EUR/USD
1.16133
0.030%
Gold
4438.31
-0.824%
Oil
91.056
0.058%
USD/JPY
159.960
-0.037%
GBP/USD
1.34260
0.019%
GBP/JPY
214.767
-0.020%
Real-time News
Futures News, June 5th: Since May, silver prices have risen and then fallen, with the price trending downwards within a narrow range. As of June 4th, the domestic spot price of #1 silver was 17,711 yuan/kg, a cumulative decrease of 4.41% compared to the beginning of May. In early May, the US and Iran signaled a willingness to negotiate, coupled with Perus energy emergency decree, which raised concerns about mine output, causing silver prices to fluctuate upwards. However, with major consumer India raising import tariffs on silver, the resignation of dovish Fed member Milan, and the stalemate between the US and Iran on key issues, the market traded on interest rate hike expectations, putting downward pressure on silver. Looking ahead, the macroeconomic logic remains focused on the Feds interest rate decision and the US-Iran negotiations. Domestic inventory levels are currently high, and slightly weak consumption has failed to provide fundamental support. In the short term, attention will be focused on the US May non-farm payroll report and CPI data. It is expected that silver prices will lack a clear direction in the short term.June 5th - Thailands inflation unexpectedly slowed in May, remaining within the central banks target range, reducing pressure to implement interest rate interventions. Data released by the Commerce Ministry on Friday showed that the Consumer Price Index (CPI) rose 2.79% year-on-year in May, a slowdown from 2.89% in April. The Bank of Thailand has consistently viewed price increases as temporary and has indicated its willingness to ignore any short-term inflation spikes, stating that tightening monetary policy has had little effect on addressing supply-driven shocks. Governor Vitai Ratanakorn stated this week that the current policy rate "remains appropriate for now." The Commerce Ministry expects the inflation rate to reach 3% in June and remain above 3% in the second half of the year.On June 5th, according to Tianyancha App, Anhui Deyi Energy Technology Co., Ltd. recently underwent industrial and commercial changes. The original shareholders, Wuhu Ekotech Powertrain Co., Ltd. and Wuhu Zhenyong Enterprise Management Center (Limited Partnership), withdrew, and Wuhu Qida Power Battery System Co., Ltd., a subsidiary of Chery Automobile, became a new shareholder. At the same time, the registered capital increased from RMB 1.8 billion to RMB 2.3 billion, an increase of approximately 28%.On June 5th, S&P Dow Jones Indices announced on Thursday that it will maintain the current eligibility requirements for major benchmark indices such as the S&P 500, rejecting proposals to quickly include mega-cap companies like SpaceX after their IPOs. The index provider stated in its announcement that it will not shorten the current 12-month maturity period for newly listed companies, nor will it exempt existing profitability and public float requirements based on company size. This decision contradicts the broader industry shifts undertaken by its competitors Nasdaq and FTSE Russell. This outcome means that SpaceX, which is preparing for what could be the largest IPO in history, will not be eligible for inclusion in the S&P 500 for at least one year after its listing. The company will also need to meet the indexs existing profitability and public float requirements. ETF analyst James Seifert said, "Im really surprised. But S&P is a market leader, and they can go against the grain."SK Hynix shares continued their decline, falling nearly 8%; Samsung Electronics shares fell 4.8%.
