Real-time News

Internal power struggles in Iran are threatening US-Iran peace talks, and international crude oil prices continue to fluctuate. A chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.

Spot gold and silver prices surged initially before trending lower. Can spot gold hold above the $4,000 mark? A chart provides a quick overview of pre-market prices for precious metals, both domestically and internationally.

July 1st - According to US sources, Mark Zandi, chief economist at Moody's Analytics, recently published an article stating that the US-Israel war against Iran has cost each American family an average of approximately $1,000. The article states that this $1,000 includes increased fuel costs due to rising oil prices, additional shopping and travel expenses due to rising prices, and the cost of the war incurred by the US government. Zandi emphasized that the $1,000 loss per family is a conservative estimate, and the actual cost to Americans in this war may be much higher.

Bank of Japan: Most companies submitted their responses before the US-Iran peace agreement was reached on June 15, so the impact of the agreement may not have been fully reflected in the Tankan survey results.

Bank of Japan: The business sentiment index for large non-manufacturing companies hit its highest level since August 1991.

Local media reported that an explosion occurred at the Salina Cruz refinery in Oaxaca, Mexico, injuring three workers. The workers were reportedly burned while performing maintenance work at the alkylation plant.

The China Earthquake Networks Center officially determined that a 5.2-magnitude earthquake occurred in Haixi Prefecture, Qinghai Province at 07:44 on July 1, with a focal depth of 10 kilometers.

July 1st - According to the Japan Meteorological Agency, a 5.1 magnitude earthquake struck northern Miyazaki Prefecture, Japan, at approximately 8:40 AM local time on July 1st. The strongest tremor was felt at an intensity of 4. There is currently no risk of a tsunami.

Futures News, July 1st - According to foreign media reports, Malaysian palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open lower on Wednesday morning, following the decline in external markets. International crude oil futures fluctuated lower on Tuesday as new supply increases with more ships leaving the Gulf region. During Wednesday's electronic trading session, crude oil futures fell further, coupled with a decline in Chicago soybean oil futures, which will drag down the early performance of Malaysian crude palm oil futures. Increased Malaysian palm oil production is also expected to put pressure on the market. However, Indonesia's upcoming implementation of its B50 biodiesel blending policy will tighten export supply, and strong Malaysian palm oil exports will provide potential support to the palm oil market.

According to the French automotive industry organization PFA, new car registrations in France in June increased by 11.37% year-on-year, reaching 188,787 vehicles.

Japan's Tankan large non-manufacturing business sentiment index for the second quarter was 37, below the expected 35 and the previous reading of 36.

According to the French automotive industry organization PFA, Tesla (TSLA.O) registrations in France increased by 104.99% in June.

July 1st, Futures News – According to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) closed sharply lower on Tuesday, with the benchmark contract down 2%, mainly reflecting the decline in crude oil futures and the unwinding of oilseed meal arbitrage opportunities. Traders said that the decline in international crude oil futures on Tuesday put pressure on the Chicago soybean oil market. Soybean oil is a major raw material for biodiesel production. Additionally, the unwinding of arbitrage opportunities involving buying soybean oil and selling soybean meal also weighed on the soybean oil market.

July 1st - According to Business Insider, sources familiar with the matter revealed that Microsoft (MSFT.O) is planning to announce layoffs soon to continue controlling costs. These layoffs will affect thousands of positions, including sales and consulting roles, as well as positions in the Xbox gaming division. It is understood that the scale of this round of layoffs will be smaller than a similar one last year. Sources indicated that the layoffs will be less than 2.5% of the company's total workforce of 220,000. One source stated that the company plans to announce the layoffs next week, but the exact timing may change. Some affected employees will immediately receive new job offers. In previous years, Microsoft has sometimes laid off employees at the start of the new fiscal year on July 1st. Last May, the company cut 6,000 jobs, and in July, it cut another 9,000 employees. These plans highlight Microsoft's efforts to control costs while increasing its investment in artificial intelligence.

According to Business Insider, Microsoft (MSFT.O) will lay off less than 2.5% of its total workforce.

According to Business Insider, Microsoft (MSFT.O) plans to announce layoffs next week.

Market news: Microsoft (MSFT.O) plans a new round of layoffs, affecting thousands of jobs.

July 1st - According to the Financial Times, Apple CEO Tim Cook and EU technology chief Hena Virkkunen held "constructive" talks on Tuesday, aiming to ease the heated dispute surrounding Apple's newly launched "Siri AI" technology. An EU spokesperson stated that the online meeting involved "constructive exchanges on issues of common concern, and related work is ongoing." Two people familiar with the negotiations said the meeting discussed how Apple could launch the revamped Siri in Europe while avoiding millions of dollars in fines for violating the EU's main competition rules.

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