EUR/USD
1.14305
0.124%
Gold
4123.87
1.140%
Oil
71.461
-4.100%
USD/JPY
162.356
-0.145%
GBP/USD
1.34131
0.181%
GBP/JPY
217.772
0.042%
Real-time News
On July 10th, Goldman Sachs announced a ban on its employees engaging in prediction market trading, with the exception of sports and entertainment betting. Goldman Sachs personal trading policy prohibits trading in event contracts related to specific companies (including Goldman Sachs), election results, or any financial market performance. Goldman Sachs stated that repeated violations of its policy could result in termination or account closure. In cases of improper trading, the bank can require the forfeiture of profits exceeding $200 or their donation to charity.July 10 - According to an Axios reporter, a senior U.S. official stated that the U.S. military was not involved in the latest attacks on Iran, which followed explosions heard in southern Iran.On July 10th, New York Fed Open Markets Account Manager Perry stated that there is no predetermined path for reserve management purchases, and the New York Feds open market trading desk can adjust the purchase volume upwards or downwards based on money market conditions. Furthermore, Perry indicated that the trading desk is prepared to implement any changes and interest rate control frameworks that the committee may decide to pursue, coinciding with Fed Chairman Warshs appointment of a working group on the Feds balance sheet. The Fed began reserve management purchases last December due to anticipated rapid reserve outflows in April, driven by tax revenue inflows into the Treasurys general account. When the Treasurys bank account balances at the Fed increase, bank system reserves decrease.European Central Bank President Christine Lagarde stated her willingness to discuss the joint EU borrowing proposal put forward by Spain, emphasizing that the digital euro will not replace cash. Negotiations are still ongoing.European Central Bank President Christine Lagarde: I will not run for the French presidential election.
