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Gold
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Real-time News
Apple (AAPL.O) shares fell 0.4% in pre-market trading after the company announced that John Turner will become the next CEO, while Cook will continue to serve as executive chairman.European Central Bank Vice President Guindos: High market valuations and fiscal policy are among the risks to financial stability. The third risk relates to private lending.On April 21, Foreign Ministry Spokesperson Guo Jiakun hosted a regular press conference. The 82nd Annual Meeting of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) was held in Bangkok, Thailand. The Chinese delegation attended the meeting and announced Chinas willingness to host the 2027 Annual Meeting in Shanghai. Could the spokesperson provide some details? Guo Jiakun stated that ESCAP is the most important comprehensive economic and social development organization of the United Nations in the Asia-Pacific region, shouldering the important mission of promoting open, inclusive, and sustainable development in the Asia-Pacific. Vice Foreign Minister Ma Zhaoxu led the Chinese delegation to the meeting and delivered a speech in the general debate. Focusing on implementing the four global initiatives proposed by President Xi Jinping, he elaborated on Chinas position and propositions in four aspects: upholding multilateralism, promoting open cooperation, seizing digital opportunities, and promoting sustainable development, calling on all parties to further deepen Asia-Pacific cooperation and promote the building of an Asia-Pacific community. "Next year marks the 80th anniversary of the founding of ESCAP. China is willing to host the 2027 Annual Meeting in Shanghai, the birthplace of ESCAP. We look forward to taking this opportunity to reaffirm our original aspirations and missions with all members, deepen mutually beneficial cooperation, and make greater contributions to building an Asia-Pacific community," Guo Jiakun said.On April 21, Mohamad Elmasry, Professor of Media Studies at the Doha Institute, stated that relations between the United States and Iran have become "very precarious." He said, "A few days ago, a real opportunity for improvement arose when Trump asked the Iranians to open the Strait of Hormuz. It was at that moment that the US also had a chance to step down the ladder of escalation, but Trump did the opposite." He added that Trump "used this opportunity to declare victory because he wanted to show the American people that he had won and forced Iran to surrender." Elmasry stated that this was "a really significant miscalculation" by Trump, as this misstep has led to the current escalation of tensions. We still cannot be 100% certain whether the Iranians will appear in Pakistan for the second round of peace talks; I think they are very likely to go, but given everything that has happened in the past few days, the negotiations will now become much more difficult.Oil trader Gunvor: Oil demand fell by 1 million barrels per day in March and is expected to fall by 2.5 million barrels per day in April.
