EUR/USD
1.17136
-0.221%
Gold
4688.74
-0.559%
Oil
96.973
-1.762%
USD/JPY
157.877
0.170%
GBP/USD
1.35230
-0.122%
GBP/JPY
213.497
0.050%
Real-time News
The Saudi Defense Minister met with British National Security Advisor Jonathan Powell. They reviewed relevant issues of Saudi-British cooperation and discussed coordinated efforts to address regional challenges and de-escalate tensions.On May 14th, European Central Bank President Christine Lagarde stated that EU leaders must demonstrate courage and strengthen the EUs institutional foundations. In her speech, Lagarde emphasized the work done by her predecessor, Mario Draghi, in enhancing European competitiveness. She called on European leaders to implement Draghis recommendations and "break free from complacency." Lagarde and other ECB officials have repeatedly urged European governments to strengthen Europes economic and political foundations and enhance its autonomy. Last year, she stated that delaying measures to boost growth and allowing prosperity to continue to slip away was not only disappointing but also "irresponsible." Earlier this year, the ECB Governing Council called for "urgent collective action" to strengthen Europe, emphasizing the need to establish a savings and investment union, advance a digital euro, deepen the single market, introduce policies to promote innovation, and simplify legislation.Fitch Ratings expects BP (BP.N) to reach the lower end of its $14 billion to $18 billion net debt target range by the end of 2026. The Iran war has had a limited impact on BPs operations, but its credit profile is expected to be positively affected by rising oil and gas prices.Cisco (CSCO.O): Third-quarter product orders increased by 35% year-over-year, with growth in all regions and customer markets. Excluding orders from hyperscale cloud service providers, the growth rate was 19%. In the optical business, Acacias third-quarter orders exceeded $1 billion, representing triple-digit year-over-year growth.According to Business Insider, Amazon (AMZN.O) is laying off more employees this week, affecting its Selling Partner Services division.
