EUR/USD
1.16219
0.009%
Gold
4541.19
-0.099%
Oil
102.692
1.697%
USD/JPY
158.974
0.131%
GBP/USD
1.33141
-0.029%
GBP/JPY
211.664
0.102%
Real-time News
Jefferies: Raises its price target for Walmart (WMT.N) from $145 to $150.On May 18th, Samsung Electronics union stated in a statement that they will proceed with their planned strike despite the district courts partial approval of the companys injunction application. The union stated that they respect the courts injunction, which requires the union to ensure that any strike action does not disrupt production.On May 18th, according to the Financial Times, Bank of England Deputy Governor Brident stated that the central bank should remain "prudent" and not act "too hastily" on interest rates amid the current double whammy of geopolitical turmoil and the energy crisis. Brident is one of the potential contenders to succeed Bailey as Bank of England governor in two years. During a meeting with business executives in southwest England, she repeatedly conveyed a dovish message on interest rates, expressing sympathy for businesses and households facing rising bond yields and renewed cost-of-living pressures. At the April meeting, Brident, along with a majority of members, voted to keep interest rates at 3.75%. However, the Bank of Englands chief economist, Peale, supported a rate hike. With the energy shock continuing, calls for a rate hike within the nine-member committee are likely to intensify. Brident stated, "We dont need to rush into action. We are now in a good position to observe how the economic situation develops."According to the Financial Times, Bank of England Deputy Governor Brident said the Bank of England should not be too "aggressive" on interest rates.Why did the market focus on "zinc" immediately after the earthquake in Liuzhou, Guangxi? A graphic explains the upstream and downstream distribution of the zinc industry chain, and the complete transmission logic of zinc from mines to end-use applications.
