EUR/USD
1.14260
0.050%
Gold
4027.02
-0.634%
Oil
78.979
-0.217%
USD/JPY
162.265
0.002%
GBP/USD
1.34001
0.072%
GBP/JPY
217.442
0.073%
Real-time News
Gold prices retreated on Wednesday after rising more than 2% in the previous trading session. Investors digested weaker-than-expected US inflation data while continuing to assess the risks posed by the Iran war and its impact on energy prices. An analyst at MUFG Financial Group stated, "Falling gasoline prices helped ease inflationary pressures, prompting investors to reduce their bets on further monetary policy tightening, thus supporting the gold price rebound." However, the analyst pointed out that renewed tensions between the US and Iran, along with rising oil prices, could still increase inflation risks. Meanwhile, Federal Reserve Chairman Warsh reiterated that further monetary policy tightening remains an option if price pressures persist.On July 15th, Zou Lan, Vice Governor of the Peoples Bank of China (PBOC), stated at a press conference held by the State Council Information Office that in recent years, the RMB has been used more extensively in cross-border trade and investment financing, and the demand for RMB financing from overseas entities has increased. In the first half of 2026, Panda bond issuance exceeded RMB 160 billion, representing a year-on-year increase of over 60%. In terms of issuers, more and more internationally renowned institutions are participating in the Panda bond market; in terms of investors, Panda bonds have gained widespread recognition from domestic investors such as commercial banks, funds, and wealth management products. The PBOC will continue to steadily promote the high-quality development of the Panda bond market and facilitate the participation of overseas institutions in the issuance and trading of domestic Panda bonds.On July 15th, Zou Lan, Vice Governor of the Peoples Bank of China (PBOC), stated at a press conference held by the State Council Information Office that the PBOC has a rich toolbox in terms of quantity, including reserve requirements, reverse repos, medium-term lending facilities (MLF), and treasury bond trading. Reserve requirement ratio (RRR) cuts primarily focus on injecting long-term liquidity, while reverse repos and MLF focus on injecting short- to medium-term liquidity. The PBOC will appropriately select and rationally combine these tools according to liquidity management needs.On July 15, Zou Lan, spokesperson and vice governor of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that the Peoples Bank of China will implement a series of structural monetary policy measures introduced at the beginning of the year, continuously improve the design and management of tools, and, when necessary, increase the quota of tools according to market demand, optimize policy elements, and strengthen support for key areas such as expanding domestic demand, technological innovation, and small and micro enterprises.ASML CFO: The number of high numerical aperture devices shipped globally is only in the single digits, a low level.
