EUR/USD
1.16168
0.071%
Gold
5126.44
0.873%
Oil
78.010
0.342%
USD/JPY
157.523
-0.017%
GBP/USD
1.33660
0.064%
GBP/JPY
210.550
0.064%
Real-time News
March 6 - Ukrainian President Volodymyr Zelenskyy stated at a briefing on March 5 that the "Friendship" oil pipeline, damaged in the Russian attacks at the end of January, may be technically ready to resume operation within a month and a half. Zelenskyy said he initially did not want to continue with the pipelines restoration, but in order to secure the approval of the EUs €90 billion loan package for Ukraine, the country "may have no other choice."Toyota will cut its domestic production in Japan for the Middle East market by 20,000 vehicles.March 6 – Khoon Goh, Head of Asia Research at ANZ Bank, stated that Asia is well-positioned to cope with rising oil prices. The region currently has a low inflation threshold, providing a buffer to absorb energy-related price increases. Economic growth momentum is also strong, driven by the semiconductor supercycle. Policymakers may take action to limit the depreciation of their currencies to prevent further risks of import-driven inflation.March 6 - According to local media reports, Tokyo Electric Power Company (TEPCO) began discharging contaminated water from the Fukushima Daiichi Nuclear Power Plant into the ocean at approximately 10:00 AM local time on March 6. This marks the 18th time the company has discharged contaminated water into the sea.March 6 - Following an alleged attack on a vessel by a Ukrainian unmanned surface vessel, Russian liquefied natural gas (LNG) carriers sanctioned by the United States are diverting routes to avoid the Mediterranean. Compiling tracking data, at least three tankers (approximately one-fifth of the total fleet of fuel vessels used to transport sanctioned Russian LNG exports) have already changed course or avoided the Mediterranean. Data shows a fourth vessel has ceased navigation after entering the area via the Suez Canal. This will further complicate Moscows efforts to expand exports and reduce its access to overseas funding. According to Moscow, earlier this month, the Arctic Metagaz, which was used to transport sanctioned Russian LNG, was attacked by Ukraine near Malta. The crew of the ship has been evacuated, but satellite imagery shows severe damage to the hull.
