EUR/USD
1.14404
0.220%
Gold
4076.19
-0.782%
Oil
73.180
2.390%
USD/JPY
162.067
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GBP/USD
1.34037
0.044%
GBP/JPY
217.234
0.253%
Real-time News
A spokesperson for the Iranian Foreign Ministry stated that Iran will not agree to the request made by International Atomic Energy Agency Director General Grossi to visit the damaged nuclear facilities.On July 13th, Citigroup strategists stated that the UK stock markets strong defensive nature and heavy commodity weighting are diminishing its appeal as geopolitical tensions ease. A team led by Beata Manthey downgraded the UKs rating in their global asset allocation from "overweight" to "underweight," favoring investments in the US and Japanese markets. The team maintained a "neutral" rating for European markets excluding the UK. The team stated, "The UK markets strong defensive nature and high commodity weighting have diminished its appeal in an environment of earnings growth and market leadership diffusion." Benefiting from its approximately 10% energy stock weighting, the UK benchmark FTSE 100 index performed exceptionally well until mid-April, with energy stocks such as BP and Shell benefiting from the oil price surge caused by the Iran conflict. Meanwhile, the indexs nearly 35% allocation to defensive sectors such as healthcare and consumer staples made it a relatively safe haven during periods of geopolitical tension or economic recession. However, since the US-Iran ceasefire was announced on April 8th, the FTSE 100 has significantly underperformed.Iranian Foreign Ministry Spokesperson: The region has been in turmoil and instability for the past four months due to the presence of US troops; we have always hoped that countries in the region can learn a lesson from this.Iranian Foreign Ministry spokesman: The mediators are continuing their efforts to facilitate a settlement between Iran and the United States, including recent efforts.July 13th - Recent changes to Cainiaos domestic supply chain have attracted widespread attention both internally and externally. According to sources familiar with the matter, the previous claim that Cainiaos supply chain had "floated onto Taotian" is inaccurate. In reality, it is an N-company within Alibabas e-commerce business group, operating independently alongside Taotian, and continuing to expand its external market business. As a crucial part of Alibabas logistics system, Alibaba will continue to increase its investment in this area.
