Real-time Financial News

Providing fresh, timely, and comprehensive global financial news to help you seize investment opportunities and directions at the earliest.
2024-09-28 Saturday
  • 21:55:03

    Citigroup: Brent crude oil prices are expected to average around $82/barrel in 2023, down from the previous forecast of $84/barrel.

  • 21:54:11

    Ukrainian President Volodymyr Zelensky expressed his gratitude to British Prime Minister Rishi Sunak for donating long-range precision-guided missiles to Ukraine.

  • 21:51:59

    Dass, Governor of the Reserve Bank of India: The Indian economy needs to continue to reform and introduce new technologies.

  • 21:51:49

    RBI Governor Dass: The RBI seeks to ensure the stability of the rupee exchange rate.

  • 21:51:22

    Dass, Governor of the Reserve Bank of India: The Reserve Bank of India is also considering promoting the development of the financial technology industry.

  • 21:50:39

    RBI Governor Dass: Compared with other currencies, the Indian rupee is the most stable.

  • 21:36:30

    [Market Analysis: The Turkish financial market may face large fluctuations in the near future] Mohammed Elmi, senior portfolio manager of the investment company Federated Herme, said that Turkey will hold a general election on Sunday. Due to the uncertainty of future economic policies, the Turkish financial market will face greater volatility in the near future fluctuations. Investor sentiment in Turkey has weakened due to unconventional policies introduced by President Recep Tayyip Erdogan. Elmi said the Turkish market is facing huge volatility in the short term, whether it is a continuation of the status quo with unconventional policies or a bumpy transition to traditional policies.

  • 21:31:14

    [Market Analysis: High interest rates have become unfavorable to the banking industry] Torsten Slok, chief economist of Apollo Global Management, said that for banks, higher interest rates are not as good as they used to be. In the past, higher long-term interest rates have been good for banks because higher long-term rates have meant larger net interest margins. But that correlation has been broken since the Fed started raising rates last year. High interest rates are now bad for banks, as this has a negative impact on their assets, and high interest rates and an inverted yield curve increase the risk of a recession, which increases credit losses.

  • 21:07:47

    Spot gold rose over $7 in the short term and is now at $2020.10 per ounce.

  • 20:44:59

    Spot gold rose over $7 in the short term and is now at $2014.50 per ounce.

  • 20:37:48

    International Atomic Energy Agency (IAEA): In 2022, the number of Iranian atomic inspections will drop by 10%.

  • 20:30:13

    The U.S. import price index recorded a monthly rate of 0.4% in April, the largest increase since May 2022.

  • 20:30:07

    The annual rate of the U.S. export price index in April was -5.9%, expected to be -5.50%, and the previous value was -4.80%.

  • 20:30:06

    The monthly rate of the U.S. export price index in April was 0.2%, expected to be 0.20%, and the previous value was -0.30%.

  • 20:30:04

    The annual rate of the U.S. import price index in April was -4.8%, expected to be -4.80%, and the previous value was -4.60%.

  • 20:28:04

    U.S. Geological Survey: A 5.2-magnitude earthquake struck 4 kilometers northwest of Canon Dam, California.

  • 20:23:05

    ESMA: Liquidity and concentration risks identified in European gas derivatives markets.

  • 19:53:37

    Bank of England Chief Economist Peel: The view on the housing market is more optimistic than a year ago.

  • 19:47:43

    World Bank President Malpass: The breach of the US debt ceiling and the woes of the US economy are not good for everyone.

  • 19:46:16

    Bank of England Chief Economist Peel: The latest inflation outlook data shows that there is not much room for it to continue to grow.

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