EUR/USD 1.15556
-0.052%
Gold 3386.05
0.026%
Oil 70.974
1.362%
USD/JPY 144.789
0.028%
GBP/USD 1.35599
-0.131%
GBP/JPY 196.337
-0.060%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Futures June 17 news, Zhengzhou Commodity Exchange variety warehouse receipts and changes are as follows: 1. Apple futures warehouse receipts 0, unchanged from the previous trading day; 2. Peanut futures warehouse receipts 0, unchanged from the previous trading day; 3. Red date futures warehouse receipts 8555, an increase of 245 from the previous trading day; 4. Glass futures warehouse receipts 877, unchanged from the previous trading day; 5. Urea futures warehouse receipts 5810, a decrease of 112 from the previous trading day; 6. Short fiber futures warehouse receipts 5464, unchanged from the previous trading day; 7. Rapeseed meal futures warehouse receipts 25907, a decrease of 270 from the previous trading day; 8. PX futures warehouse receipts 5, unchanged from the previous trading day; 9. Soda ash futures warehouse receipts 6866, a decrease of 175 from the previous trading day; 10. There were 1,185 warehouse receipts for rapeseed oil futures, unchanged from the previous trading day; 11. There were 9,909 warehouse receipts for methanol futures, down 1,000 from the previous trading day; 12. There were 2 warehouse receipts for cotton yarn futures, unchanged from the previous trading day; 13. There were 28,586 warehouse receipts for white sugar futures, unchanged from the previous trading day; 14. There were 0 warehouse receipts for caustic soda futures, unchanged from the previous trading day; 15. There were 15,241 warehouse receipts for ferrosilicon futures, down 32 from the previous trading day; 16. There were 97,115 warehouse receipts for silicomanganese futures, down 527 from the previous trading day; 17. There were 80,807 warehouse receipts for PTA futures, down 4,262 from the previous trading day; 18. There were 10,993 warehouse receipts for cotton futures, down 40 from the previous trading day.According to CNN, citing US officials: US intelligence officials believe that the Israeli attack may only delay Irans nuclear program by a few months.The onshore RMB closed at 7.1838 against the U.S. dollar at 16:30 on June 17, down 36 points from the previous trading day.Futures News on June 17, on Tuesday, the price of the main asphalt futures contract BU2509 fell by 0.03% from the previous trading day, with a position of 259,800 lots. According to Zhuochuang Information, from 9:00 to 11:30 today, the spot prices of asphalt in North China and South China continued to rise, while the spot prices of asphalt in other regions were mainly stable; the current operating load rate of asphalt enterprises is at a relatively high level this year, but it is still at a low level compared with previous years; the overall demand is slightly flat, the purchasing enthusiasm of mid- and downstream users is average, and the arrival of the plum rain season in the south has brought seasonal downward pressure to the market. Inventory is at a low level for the same period, which relatively supports the price of asphalt. Recently, due to geopolitical influences, international crude oil prices have fluctuated upward, and the price center of asphalt has fluctuated with the cost side. It is recommended to operate with a strong idea of fluctuation.ECB board member Stournaras: The ECB has reached the "first equilibrium point" and any further rate cuts will depend on the data.

Despite an increase in bullish BOE wagers, the EUR/GBP pair advances to 0.8640

Alina Haynes

Nov 01, 2022 17:57

截屏2022-11-01 上午11.36.35.png

 

During the Tokyo session, the EUR/GBP pair aims to extend its recent rally beyond the 0.8625 level. After protecting the crucial support level of 0.8574 on Monday, the cross surged significantly. Long-term investors like the asset now that the euphoria generated by the UK's innovative leadership has diminished.

 

The nomination of Rishi Sunak as Prime Minister of the United Kingdom, the fifth leader in the past six years, provided bond markets with short-term stability. The synergy between British Prime Minister Rishi Sunak and Chancellor Jeremy Hunt is accountable for the reduction of the debt mess in an atmosphere of hyperinflation.

 

To lower the pile of debt, the administration is focusing on tightening fiscal policy by reducing spending and increasing tax rates on the general population.

 

According to Treasury insiders quoted in a Financial Times article published on Monday, Sunak and Chancellor Jeremy Hunt agreed that "those with the widest shoulders should be expected to face the heaviest burden" and that taxes will rise for all. They claimed that the administration believes it is vital to repair the hole in the economy generated by the minting of money to battle the spread of Covid-19 and to assist households with energy bills. And spending reductions seldom suffice to eliminate the deficit.

 

Governor Andrew Bailey of the Bank of England (BOE) is anticipated to further tighten monetary policy to minimize inflationary pressures. Analysts at Rabobank have predicted an increase of 75 basis points (bps) in interest rates. This would be the greatest rate hike during the current cycle.

 

In the interim, Euro investors anticipate future rate hikes from the European Central Bank (ECB) as the headline Harmonized Index of Consumer Prices (HICP) has increased to 10.7% opposed to the expected 10.2%. Price pressures have soared, necessitating additional rate hikes to combat inflation.

Suggestion