EUR/USD
1.16211
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Gold
4481.26
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Oil
88.563
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156.355
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1.35381
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211.677
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Real-time News
Taiwans foreign exchange reserves stood at US$601.904 billion in August, compared with US$594.27 billion in the previous month.September 4th - Allianz Chief Economic Advisor El-Erian stated that today is "Non-Farm Payrolls Day" in the United States. He expects 53,000 new non-farm jobs to be added in August, following a loss of 23,000 jobs in July; the unemployment rate is expected to remain unchanged at 4.1%; the labor force participation rate is expected to rise slightly from 61.4% to 61.5%; and average hourly earnings are expected to increase by 0.3% month-over-month. He emphasized the importance of focusing on labor market supply-side indicators.Italys retail sales rose 0.8% year-on-year in July, compared with 3.10% in the previous month.Italys seasonally adjusted retail sales fell 0.4% month-on-month in July, compared with a previous reading of -0.10%.September 4th - According to the Washington Post, the Los Angeles Unified School District, the second-largest public school district in the United States, will ban all students from using generative AI this school year. New York City Public Schools, the largest school district in the U.S., also announced on Wednesday a one-year moratorium on such tools until high school. The Los Angeles Unified School Districts policy was mentioned at a committee meeting on Wednesday regarding the use of AI in schools. In June, the district board had already set limits on screen time based on student age. Regarding these policies, district officials further clarified this week that they will ban all students from using generative AI, regardless of age. Dominic Caguioa, director of educational technology and innovation, told board members at the meeting that the district is now "taking a much stricter approach to content and platforms."
