EUR/USD
1.17065
-0.048%
Gold
4564.08
-0.720%
Oil
100.558
3.154%
USD/JPY
159.747
0.083%
GBP/USD
1.35098
-0.057%
GBP/JPY
215.820
0.035%
Real-time News
DA Davidson: Raises its price target for Starbucks (SBUX.O) from $97 to $102.According to the Iranian Students News Agency, the Iranian rial has fallen to a record low of 1.8 million against the US dollar.1. JPMorgan Chase: Expects the Fed to hold rates steady, with the vote to maintain the current rate expected to be 11-1, and Milan likely to vote against it. 2. Societe Generale: Expects the Fed to hold rates steady. Given that this meeting will not release a summary of economic projections or a dot plot, the market anticipates few policy changes. 3. Goldman Sachs: Expects the Fed to hold rates steady. The post-meeting statement may acknowledge improved employment data and rising inflation, but will maintain existing policy guidance. 4. MUFG: Expects the Fed to hold rates steady. Fed Governor Milan may abstain from voting on a rate cut, and the statement may explicitly mention increased upside risks to the inflation mandate. 5. Wells Fargo: Expects the Fed to hold rates steady. The statement may indicate that energy costs are keeping inflation high and weaken forward guidance, revising the wording regarding the magnitude and timing of further adjustments to the benchmark interest rate. 6. Morgan Stanley: Expects the Fed to hold rates steady. The statement is expected to change little, with the FOMC likely maintaining an accommodative bias, but emphasizing that high uncertainty means patience is needed in policymaking. 7. Deutsche Bank: Expects the Fed to hold rates steady, possibly removing the word "further" from the wording regarding "the magnitude and timing of further adjustments to the benchmark interest rate" to pave the way for future rate hikes. 8. Danske Bank: Expects the Fed to hold rates steady and may not provide clear forward guidance, but any cautious hints at restarting easing could trigger a decline in Treasury yields and a broad weakening of the dollar. 9. BNY Mellon: Expects the Fed to hold rates steady with very limited forward guidance, as the market has not yet priced in persistent inflation risks, giving the Fed room to temporarily ignore short-term inflationary pressures.On April 29th, the Kremlin stated on Wednesday that despite the UAEs announcement of its withdrawal, Russia still plans to remain in OPEC+ and hopes the group will continue to operate. The UAE announced its withdrawal from OPEC and OPEC+ on Tuesday, amidst energy crises triggered by the Iran-Iraq war exposing internal divisions among Gulf states. Kremlin spokesman Dmitry Peskov stated that OPEC+ is an important organization that helps reduce energy market volatility and stabilize the market. Russia respects the UAEs decision and hopes energy dialogue will continue. Russia joined OPEC+ in 2016, and the group accounted for nearly 50% of global oil production last year. The UAE is the fourth largest oil producer in OPEC+, while Russia is the second largest after Saudi Arabia.JPMorgan Chase raised its price target for General Motors (GM.N) from $97 to $98.
