EUR/USD
1.11977
0.202%
Gold
3153.42
-0.756%
Oil
61.398
-1.607%
USD/JPY
146.094
-0.441%
GBP/USD
1.32827
0.161%
GBP/JPY
194.059
-0.235%
Real-time News
The dollar fell 1% against the Korean won to 1,392.70.The main contract of SC crude oil fell 4.00% during the day and is now trading at 468.00 yuan per barrel.On May 15, IG Markets analyst Tony Sycamore said that Australias strong employment data in April once again reminded people that the job market is resilient. However, with inflation returning to the RBAs target range, coupled with high tariffs that pose downside risks to global economic growth, the RBA is still expected to cut interest rates at next weeks meeting. Since the release of the employment report, interest rate market traders have slightly reduced the probability of a 25 basis point rate cut next week from 90% to 80%.Sources said Japan is seeking to hold a third round of U.S.-Japan trade talks next week.May 15th, the Asia-Pacific Economic Cooperation (APEC) warned on Thursday that the regions exports will hardly grow this year amid the backdrop of increased tariffs imposed by the United States. At the same time, APEC, which consists of 21 member countries, began its annual trade ministerial meeting. APEC released a regional trend analysis report, predicting that the regions exports will grow by only 0.4% this year, compared with 5.7% last year. APEC also lowered its regional economic growth forecast for this year from 3.3% to 2.6%. "APECs trade growth will decline significantly due to declining external demand, especially for manufacturing and consumer goods, while at the same time, rising uncertainty surrounding commodity-related measures has also put pressure on trade in services," APEC said in a statement.
