EUR/USD
1.16123
0.172%
Gold
4233.92
0.916%
Oil
58.701
0.412%
USD/JPY
154.632
-0.114%
GBP/USD
1.31529
0.152%
GBP/JPY
203.391
0.050%
Real-time News
November 13th - Weaker-than-expected UK economic growth data on Thursday, coupled with the potential for impending fiscal austerity, should solidify the pounds downward trend. According to a Wall Street Journal survey of economists, the UK economy grew by 0.1% in the third quarter, below the expected 0.2%. Analysts at Monex Europe stated that these figures are released ahead of the budget on November 26th, when fiscal austerity measures, including tax increases, are expected. We anticipate that the pound will remain under pressure in the short term as the market digests the rising risks to the UK outlook.On November 13th, oil prices remained range-bound in afternoon trading as traders weighed concerns about oversupply against shrinking OPEC+ spare capacity and risks from Russian sanctions. Saxo Bank analysts stated, "The near-term outlook continues to show weakness, primarily due to ample supply and weak seasonal demand, but the long-term outlook has become more constructive due to a significant shift by the International Energy Agency (IEA)." The IEA, in its annual World Energy Outlook report, revived a scenario where global oil consumption will continue to grow until 2050 under current policies. However, Saxo Bank analysts noted that the IEA also forecasts a larger surplus this year, while OPEC revised its third-quarter estimates, stating that supply exceeded demand—a move widely interpreted as confirmation that the long-awaited oversupply has arrived.November 13th - Weaker-than-expected UK GDP data released on Thursday contradicted recent confidence indicators and consumer confidence surveys. Jonathon Marchant, an analyst at Mattioli Woods, stated in a report that the UK economy contracted by 0.1% in September, weaker than the 0.1% consensus growth predicted in a Wall Street Journal survey of economists. In contrast, the UK services PMI improved to 52.2 in October, up from 50.1 in September. He said, "This disconnect between these forward-looking survey indicators and actual output raises questions about the transmission of sentiment to tangible economic activity and suggests pre-budget vulnerability."On November 13th, Canadian Solar announced that its controlling shareholder, Canadian Solar Inc. (CSIQ), expects total revenue for the fourth quarter of 2025 to be between $1.3 billion and $1.5 billion, with a gross margin expected to be between 14% and 16%. Full-year 2026 module shipments are projected to be between 25 and 30 gigawatts, and energy storage system shipments between 14 and 17 gigawatt-hours.Bilibili (BILI.O) rose 5.77% in pre-market trading after Q3 net profit exceeded expectations.
