EUR/USD 1.13861

USD/JPY 161.750

GBP/USD 1.32004

GBP/JPY 213.521

English
简体中文
繁體中文
Tiếng Việt
ไทย
Indonesia

Subscribe

Real-time News

On June 29th, Kiwibank Chief Economist Jarrod Kerr stated that despite the renewed conflict in the Middle East over the weekend, the New Zealand market generally believes a peace agreement is highly likely. With oil prices falling to pre-war levels, demand appears poised for a rebound. He added that while the New Zealand economy has been hit, it has not completely collapsed. The oil crisis has slowed the pace of economic recovery, enough to damage demand, but it has not completely derailed economic activity. Kerr pointed out that the Reserve Bank of New Zealand has strong reasons to maintain interest rates at its July policy meeting.June 29th, Futures News: With the impact of geopolitical conflicts waning and crude oil gradually returning to a normal supply and demand balance, oil prices have continued to decline. Fuel oil cost transmission has dampened market confidence, leading to cautious and low-level procurement, and a growing bearish sentiment in the market. From a supply and demand perspective, concentrated maintenance shutdowns at local refineries have reshaped the short-term supply and demand pattern for fuel oil. After mixed price movements, most products are in oversupply, offering little support for price increases. While refinery deep processing has seen some recovery, it remains unprofitable, negatively impacting downstream processing activity. Based on these multiple factors, fuel oil trading is expected to be more likely to decline this week, with prices remaining in a downward trend.The Hang Seng Index rose more than 1% in early trading, with Baidu (09888.HK) leading the gains among constituent stocks, rising over 6%. The Hang Seng Tech Index is currently up 2.88%.On June 29th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.4260%, and the lowest was 0.7270%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0280%, and the lowest was 1.0050%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0350%, and the lowest was 1.0050%.The Hang Seng Tech Index rose rapidly to 2% in early trading, with Horizon Robotics (09660.HK) leading the gains among its constituent stocks.