EUR/USD
1.08721
0.052%
Gold
2416.29
1.670%
Oil
79.487
0.796%
USD/JPY
155.669
0.178%
GBP/USD
1.27061
0.286%
GBP/JPY
197.801
0.470%
Real-time News
[The Federal Reserve may compromise on the banks capital increase plan] According to the Wall Street Journal, the Federal Reserve requires banks to hold more capital. However, JPMorgan Chase CEO Dimon and other major bank CEOs have taken a tough stance on the proposal, and now it seems that their strategy may have worked. According to people familiar with the matter, the Federal Reserve and two other federal regulators are developing a new plan that will significantly relax the capital increase requirements of large US banks by nearly 20%. The capital increase requirements are intended to ensure that large banks have enough buffers to absorb potential losses, and the new plan may be only half of the original plan. This is a major victory for banks. The banks said that the originally proposed rules would lead to a decline in profits and restrict lending. This also represents a shift in the balance of power between large US banks and regulators, ending the era when the Federal Reserve had the upper hand.[The Israeli army continues to launch military operations against Rafah, and a large number of Gazans are forced to stay in Mawasi] Recently, the Israeli army has continued to launch military operations against the southern city of Rafah in the Gaza Strip, and a large number of Gazans have been forced to embark on the road of escape again, heading to the so-called "humanitarian zone" in the southwest of the Gaza Strip - Mawasi. On May 19, many displaced people were stranded in the northwest of Mawasi. They said that there was almost no drinking water and no public health facilities. Mawasi is located on the western coast of Khan Yunis, about 12 kilometers long and 1 kilometer wide, with an area equivalent to 4% of the entire Gaza Strip. Previously, it was just a coastal desert with about 9,000 residents, but now it has accommodated hundreds of thousands of displaced people.Russian Ministry of Defense: 103 drones and 12 ATACMS missiles shot down in the past 24 hours.[Japans gold retail price hits record high for 4 consecutive days, platinum price soars nearly 16% in one month] This week, Japans domestic gold retail price hit a record high for 4 consecutive days, and platinum and silver prices are also rising rapidly. Data shows that the price of platinum in Japan has reached 6,040 yen (about 280.9 yuan) per gram on Saturday, an increase of nearly 16% in one month. In addition, Japans platinum futures transaction price also hit an 11-year high this week. Relevant surveys show that in the past two years, global platinum has been in a state of supply shortage, and its price is expected to rise further in the future, which will further push up the domestic platinum transaction price in Japan.[Indias diamond imports from Russia more than doubled in March 2024] According to data from the Indian Ministry of Commerce and Industry, Indias diamond imports from Russia in March this year increased by 1.3 times year-on-year to 728,000 carats.
