EUR/USD
1.16541
0.017%
Gold
4633.98
0.860%
Oil
81.185
-0.303%
USD/JPY
159.343
0.031%
GBP/USD
1.35895
-0.049%
GBP/JPY
216.526
-0.029%
Real-time News
Gold prices rose slightly on Thursday, August 27th, as concerns about currency devaluation persisted and market attention turned to Federal Reserve Chairman Warshs highly anticipated speech this week. Kelvin Wong, senior market analyst at OANDA, stated that the narrative of a depreciating dollar, coupled with concerns about the US budget deficit, continues to support gold in the medium term. The US Treasurys announcement of expanding its purchases of older, long-term bonds triggered dollar devaluation concerns, causing gold prices to rise by more than 5% last week. Wong added, "The market is waiting for Warshs speech to gain a clearer understanding of how the Fed will respond to the current economic situation. If he doesnt provide specific forward-looking monetary policy guidance, then the markets current pricing in interest rate hikes is likely to remain largely unchanged." Geopolitically, the Qatari Prime Minister will visit Tehran to resume diplomatic mediation. The US and Iran have previously exchanged accusations, with the focus of the dispute being Washingtons commitment to increase economic pressure on Tehran through sanctions against Irans trading partners.On August 27th, Qunhe Technology, one of the "Six Little Dragons of Hangzhou," officially released its independently developed 3D generative model, Lux3D, offering both standard and express versions. Users can quickly generate 3D assets in various forms, including meshes, materials, and 3D Gaussian textures, simply by uploading an image or entering text. Material rendering is reportedly a core highlight of this version. In express mode, a single model can be generated in as little as 20 seconds, and it supports integration into AI coding and 3D modeling tools via Harness mode, solving the challenge of batch 3D content generation.The Governor of the Bank of Korea stated that the impact of consecutive interest rate hikes will be assessed before the next interest rate adjustment.The governor of the Bank of Korea said the six-month dot plot shows a median interest rate of 3.25%, suggesting a gradual increase in interest rates.The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake occurred at 10:34 a.m. on August 27 in Gao County, Yibin City, Sichuan Province (28.52 degrees north latitude, 104.67 degrees east longitude), with a focal depth of 8 kilometers.
