EUR/USD
1.13701
-0.362%
Gold
4057.82
-1.745%
Oil
90.910
5.843%
USD/JPY
163.942
0.492%
GBP/USD
1.33168
-0.431%
GBP/JPY
218.323
0.059%
Real-time News
On July 23, Shanghai Mayor Gong Zheng met with a cross-party delegation of parliamentarians led by McAleester, Chairman of the European Parliaments Foreign Affairs Committee. Gong Zheng stated that he looks forward to further deepening cooperation with the EU in areas such as trade, industrial investment, and cultural exchanges, and supports outstanding enterprises to invest and operate in each others countries, bringing more beneficial results to Sino-EU friendly exchanges. He hoped that the European Parliaments Foreign Affairs Committee would leverage its strengths to support the EU in strengthening all-round cooperation with Shanghai, making greater contributions to the healthy and stable development of Sino-EU relations.According to Reuters calculations, Russias state oil and gas tax revenue is expected to increase by 60% year-on-year in July, reaching 1.3 trillion rubles, thanks to rising global oil prices.According to Punchbowl: U.S. Senate Majority Leader Thune said that sanctions against Iran have been included in the Russia bill.German Defense Minister Pistorius: Considering establishing a space launch site for the Federal Armed Forces.July 23 – Sources familiar with the matter say European Central Bank (ECB) officials are prepared to raise interest rates in September unless the eurozones inflation outlook improves significantly. According to sources, based on current information and data, particularly the Middle East conflict and its economic impact, a further one percentage point increase may be needed to curb inflationary pressures. The sources emphasized that no decision has been made yet, and the situation could change rapidly, especially if a peace agreement progresses or a more severe recession occurs. This stance is consistent with the ECBs decision-making process, which involves making decisions "on a meeting-by-meeting" basis. On Thursday, ECB President Christine Lagarde laid the groundwork for a possible September rate hike, stating that some members had asked themselves whether a rate increase was warranted. "Some members have asked themselves whether we should consider raising interest rates," she said. "We are fully prepared to closely monitor developments and the data we will receive in the coming weeks."