EUR/USD
1.16827
-0.376%
Gold
4674.54
-1.786%
Oil
97.020
7.012%
USD/JPY
159.725
0.268%
GBP/USD
1.33984
-0.515%
GBP/JPY
214.011
-0.248%
Real-time News
Samsung Electronics shares fell more than 3%.According to South Korean customs, South Koreas imports increased by 12.7% year-on-year from April 1 to 10, while exports increased by 36.7% year-on-year, resulting in a trade surplus of US$3.1 billion for the same period.On April 13th, oil prices surged, US stock index futures fell, and the dollar strengthened following President Trumps order to close the Strait of Hormuz. This escalation, following the failure of the US and Iran to reach an agreement in negotiations in Pakistan, is likely to disappoint investors who increased their risk asset allocations after the two countries announced a ceasefire last week. Elias Haddad, global head of markets strategy at Brown Brothers Harriman, stated, "Trumps announcement of a naval blockade of the Strait of Hormuz is bound to reignite risk aversion this week." Adding to the potential volatility is the upcoming US first-quarter earnings season. Investors are eager to hear how corporate leadership views the increasing risks, including higher inflation driven by soaring oil prices and the threat of consumers beginning to cut back on spending.April 13th - "The fuel surcharge used to be adjusted monthly, but its been adjusted three times since April," a SF Express International customer service representative stated. They explained that international oil prices have fluctuated significantly since April, leading to frequent adjustments to the fuel surcharge for international express shipping. The customer service representative calculated that, based on the 39.25% fuel surcharge rate from April 6th to 12th, a 1kg parcel shipped from Beijing to the UK would have a base shipping cost of 363 yuan and a fuel surcharge of 142 yuan, totaling 505 yuan. However, starting April 13th, the total cost will increase to 508 yuan.U.S. 10-year Treasury futures fell 10 points.
