EUR/USD
1.17100
0.300%
Gold
4637.39
2.068%
Oil
103.241
-2.013%
USD/JPY
157.301
-1.956%
GBP/USD
1.35196
0.327%
GBP/JPY
212.668
-1.633%
Real-time News
The Bank of England will release its interest rate decision, meeting minutes, and monetary policy report in ten minutes.On April 30th, Futures News reported that while the US-Iran situation remains uncertain, its impact on the market has weakened. Regarding the Federal Reserves policy, the market is pricing in the Fed maintaining interest rates at its April meeting, with market focus on the statements comments on the impact of the Middle East crisis, the inflation outlook, and the future path of interest rates. On the supply side, raw materials remain tight overall. On the demand side, price declines have led to downstream restocking, easing wait-and-see sentiment and potentially leading to a gradual recovery in market activity. However, since April, end-user purchases have only been for immediate needs, and overall orders remain weak. Nevertheless, AI demand remains strong, indicating continued resilience in consumption. Looking ahead, tin prices may continue to face slight pressure after the holiday in early May due to the inertia of the late April adjustment. In the latter half of the month, as macroeconomic sentiment dissipates and supply-side disruptions become apparent, prices are expected to gradually stabilize. The average price of electrolytic tin in May is projected to be around 380,000 yuan/ton, with a specific price range of 357,000-413,000 yuan/ton.Bernstein: Lowered its price target for Meta Platforms (META.O) from $900 to $850.Bernstein raised its price target for Alphabet (GOOG.O) from $345 to $390.Mizuho Bank raised its price target for Qualcomm (QCOM.O) from $140 to $170.
