EUR/USD
1.04810
-0.052%
Gold
2892.13
-0.031%
Oil
67.707
-0.781%
USD/JPY
149.327
-0.118%
GBP/USD
1.26937
-0.050%
GBP/JPY
189.554
-0.158%
Real-time News
On March 4, Euronext plans to integrate thousands of exchange-traded products scattered across its seven exchanges into one exchange. However, given the political sensitivity of the health of national stock exchanges, some doubt whether Euronext can achieve its goal by the end of September. Euronexts more than 3,300 ETP listed products are distributed across exchanges in Milan, Amsterdam, Paris, Oslo, Brussels, Dublin and Lisbon, with many funds listed in multiple locations. This weakens liquidity, increases trading spreads and costs, and erodes investor returns. Euronext is believed to be discussing with market participants to move all of its ETPs to one exchange, possibly in Amsterdam, or to have each of the 45 ETP issuers that use its exchange designate an exchange for its products. If these obstacles can be overcome, many in the ETF industry will welcome it.March 4th news, consulting firms have long thrived on the inefficiency of the US public sector. In the United States, they are asked to help the government perform a variety of functions, from strengthening the cybersecurity of the Department of Homeland Security to simplifying websites used by student borrowers. The US government paid $500 billion in consulting fees between 2019 and 2023. But the consulting industry is now facing a reckoning. Musk, who "wields a chainsaw", and his Department of Government Efficiency have promised to cut $1 trillion from the federal budget. This slash-and-burn approach has already led to the layoffs of thousands of federal employees. The next to be cut may be management consulting contracts. It is reported that the US General Services Administration, which manages procurement for the US government, has asked all federal agencies to list consulting contracts signed with 10 companies by the end of this week and justify them.Futures March 4th news, the latest view of analysts from Economies.com today: Spot gold prices confirmed a breakthrough of the 2868.80 level, as the daily closing price was above this level, thus activating a positive trend during the day, and it is expected that the expected gains will be achieved in the next trading session, with an initial target of testing 2900.00.Futures March 4, Economies.com analysts latest view today: WTI crude oil futures prices fell sharply yesterday, breaking through our first negative target of 68.55 and reaching the 68.00 mark, which further reinforces our expectation that prices will continue to fall within the downward channel shown on the chart. Remind you, our next target is at 67.05.Futures March 4, Economies.com analysts latest view today: Brent crude oil futures prices showed a strong negative trend yesterday, breaking through our first target of 72.70 and reaching the threshold of our second target of 71.25. We believe that the short-term and intraday downtrend will continue, and we recommend breaking through the last level to continue the bearish trend in the next period of time.
