EUR/USD
1.14781
0.028%
Gold
4372.11
0.703%
Oil
96.033
-0.500%
USD/JPY
157.234
0.812%
GBP/USD
1.33609
0.025%
GBP/JPY
210.088
0.840%
Real-time News
Germanys August PPI month-on-month rate and the UKs August seasonally adjusted retail sales month-on-month rate will be released in ten minutes.European Central Bank Vice President Vujicic: High inflation in the fall will drag down the economy.The main palladium futures contract rose 2.00% intraday, currently trading at 310.20 yuan/gram.On September 18th, European Central Bank Vice President Aleksandar Vujic stated that market bets on further interest rate hikes by the ECB are primarily driven by rising energy prices, but policymakers will consider broader economic indicators when deciding on their next move. He said, "The pricing of the interest rate path is mainly driven by rising energy prices. I want to emphasize that we do not look solely at energy prices when making monetary policy decisions, but rather at a wider range of data and standards. Focusing solely on energy prices is not advisable, no matter how important they may be. If inflation remains high throughout the autumn and affects household income and consumption behavior, it will also have a dampening effect on GDP. We will observe the situation over the next few months and adjust policy accordingly." Global bond yields have risen to their highest levels since before the financial crisis due to rising inflation and interest rate expectations, as well as the huge borrowing needs of governments and technology companies. Vujic said these trends do not pose a threat to financial stability because eurozone banks are well-capitalized and have ample liquidity.ECB Vice President Vujicic: If inflation expectations decline over time, we may see bonds repriced.
