EUR/USD
1.15438
0.078%
Gold
4090.25
0.465%
Oil
89.133
-1.268%
USD/JPY
160.560
0.006%
GBP/USD
1.33772
0.075%
GBP/JPY
214.789
0.081%
Real-time News
Market news: NEC, Anthropic, and Japanese financial institutions will collaborate on an artificial intelligence project.Futures Commentary by Everbright Futures: On June 10th, COMEX gold prices plummeted, approaching 4000 points, closing at $4094.1 per ounce, a drop of 4.49%. Domestic SHFE gold opened lower and continued to decline, breaking below 900 points, closing at 892.58 yuan per gram, a drop of 4.11%. 1. On Wednesday evening, data released by the U.S. Department of Labor showed that the U.S. Consumer Price Index (CPI) rose 4.2% year-on-year in May, the largest increase since April 2023, while the core CPI, excluding food and energy, rose 2.9% year-on-year. Although the CPI report suggested that the oil price shock had not yet spread to broader economic sectors, mainly remaining confined to the transportation industry, providing more justification for the Federal Reserve to keep interest rates unchanged until 2027, the market still bet on a Fed rate hike in October after the CPI data release, putting continued pressure on gold prices. 2. Geopolitically, Trumps dissatisfaction with the slow progress of US-Iran negotiations, threatening a "very strong" attack on Iranian infrastructure, has fueled renewed market concerns about a potential escalation of the conflict. This renewed geopolitical tension, coupled with expectations of a Fed rate hike, has dealt a double blow to gold, causing prices to fall rapidly again. However, the unusually weak performance of US stocks may force the Fed to be more cautious in its monetary policy rhetoric. With the Feds interest rate meeting next week, the market anticipates a hawkish stance that could further suppress gold prices. However, its also important to watch for unusual "buy the rumor, sell the fact" volatility in gold prices before and after the meeting.The Kuwaiti Civil Aviation Authority announced that flights suspended due to the Iranian attacks have resumed.June 11 – Peakfly Aviation announced today that its V2000CG Kerry-class aircraft has officially received its Validated Type Certificate (VTC) from the Indonesian Civil Aviation Authority (DGCA), becoming the worlds first eVTOL aircraft to receive overseas type approval. As the only eVTOL aircraft of tonnage and above to receive all three airworthiness certificates issued by the Civil Aviation Administration of China (CAAC), the V2000CGs acquisition of the Indonesian VTC indicates that its design meets both the airworthiness standards of its country of origin (China) and the airworthiness requirements of its importing country (Indonesia), providing the prerequisites for the V2000CG to commence commercial operations in the "Land of a Thousand Islands."Kuwait Airways: All flights are temporarily suspended today.
