EUR/USD
1.16765
-0.012%
Gold
4594.11
1.659%
Oil
86.058
0.157%
USD/JPY
158.856
-0.123%
GBP/USD
1.36391
0.068%
GBP/JPY
216.670
-0.045%
Real-time News
Canada has announced that the meeting between the Canadian Minister in charge of Canada-U.S. trade relations and U.S. Trade Representative Greer has been postponed to 11:30 a.m. ET today (11:30 p.m. Beijing time).On August 21, the Munich-based Institute for Economic Research stated that nearly a quarter of German companies are facing a shortage of skilled workers. The institutes survey showed that in July, 23.2% of surveyed companies reported a lack of qualified skilled workers, up from 21.1% in April, but below the long-term average of 31.7%. By industry, the shortage of skilled workers has intensified significantly in the telecommunications sector, with the proportion of companies reporting this problem surging from 16.3% in April to 31.1% in July; in the consulting and auditing sector, this proportion rose from 52.4% to 64.7%; and in the manufacturing sector, the proportion of companies reporting a shortage of skilled workers was 18.7%, an increase of 4.5 percentage points from April.On August 21, an Axios analysis showed that oil prices are increasingly less responsive to Trumps social media posts about the war with Iran. Oil analyst Ben Cahill stated that in the initial weeks of the war, there was an "information vacuum" and high uncertainty regarding US policy and objectives. The market "overreacted" to a large number of posts. "For months, the market has been ignoring posts on social media because they simply dont reflect reality," he said. Many of Trumps statements about the situation in the Strait of Hormuz, policy, and war objectives have "zero correlation" with actual traffic volume in the strait. Cahill stated, "In the initial months, I thought the White House was quite successful in controlling the narrative and keeping oil prices low. But thats no longer the case."According to the Islamic Republic of Iran Broadcasting (IRIB), an Iranian naval commander stated that enemies will not be allowed to approach Iranian territory.India has announced a 625 billion rupee mobile phone incentive program.
