EUR/USD
1.16748
-0.030%
Gold
4608.82
-0.174%
Oil
85.908
-0.443%
USD/JPY
158.951
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GBP/USD
1.36427
-0.029%
GBP/JPY
216.857
-0.056%
Real-time News
On August 24th, following US President Trumps announcement of an "unprecedented" economic war against Iran, US Treasury Secretary Bessenter confirmed that the specific details of the "unprecedented economic isolation" measures against Iran would be officially announced on the 24th. Iran, on the other hand, played its "oil export countermeasure" card on the 23rd: if the US waged an economic war, there would be no more oil exports from the Strait of Hormuz or even the Persian Gulf region. Currently, there are less than 24 hours left before the US announces the details of the sanctions. Public opinion generally believes that this is a desperate move by the US given the current situation of a protracted war between the US and Iran and the failure of negotiations. Although the specific measures have not yet been announced, some analysts believe that this action may ultimately lead to a "lose-lose" situation.On August 24, Xiyin announced on the Hong Kong Stock Exchange that it plans to issue approximately 280 million Class B shares (subject to reallocation and the exercise of the over-allotment option) for its Hong Kong listing, with a pricing range of HK$47.60 to HK$49.50 per share. Trading is expected to commence on September 1.Alibaba (BABA.N) announced the pricing of its HK$80 billion share placement, with 710,000,000 new shares to be subscribed at HK$112.70 per share. The placement is expected to be completed on August 26, 2026.On Monday, both WTI and Brent crude oil opened $0.30 lower, at $85.97/barrel and $91.96/barrel respectively.On August 24th, according to a report by Israels Channel 12 on the 23rd, sources revealed that Syrian Transitional Government Foreign Minister Shibani met with Israels intelligence and special operations agency (Mossad) director Goffman that day. The report stated that the meeting was "effective" and aimed at easing tensions between the two countries. Previously, on the 18th, the Israeli military carried out an airstrike on the Abu Zukhur airbase in Idlib province in northwestern Syria, which the Syrian Transitional Governments Foreign Ministry strongly condemned as an "act of aggression without any justification."
