Real-time Financial News

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2025-07-02 Wednesday
  • 00:19:41

    Fed Mester: The Fed cannot be complacent about being able to reduce inflation to 2%. Recent developments may slow down the pace of inflation.

  • 00:17:54

    Fed Mester: Data shows wage growth has slowed.

  • 00:17:18

    Fed Mester: Inflation is cooling but still too high.

  • 00:17:07

    Fed Mester: The Fed needs to remain flexible on monetary policy now.

  • 00:13:15

    Volkswagen still forecasts full-year revenue growth of 10% to 15%.

  • 23:52:11

    The third round of voting in the U.S. House of Representatives failed to elect a speaker, with no one winning a majority of votes.

  • 23:44:38

    Jim Jordan loses 23 votes in race for U.S. House Speaker, voting continues.

  • 23:30:24

    Canadian officials stated that Canada decided to unilaterally close three Indian consulates.

  • 23:17:50

    A Google spokesperson said that Google has withdrawn from the Web Summit event.

  • 23:17:05

    Republican U.S. Rep. Jim Jordan lost six votes in his bid for House speaker as voting continues.

  • 23:16:09

    Spot gold rose 1.00% during the day and is now trading at $1,994.09 per ounce.

  • 23:15:45

    The U.S. 2-year Treasury bond yield fell 10 basis points that day to 5.06%.

  • 23:12:21

    U.S. Senate Majority Leader Schumer: Senate Democrats will quickly handle this request.

  • 23:11:51

    U.S. Senate Majority Leader Schumer: The supplemental funding request is too important to wait for the House of Representatives to process.

  • 23:01:03

    U.S. banking regulators have extended the comment period on the proposed final Basel capital rules to January 16, 2024.

  • 23:00:45

    As of the close at 23:00, the main domestic futures contracts were up and down. Liquefied petroleum gas (LPG) rose by more than 2%, and rapeseed meal rose by more than 1%. In terms of decline, pulp fell by more than 2%, and iron ore, soda ash, cotton, cotton yarn, asphalt, and PTA fell by more than 1%.

  • 22:57:57

    The Istanbul Bank Index may hit its lowest closing price since September 19.

  • 22:52:02

    Reuters survey: 29 of 32 economists said the Bank of Canada will keep overnight interest rates unchanged at 5.00% on October 25, while the other three believe it will raise interest rates by 25 basis points.

  • 22:51:41

    Reuters poll: Most economists say the Bank of Canada will cut the overnight interest rate to 4.75% or lower by the end of the second quarter of 2024.

  • 22:42:46

    Market news: Russian Deputy Prime Minister Novak suggested that Russian refineries increase diesel production in winter.

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