EUR/USD 1.15853
-0.568%
Gold 4458.14
-3.118%
Oil 82.713
-0.301%
USD/JPY 160.075
0.430%
GBP/USD 1.35378
-0.402%
GBP/JPY 216.693
0.027%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to data compiled by Sputnik News on August 30, since 2014, more than 33,000 sanctions have been imposed on Russian individuals, businesses, and transportation. The United States, Canada, and Switzerland have imposed the most sanctions. As of August 26, 2026, other countries have imposed more than 33,700 sanctions on Russian individuals. Approximately 97.3% of these were implemented since the end of February 2022. The United States has imposed the most restrictive measures, accounting for 22% of the total sanctions imposed by all countries, approximately 7,400. Canada (13.2%, approximately 4,400) and Switzerland (11.4%, nearly 3,900) rank second and third, respectively. The European Union and Iceland rank fourth and fifth, respectively, with Iceland fully replicating EU sanctions. Including the 21st round of sanctions, the EU has imposed nearly 3,700 restrictive measures on Russia, and Iceland approximately 3,400. Following Norway (approximately 2,800 items, accounting for 8.4%), the United Kingdom (nearly 2,700 items, accounting for 7.9%), and New Zealand (nearly 2,100 items, accounting for 6.1%). The top ten also includes Australia (approximately 1,700 items, accounting for 5%) and Japan (1,400 items, accounting for 4.3%).On August 30th, it was learned from the Ministry of Emergency Management that, to ensure the smooth progress of the mudslide disaster relief and rescue work in Gyirong County, Shigatse City, Tibet, the Ministry of Emergency Management has dispatched reconnaissance drones and heavy-load drones from its "Swift Emergency" member units to continuously monitor the development of the Purepuqiang Zangbu landslide dam, conduct rolling consultations and assessments, and fully assist and guide local authorities in carrying out all aspects of disaster relief and rescue work. On the evening of August 29th, the forward monitoring drones discovered that a landslide had occurred 2.8 kilometers downstream of the Purepuqiang Zangbu landslide dam, forming a new landslide dam and a new landslide dam lake. The Ministry of Emergency Management quickly convened experts for analysis and assessment, and simultaneously transferred rescue personnel near the Gyirong border crossing to safe locations.August 30 - According to the latest data released by Nepals National Disaster Risk Reduction Authority, as of 9:00 a.m. local time on the 30th, the death toll from the landslide disaster in Nepal has risen to 734, with 2,498 people still missing.On August 30th, Liu Liehong, Director of the National Data Administration, stated at the 2026 China International Big Data Industry Expo that efforts will be made to explore business models such as value-added subscription of keywords and performance-based payments, focusing on major scenarios in the national economy. Data annotation, essentially labeling raw data, can be used to train artificial intelligence. The National Data Administration will deploy a new batch of data annotation pilot projects in 32 cities, delving into fields such as industrial manufacturing, healthcare, and transportation, to address bottlenecks in the development of the data annotation industry. Regarding digital talent cultivation, multiple departments will strengthen collaboration to promote the establishment and improvement of a talent cultivation mechanism that connects undergraduate, masters, and doctoral programs in data-related disciplines, and to improve the layout of data-related disciplines.Market news: Greece and Israel are planning to sign a $3.4 billion air defense agreement.

The EUR/GBP exchange rate recovers above 0.8000 in advance of Eurozone inflation and UK gross domestic product

Alina Haynes

Mar 30, 2023 16:05

 EUR:GBP.png

 

The EUR/GBP pair extended its recovery above 0.88 during the Asian trading session. Anticipating that the European Central Bank (ECB) will continue to raise interest rates to combat persistent inflation, the cross has depreciated progressively. Friday will see the publication of preliminary Eurozone Harmonized Index of Consumer Prices (HICP) and Gross Domestic Product (GDP) (Q4) figures. Prior to the publication of these figures, it is anticipated that the asset will exhibit explosive activity.

 

It is anticipated that the preliminary Eurozone HICP will decelerate significantly from 8.5% to 7.3%. While it is anticipated that the core HICP will rise to 5.7% from 5.6% in the previous release. Weak energy prices are anticipated to have a significant impact on Eurozone inflation. In light of Christine Lagarde's prediction that inflation will remain elevated for an extended period of time, the European Central Bank (ECB) is expected to continue tightening monetary policy.

 

In the interim, banking tensions are subsiding as the absence of information regarding additional collateral damage has a positive impact on the market. Chief Economist Philip Lane stated on Wednesday that ECB interest rates must rise if banking tension has no or a "relatively limited" impact.

 

Investors avidly anticipate the United Kingdom's Gross Domestic Product (GDP) data. According to the consensus, the United Kingdom's growth in the fourth quarter of CY2022 remained unchanged. It is anticipated that the annual GDP will remain unchanged at 0.4%. It is expected that the British economy will undergo a severe recession as a result of high inflation and sluggish growth.

 

The Bank of England (BoE) policymakers appear confident that inflation will moderate in the near future and that the unexpected rise in February's inflation was a one-time anomaly; however, the absence of evidence raises doubts. If inflation persists, BoE Governor Andrew Bailey stated that additional rate increases would be announced. In contrast, Bank of America (BoA) analysts anticipate that the Bank of England (BoE) will not increase rates and will maintain current levels until 2024.


Suggestion