Real-time Financial News

Providing fresh, timely, and comprehensive global financial news to help you seize investment opportunities and directions at the earliest.
2024-10-24 Thursday
  • 15:20:18

    European Commission Vice President and "Foreign Minister" Borrell: I hope the EU Red Sea mission can be launched on February 17.

  • 15:15:16

    European Commission Vice President and "Foreign Minister" Borrell: Ukraine needs more ammunition.

  • 15:04:15

    Brent crude oil fell back below $82/barrel, down 0.49% on the day.

  • 15:04:06

    Bank of Thailand: Thailand’s economic activity in January was supported by consumption and tourism.

  • 14:51:51

    Gazprom: Natural gas shipments to Europe continue via Ukraine, with a volume of 42.4 million cubic meters on Wednesday.

  • 14:21:45

    World Gold Council: Overall, we expect stronger total investment demand (including OTC transactions) in 2024, coupled with continued strong buying interest from central banks to offset expected weakness. Total supply is likely to increase slightly, mine output is likely to reach record levels, and recycling is relatively stable.

  • 14:20:45

    According to the Financial Times: Wipro will cut hundreds of mid-level employees to improve profit margins.

  • 14:20:36

    World Gold Council: Annual mine production increased 1% year-on-year (last year), but was below the 2018 record. Recycling throughout the year was affected by high gold prices and increased by 9% year-on-year.

  • 14:19:40

    World Gold Council: Global gold bar and coin investment experienced a moderate contraction in 2023 (down 3% year-on-year). Different trends in major markets in the East and West cancel each other out. Annual jewelry consumption remained stable at 2,093 tons. In a very high gold price environment, this is a very strong result.

  • 14:18:53

    World Gold Council: Central bank demand (last year) was almost on par with the 2022 record. In 2023, central bank gold purchases by various countries maintained an alarming pace, with annual purchases reaching 1,037 tons. Global gold ETF holdings fell for the third consecutive year, decreasing by 244 tons. European listed funds posted the biggest annual declines, reflecting lower demand for gold bars and coins in the region.

  • 14:02:18

    Azerbaijan lowered its refinancing rate from 8% to 7.75%.

  • 14:01:58

    World Gold Council: Gold consumption in India is expected to decrease in the March quarter due to lower wedding jewelery sales.

  • 14:01:30

    World Gold Council: It is expected that India’s gold consumption will increase to 800 tons-900 tons by 2024.

  • 14:01:17

    World Gold Council: Gold consumption in India fell 4% year-on-year in the December quarter, with rising prices hitting jewelry sales.

  • 12:25:17

    The Indian government: further reduces import duties on components used to manufacture battery covers, antennas and main lenses to 0%.

  • 11:55:43

    The Indian government: Reduces import tariffs on components used in mobile phone manufacturing to 10% from the previous 15%.

  • 11:37:27

    Philippine officials stated that the Philippines’ rice import volume in 2024 may be the same as in 2023. The Philippines plans to achieve 20 million tons of coarse rice production in 2024.

  • 11:28:21

    Royal Bank of Canada has canceled its expectation that the Reserve Bank of Australia will raise interest rates again, and now expects the Reserve Bank of Australia to cut interest rates by 50 basis points in the fourth quarter of 2024.

  • 11:23:20

    Governor of Bank Indonesia: Monetary policy in 2024 will focus on stability and pay attention to the space for interest rate cuts in the second half of the year.

  • 10:51:09

    Senior IMF official: Senior IMF official: FX intervention could reduce excess volatility and better align exchange rate movements with fundamentals.

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