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Real-time News
June 17 - Iranian state television reported today (June 17) that three Iranian oil tankers carrying approximately 5 million barrels of crude oil have broken through the US maritime blockade and passed through the Strait of Hormuz, heading towards their destination.On June 17th, Bank of America analysts stated in a report that the Bank of England is unlikely to follow the European Central Bank in raising interest rates on Thursday, but this would not substantially damage market confidence in the pound. The market is currently concerned about a potential policy misstep by the ECB. Analysts said the "second-round effect" triggered by high energy prices will be closely scrutinized, which should support further rate hikes in the UK in the future. However, the market would welcome a more balanced stance from the Bank of England between high inflation risks and weak employment risks. If the price shock persists, the Bank of England might be seen as lagging behind, but this is not currently the case. Bank of America expects the Bank of England to keep interest rates unchanged on Thursday, but raise rates in July and September.June 17th - It was learned today that the State Administration for Market Regulation has revised and released three national standards: "General Technical Requirements for Bicycles," "Bicycle Assembly Requirements," and "Technical Requirements for Bicycle Testing Equipment and Instruments." These standards systematically regulate the technical performance, assembly process, and testing equipment and instruments for bicycles, providing solid standard support for improving the quality and performance of bicycle products in my country and promoting the high-quality development of the industry.Fitch Ratings: The outlook for more emerging market sectors has deteriorated due to the war in Iran.June 17 – According to Al Jazeera, US President Trump stated that reports that the US-Iran agreement included a clause providing $300 billion in reconstruction funds for Tehran are untrue. “We’re not going to put a single penny in,” Trump said. “We’re not investing, and we haven’t set up any funds.” Trump indicated that he did not ask Gulf states to invest in Iran, but “if they’re willing to, that’s fine.” He added, “I don’t think they’ll take any action until they figure out what Iran is doing.”

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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