EUR/USD
1.17026
-0.094%
Gold
4701.99
0.283%
Oil
96.228
-0.768%
USD/JPY
157.943
0.042%
GBP/USD
1.35141
-0.066%
GBP/JPY
213.450
-0.022%
Real-time News
On May 14th, Lindsay James, investment strategist at UK wealth management firm Quilter, stated in a report that although UK first-quarter GDP growth exceeded expectations, this momentum may be unsustainable due to geopolitical pressures and domestic political tensions. Data shows that UK GDP grew by 0.6% in the first quarter, with only March showing a 0.3% increase, significantly better than the markets expected contraction of 0.2%. James stated, "A decent first-quarter figure may provide some buffer against the political situation, but higher energy costs and rising government bond yields point to a more challenging environment in the coming months."According to CNBC, US and EU lawmakers have pledged a European review of Paramounts deal with Warner Bros. Discovery Inc. (WBD.O).Emerging market stocks rose for the third consecutive trading day this week, with technology companies continuing their strong rally, supported by optimism about increased demand for AI-related hardware and services. The benchmark MSCI Emerging Markets Index rose 0.7%, bringing its monthly gain to over 7%. TSMC, Alibaba, and Samsung Electronics accounted for a combined 105% of the indexs gains, meaning that without their performance, the index would actually be down. Since early April, chipmakers have led the market rebound, with upwardly revised corporate earnings largely offsetting inflation concerns stemming from the Iran war. While the information technology sector rose 1.4% on Thursday, declines in sectors such as utilities, energy, and industrials highlighted a clear divergence between Asian technology stocks and other emerging market sectors.On May 14th, futures market news reported that mixed fuel prices led to divergent profit trends across different glass production lines. The average profit for production using three types of fuel rebounded by 2.47 yuan to -98.38 yuan/ton. According to Longzhong Informations production cost calculation model, from May 8th to May 14th this week, the average weekly profit for float glass using natural gas as fuel was -132.80 yuan/ton, an increase of 2.15 yuan/ton compared to the previous week; the average weekly profit for float glass using coal gas as fuel was -14.88 yuan/ton, a rebound of 15.25 yuan/ton compared to the previous week; and the average weekly profit for float glass using petroleum coke as fuel was -147.47 yuan/ton, a decrease of 10.00 yuan/ton compared to the previous week. The entire industry remains in a state of deep loss, constraining further declines in glass prices. These losses may also force some production lines to undergo cold repairs to facilitate industry consolidation.German government bonds continued to rise, with the 10-year yield falling 4 basis points to 3.06%.
