EUR/USD
1.14922
-0.103%
Gold
5019.19
0.262%
Oil
96.813
3.851%
USD/JPY
159.189
0.074%
GBP/USD
1.33070
-0.092%
GBP/JPY
211.840
0.045%
Real-time News
Huya (HUYA.N) reported revenue of RMB 1.74 billion in the fourth quarter.March 17th - Due to ongoing supply disruptions caused by the war with Iran, U.S. diesel prices have surpassed $5 per gallon for the first time since December 2022, putting further pressure on many sectors of the worlds largest economy. According to the American Automobile Association (AAA), the national average retail price of diesel reached $5.044 per gallon on Monday. Diesel is the lifeblood of U.S. freight, agriculture, and construction, and the surge in retail prices will have repercussions across the entire economy. Since Persian Gulf refineries are the primary source of this fuel, its price increase has outpaced most other petroleum products. In some U.S. states, diesel prices have already exceeded the $5 mark. According to the U.S. Energy Information Administration, the price of heating oil used for home heating (which is essentially the same as diesel) has also climbed above $5. For Trump, the continued surge in fuel prices could put pressure on his prospects for the midterm elections later this year.Thailands National Planning Agency: Domestic diesel prices will gradually rise.March 17th - Gold prices rose slightly today, but have fallen more than 4% this week as energy prices continue to erode market expectations for further interest rate cuts. Soojin Kim, an analyst at MUFG Financial Group, said that while emergency oil reserve releases helped curb soaring prices, rising inflation risks have reduced market expectations for a Federal Reserve rate cut, and rising interest rates typically depress non-interest-bearing assets such as gold.Thailands National Planning Department: For every 1 baht increase in domestic diesel prices, GDP will decrease by 0.02%.
