EUR/USD
1.16039
0.285%
Gold
4350.07
3.311%
Oil
79.258
-4.371%
USD/JPY
160.144
-0.035%
GBP/USD
1.34362
0.192%
GBP/JPY
215.178
0.157%
Real-time News
The UK Maritime Trade Operations Office has received reports of an incident 111 nautical miles southeast of Aden, Yemen, where an oil tanker reported that a small boat approached and fired on it.June 15th - XTBs Kathleen Brooks stated in a report that the US-Iran peace agreement aimed at ending the Middle East conflict and reopening the Strait of Hormuz is putting downward pressure on oil prices and easing inflation concerns. This development comes ahead of Thursdays Bank of England interest rate decision, with investors widely expecting the benchmark rate to remain unchanged at 3.75%. The market may focus on voting divisions and the Bank of Englands communication for clues about the future direction of the interest rate decision. Data from the London Stock Exchange Group shows that the market has already fully priced in the expectation of a 25 basis point rate hike by the Bank of England in December.June 15 – On June 15 local time, the U.S. Central Command issued a statement saying that the U.S. blockade of Iranian ports will remain in effect until the agreement reached with Iran on June 19 is formally signed. The statement said that ships affected by the blockade should not attempt to cross the blockade area without receiving “clear instructions.”June 15th - Tungsten hexafluoride (THF) is a key deposition material in the manufacture of memory chips and advanced logic chips, and is also a popular product in the current surge in demand for electronic specialty gases. Affected by factors such as the withdrawal of some overseas production capacity and the continued expansion of downstream memory chip production, the supply-demand gap has widened, directly driving product prices into an upward trend. Analysts stated, "Taking THF with a significant market price increase as an example, the average monthly price of 5N grade THF in June is expected to reach 1760 yuan/kg, a year-on-year increase of 236%. The surge in demand from memory chips is the core supporting factor." The head of a specialty gas production company in Shanghai stated that helium demand has recently surged, and even with the factory operating on double shifts, supply still cannot meet demand. The head explained, "The semiconductor industry has a very high demand for helium. Many customers are asking, and now the price changes daily. Its possible that todays price will be unavailable tomorrow."June 15th - As the artificial intelligence industry continues to boom, demand for AI chips and high-end memory chips is surging. The production of these chips relies heavily on a special consumable – electronic specialty gases. Electronic specialty gases are electronic-grade gases with a purity exceeding 99.99%, core materials in the field of electronic chemicals, and often referred to as the lifeblood of the semiconductor industry. Driven by strong downstream demand, many core products in the electronic specialty gas market are currently in short supply. Executives from several specialty gas manufacturers stated that their order backlogs have increased significantly, and production lines are operating at full capacity. These executives explained that many of these products ultimately end up in semiconductor wafer foundries, and because some electronic specialty gases are flammable, explosive, and highly hazardous chemicals, customers typically maintain zero inventory. According to these executives, the demand for electronic specialty gases from semiconductor wafer manufacturers has exploded this year, pushing their delivery schedules to near full capacity.
