Follow our real-time news and get the real-time Forex news and headline news of the global financial market. Stay connected to our news reminders, trending articles and expert analysis.
According to Tasnim News Agency, a senior Iranian security official stated that Iran considers the potential US and Israeli plans to attack Iranian infrastructure to be a reckless act. Iran has developed a comprehensive plan that includes targeting critical Israeli infrastructure, as well as US energy infrastructure in the region.
August 1st - According to Nikkei, the yen strengthened rapidly against the dollar in the New York foreign exchange market on the 31st, rising to around 157 yen to the dollar at one point. This marked the second consecutive day that the Japanese government and the Bank of Japan intervened in the exchange rate by buying yen, following interventions on the 30th.
Google (GOOG.O): Gemini Spark is rolling out to Google AI Pro users outside the United States.
August 1st - According to CBS News, citing multiple sources, the United States and Israel are planning "one of the most intense bombing campaigns to date" against Iranian energy infrastructure, potentially targeting power plants and oil refineries, with the operation possibly lasting throughout the weekend. Sources say Israel has been notified and is coordinating with the US, but Trump has not yet issued final approval. The report notes that the plan was proposed at Trump's cabinet meeting at Camp David on Friday, and some White House political aides strongly opposed it, fearing the operation could impact the US and global economy. Trump stated, "We're going to hit them very hard." The US has also discussed cutting off Tehran's power supply, but no decision has been made. Previously, Trump stated that for every attack on ships in the Strait of Hormuz, the US would bomb an Iranian bridge or power plant. If this operation is carried out, it would mean Israel has resumed military operations that were previously suspended due to a US-mediated ceasefire.
August 1st - According to Iran's Tasnim News Agency, the Houthi rebels in Yemen stated that, in order to implement their strategy of "blockade against blockade," eight Saudi oil tankers have been forced to change course and circle the Cape of Good Hope after maritime restrictions were imposed on them. The Houthis stated that the blockade against Saudi Arabia will continue and warned that they will take action against relevant vessels within their capabilities. The Houthis also stated that they will continue to push for the lifting of the blockade on Yemen and to protect their own interests.
The U.S. military stated that as of July 31, Central Command had altered the routes of 30 merchant ships, rendered two ships inoperable, and boarded and inspected two more.
August 1st - According to the New York Times, Federal Reserve Chairman Warsh is reportedly considering reducing the number of the Fed's regular interest rate decision meetings. This move could cause a major upheaval and mark the most significant change in the Fed's operations in recent years. Currently, the Fed's 12-member Federal Open Market Committee (FOMC) meets eight times a year to vote on whether to raise, lower, or maintain borrowing costs. According to four sources familiar with the matter, Warsh proposed adjusting the meeting frequency at this week's Fed meeting. These sources also revealed that at this week's meeting, Warsh discussed the legal basis for the minimum number of meetings the Fed must hold annually, and the timeline for such adjustments. Reportedly, Warsh requested that officials provide feedback to him, rather than having a comprehensive discussion of the meeting schedule at this week's meeting.
The Houthi rebels in Yemen: The blockade of Saudi Arabia will continue. The armed forces will intercept their ships wherever possible, as long as conditions permit.
According to the New York Times, Federal Reserve Chairman Warsh is considering reducing the frequency of the Fed's policy meetings.
U.S. stocks closed higher on Friday, boosted by strong quarterly earnings from Amazon (AMZN.O). The tech giant's robust earnings report bolstered investor confidence in artificial intelligence-related stocks, while Apple (AAPL.O) saw its shares decline after disappointing earnings. Amazon's shares surged more than 15% after reporting its biggest quarterly revenue increase in over four years. Its earnings, along with a similar report from Microsoft on Wednesday, eased investor concerns about potential overspending on AI data centers. This month, concerns that massive investments in AI infrastructure might take too long to show results have shaken global markets and raised questions about the core companies of Wall Street's recent rally. "There were concerns that Amazon's spending was just a 'moonshot' risky investment, an irresponsible expenditure, and Amazon CEO Andrew Wim just dispelled those concerns," said Jake Dollarhide, CEO of Longbow Asset Management. However, Apple shares plunged 7.4% after the company warned that supply constraints would impact growth, exacerbating concerns that recent iPhone price increases would weaken consumer demand.
According to SEC filings, Qualcomm (QCOM.O) selling shareholders can resell up to 17,826,566 shares from the modular acquisition.
S&P Global: Luxembourg's "AAA/A-1+" rating affirmed; outlook stable.
Paramount (PSKY.O) announced an extension of the deadline for its previously announced exchange offer and takeover offer.
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending July 28, speculators reduced their net short positions in CBOT U.S. 2-year Treasury futures by 30,023 contracts to 1,124,574 contracts. Speculators also reduced their net short positions in CBOT U.S. 5-year Treasury futures by 126,929 contracts to 1,146,400 contracts.
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending July 28, crude oil speculators increased their net long positions in WTI crude oil by 28,159 contracts to 106,507 contracts.
Nvidia (NVDA.O) rose to its intraday high and is currently up more than 3%.
August 1st - According to a report from the University of Chile's Seismological Center, a 5.2-magnitude earthquake struck the coastal region of the Coquimbo region of Chile at 13:48 local time on July 31st, with a focal depth of 30 kilometers. No tsunami warning has been issued so far.
According to The Times of London, British Chancellor of the Exchequer Healy has stated that the possibility of tax increases in the budget cannot be ruled out.
According to The Times of London: British Chancellor of the Exchequer Healy has instructed cabinet ministers to prepare for budget cuts.
Hang Seng Index futures closed down 0.07% at 25,922 points in overnight trading, a premium of 38 points.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54