EUR/USD
1.17685
-0.115%
Gold
4854.42
1.329%
Oil
82.946
-7.452%
USD/JPY
158.556
-0.368%
GBP/USD
1.35187
-0.057%
GBP/JPY
214.355
-0.412%
Real-time News
April 19th - The US-Iran conflict caused a temporary setback in gold prices, but looking at the long term, golds luster remains undiminished. At the "2026 Market Outlook Forum" recently hosted by the London Stock Exchange Group (LSEG), economist Hong Hao stated that the recent decline in gold prices was not due to deteriorating fundamentals, but rather because it has "completed its historical mission for a certain period." Hong Hao analyzed that the lower the credit rating and the higher the yield of US Treasury bonds, the higher the gold price will be one year later. Holding 10-year US Treasury bonds for one year could result in a loss of nearly 10%, which is a very unfavorable trade; in contrast, fundamental logic, narrative logic, and data models all point to a higher gold price, with a doubling in the future being a certainty. Despite the significant short-term correction in gold prices, he remains optimistic about its long-term prospects.Bangladeshs Ministry of Energy announced Saturday evening that it has raised retail fuel prices by 10% to 15% due to soaring global crude oil prices and supply shortages caused by the ongoing conflict in the Middle East. The official notice indicates that under the new prices, gasoline will increase from 116 taka per liter to 135 taka (approximately US$1.10), diesel will remain at 115 taka per liter, and kerosene will cost 130 taka per liter. Bangladesh heavily relies on imported fuel, and the rising fuel costs are putting pressure on the South Asian nations already strained foreign exchange reserves.April 19th - According to analysis firm Kpler, since the outbreak of the war with Iran in late February, the global market has lost more than 500 million barrels of crude oil and condensate, making it the largest energy supply disruption in modern history. During the conflict, the average price of crude oil was around $100 per barrel. Analysts and Reuters calculations indicate that the lost production is worth over $50 billion, and this loss could last for months or even years.Iranian Deputy Foreign Minister: We exchanged information with the United States, but the United States insisted on making excessive demands.Iranian Deputy Foreign Minister: As part of the negotiations, new instructions will be issued regarding the Strait of Hormuz issue.
