EUR/USD
1.17800
0.201%
Gold
3341.53
0.468%
Oil
66.144
-0.255%
USD/JPY
144.364
-0.374%
GBP/USD
1.36755
0.147%
GBP/JPY
197.431
-0.209%
Real-time News
Futures July 4, Economies.com analysts latest view today: WTI crude oil futures fell, but remained stable above the key support level of $65.55, which makes it possible to resume the bullish trend in the upcoming period. The recent decline is to gain the required bullish momentum to support its potential rise, in addition to the continued support of EMA50, which strengthens the strength of this level as an important support point. Therefore, we expect that the price will rise in the coming intraday trading, especially if it stabilizes above the $65.55 support level, with the target of $68.00 resistance. The expected trading range is between the $64.50 support level and the $68.00 resistance level. Todays forecast: bullish.Futures July 4, Economies.com analysts latest view today: Brent crude oil prices have declined, trying to get the right bullish momentum to help it break through the current resistance level of $68.70, trying to eliminate the obvious overbought state on the relative strength index (RSI), especially in the case of negative signals, to open up space for further gains. In intraday trading, a strong bullish wave dominated and was supported by its trading above the EMA50 moving average.On July 4, JPMorgan Chase published a research report, maintaining its positive view on Standard Chartered Group, pointing out that although Standard Chartered was involved in the lawsuit related to Malaysias 1Malaysia Development Berhad (1MDB), and was accused of allowing more than 100 intra-bank transfers between 2009 and 2013 to help hide stolen funds, the lawsuit may take several years to resolve, and it is estimated that the groups distribution of more than US$8 billion from 2024 to 2026 and the repurchase plan of US$2.75 billion in fiscal 2025 will have limited impact. JPMorgan also pointed out that in the worst case, the fine is as high as US$2.7 billion, equivalent to 37% of the profit forecast of US$5.3 billion in 2027, which is estimated to bring a 72 basis point drag on the banks Tier 1 capital ratio (CET1) in 2027, which is still within the controllable range, and it is believed that the actual penalty amount will be much lower than this. Morgan Stanley continues to list Standard Chartered as its top choice among Hong Kong banking stocks, believing that Standard Chartered is less affected by the decline in HIBOR and the risks of Hong Kong commercial real estate; and is a major beneficiary of the internationalization of the RMB; and has a clearer digital asset development strategy, which allows it to better withstand the impact of stablecoins than its peers. The target price is HK$135 and the rating is "overweight".According to TASS: Russian air defense forces destroyed 48 Ukrainian drones at night.US President Trump: Letters regarding tariffs will be sent out starting this Friday. It is expected that 10 to 12 countries will receive relevant notifications on Friday.
