EUR/USD
1.17713
0.127%
Gold
3337.21
0.339%
Oil
65.605
-1.068%
USD/JPY
144.456
-0.311%
GBP/USD
1.36467
-0.064%
GBP/JPY
197.138
-0.357%
Real-time News
On July 4, ECB board member Wensch said that inflation risks are pointing downward rather than upward. In his speech, he cited falling energy prices, the continued strength of the euro and uncertain economic growth prospects as reasons for making the above assessment. Wensch said that the neutral interest rate level may not be enough and there is reason to support moderate supportive monetary policy.Market news: US Secretary of State Rubio and Syrian Foreign Minister discussed the possibility of the Syrian president attending the UN General Assembly in New York in September.According to Germanys Der Spiegel magazine: German Chancellor Merz and US President Trump held a telephone conversation on Ukraines air defense issue.July 4th, driven by soaring gold production and improved foreign exchange reserves, Zimbabwes currency ZiG (Zimbabwe Gold) recorded its biggest one-day gain against the US dollar this year. According to data published on the website of the countrys central bank, ZiG rose 0.2% to 26.89 against the US dollar on Friday. The countrys only gold refinery, Fidelity Refining, said in a statement on Friday that gold production increased by nearly 46% to 20,104 kilograms in the first six months of this year. In June this year, its production rose 63% year-on-year. The countrys central bank said that the increase in gold production has tripled foreign exchange reserves. The Reserve Bank of Zimbabwe said last month that it had 3.4 tons of gold in its vaults, more than double the 1.5 tons of gold when ZiG was first issued in April last year. ZiG is the product of the countrys sixth attempt to stabilize its currency in 16 years.Indian official: Trade deal with US will be reached before July 9 only if it is in the interest.
