EUR/USD
1.16398
0.296%
Gold
4553.87
1.013%
Oil
91.192
-4.277%
USD/JPY
158.857
-0.192%
GBP/USD
1.34810
0.309%
GBP/JPY
214.161
0.125%
Real-time News
1. According to Ukrainian media citing an Air Force spokesperson, Russia launched a Hazel missile at the Kyiv region of Ukraine. 2. The Russian Ministry of Defense stated that in response to Ukrainian attacks on Russian civilian infrastructure, the Russian military used multiple types of missiles, including Hazel, Iskander, Kinzhal, and Zircon, as well as attack drones, to strike Ukrainian military targets, excluding civilian infrastructure. 3. The Ukrainian Air Force stated that Russia used 600 drones and 90 missiles to attack Ukraine. 4. Ukrainian President Zelenskyy stated that the recent Russian attacks have injured at least 83 people, with others killed. 5. Leaders of several European countries condemned Russias use of the Hazel missile against Ukraine. 6. The Security Service of Ukraine (SBU) stated that its Alpha Special Operations Center attacked a fuel pumping station in Vladimir Oblast, Russia. 7. A Russian diplomat stated that recommendations have been drafted regarding the 27-point plan proposed by the US for resolving the Ukrainian crisis and are ready to be submitted. 8. EU High Representative for Foreign Affairs and Security Policy Karas: Next week, EU foreign ministers will discuss how to increase international pressure on Russia.The Shenzhou-23 astronaut crew successfully entered the "Tiangong" space station, marking the eighth "space reunion" of Chinese astronauts.On May 25th, Japanese financial regulators are urging domestic listed companies to allocate more of their cash reserves to long-term business investments, rather than rewarding shareholders through share buybacks and increased dividends. Tatsufumi Shibat, a senior official at the Financial Services Agency, stated in an interview that, in addition to cash, executives should consider using cross-shareholdings and real estate assets to promote growth. He pointed out that regardless of where Japanese companies are on their growth curve, they tend to prioritize shareholder returns. "I dont think investors would make that demand of companies in a rapid growth phase," he said in the interview. Shifting the vast wealth held by businesses and households to fund future expansion is one of the core pillars of Prime Minister Sanae Takaichis efforts to revitalize the Japanese economy. She has long criticized the cash reserves on corporate balance sheets.On May 25th, US Secretary of State Marco Rubio, who was visiting India, told the media on the 24th that a draft agreement between the US and Iran had gained the support of several Middle Eastern countries. Rubio said that seven to eight countries in the region currently support the draft, and the US is prepared to continue pushing it forward. Rubio also stated that nuclear negotiations are highly specialized, and "its impossible to settle a nuclear matter in 72 hours by writing it on the back of a napkin," but President Trumps commitment to preventing Iran from acquiring nuclear weapons should not be questioned. Earlier that day, Trump posted on social media that negotiations with Iran were "going in an orderly and constructive manner," and that he had informed US representatives that there was no need to rush into an agreement with Iran.On May 25th, European Central Bank (ECB) President Christine Lagarde stated that the ECB is likely to raise its inflation outlook when policymakers meet next month. She said on Sunday that the March forecast of 2.6% inflation this year "may be revised," adding that the situation "has changed" since then. Her comments confirm recent signals from policymakers, including Governing Council member Demarco. Demarco, in an interview, suggested that the forecast, released shortly after the outbreak of the Iran-Iraq conflict, might have been overly optimistic. Lagarde declined to elaborate on whether such a revision would lead to a rate hike by the ECB on June 11th. "The current situation is so uncertain that we must examine all available data, assess how the economy will develop in the coming quarters, determine whether action is needed, and what the medium-term impact will be," she said. "Our target is 2% in the medium term."
