Real-time Financial News

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2024-10-26 Saturday
  • 18:13:42

    Russian Defense Minister: The Russian army has increased its firepower through the supply of modern weapons.

  • 18:10:28

    Russia has restarted exports of propane and butane through the Crimean port of Kerch, traders said.

  • 18:04:01

    Turkish President Erdogan: Iran is open to the idea of a Zangezur corridor through its territory if Armenia does not cooperate.

  • 18:03:07

    Turkish President Erdogan: The Zangezur corridor through Armenia, Azerbaijan and Iran must be completed.

  • 18:01:44

    Turkish President Erdogan: Turkey supports the Nakchivan-Azerbaijan corridor.

  • 17:58:54

    Turkish President Erdogan: Turkey’s monetary tightening policy aims to achieve price stability.

  • 17:58:39

    Turkish President Erdogan: The Israeli Prime Minister may visit Turkey in October or November.

  • 17:58:11

    Japanese Cabinet Officials: Bank of Japan Governor Kazuo Ueda said at the meeting that it makes sense to support corporate efforts to raise wages and increase investment.

  • 17:57:50

    Japanese Cabinet Official: Bank of Japan Governor Kazuo Ueda told a high-level economic meeting that it is important to cultivate positive signs of changes in corporate behavior.

  • 17:57:02

    Commerzbank: Zinc prices are expected to move sideways.

  • 17:56:17

    Commerzbank: The price of nickel is expected to be US$23,000 per ton by the end of the year.

  • 17:55:56

    Commerzbank: Prices are expected to rise towards the end of the year due to continued tight supply of primary nickel.

  • 17:54:07

    Commerzbank: The copper market supply outlook has improved significantly, and the price forecast of US$8,800 per ton at the end of the year faces increased downside risks.

  • 17:36:30

    The gap between German and Italian 10-year government bond yields exceeded 190 basis points, the widest level since May 11.

  • 17:22:17

    Market news: India will set targets for reducing carbon emissions.

  • 17:03:39

    According to Nikkei News: ASML, a Dutch photolithography machine manufacturer, will establish a technical support base in Hokkaido, Japan.

  • 17:00:55

    Market news: Apple executive Eddy Cue will testify in Google’s antitrust trial.

  • 16:47:07

    [Citi: Short positions in Nasdaq futures increase, bearish sentiment heats up] Citigroup strategists said that investors are selling the Nasdaq 100 index, which is dominated by technology stocks, and establishing short positions in the futures market. Net short positions on the Nasdaq 100 now stand at $8.1 billion, with all long positions closed, the team led by Chris Montagu wrote in a note. Meanwhile, S&P 500 futures have a small net short position, but there are still $15 billion in open long positions. The shorting of tech stocks reflects growing concerns among investors that Federal Reserve interest rates will remain high for longer. The Nasdaq 100 index once reached a peak in 2023 in July this year and is up 45% this year. Since then, the index has fallen 6.8% as investors realize that the Fed will not cut interest rates anytime soon. Rising U.S. bond yields have also affected the attractiveness of this overvalued industry.

  • 16:46:38

    Citigroup: Lowered its target price for AMC Theaters (AMC.N) from $15.50 to $4.75.

  • 16:27:38

    Musk tweeted: This is the new entrance to Tesla’s headquarters.

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