EUR/USD
1.15974
-0.129%
Gold
4410.31
0.090%
Oil
90.026
1.826%
USD/JPY
158.554
0.073%
GBP/USD
1.34227
-0.112%
GBP/JPY
212.825
0.023%
Real-time News
On March 24th, asset management firm Neuberger Berman stated that European interest rates present two-way risks, and this asymmetry should be reflected in prices. The rise in global government bond yields, while influenced by central bank expected repricing, is also likely due to the need for central banks and financial institutions to raise funds due to rising oil prices. Even without traditional safe-haven demand, US Treasuries reflect a clearer easing path from the Federal Reserve than the European Central Bank.The SC crude oil futures contract fell by more than 8.00% again during the day, and is currently trading at 740.50 yuan/barrel.The platinum futures contract rose 4.00% intraday, currently trading at 489.35 yuan/gram. The palladium futures contract rose 4.90% intraday, currently trading at 359.4 yuan/gram.March 24 (Yonhap) -- The South Korean government is likely to implement naphtha export controls this week as Irans prolonged blockade of the Strait of Hormuz disrupts naphtha supplies. Yang Ki-wook, director of the Trade and Resources Security Office of the Ministry of Trade, Industry and Energy, stated at a press conference at the Sejong Government Building on the 24th that the Ministry is coordinating with relevant departments on plans to implement naphtha export controls. Naphtha is a basic raw material for petrochemical products; South Korea relies on domestic refineries for 55% of its naphtha, importing the remainder.Prosecutors say a Russian drone strike on an electric multiple unit in Ukraine’s Kharkiv region killed one person.
