Real-time Financial News

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2024-09-27 Friday
  • 15:50:32

    OpenAI: Issues with ChatGPT are being investigated.

  • 15:47:10

    Hungarian Prime Minister Orban: The issue of starting membership negotiations with Ukraine should be removed from the agenda, and Hungary will adhere to this position.

  • 15:45:47

    Hungarian Prime Minister Orban: The EU should sign a strategic partnership agreement with Ukraine.

  • 15:45:38

    UK Chancellor of the Exchequer Hunt: Sharp cuts in corporate tax means the economy is now ready to start growing again.

  • 15:45:19

    British Finance Minister Hunt: While interest rates fulfill their duty to reduce inflation, it is inevitable that GDP will be suppressed.

  • 15:36:38

    European Banking Authority (EBA): Overall, the European banking system is resilient, but non-performing loans are a vulnerability going forward.

  • 15:35:18

    After the GDP data was released, traders increased their bets on an interest rate cut by the Bank of England, which is expected to cut interest rates by 95 basis points in 2024.

  • 15:17:12

    COP28 President Al Jaber: We have provided the world with a solid plan to ensure that the "1.5 degrees Celsius" goal is achievable.

  • 15:14:20

    Market news: The 28th United Nations Climate Change Conference approved an agreement to reduce the use of fossil fuels.

  • 15:12:33

    Riksbank: The European Central Bank is likely to lower its inflation forecasts, but is likely to counter market expectations of imminent rapid interest rate cuts. However, we think headline inflation will fall to 2% in the coming months, which would leave the door open for rate cuts. We maintain our forecast that the ECB will start cutting interest rates in March and cut interest rates 6 times in 2024, with the deposit rate falling to 2.5% by the end of the year.

  • 15:11:44

    Norwegian Government: Ukrainian President Zelensky will visit Norway on Wednesday.

  • 15:02:11

    At midday close, most major domestic futures contracts fell. SC crude oil fell by more than 5%, coking coal fell by more than 4%, low-sulfur fuel oil (LU), soda ash, and glass fell by more than 3%, and fuel oil, PTA, coke, and thread fell by more than 2%. In terms of gains, the main contract of lithium carbonate was closed. At the daily limit, it rose 9.98%. Except for the 2401 contract, all other contracts hit the daily limit; sugar and eggs rose nearly 1%.

  • 15:01:01

    The U.S. dollar index DXY touched upwards to 104, up 0.23% on the day.

  • 15:00:49

    GBP/USD fell 25 points in the short term and is now at 1.2529.

  • 14:56:56

    The main contract of lithium carbonate expanded to 8.00% during the day and is now trading at 102,100 yuan/ton.

  • 14:55:54

    The main contract of lithium carbonate rose by 4.00% during the day and is now quoted at 97,950 yuan/ton.

  • 14:30:34

    Azerbaijan Ministry of Energy: Azerbaijan’s natural gas exports increased by 9% year-on-year from January to November.

  • 14:30:20

    South Korea’s Foreign Exchange Authority: South Korea will extend the deadline for onshore won trading applications to March next year.

  • 14:27:51

    TD Securities: The annual CPI rate in the Eurozone fell to 2.4% in November, and the core inflation rate is also declining rapidly. The European Central Bank has nothing to worry about at the moment. We do not expect a change in policy at this meeting, nor a substantive change in the tone of recent speeches.

  • 14:27:41

    According to the Deutsche Presse Agency: Germany’s ruling coalition reached an agreement on the 2024 budget.

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