EUR/USD
1.15757
-0.019%
Gold
4222.28
0.273%
Oil
82.902
-2.619%
USD/JPY
160.205
0.152%
GBP/USD
1.34147
-0.006%
GBP/JPY
214.927
0.161%
Real-time News
Tesla (TSLA.O) shares fell as much as 2.2% after SpaceX (SPCX.O) began trading.On June 12, SpaceX (SPCX.O) opened at $150 on its first day of trading on the US stock market. Its IPO price was $135 per share, giving it a market capitalization of $2 trillion and making Elon Musk the worlds first billionaire.Meta Platforms (META.O): (Facebook) may take some time to fully recover.According to CNBC: The SpaceX (SPCX.O) deal will begin in five minutes.On June 12, European Central Bank (ECB) Governing Council member Catherine Kazmir stated that the spread of inflation throughout the economy will force the ECB to further raise interest rates. He believes that without intervention, price pressures will not ease. He indicated that even if the US and Iran reach a peace agreement, inflation is unlikely to fall back to 2% overnight. Despite the economic slowdown, its resilience remains, providing officials with room for maneuver. Kazmir stated, "Our task is not yet complete, and it is too early to discuss whether policy needs to become more restrictive. However, given that price pressures are spreading throughout the economy, I certainly would not rule out that possibility." He added, "The June inflation data—especially the core inflation rate—could be decisive, but the situation in July is still uncertain, and of course, we will have new forecasts in September. The important thing is to make decisions at each meeting."
