EUR/USD
1.11924
0.084%
Gold
3242.61
0.090%
Oil
61.223
0.029%
USD/JPY
145.516
-0.119%
GBP/USD
1.33088
0.018%
GBP/JPY
193.667
-0.055%
Real-time News
On May 16th, local time on the 15th, the Federal Aviation Administration (FAA) approved the modification of the SpaceX Starship 9 flight mission license, which included allowing SpaceX to increase the number of Starship launch missions it can perform each year at the Boca Chica base in Texas from 5 to a maximum of 25.New York gold futures hit $3,250 an ounce, up 0.73% on the day.On May 16, according to CMEs "Fed Watch": the probability of the Fed keeping interest rates unchanged in June is 91.7%, and the probability of a 25 basis point rate cut is 8.3%. The probability of the Fed keeping interest rates unchanged in July is 63.2%, the probability of a cumulative 25 basis point rate cut is 34.2%, and the probability of a cumulative 50 basis point rate cut is 2.6%.On May 16, Macquarie Group expects OPEC+ to continue to increase production in July to punish those member countries that produce beyond their quotas and actively respond to US President Trumps call for lower oil prices. Macquarie energy strategist Vikas Dwivedi said that OPEC+ is expected to increase crude oil production by another 100,000-400,000 barrels per day in July, after the oil-producing alliance agreed to increase production by 411,000 barrels in June, exceeding expectations and exacerbating market concerns about oversupply of crude oil this year. OPECs push for increased production is aimed at punishing "quota violators" such as Kazakhstan and Iraq. OPECs production increase may also prompt the US shale oil producing areas to slow down their expansion.The U.S. Food and Drug Administration (FDA) has initiated a more enhanced and systematic review process for food chemicals in the marketplace.
