EUR/USD
1.15625
0.008%
Gold
3395.22
0.297%
Oil
70.733
1.018%
USD/JPY
144.533
-0.149%
GBP/USD
1.35741
-0.027%
GBP/JPY
196.196
-0.132%
Real-time News
On June 17, Yamato published a research report, believing that the intelligent robot company UBTECH (09880.HK) has cutting-edge technology and a strong market leadership in the field of industrial humanoid robots. It gave UBTECH a "buy" rating for the first time, with a target price of HK$114, based on a forecast of an average price-to-sales ratio of 19 times from 2025 to 2026, which is similar to its average since its listing in 2024. However, due to multiple rounds of equity financing, its valuation is at a substantial discount of 50% compared to its peers. Yamato predicts that even if UBTECH continues to record losses from 2025 to 2027, its revenue compound annual growth rate from 2024 to 2027 is expected to be about 70%, which is close to the industry leader.On June 17, the U.S. Department of Homeland Security told its staff that it would revoke guidance issued last week that required law enforcement officials not to conduct immigration raids on farms, hotels and restaurants. Two people familiar with the matter said that officials from the U.S. Immigration and Customs Enforcement (ICE) and its Homeland Security Investigations division informed DHS leaders in a conference call on the 16th that law enforcement officers must continue to conduct immigration raids on agricultural businesses, hotels and restaurants.Futures June 17, Economies.com analysts latest view today: Brent crude oil futures closed higher during the day, and the technical side released multiple bullish signals. As of the close, oil prices fluctuated upward with the support of the 50-day exponential moving average (EMA50), and the short-term main trend line and the upward trend line formed a double channel. The relative strength index (RSI) turned upward from the oversold area, forming a positive resonance with the price trend, indicating that the short pressure is weakening and the long force is gradually increasing. At the same time, as its trading remains above the 50-day moving average, it further enhances the positive momentum around it. The current oil price is testing the key resistance level of $74.70.Futures News on June 17, Economies.com analysts latest view today: WTI crude oil futures continued to rise during the day, and the technical side showed that the short-term bullish pattern was stable. Oil prices fluctuated upward with the support of the 50-day exponential moving average (EMA50), and the main trend line and the secondary trend line formed a double upward channel. The bullish arrangement of the moving average system further strengthened the upward momentum. Previously, oil prices rebounded strongly after forming the "rising low" technical pattern, which built a short-term bottom support. At the same time, the relative strength index (RSI) turned upward from the oversold area, sending a bullish signal. The simultaneous repair of technical indicators and price trends provided technical endorsement for the subsequent rise.Futures June 17, Economies.com analysts latest view today: Gold prices continued to rebound in intraday trading, and technical indicators showed that short-term bullish signals were gradually strengthened. Gold prices stabilized above the 50-day exponential moving average (EMA50), which continued to provide support. At the same time, the short-term moving average system showed a bullish arrangement, resonating with the upward trend line, pushing technical indicators to maintain positive momentum. It is worth noting that the relative strength index (RSI) and price trends showed initial bottom divergence signals. Previously, the RSI had fallen to the oversold area, but the gold price did not hit a new low. The positive crossover of technical indicators suggested that the short-term momentum may be exhausted.
