EUR/USD
1.16501
0.163%
Gold
4525.62
0.912%
Oil
89.280
-1.805%
USD/JPY
159.738
0.045%
GBP/USD
1.34734
0.141%
GBP/JPY
215.225
0.187%
Real-time News
On June 2nd, Swiss National Bank (SNB) President Schlegel stated that the bank has not set a specific exchange rate target. He reiterated the central banks stance that its willingness to intervene in the Swiss francs exchange rate has increased. He stated, "The SNB ensures an appropriate monetary environment by setting the central banks policy rate and will take other measures, such as intervention in the foreign exchange market, when necessary. However, the SNB does not pursue an exchange rate target. Due to the deteriorating situation in the Middle East, the Swiss franc is facing upward pressure, leading to a stronger willingness for the central bank to intervene in the foreign exchange market."Crimean leaders stated that Russian President Vladimir Putin has personally taken charge of addressing the gasoline shortage on the peninsula and urged the public to remain patient and calm in the face of the shortage.On June 2nd, Liu Guozhong, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, conducted research in Hebei Province from June 1st to 2nd. He emphasized the need to maintain unwavering focus on the "Three Summers" (summer planting, summer harvesting, and summer management) to solidify the foundation for a bumper grain harvest throughout the year, to carry out regular monitoring and assistance in a solid and effective manner, and to continuously consolidate and expand the achievements in poverty alleviation, laying a solid foundation for the comprehensive revitalization of rural areas and high-quality economic and social development. Liu Guozhong stressed the importance of ensuring the smooth procurement of summer grain, guiding various enterprises to actively participate in the market, and promoting grain prices to remain at a reasonable level. He also emphasized the need to coordinate summer planting and management, strengthen the supply and price stability of fertilizers, guide scientific fertilization and fertilizer conservation, and implement detailed measures to increase yields on a large scale.The Russian Ministry of Defense stated that it had struck defense industrial facilities in several regions of Ukraine.June 2 – On June 2, Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), met with a delegation led by Sir John Woodward, Chairman of the China-Britain Business Council, and Peter White, CEO, in Beijing. The two sides exchanged views on promoting exchanges between the Chinese and British business communities, consolidating and enhancing cooperation between the two organizations, jointly serving mutual investment between Chinese and British companies and conducting third-party market cooperation, and deepening international cooperation in industrial and supply chains.
