EUR/USD
1.15623
-0.012%
Gold
4109.09
2.626%
Oil
60.051
0.628%
USD/JPY
154.051
0.407%
GBP/USD
1.31814
0.142%
GBP/JPY
203.064
0.549%
Real-time News
November 11th - Three sources indicate that artificial intelligence software provider C3.ai (AI.N) is exploring potential sale options and other possibilities following the resignation of founder Thomas Siebel as CEO due to health issues. C3 provides platforms to clients such as Shell and the U.S. Air Force, helping them develop and operate large-scale AI applications. Its AI tools are widely used by the U.S. government and industries such as energy and manufacturing. The companys stock has fallen more than 54% year-to-date due to deteriorating financial performance and uncertainty surrounding strategy and leadership. When it released its earnings report on September 3rd, the company also withdrew its full-year financial guidance. Salesforce veteran Stephen Ehikian succeeded Siebel as CEO on September 1st.C3.ai (AI.N) surged during trading, with gains exceeding 10% at one point.Hang Seng Index futures closed down 0.19% at 26,643 points in overnight trading, a discount of 6 points.On November 11th, JPMorgan Private Bank stated that the strong upward momentum in gold prices could push them above $5,000 per ounce next year, primarily driven by continued purchases by central banks in emerging market economies. Alex Wolf, Global Head of Macro and Fixed Income Strategy at the bank, pointed out that gold prices could reach $5,200 to $5,300 by the end of 2026, more than 25% higher than current trading levels. Global central bank gold purchases have been a key driver of the sharp rise in gold prices over the past two years. Policymakers seeking a store of value and asset diversification pushed gold prices to a record high of over $4,380 in October this year. Although prices have retreated somewhat in recent weeks, they are still up more than 50% year-to-date. Wolf stated that for many central banks, gold still represents a relatively small proportion of their foreign exchange reserves, especially in emerging market countries. He added, "We are still seeing them increasing their gold holdings, although the pace of purchases may slow due to rising prices."On November 11, Hamas spokesman Hazem Qasim stated on the 10th that Israel is deliberately expanding the "yellow line" area in northern Gaza, effectively altering the post-ceasefire border, and has failed to implement the previously agreed-upon ceasefire map. He described the recent Israeli military operations in several areas as a "systematic breach" of the ceasefire agreement. Qasim said Hamas, through the mediators, has requested heavy machinery to search for the bodies of Israeli detainees in the rubble, but continued Israeli restrictions are hindering the operation.
