EUR/USD
1.17715
-0.070%
Gold
4664.27
-1.260%
Oil
94.592
2.804%
USD/JPY
157.102
0.241%
GBP/USD
1.35944
-0.244%
GBP/JPY
213.577
-0.002%
Real-time News
On May 11, Ukrainian President Volodymyr Zelenskyy stated on social media that Ukraine maintains almost daily diplomatic communication with the United States. Ukrainian National Security and Defense Council Secretary Omar Umerov briefed him on his meetings with US representatives Vitkov and Kushner. Zelenskyy stated that the US is acting as a mediator in the prisoner-of-war exchange between Ukraine and Russia, and related plans are under discussion. Ukraine has submitted a list of personnel involved and looks forward to the US pushing for its implementation. The two sides also discussed the format of a leaders meeting and negotiations aimed at ending the conflict. Zelenskyy further stated that Ukraine is advancing multinational drone cooperation, with approximately 20 countries participating in the process. Four agreements have been signed, and preparations are underway for the first batch of contracts, while consultations with the remaining countries are ongoing.UBS downgraded Dell (DELL.N) from Buy to Neutral; raised its price target from $167 to $243.Meta Platforms (META.O): Becomes an official partner of the Cannes Film Festival, launching a new multi-year strategic partnership.Indian government officials: There are no proposals to provide support to oil marketing companies.On May 11, a key advisory group to the Japanese government urged the Bank of Japan to consider the risks of a deteriorating corporate financing environment when formulating monetary policy, suggesting that Governor Kazuo Ueda may face resistance if he pushes for an interest rate hike next month. Private sector members of the governments Economic and Fiscal Policy Council stated in materials submitted at Mondays meeting: "We expect the Bank of Japan to comprehensively consider the financing conditions in the financial markets and continue to monitor price trends when formulating appropriate monetary policy." The group also noted that commodity shortages and rising prices could increase corporate financing needs, and therefore the central bank should be vigilant about this.
