EUR/USD
1.15610
0.327%
Gold
4343.88
2.439%
Oil
76.270
-1.423%
USD/JPY
157.556
-0.559%
GBP/USD
1.34972
0.326%
GBP/JPY
212.662
-0.239%
Real-time News
On August 9th, Cypriot Energy Minister Michael Damianos stated in an interview with US media that Cyprus is expected to begin supplying natural gas from the Eastern Mediterranean to Europe as early as March 2028. Damianos told the Associated Press that the Ukraine crisis and the Middle East conflict have destabilized global energy markets, prompting European countries to diversify their energy sources, and offshore gas fields in the Eastern Mediterranean are increasingly becoming an alternative supply route.On August 9th, a Reuters poll of economists predicted that the U.S. overall CPI annual rate would fall to 3.4% in July from 3.5% in June, while the core CPI annual rate would fall to 2.5% from 2.6% in the previous month. Economists at Citigroup believe that, as expected, if inflation readings soften for the second consecutive month, it would mean that more than one months data points to easing inflationary pressures, essentially ruling out a September rate hike. However, economists also expect core services inflation to rise slightly in July, with prices increasing by 0.3% month-on-month. This figure was flat in May and June. Bank of America analysts stated that the rebound in core services indicators may keep a September rate hike on the table. Analyst Kate Duguid said that if the latter view prevails, and inflation data is lower than expected, then the Feds rate hike may be postponed until December or later.According to Sky News: Yemeni sources say the Houthi rebels fourth wave of missile and drone attacks targeted government positions in the port of Mocha and its outskirts.According to the Syrian state news agency, the Syrian Foreign Ministry stated that Syria and Russia will begin restructuring Russias presence along the Syrian coast within the framework of a memorandum.Hamas senior official Bassem Naim: It is expected that mediators and the United States will pressure Israeli Prime Minister Netanyahu and his government to adhere to the roadmap.
