EUR/USD
1.18173
0.039%
Gold
3667.54
0.210%
Oil
64.010
0.635%
USD/JPY
147.405
0.288%
GBP/USD
1.36190
-0.033%
GBP/JPY
200.756
0.267%
Real-time News
Ukrainian President Zelensky: Ukrainian forces have recaptured seven settlements in the eastern Donetsk region.Novo Nordisk (NVO.N) rose more than 7% in pre-market trading, on track for its best single-day performance since March 2024.Ukrainian President Zelensky: Visited the Donbas region on the front line.1. SoftBank: On August 19, 2025, Intel and Japans SoftBank Group jointly announced that SoftBank would invest $2 billion in Intel. Under the agreement, SoftBank will purchase Intel common stock at $23 per share. This investment, representing approximately a 2% stake in Intel, will make SoftBank the sixth-largest shareholder. SoftBanks investment does not require a board seat and does not come with a commitment to purchase Intel chips. 2. U.S. Government: On August 22, 2025, Intel announced an agreement with the U.S. federal government under which the federal government will invest $8.9 billion in Intel common stock and acquire 433.3 million shares at $20.47 per share, representing a 9.9% stake in the company and becoming the companys largest shareholder. This stake does not carry board seats or special governance rights. 3. Nvidia: Nvidia announced Thursday that it would invest $5 billion in Intel common stock at $23.28 per share. The agreement includes plans for Intel and Nvidia to jointly develop chips for personal computers and data centers. The transaction does not involve Intels foundry business. After this transaction, Nvidia may own 4% or more of Intels shares. 4. It is worth noting that Nvidias acquisition price for Intel common stock was higher than the U.S. governments, theoretically increasing the value of the U.S. governments investment by approximately 14% in less than a month, for an annualized return of 168%.On September 18th, ING economist James Smith stated that the Bank of England remains inclined toward further interest rate cuts, but the likelihood of another cut this year remains uncertain. The Bank of Englands long-standing forward guidance (policy direction statements) remains unchanged, and its announcement on quantitative tightening was in line with investor expectations. However, Smith noted in a report that the August rate decision clearly indicated the Bank of England is becoming increasingly cautious about further rate cuts from previous levels. Some even believe that the current rate-cutting cycle has concluded. While the timing of future rate cuts remains uncertain, we disagree with the view that the "rate-cutting cycle is over." We remain slightly inclined to believe that the Bank of England will cut again this year, but the certainty of this prediction is low. Currently, we believe the probability of a November rate cut is roughly 50-50.
