Real-time News

JPMorgan Chase raised its target price for Applied Materials (AMAT.O) from $515 to $660.

Japan's Ministry of Finance: Japan's top foreign exchange official will meet with his South Korean counterpart in Tokyo on August 21.

Germany's wholesale price index rose 0.2% month-on-month in July, compared with a previous reading of -0.7%.

Germany's wholesale price index rose 5.3% year-on-year in July, down from 4.9% in the previous month.

August 14th - According to foreign media citing three sources familiar with the Bank of Japan's policy thinking, the Bank of Japan may raise interest rates as early as September and is considering a more aggressive rate hike path than the current pace of approximately two rate hikes per year. This move would reflect the Bank of Japan's growing concerns about price pressures stemming from multiple factors, including the impact of the Middle East conflict, strong global demand for artificial intelligence, and the continued weakening of the yen despite the rare joint intervention in the foreign exchange market by Japan and the United States last month. One source stated, "An earlier rate hike is already in sight." This means the Bank of Japan is likely to raise rates at its next policy meeting on September 17-18. The source added, "The Bank of Japan may also accelerate the pace of rate hikes." Another source expressed a similar view.

The yield on Japan's 2-year government bonds rose 0.5 basis points to 1.650%, while the yield on Japan's 5-year government bonds rose 1.5 basis points to 2.135%.

According to Interfax news agency, the Russian Ministry of Defense stated that it attacked two escort ships that were transporting weapons to Ukraine.

According to Interfax news agency, the Russian Ministry of Defense stated that it has attacked a railway station in the port of Izmail, Ukraine, used for transporting military supplies.

Local officials said that “all circumstances” following the drone attack on the port of Uster-Luga in Russia’s Leningrad Oblast have been dealt with.

On August 14th, Futures News reported that a new heatwave hit, with people in the UK, France, Italy, and Spain experiencing extreme heat on the 13th. It is estimated that over 135 million people in Europe were affected by temperatures above 35 degrees Celsius that day. According to French reports, temperatures in some parts of France soared above 42 degrees Celsius. The French meteorological service recorded a temperature of 42.5 degrees Celsius in Châteauneuf-du-Yan in central France, the highest temperature recorded in France that day; the temperature in the capital, Paris, also reached 38 degrees Celsius. Heatwave warnings were issued for most of France that day, with temperatures reaching 41 degrees Celsius in many areas, from the Aquitaine region in the southwest to the Rhône Valley in the east.

According to Interfax news agency, a warehouse belonging to Wildberries, an online retailer in Russia’s Tver region, was damaged in a drone attack.

Musk: Try Grok 4.6's image and video understanding features; it's a major upgrade.

The yield on Japan's 5-year government bond rose 0.5 basis points to 2.125%.

On August 14th, in accordance with the "National Natural Disaster Relief Emergency Plan," the National Disaster Prevention, Mitigation and Relief Committee activated a Level IV national emergency response for disaster relief in response to the severe impact of the remnants of Typhoon Dolphin (No. 13 of this year) and heavy rainfall on Henan Province. The previously dispatched disaster relief working group continued to assess the disaster situation in the affected areas and guide and assist local authorities in disaster assessment, relocation and resettlement of affected people, and basic living security. On the same day, the Office of the National Disaster Prevention, Mitigation and Relief Committee and the Ministry of Emergency Management, in response to the recent continuous torrential rains and floods in Zhoukou and Xuchang, Henan Province, allocated 30,000 pieces of central disaster relief supplies, including folding beds, mattresses, blankets, summer quilts, summer clothing, and family emergency kits, in conjunction with the National Food and Strategic Reserves Administration, to support Henan Province in its resettlement and relief efforts for affected people.

Indonesian President: Danantara Sumberdaya will strengthen oversight of strategic commodity exports at 50 ports.