EUR/USD
1.16931
-1.034%
Gold
5293.82
0.579%
Oil
70.700
5.247%
USD/JPY
157.449
0.818%
GBP/USD
1.33998
-0.572%
GBP/JPY
210.983
0.241%
Real-time News
According to Saudi media Al Hadath, Israeli officials said war preparations will continue until early next month.According to the state news agency, Jordanian King Abdullah emphasized to US President Trump his firm opposition to Iranian attacks on his territory and several other countries in the region.The Federal Reserve accepted a total of $627 million from four counterparties in its fixed-rate reverse repurchase operations.March 3 – Former US Treasury Secretary Janet Yellen stated that the duration of the impact of the Iranian conflict on the oil market will determine the extent of its damage to US economic growth and the resulting inflationary pressures, further complicating the Federal Reserves work. Speaking at a video conference in Long Beach, California on Monday, Yellen, the former Fed chair, said, "I think the recent situation with Iran has made the Fed more hesitant and less willing to cut interest rates than before this happened." Yellen pointed out that the current inflation rate is already about one percentage point higher than the Feds target. She stated that President Trumps tariff policies have contributed about half a percentage point to the current 3% inflation rate. Speaking at the S&P Global TPM26 shipping conference, she said, "Now we have the Iranian shock, and oil prices have risen sharply—we dont know what will happen in the next few days." Yellen said that if the closure of the Strait of Hormuz, through which a large volume of oil shipments from the region pass, continues for more than a few days, oil prices could remain high or rise further.U.S. Treasury Department: The Rwandan Defence Force provided support to the M23 armed group during its occupation of eastern Congo.
