EUR/USD
1.16045
-0.023%
Gold
4160.03
0.431%
Oil
58.284
0.149%
USD/JPY
151.769
-0.022%
GBP/USD
1.33220
0.020%
GBP/JPY
202.192
0.012%
Real-time News
New Zealand Reserve Bank Chief Economist Conway: The neutral interest rate is always fluctuating.1. The three major U.S. stock indices closed mixed, with the Dow Jones Industrial Average up 0.44%, the S&P 500 down 0.16%, and the Nasdaq down 0.76%. Walmart rose nearly 5%, with Caterpillar rising over 4%, leading the Dow higher. The Wind SEV index fell 1.26%, with Nvidia down over 4% and Amazon down over 1%. Most Chinese concept stocks fell, with Zai Lab down nearly 6% and GDS down over 5%. 2. The three major European stock indices closed mixed, with Germanys DAX down 0.62%, Frances CAC 40 down 0.15%, and the U.K.s FTSE 100 up 0.1%. 3. U.S. Treasury yields fell across the board, with the 2-year Treasury yield down 3.54 basis points to 3.489%, the 3-year Treasury yield down 4.70 basis points to 3.486%, the 5-year Treasury yield down 4.17 basis points to 3.606%, the 10-year Treasury yield down 2.50 basis points to 4.028%, and the 30-year Treasury yield down 0.67 basis points to 4.629%. 4. International precious metals futures closed mixed, with COMEX gold futures up 0.64% to $4,159.60 per ounce and COMEX silver futures down 0.17% to $50.35 per ounce. Federal Reserve officials indicated that monetary policy will remain moderately tight. The U.S. government shutdown exacerbated market volatility, and the IMF warned that tariffs are weakening the global growth outlook. 5. The International Energy Agency released a bearish forecast, with the main WTI crude oil contract at $58.59 per barrel; the main Brent crude oil contract fell 1.64% to $62.28 per barrel. 6. Base metal prices fell across the board in London: LME zinc futures fell 2.23% to $2,953.50 per ton, LME copper futures fell 2.05% to $10,598.50 per ton, LME tin futures fell 1.22% to $35,290.00 per ton, LME aluminum futures fell 0.85% to $2,739.50 per ton, LME nickel futures fell 0.66% to $15,105.00 per ton, and LME lead futures fell 0.58% to $1,977.50 per ton.On October 15th, the U.S. Senate failed to pass a procedural vote on October 14th, preventing it from advancing a temporary appropriations bill proposed by the Republicans. The bill required 60 votes to advance, but the vote was 49 in favor and 45 against. It is reported that if passed, the temporary appropriations bill will provide funding for the government until November 21st, but the bill does not address any health care demands put forward by the Democrats.New Zealand Reserve Bank Chief Economist Conway: We must avoid options that threaten the independence of monetary policy operations or ignore medium-term inflationary pressures.Conway, chief economist of the Reserve Bank of New Zealand: We will continue to update our approach to be as prepared as possible to help New Zealand cope with various economic storms that may arise in the future.
