EUR/USD
1.15921
-0.001%
Gold
4371.37
0.999%
Oil
89.352
-0.022%
USD/JPY
158.676
-0.935%
GBP/USD
1.35001
-0.111%
GBP/JPY
214.219
-1.040%
Real-time News
September 2nd - US President Trump: Now that we Americans control it, should we rename the Strait of Hormuz to "Trump Strait"? Like the US itself, it will be "hotter" than ever before!On September 2nd, Bank of Canada Governor Macklem stated at a press conference that Canadas current inflation level remains too high, primarily concentrated in gasoline and energy prices. Macklem pointed out that the greater risk to current inflation lies in the evolution of the situation in the Middle East, how long oil prices will remain high, and how high they will ultimately rise. The central bank will closely monitor inflation data and make policy decisions accordingly. He stated that the central bank has limited tolerance for high inflation, and if inflation is deemed a persistent problem, multiple interest rate hikes may be necessary, but rate hikes are definitely not the only outcome. The central bank is prepared to adjust monetary policy as needed. Meanwhile, the Canadian economy is progressing steadily through a new phase in the trade dispute, but new US tariffs will put pressure on fourth-quarter economic growth. Macklem also noted that some spillover effects from global bond yields on Canada have been observed, which the central bank will take into account; if monetary policy fails to achieve its objectives, the market will repric.Delta Air Lines (DAL.N): This year it will invest approximately $18 billion in its employees through a “comprehensive incentive” program.Market news: Venezuelan interim president Rodriguez met with Eni CEO Descalzi.Delta Air Lines: It will match the donations made by eligible employees’ children with the same amount as the $1,000 that the federal government has paid into Trump’s related accounts.
