EUR/USD
1.15839
0.052%
Gold
4221.80
0.262%
Oil
82.809
-2.729%
USD/JPY
160.047
0.053%
GBP/USD
1.34197
0.031%
GBP/JPY
214.784
0.094%
Real-time News
The European Commission is providing €540 million in financial aid and support to help farmers address fertilizer issues.Barclays: Lowered its price target for Adobe (ADBE.O) from $275 to $250.Barclays raised its price target for Oracle (ORCL.N) from $240 to $250.According to the Wall Street Journal, SpaceX President Gwen Shotwell stated that SpaceX is very keen to maintain its vision of sending astronauts to Mars, even as the company begins to regularly disclose financial results and provide investors with updates.June 12th - Data from the Peoples Bank of China shows that loan interest rates remained low in May. The weighted average interest rate for newly issued corporate loans (domestic and foreign currencies) in May was approximately 3.0%, about 25 basis points lower than the same period last year. Data shows that since the second half of 2018, my country has lowered the reserve requirement ratio 18 times, providing sustained medium- and long-term liquidity to the market and playing a role in the banking system and financial markets. Compared to the high point since the beginning of this interest rate cut cycle in the second half of 2018, policy interest rates have been lowered 10 times, accumulating a reduction of 1.15 percentage points. Experts have stated that in recent years, measures such as rectifying banks irregular manual interest payment practices, guiding non-bank interbank demand deposit rates to follow policy interest rate adjustments, and supporting banks in stabilizing net interest margins have facilitated the transmission of interest rate policies. Overall, my countrys policy interest rates are effectively transmitted, and loan interest rates have remained stable with a slight downward trend, staying at a low level.
