EUR/USD
1.15937
0.165%
Gold
4355.26
0.486%
Oil
84.235
-0.087%
USD/JPY
159.171
-0.274%
GBP/USD
1.35516
0.150%
GBP/JPY
215.707
-0.116%
Real-time News
Sources say Irans current discussions are limited to matters concerning the Strait of Hormuz with Oman.On August 19th, European Central Bank President Christine Lagarde warned that Europe cannot afford to fall behind as artificial intelligence reshapes the global economy. Speaking at the World Economic Forum headquarters in Geneva, Lagarde stated that there are signs that European companies are increasing their investment in this technology. Citing survey data, she said that eurozone companies will allocate approximately 9% of their total investment in artificial intelligence this year. She said, "Europe largely missed out on the first digital revolution because the business benefits of widespread information and communication technology disproportionately flowed to other regions. We cannot repeat that mistake in artificial intelligence—the second digital revolution."Indonesian central bank governor: The Federal Reserve may keep interest rates high for a longer period of time.According to the latest data from the Fujairah Oil Industrial Zone (FOIZ) in the UAE, as of the week ending August 17, total refined product inventories at the port of Fujairah were 7.752 million barrels, an increase of 1.445 million barrels from the previous week. Specifically, light distillate inventories decreased by 282,000 barrels to 931,000 barrels; middle distillate inventories decreased by 26,000 barrels to 1.471 million barrels; while heavy distillate and residual fuel oil inventories increased significantly by 1.753 million barrels to 5.35 million barrels.August 19 - According to Irans Fars News Agency, a source close to the Iranian negotiating team refuted the White Houses claim: "Regarding the US claim that negotiations with Iran have been canceled, the fact is that there are no direct negotiations between Iran and the United States at all."
