EUR/USD
1.15480
0.075%
Gold
5008.46
0.046%
Oil
91.462
-3.946%
USD/JPY
158.578
-0.261%
GBP/USD
1.33726
0.131%
GBP/JPY
212.064
-0.069%
Real-time News
The Norwegian Offshore Authority: Statoil and its partners have discovered oil in the "POLYNYA TUBAEN" exploration target area. The discovered reservoir is estimated to contain between 14 million and 24 million barrels of crude oil.1. Bank of America: With both inflation and long-term growth expectations revised upwards, Powell may acknowledge the risks of stagflation while emphasizing a wait-and-see approach. 2. Morgan Stanley: Powell may choose to ignore energy-driven inflation, the dollar faces downside risks, and oil prices will play a central role in the foreign exchange market. 3. Trade France: With the risks of its dual mandate increasing, Powell is unlikely to provide clear guidance on the timing of interest rate cuts this year, instead continuing his data-dependent stance. 4. Rabobank: Under Powells leadership, the Fed is likely to maintain a wait-and-see approach, attempting to balance inflation risks and slowing growth. 5. Deutsche Bank: Powell is likely to emphasize that the Middle East situation primarily affects the economy through financial conditions, particularly volatile oil prices. 1. Deutsche Bank: Policymakers are expected to emphasize the significantly increased geopolitical uncertainty. 2. Morgan Stanley: The Federal Reserve is not expected to respond to the oil price shock by raising interest rates or hinting at the risk of such a hike. 3. RBC Capital Markets: The recent energy price shock is not enough to put a rate hike on the agenda, but may prompt the Fed to remain on the sidelines. 4. Rabobank: If the war situation worsens, the US economy will face the dual pressures of a sharp rise in inflation and a significant slowdown in growth in 2026. 5. Bank of America: With slowing employment and exhausted fiscal stimulus, rising oil prices will weaken consumer spending, creating conditions for the Fed to ease monetary policy. 6. ANZ: Uncertainty from the Middle East geopolitical situation is not expected to substantially change the Feds underlying fundamental assessment of falling inflation and cooling employment. 7. Commerzbank: As long as inflation expectations remain stable and the labor market continues to face downward pressure, the Fed is likely to temporarily ignore the temporary rise in oil prices. The Israel Defense Forces (IDF) recently detected a missile launched from Iran heading towards Israeli territory. Defense systems are operational to intercept the threat. In the past few minutes, the domestic frontline command has sent precautionary instructions to personnel in the affected areas via mobile phone.In an interview with Al Jazeera, Irans foreign minister said he understands the dissatisfaction of regional countries over the matter, but the United States should bear full responsibility for the war.
