EUR/USD
1.13517
-0.255%
Gold
4079.68
-0.742%
Oil
71.787
-1.517%
USD/JPY
161.726
0.100%
GBP/USD
1.31898
-0.100%
GBP/JPY
213.318
0.005%
Real-time News
On June 24th, analysts at First Group Bank stated in a report that US long-term Treasury yields are likely to rise in the coming months due to uncertainty surrounding the inflation outlook. They noted that market concerns about the sustainability of inflation may intensify, and US inflation data could exceed expectations. "The extent to which the Federal Reserve will react to this remains to be seen," the analysts said. They believe that, combined with the US governments continued expansionary fiscal policy, the current environment suggests that long-term yields will rise. Meanwhile, short-term yields have already reflected a market expectation of more rate hikes than the groups analysts anticipated, and speculation about rate hikes will persist in the short term, suggesting that short-term yield volatility may remain high.On June 24th, Germanys IFO Business Climate Index rose to 85.6 in June, in line with market expectations. After falling to its lowest level since October 2022 in April, German business confidence rebounded in June following a recovery in May. However, the rebound remains limited, and the current level is still in its lowest range since early 2025. But at least for now, the worst effects of the Middle East crisis appear to be over, especially with rising energy prices gradually easing, a trend that provides short-term support for business sentiment. Meanwhile, both the current conditions index and the expectations index have improved further, continuing to offer some hope for an improvement in the German economy in the second half of the year. However, the real concern is that the risk of stagflation will persist for a long time. Especially with the situation in the Strait of Hormuz remaining unchanged, the global economy will have to adapt to a new normal, and this adjustment process itself implies risk—the Eurozone economy may face further pressure before it improves in the future.UN Secretary-General: Governments need to impose a windfall tax on fossil fuel companies to fund climate change adaptation.The Hang Seng Index closed up 75.9 points, or 0.33%, at 23,412.18 on Wednesday, June 24; the Hang Seng Tech Index closed up 79.8 points, or 1.81%, at 4,479.02; the H-share Index closed up 5.61 points, or 0.07%, at 7,764.97; and the Red Chip Index closed down 30.52 points, or 0.78%, at 3,858.16.SK Hynix shares rose 5.5% in after-hours trading.
