EUR/USD
1.16413
0.082%
Gold
4505.76
-0.038%
Oil
90.610
-1.988%
USD/JPY
159.252
-0.024%
GBP/USD
1.34538
0.053%
GBP/JPY
214.259
0.033%
Real-time News
On May 27th, the Reserve Bank of New Zealand (RBNZ) kept the Official Cash Rate (OCR) unchanged at 2.25%, but ANZ Bank stated that the RBNZ is "clearly very inclined to raise rates." The vote was a 3-3 tie, with RBNZ Governor Brehman casting the deciding vote. The released interest rate path chart shows that the OCR will rise faster than expected in February. ANZ Bank stated that the chart implies a very high probability of consecutive rate hikes at the RBNZs next three meetings. ANZ Banks Chief Economist for New Zealand, Sharon Zollner, said, "We still expect three rate hikes this year, in July, September, and October." She added, "We remain open to the possibility that the OCR needs to rise above 3%, but there are many variables to observe before that happens."On May 27, local time, a spokesperson for Irans Civil Aviation Organization stated that Tabriz International Airport, which was attacked in the recent conflict, has resumed operations after repairs by Iranian technicians and reopened on the 27th. The spokesperson noted that Tabriz International Airport is Irans third busiest international airport, currently serving nine international destinations.On May 27th, the Guangdong Provincial Strategic Emerging Industries Investment Guidance Fund was launched in Guangzhou, and XPeng Group was honored to be among the first batch of signed projects. Chairman and CEO He Xiaopeng emphasized at the ceremony that strategic emerging industries require "patient capital" capable of navigating economic cycles. XPeng will steadfastly pursue independent research and development, continuously increase investment in scientific research, and make every effort to overcome core technologies in physical AI. With the support of the fund, XPeng aims to enable the low-altitude economy to "take off," autonomous driving to "run," and embodied intelligence to "be used," transforming innovative technologies into real industrial power.SK Hynixs stock price rose by 14%.May 27th - Data released Wednesday by the European Automobile Manufacturers Association (ACEA) shows that European car sales rose for the third consecutive month in April, with consumers continuing to purchase large numbers of electric and hybrid vehicles. New car registrations in April increased by 7% year-on-year, reaching 1.15 million units. Sales in major markets such as Germany and the UK both saw growth, with electric vehicle deliveries surging by 38%. Due to the implementation of new subsidies, electric vehicle sales in Germany, Europes largest car market, jumped 41%. Hybrid vehicle sales increased in Europe in April, while sales of gasoline and diesel vehicles continued to decline, indicating that the European car market is continuing its transition to electrification. After a dismal 2025, Teslas performance in the European market continued to recover, with sales in Europe increasing by 47% year-on-year in April. Volkswagen, Stellantis, Mercedes-Benz, and BMW also recorded higher delivery volumes.
