EUR/USD
1.13914
0.048%
Gold
4033.50
0.124%
Oil
81.111
3.550%
USD/JPY
163.612
-0.151%
GBP/USD
1.32941
0.046%
GBP/JPY
217.511
-0.092%
Real-time News
British Prime Minister Burnham: There is unacceptable profiteering in the nursing sector. I believe there is still room for more work to be done in the nursing field within the current budget.On July 29th, Peter Kinsella of UBS stated in a report that the yens weakness is likely to continue, as the Bank of Japan is unlikely to make any major policy adjustments this Friday, nor will it signal an acceleration of its tightening pace. He noted that the yens real interest rate (adjusted for inflation) remains in negative territory. "Unless the Bank of Japan makes a strong commitment to a significant rate hike, even if it intends to push the yen higher, we cannot foresee any appreciation." He believes investors should anticipate more threats from Japanese authorities to intervene to support the yen, but these pronouncements often prove empty rhetoric.Market sources say Russia is preparing to extend its diesel export ban until August, but could lift it earlier if domestic supply conditions improve.On July 29th, Berenberg Bank analyst Andrew Wishart noted in a report that the Bank of England is likely to maintain its key interest rate at 3.75% on Thursday. However, the central bank may warn of a potential rate hike if energy prices rise sharply or a second round of inflation occurs. However, this warning does not necessarily mean a rate hike is highly probable. He stated that the mere threat of a rate hike, coupled with rising oil prices, would be enough to push up interest rate expectations and mortgage costs, thereby reducing the risk of inflation. Instead, Wishart believes the Bank of England may actually resume rate cuts in December, subsequently lowering the policy rate to 3.0% by mid-2027. He pointed out that wage and service sector inflation are trending downwards, and US President Trump will want to avoid rising oil prices as the midterm elections approach.Yemeni diplomatic missions: The Saudi-US attack on Iraq is a blatant violation of international law. Iraq and its people have the right to legitimately retaliate against this crime.
