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.
Israel Defense Forces: The Israel Defense Forces and the Israel Security Service launched a raid in northern Gaza late Thursday night, killing a senior member of Hamas’s General Security Agency.
According to Axios: The Boston Federal Reserve stated that the impact of the war with Iran is expected to be limited on the U.S. labor market.
According to a related statement, members of the U.S. House of Representatives released a draft bill on artificial intelligence regulation.
Meta Platforms (META.O) shares rose as much as 3%, hitting a new intraday high.
Bank of England Governor Bailey: The market may have exaggerated the speed at which artificial intelligence is being disseminated.
Freddie Mac: U.S. mortgage rates fell slightly to 6.48% in the week ending June 4.
Federal Reserve's Daly: The most important thing right now is to get inflation back to the target level; that's the top priority.
Federal Reserve's Daly: The labor market is resilient and we have achieved stability.
Federal Reserve's Daly: Providing forward guidance at this time could be misleading.
Federal Reserve's Daly: It's hard to say that the labor market has tightened.
Federal Reserve's Daly: Policy is in a good position. We are prepared to respond in both directions.
Federal Reserve's Daly: Current inflation concerns are focused on energy and food, factors that are driving up prices.
Federal Reserve's Daly: (Regarding the path of interest rates) We don't know how the economy will develop.
On June 4th, the EU-China Chamber of Commerce noted the European Commission's newly proposed "European Technology Sovereignty Package," which covers semiconductors, artificial intelligence (AI), cloud services, open-source technology, and digitalization in the energy sector. These initiatives are closely related to the development of Chinese-invested enterprises in Europe and also relate to the prospects for trade, investment, and cooperation between China and the EU in the digital economy. The EU-China Chamber of Commerce stated that, as two of the world's most important digital markets, China and the EU should strengthen connectivity and cooperation rather than move towards market fragmentation and technological isolation, in order to jointly promote innovative development, enhance industrial competitiveness, and achieve sustainable growth.
Federal Reserve's Daly: Just because we have similarities to the 1990s doesn't mean this will be the 1990s.
Federal Reserve's Daly: No concerns about financial stability have been found regarding investments in artificial intelligence.
Federal Reserve's Daly: Optimistic about artificial intelligence, next year will be a key period to test the direction of the industry's development.
Federal Reserve's Daly: We have not yet seen productivity gains from artificial intelligence in the data.
The German DAX 30 index closed up 140.84 points, or 0.57%, at 24,952.47 on Thursday, June 4th; the UK FTSE 100 index closed up 25.32 points, or 0.25%, at 10,357.62 on Thursday, June 4th; the French CAC 40 index closed up 93.87 points, or 1.15%, at 8,244.29 on Thursday, June 4th; the Euro Stoxx 50 index closed up 51.83 points, or 0.86%, at 6,105.40 on Thursday, June 4th; the Spanish IBEX 35 index closed up 102.93 points, or 0.57%, at 18,278.93 on Thursday, June 4th; and the Italian FTSE MIB index closed up 149.34 points, or 0.30%, at 50,187.50 on Thursday, June 4th.
US Treasury auction for the 8 weeks ending June 4 - bid-to-cover ratio 3.2, compared to 3.08 previously.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54