EUR/USD
1.16118
0.006%
Gold
4319.23
0.064%
Oil
99.712
-0.811%
USD/JPY
154.401
-0.009%
GBP/USD
1.35117
0.007%
GBP/JPY
208.625
-0.005%
Real-time News
Japans BSI large-scale manufacturing confidence index was 7.6 in the third quarter, compared with a previous reading of -1.8.Japans corporate goods price index rose 7.6% year-on-year in August, below the expected 7.40% and the previous reading of 7.20%.Japans corporate goods price index fell 0.2% month-on-month in August, compared to a forecast of 0.00% and a previous reading of 0.10%.On September 11th, according to foreign media reports, copper futures on the London Metal Exchange (LME) fell sharply on Thursday, retreating from an intraday record high, as reports indicated that the White House has yet to make a decision on refined copper tariffs due to concerns that rising prices could push up manufacturing costs. LME three-month copper fell 3.74% to $14,222 per tonne, after hitting an intraday record high of $14,875 per tonne. On Thursday, COMEX October copper futures fell 5% to $6.481 per pound (approximately $14,288 per tonne), narrowing the premium relative to LME prices. Ole Hansen, head of strategy at Saxo Bank, commented on the Reuters tariff report, saying that this latest news undoubtedly triggered significant market volatility. Previously, large quantities of metal had flowed into US warehouses due to market expectations that the US might impose tariffs on refined copper imports, raising concerns about supply shortages in traditional consumption regions.On September 11, US President Donald Trump stated on Fox News Thursday night that he plans to block Democratic-backed legislation if Democrats regain control of the House and Senate after the midterm elections. This indicates that as Republicans struggle to retain their majority in Congress, Trump has begun to envision a governing strategy in a "divided government" scenario. Trump said, "Things will be different. Ill be a blocker, what else can I say? However, I might be able to make a deal with them (the Democrats). Theyll have demands, and you can make a deal with them. Thats often how it is." Trump also stated that this election is not as "difficult" as previous campaigns.
