EUR/USD
1.13588
0.485%
Gold
3317.52
2.600%
Oil
57.155
-1.903%
USD/JPY
143.621
-0.936%
GBP/USD
1.33281
0.386%
GBP/JPY
191.423
-0.554%
Real-time News
Central Bank of Egypt: Egypts oil imports increased by 53.3% to $9.7 billion from July to December 2024, due to an increase of $2.1 billion in natural gas imports.Apollo Global Management CEO: The United States may experience negative growth for two consecutive quarters.Apollo Global Management CEO: Some manufacturing jobs can come back to us.Torsten Slok, an economist at Apollo Global Management, wrote on May 5 that such a sharp drop in oil prices could cause U.S. producers to cut production and potentially seek layoffs. He pointed out that a Dallas Fed survey in May found that U.S. producers typically want to see oil prices between $61 and $70 to ensure that new drilling can be profitable. NYMEX crude oil closed at $58.29 last week. The Dallas Fed found in the survey that if oil prices "continue to hover in the recent $60-$64 range, employment may shrink further."May 5, according to people familiar with the matter, Apple (AAPL.O) plans to sell investment-grade bonds on Monday. People familiar with the matter said the iPhone maker is seeking to issue up to four parts of bonds, the longest of which is a 10-year bond, and the price initially discussed is 0.7 percentage points higher than U.S. Treasuries. Data shows that this is the first time Apple has issued corporate bonds in two years. This week, bankers expect $35 billion to $40 billion in new debt issuance, of which industrial and technology companies such as Apple may account for the majority. The person familiar with the matter said Barclays, Bank of America, Goldman Sachs Group and JPMorgan Chase are responsible for Apples bond issuance.
