EUR/USD
1.13943
0.074%
Gold
4027.87
-0.016%
Oil
81.562
4.126%
USD/JPY
163.692
-0.103%
GBP/USD
1.32931
0.038%
GBP/JPY
217.601
-0.051%
Real-time News
SK Hynix fell by 10%.Rio Tinto (RIO.N) CEO: Considering how best to achieve profitability at the Kennecott copper smelter in the United States.New A-share IPO N Qianan saw its share price surge by 167%, triggering a temporary trading halt, with turnover exceeding 460 million yuan.July 29th - Lower-than-expected inflation in Australia in June eased pressure on the Reserve Bank of Australia (RBA) to adjust policy in the near term, giving it more room to continue assessing the economic outlook. Following the data release, the Australian dollar and Australian bond yields fell. The RBA raised interest rates at its first three meetings this year in an attempt to curb inflationary pressures that had already emerged before the global energy shock triggered by the Iraq War. Wednesdays CPI figures suggest that despite persistently high prices, the RBA is unlikely to need to tighten monetary policy again on August 11th, when it will also release updated quarterly forecasts.July 29th - Lloyd Chan, senior foreign exchange analyst at MUFG Bank, stated in a research report that the US dollar is likely to receive support if the Federal Reserves FOMC maintains interest rates at their current level in a "tight" stance. Our baseline scenario is a tighter stance with rates unchanged, in which the Fed is likely to keep rates unchanged and emphasize that inflation risks remain high. This could support US Treasury yields and the dollar, thus exerting a broad drag on Asian forex markets. If the Fed continues to emphasize its policy stance of maintaining high interest rates for an extended period, the risk balance will still tilt towards the dollar remaining resilient.
