EUR/USD
1.18253
-0.350%
Gold
3660.43
-0.797%
Oil
63.622
-0.852%
USD/JPY
146.815
0.251%
GBP/USD
1.36364
-0.061%
GBP/JPY
200.207
0.196%
Real-time News
According to Nikkei: Apple (AAPL.O) hopes to increase its total mobile phone shipments by 10% in 2026, and believes that the launch of its highly anticipated foldable phone will help achieve this goal.The Dow Jones Industrial Average closed up 260.42 points, or 0.57%, to 46,018.32 on Wednesday, September 17; the S&P 500 closed down 6.41 points, or 0.10%, to 6,600.35 on Wednesday, September 17; and the Nasdaq Composite closed down 72.63 points, or 0.33%, to 22,261.33 on Wednesday, September 17.Tesla (TSLA.O) is redesigning the electric door locking mechanism.On September 18th, the Federal Reserves first interest rate cut in nine months triggered a rally in U.S. Treasury bonds, fueling market expectations that the Fed would initiate a series of aggressive rate cuts to support the economy. However, Fed Chairman Powell stated that Wednesdays rate cut was a risk management decision, arguing that a rapid adjustment of interest rates was unnecessary and that the Fed would make decisions on a meeting-by-meeting basis. This cautious statement dampened market hopes for a significant rate cut, sending U.S. Treasury bonds lower and yields higher. Gennadiy Goldberg, head of U.S. interest rate strategy at TD Securities, noted that Powells reluctance to express an overly dovish stance influenced interest rate movements, particularly as he framed the rate cut as an "insurance" measure.On September 18th, after the Federal Reserve made its interest rate decision, the "new bond king" Gundlach talked about the price of gold, which broke through $3,700 today. Gundlach pointed out that the price of gold has risen by more than 100% in the past two years and has risen by 45% so far this year. He called this trend "outrageous." Gundlach said: "Now even gold miners are participating, which shows that retail investors are beginning to join the momentum trading in the gold market." Gundlach pointed out that he has always been bullish on gold and predicted that the price of gold would reach $4,000 earlier this year. Today, he went a step further and expected the price of gold to rise by another $340 from the current level, an increase of about 9.2%. He said: "I think that by the end of this year, the price of gold will almost certainly close above $4,000."
