EUR/USD
1.14236
0.087%
Gold
4063.92
1.409%
Oil
81.656
-0.734%
USD/JPY
162.646
0.100%
GBP/USD
1.34404
0.077%
GBP/JPY
218.608
0.179%
Real-time News
Both WTI and Brent crude oil prices fell by more than 1% during the day, currently trading at $82.04 per barrel and $86.52 per barrel, respectively.July 21 – KPMGs Chief UK Economist, Yael Selfin, stated that weak wage growth in the UK strengthens the Bank of Englands case for maintaining interest rates. She said that in the three months to May, overall wage growth excluding bonuses remained unchanged at 3.4%, with little evidence that recent energy price increases have been passed on to payroll settlements. Private sector wage growth is currently below the Bank of Englands 2% target, as weak hiring continues to weigh on workers bargaining power. Selfin said, "We expect the Bank of England to keep interest rates unchanged at its meeting next week, and developments in the energy market are likely to play a greater role in shaping the interest rate outlook in the coming months."On July 21, Foreign Ministry Spokesperson Lin Jian held a regular press conference. In response to questions regarding China-EU trade and economic relations, Lin Jian stated that China has repeatedly clarified its position on related issues. China attaches great importance to the differences existing in China-EU trade and economic relations and has always believed that both sides can properly resolve them through dialogue, consultation, and policy interaction. These differences should not become obstacles to mutual trust and cooperation between China and the EU, nor should they be used as a basis for decoupling or breaking off trade chains, much less as an excuse for making unfounded accusations against China. The essence of China-EU trade and economic relations is mutual benefit and win-win cooperation. China has never deliberately pursued a trade surplus with Europe; the structure of China-EU trade is the result of a combination of factors, including international industrial division of labor and the comparative advantages of different countries. Lin Jian emphasized that protectionism has no future, and win-win cooperation is the right path.The chart shows that at 22:00 Beijing time on July 21, there will be large foreign exchange option orders for Euro, British Pound, Australian Dollar, Canadian Dollar, Japanese Yen, etc., expiring. There are 9 large orders with strike prices of over 1 billion. Please manage your risks.European Central Bank credit survey: Banks expect credit standards to tighten further across all loan categories in the third quarter.
