EUR/USD 1.15954
-0.135%
Gold 4348.43
0.740%
Oil 97.119
-3.390%
USD/JPY 153.683
-0.474%
GBP/USD 1.35260
0.113%
GBP/JPY 207.876
-0.364%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 12th, according to two sources familiar with the matter, Anthropic is in talks with Nvidia (NVDA.O) to bring the latter into the IPO as an anchor investor; Anthropics IPO is expected to be the largest in history. The sources said Anthropic plans to raise up to $100 billion, which could value the AI startup at approximately $2 trillion. One source added that Nvidia is considering investing up to $10 billion in the IPO. They cautioned that the plans are still under discussion and subject to change. The report points out that bringing in a major investor with substantial financial resources like Nvidia is expected to boost investor confidence in the listing. This IPO is increasingly becoming a major test of the public markets acceptance of the huge valuations and funding needs of cutting-edge AI labs.On the evening of September 11 local time, Iraqi Armed Forces Commander-in-Chiefs spokesman, Sabah al-Numan, issued a statement condemning the attacks against Saudi Arabia and expressing opposition to any actions that endanger Saudi security and stability or damage the brotherly relations between the two countries. The statement said that Iraqi Prime Minister and Armed Forces Commander-in-Chief Muqtada al-Zaidi had ordered an urgent investigation into the specific circumstances of the attacks and those responsible, and that those involved be held accountable according to law. He also emphasized that the Iraqi government will not tolerate any activities that endanger Iraqs own security or its relations with friendly countries. The statement further stressed that Iraqi territory and airspace will not be used as a springboard for attacks on any country and stated that Iraq will cooperate with countries in the region to prevent similar incidents from happening again.The Iraqi Prime Ministers Office stated that an investigation confirmed the drone attack against Saudi Arabia originated from within Iraq, leading to the dismissal of an Iraqi military commander.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.2 (deep-focus) occurred at 05:24 on September 12 near the Java Sea in Indonesia (5.01 degrees south latitude, 106.88 degrees east longitude). The final result is subject to the official rapid report.Oracle (ORCL.N): Executive Chairman Larry Ellison adopted a new trading scheme on June 22, which is scheduled to terminate on October 24. The scheme aims to allow Oracle to sell up to 50 million shares of Oracle common stock.

AUD/USD crosses 0.6900 amid market concern ahead of an RBA rate hike

Alina Haynes

Jul 05, 2022 11:56

 截屏2022-07-05 上午9.56.29.png

 

The AUD/USD currency pair continues its recovery from the week's start, trading at approximately 0.6875 on Tuesday during the Asian session. Market caution and a weakened US dollar may be to blame for the quotation's improved performance. However, bulls appear cautious previous to the Reserve Bank of Australia's (RBA) Interest Rate Decision.

 

The US Dollar Index (DXY) is struggling to hold onto its two-day gain to 105.00 as buyers retreat from a two-week peak. In reaction to rising Treasury rates, it appears that bulls in the dollar have risen in price. Notable is the fact that benchmark 10-year Treasury bond rates retain the earlier U-turn from a one-month low at roughly 2.92 percent, up three basis points (bps) from Friday's closing.

 

The holiday in the US did not give much relief for bond bears, but higher printing of German Bunds and chatter about the US debate on eliminating Trump-era tariffs on China looked to underpin US Treasury prices. The 10-year German Bund yield rose to 1.32 percent, up at least 10 basis points from its previous level.

 

The AiG Performance of Construction Index for June in Australia fell to 46.2, below the previous level of 50.4, while the S&P global Composite PMI and Services PMI confirmed the initial June prediction of 52.6%.

 

Between now and RBA day, investors will be put to the test by concerns about the economy and China's credit situation, as well as Russian claims to full power in Lysychansk.

 

The US Factory Orders for May, expected at 0.5 percent versus 0.3 percent, might be of interest to AUD/USD traders in the future, but traders should pay close attention to risk triggers and pre-NFP sentiments, as well as the markets' reaction to the recently increased bond rates.

 

Noting that the RBA's 0.50 percent rate hike is already a certainty and looks to have been priced in, Tuesday's RBA Rate Statement will likely give extra momentum. The AUD/USD may be able to extend its recent surge for the time being if the policy announcement signals further rate hikes.


Suggestion