EUR/USD 1.17359
0.003%
Gold 3644.12
0.279%
Oil 62.263
0.402%
USD/JPY 147.580
0.248%
GBP/USD 1.35611
-0.088%
GBP/JPY 200.144
0.176%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 14th, local time, Robert Brovdi, commander of Ukraines unmanned systems forces, announced on his official social media platform that Ukrainian drone and special operations forces had carried out a strike on the Kirish refinery in Leningrad Oblast, Russia. Leningrad Oblast Governor Drozdenko announced on the 14th that Russian air defenses had shot down four drones in Leningrad Oblast. The wreckage of the downed drones caused a fire within the Kirish refinery complex. The Kirish refinery is one of Russias five largest refineries, with an annual production capacity of approximately 20 million tons, primarily producing high-octane gasoline and various fuels.Ukrainian military: Ukraine attacked Russias Kirishi oil refinery.Ukrainian Navy: On the night of September 11, Ukrainian Navy forces attacked a communications node at the 184th Scientific and Experimental Base of the Russian Black Sea Fleet in Sevastopol, Crimea. The communications node is responsible for command and control of the Russian Black Sea Fleets forces.On September 14th, the immigration issue continued to tear British society apart. On September 13th, local time, two opposing demonstrations broke out simultaneously in central London. Over 100,000 people participated in an anti-immigration rally organized by the far right, while approximately 5,000 people participated in an anti-racism demonstration. To maintain order and separate the two groups of protesters, London police deployed over 1,000 officers to create a "quarantine zone." At the scene, physical clashes broke out between the anti-immigration demonstrators and police.According to the Financial Times on September 14, Tesla Chairwoman Robyn Denholm defended her decision to award Musk $1 trillion in stock options, calling him a "unique" CEO who must have exerted extraordinary effort and achieved "seemingly impossible goals" to earn this historic award. Denholm said in an interview: "To achieve the vision and goals weve set, hes going to have to invest an extraordinary amount of time, energy, and effort. This is by no means a walk in the park. This is an extremely ambitious project... If he can pull it off, hes entitled to an unprecedented reward." Denholm also defended the boards "hands-off" approach to Musks controversial political stances, emphasizing that he enjoys freedom of speech and possesses the unique qualities Tesla needs.

Dollar inches higher after previous day’s jump; investors look to Fed next week

Skylar Shaw

Dec 07, 2022 15:30

微信截图_20221207101307.png


The dollar's performance was also more subdued after it spiked in the previous session on expectations that the Fed could raise rates more than previously anticipated after data showed that the U.S. services industry activity unexpectedly perked up in November. Traders presently anticipate the Fed to announce a half-point increase on December 14th.


According to Marc Chandler, chief market strategist at Bannockburn Global Forex in New York, "there aren't many new incentives." Although "there was a lot of price action yesterday," next week's Fed meeting is the main topic of discussion.


The important consumer price index data for November will also be released the following week, according to the timetable.


Chandler suggested that the dollar may be gaining from stock market bearishness, saying that the dollar "has tended to profit from a risk-off environment." The S&P 500 fell for a fourth straight session as all three of the major U.S. stock indices finished Tuesday with significant declines.


The U.S. dollar index, which compares the dollar to six significant rivals, is still up approximately 10% for the year. On Tuesday, it last increased by 0.3%.


At $1.0465, the euro was down 0.2% vs the dollar, but the dollar was up 0.1% versus the Japanese yen.

Interest rates will increase again, although they are already "quite close" their neutral level, according to policymaker Constantinos Herodotou of the European Central Bank.


Prior to the Bank of Canada's rate decision on Wednesday, the dollar was up 0.5% against the Canadian currency. Although a narrow majority of economists surveyed by Reuters anticipate a 50 basis point rate hike, traders are putting in a 73.3% possibility of a scaled-back 25 basis point boost from the BoC.


At $0.6687, the Australian dollar yesterday fell 0.1%. It increased sooner as a result of the Reserve Bank of Australia's (RBA) seventh rate increase in as many months. The RBA added that although inflation was still high, it was not on a predetermined course to tighten policy.


According to Francesco Pesole, FX strategist at ING, the Western price ceiling on Russian seaborne crude, which went into effect on Monday, may soon start to have an effect on the energy market.



Suggestion