EUR/USD
1.14001
0.119%
Gold
4043.63
-0.685%
Oil
70.274
1.280%
USD/JPY
161.879
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GBP/USD
1.32134
0.117%
GBP/JPY
213.902
0.197%
Real-time News
According to Hong Kong Stock Exchange filings, BlackRock increased its long position in Li Ning (02331.HK) H shares from 7.88% to 9.19% on June 23.According to Politico, pro-Trump groups are preparing to urge the Federal Communications Commission (FCC) to revoke Disneys (DIS.N) broadcasting license. This move would further continue the actions of the agencys chairman, Brendan Carr, who has been punitive towards media critics whom Trump deems worthy of his attention.On June 29, Zhu Anqing, spokesperson for the East China Sea Branch of the China Coast Guard, stated that on June 29, the Fujian Coast Guard conducted routine law enforcement patrols in the waters near Kinmen. Since June, the Fujian Coast Guard has organized naval fleets to continuously strengthen control over relevant sea areas, effectively safeguarding the legitimate rights and interests and the safety of life and property of fishermen on both sides of the Taiwan Strait, and effectively ensuring normal navigation and operation order in the Xiamen-Kinmen waters.Australian Treasurer Charles Chalmers: Labors fuel tax cut plan was just passed by Parliament in July, saving approximately $11 per fill-up. This is one of our measures to ease the pressure on the cost of living. A new round of tax cuts for all taxpayers will also begin this Wednesday.On June 29, according to the New York Times, shortly after taking over as Chairman of the Federal Reserve, Warsh wrote to the central banks more than 20,000 employees outlining how he would lead the institution, which he has long advocated for radical reforms. In a letter dated June 2, Warsh pledged to foster "open and sober discussions about the Feds strategy, policies, and operations." At the heart of Warshs strategy is a series of special task forces focused on five areas he considers "key to the broad implementation of monetary policy." These areas include: the Feds communication methods; its $6.7 trillion portfolio of government bonds and mortgage-backed securities (MBS); its preferred data sources; productivity trends and employment; and the models and measures used to assess inflation. According to sources, Warsh will release more details about these task forces in the coming weeks. The goal is to complete the work by the end of the year, after which policymakers will consider what reforms should be implemented and how. Each task force will be led by several outsiders personally selected by Warsh, assisted by specific staff members chosen from within the Fed.
