EUR/USD
1.16012
-0.207%
Gold
4388.36
-1.522%
Oil
90.120
1.992%
USD/JPY
159.540
0.017%
GBP/USD
1.33943
-0.245%
GBP/JPY
213.697
-0.221%
Real-time News
May 28th, Futures News: Economies.com analysts latest view: Spot gold prices fell in recent trading after breaking below the key support level of $4,500 yesterday. Selling pressure persisted, with prices briefly dipping to near the $4,400 support level before a limited rebound, benefiting from improved momentum and easing of oversold conditions in the Relative Strength Index (RSI). Despite the brief rebound, the continued short-term downtrend and renewed downward pressure, coupled with gold prices remaining below the EMA50, limited any further short-term rebound opportunities.May 28th, Futures News: Economies.com analysts latest view: WTI crude oil futures prices rose slightly, stabilizing near the $88 support level, which was our target price set in previous analysis. This provided some upward momentum, helping to recover some recent losses and temporarily restore balance. Crude oil prices are also attempting to alleviate the clearly oversold condition on the Relative Strength Index (RSI), especially with positive signals beginning to emerge. However, due to the strong downward correction wave dominating in the short term, with oil prices remaining below the 50-day moving average, downward pressure persists, and the possibility of a strong rebound in the short term is limited.On May 28, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held a symposium with US strategic and business leaders on the sidelines of the UN Security Council high-level meeting in New York on May 27. Wang Yi stated that the historic meeting between the Chinese and US heads of state in Beijing involved frank, in-depth, constructive, and strategic communication on major issues concerning China-US relations and world peace and development, reaching a series of important consensuses. Both sides agreed to define a "constructive strategic and stable relationship between China and the US" as the new positioning of bilateral relations, hoping to make efforts towards a direction of cooperation as the main focus, moderate competition, controllable differences, and a promising future of peace, jointly exploring the correct way for major powers to coexist in the new era. Wang Yi emphasized that "Taiwan independence" is incompatible with peace and stability across the Taiwan Strait. Only by adhering to the one-China principle and the spirit of the three China-US joint communiqués can peace across the Taiwan Strait be guaranteed and conflict and confrontation avoided. Wang Yi stated that China is willing to work with the US to implement the important consensus reached by the two heads of state and take concrete actions to ensure the "constructive strategic and stable relationship" is implemented as soon as possible. He hoped that everyone present would make positive efforts in this regard and promote a broader social consensus.On May 28, local time, on the 27th, Bagheri, Deputy Secretary of Irans Supreme National Security Council, stated that Iran is seeking the release of all Iranian assets frozen by the United States, saying, "This is the legitimate right of the Iranian people." He also emphasized that Iranian assets must be returned to Iran "fully and unconditionally."On May 28th, the fourth batch of land auctions in Shanghai for 2026 was held. According to the Shanghai Municipal Planning and Natural Resources Bureau, the HK306-08 residential land parcel in Jiaxing Road Subdistrict, Hongkou District, was among the successful bids. The parcel is bounded by Taipingqiao Branch Road to the east, planned green space to the south and west, and Linping Road to the north. It has an area of 7,115.32 square meters, a building area of 17,800 square meters, and a building height limit of 80 meters. On the same day, 12 bidders registered for the HK306-08 residential land parcel. The starting price was 1.42 billion yuan, with a starting floor price of approximately 80,000 yuan per square meter. After 63 rounds of bidding, the total transaction price reached 1.93 billion yuan, with a floor price of approximately 109,000 yuan per square meter and a premium rate of 35.63%. The winning bidder was Shanghai Chengtou Real Estate (Group) Co., Ltd.
