EUR/USD
1.14066
-0.076%
Gold
4056.75
-1.255%
Oil
73.919
3.424%
USD/JPY
162.146
0.258%
GBP/USD
1.33825
-0.114%
GBP/JPY
216.997
0.144%
Real-time News
Fast Retailing (06288.HK) fell further to 4%, currently trading at HK$388.58.A survey conducted from July 3rd to 8th revealed that economists believe the Eurozones economic growth this year is expected to be weaker than previously forecast following the resumption of conflict in the Middle East. The median forecast from 56 economists shows respondents lowered their 2026 Eurozone economic growth expectation to 0.5%, down from 0.7% projected last month and also below the European Central Banks baseline scenario of 0.8%. Economists also lowered their 2028 economic growth forecasts but maintained their growth forecasts for next year. They expect a median inflation rate of 2.8% this year, slightly lower than last month due to a sharp drop in oil prices, but still well above the ECBs 2% target. Respondents expect the ECB to raise interest rates again in September, with the first rate cut anticipated in September 2027.July 13th - Economists are beginning to better understand the impact of artificial intelligence on the consumer sector. HSBC Global Economist James Pomeroy stated that the free nature of AI tools for personal use is generating a significant consumer surplus, saving users both cost and time. Data shows that by early 2026, the US consumer surplus generated by AI will reach approximately $172 billion, an increase from approximately $116 billion six months prior. This surplus could reach $250 billion in 2027, representing 0.8% of US GDP, or 1.5% of US consumer spending in a more meaningful sense.The chart shows that at 22:00 Beijing time on July 13, there will be large foreign exchange option orders for Euro, British Pound, Japanese Yen, and Canadian Dollar, including 5 large orders with strike prices exceeding 1 billion. Please manage your risks.Sunac China (01918.HK) fell more than 6% in the afternoon, with its share price hitting a new all-time low.
