EUR/USD
1.13913
0.098%
Gold
4013.82
0.323%
Oil
79.226
1.839%
USD/JPY
162.300
-0.090%
GBP/USD
1.33586
0.097%
GBP/JPY
216.815
0.001%
Real-time News
According to the Financial Times: As Brexit affects Gibraltar, starting this week, British citizens flying from the UK to Gibraltar will have to go through the EUs controversial new electronic border system.July 14th - According to foreign media reports, ahead of escalating tensions and the US announcement of a renewed blockade of Iranian ports, Iran has begun secretly transporting oil tankers through the Strait of Hormuz in recent days. Ship tracking data shows that six Very Large Crude Carriers (VLCCs) sanctioned by the US transited the Strait of Hormuz into the Gulf of Oman in the past week, with their Automatic Identification System (AIS) transponders turned off. These six tankers can collectively carry 12 million barrels of crude oil. These vessels, along with other ships linked to Iran, completed their voyages after the US revoked its temporary permit for Iranian crude oil sales on July 7th. In addition to the aforementioned six Iranian VLCCs, numerous other ships sanctioned by the US and linked to Tehran have also departed the Strait of Hormuz since July 7th. These vessels are part of the 57 million barrels of crude oil that Iran successfully exported between two rounds of US naval blockades.On July 14th, futures market news reported that yesterday, as tensions escalated, including the US continuing its attacks on Iran and reimposing a blockade on Iranian oil exports, oil prices surged. Currently, WTI crude oil has rebounded to around $80 per barrel, and Brent crude has climbed back above $85 per barrel, showing significant gains. Zhuochuang Information predicts that continued attention will be paid to the consequences of the renewed US-Iran attacks. Against the backdrop of heightened tensions, crude oil prices are generally expected to remain strong, but the possibility of Trump resuming peace talks also needs to be monitored. If talks are initiated, oil prices will likely fall rapidly. Therefore, overall volatility is expected to be high.According to the Jordanian state news agency, Jordan intercepted and shot down four missiles that entered Jordanian airspace from Iranian territory.July 14th - A new type of leveraged ETF tracking major South Korean chip stocks is experiencing a sharp decline, posing a significant risk of substantial losses for South Korean retail investors who prefer to leverage such instruments for amplified returns. According to data compiled by foreign media, since their listing at the end of May, the prices of more than ten leveraged ETFs tracking Samsung Electronics and SK Hynix have nearly halved. Among them, the largest, the KODEX SK Hynix Single Stock Leveraged ETF with $3.4 billion in assets under management, has fallen by approximately 45% since its listing and more than 60% from its June high. Jung In Yun, CEO of Fibonacci Asset Management, stated, "The sharp decline in these leveraged ETFs is particularly devastating for retail investors, as many seem to view them as long-term investments rather than short-term trading tools. These massive losses could weaken retail investors willingness and ability to buy semiconductor stocks, making the markets future recovery more reliant on inflows of foreign institutional funds."
