EUR/USD
1.15623
0.035%
Gold
4527.34
0.470%
Oil
90.411
-0.078%
USD/JPY
159.460
-0.001%
GBP/USD
1.33580
-0.043%
GBP/JPY
213.011
0.017%
Real-time News
On March 26, Meitu (01357.HK) issued an announcement on the Hong Kong Stock Exchange, stating that some online posts mentioning undisclosed information such as the companys 2025 annual results constitute inside information. The company hereby clarifies that the 2025 annual results still require approval by the Board of Directors at its meeting on March 27. At the companys request, trading in the companys shares on the Hong Kong Stock Exchange was temporarily suspended from 9:00 a.m. on March 26, 2026, pending the publication of the companys annual results announcement for that period on March 27, 2026.March 26 - Japanese two-year government bond yields climbed to their highest level since 1996 as markets anticipated a near-term interest rate hike by the Bank of Japan. The yield on the two-year bond, which is highly sensitive to monetary policy expectations, rose 1 basis point to 1.315% on Thursday, surpassing the previous high of 1.31% reached last month. The yield on the ten-year bond rose 2 basis points to 2.270%. Markets anticipate that rising oil prices following the outbreak of conflict in Iran will trigger an inflationary shock. Warnings from central banks about persistent price pressures have pushed up short-term yields, while traders have largely eliminated expectations of further easing by the Federal Reserve this year. Rising oil prices have also put pressure on the yen, further increasing market expectations that the Bank of Japan may need to continue tightening monetary policy. Overnight index swap data showed that the market expects a 64% probability of the Bank of Japan taking action in April.March 26 – Federal Reserve Chairman nominee Kevin Warsh hopes to significantly reduce the Feds $6.6 trillion balance sheet. A top financial economist suggests he may need more than one term to accomplish this task. Darrell Duffy, a Stanford Graduate School of Business professor and longtime advisor to the Fed, argues in a new paper that if the Fed wants to significantly reduce its influence in financial markets without causing severe stress, reforms are needed, including a radical overhaul of bank liquidity requirements and a redesign of the payment system. Once Warsh is confirmed by the Senate, he can immediately implement some reforms, provided he has the support of his colleagues. Duffy indicates that other reforms could take up to five years, meaning this work will continue beyond Warshs four-year term as chairman.According to the Wall Street Journal, Nvidia-backed startup Reflection is in talks to raise $2.5 billion, which would value the company at $25 billion.On March 26th, TD Securities analysts stated that the current oil price volatility is unlikely to prompt the Federal Reserve to take aggressive policy measures. Although the market has begun to factor in the risk of interest rate hikes due to high inflation expectations, TD Securities indicated that the Fed is more likely to adopt a "wait-and-see" approach, with its leadership still favoring rate cuts later in 2026. The bank added, "As long as long-term inflation expectations remain stable and the second-round effect is controlled, the Fed will likely ignore the impact of this energy shock."
