EUR/USD
1.16042
-0.176%
Gold
4509.98
-0.741%
Oil
99.801
1.564%
USD/JPY
159.112
0.121%
GBP/USD
1.34241
-0.080%
GBP/JPY
213.603
0.046%
Real-time News
Bank of England Monetary Policy Committee member Taylor: The probability of an economic recession has risen to 30% to 40%.The number of Americans filing for unemployment benefits for the week ending May 16 was 209,000, compared with expectations of 210,000 and a revised figure of 212,000 for the previous week (originally reported as 211,000).On May 21st, bettors on the prediction website Polymarket predicted that SpaceXs market capitalization upon its IPO will almost certainly exceed $1 trillion, with a 73% probability of surpassing $2 trillion. These bets are tied to SpaceXs closing market capitalization on its first day of trading. The company plans to list in June, with an expected target valuation exceeding $1.5 trillion. Furthermore, data from Polymarket shows a 17% probability of its market capitalization exceeding $3 trillion and a 2% probability of exceeding $4 trillion. The prediction website launched betting on SpaceXs market capitalization approximately two weeks ago, but trading in these contracts is currently thin, possibly indicating that outsiders are cautiously optimistic about these probabilities. If SpaceXs market capitalization does indeed exceed $2 trillion, its size will surpass at least two of the seven largest U.S. stocks: Meta Platforms (META.O) and Tesla (TSLA.O), whose current market capitalizations are approximately $1.5 trillion and $1.6 trillion, respectively.Bank of England Monetary Policy Committee member Taylor: I think we are probably actually at a level about 100 basis points above the neutral rate.The Xiaomi YU7 GT with full configuration is priced at 429,900 yuan.
