EUR/USD 1.18668
0.903%
Gold 3689.82
0.301%
Oil 64.169
1.844%
USD/JPY 146.448
-0.651%
GBP/USD 1.36447
0.347%
GBP/JPY 199.815
-0.307%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 17th, several major US tech companies announced they would invest over $40 billion to expand the UKs AI infrastructure, a significant boon for the country, coinciding with a state visit from President Trump. Microsoft (MSFT.O) said on Tuesday it would invest $30 billion in UK AI infrastructure and existing operations by 2028, its largest financial commitment yet in the country. Google (GOOG.O) said it would invest approximately $6.8 billion in AI, R&D, and related engineering in the UK over the next two years. Meanwhile, Nvidia (NVDA.O), OpenAI, and British company Nscale are collaborating to build AI infrastructure in the UK to meet OpenAIs computing needs. The project, called "Stargate UK," is expected to be located in northeast England and utilize tens of thousands of Nvidias Grace Blackwell Ultra graphics processing units. Among other investments, AI cloud computing company CoreWeave plans to invest approximately $2.04 billion in AI data center capacity and operations in the UK. Salesforce announced it would invest a further $2 billion in its UK operations by 2030, while BlackRock will pour £500 million into data centers across the UK.On September 17th, local time, it was learned on the 16th that Israels Intelligence and Secret Service (Mossad) deployed 100 foreign agents in Iran at the start of the Israel-Iran conflict in June of this year. Israels Channel 13 reported that day that, according to information disclosed publicly for the first time by the Israeli Mossad, the agency established a "small army" of 100 foreign agents in Iran at the beginning of the Israel-Iran conflict in June of this year. Their mission was to destroy Irans numerous missile launchers and air defense systems at the outset of the conflict. The report said that these agents were well-trained and capable of operating missile systems weighing hundreds of kilograms. These missile systems were smuggled into Iran and used to attack Iranian ballistic missile launchers and air defense missile systems. This was reportedly the largest operation by the Israeli Mossad to date.Nvidia (NVDA.O) will work with the UK to build a national artificial intelligence infrastructure and ecosystem to drive innovation, economic growth and jobs.UK Government: Salesforce announced it will increase investment in its UK operations by $2 billion by 2030.UK Government: Coreweave announces £1.5 billion investment to drive UK AI innovation and growth through sustainable computing.

International gold prices rose slightly, but the bulls must flee in time!

Oct 26, 2021 11:03

On Wednesday (October 13), international gold prices strengthened slightly, and the yields of the U.S. dollar and 10-year Treasury bonds fell slightly to bring support. Investors are waiting for the US inflation data to be released to study and judge the Fed’s policy normalization path.

At GMT+8 14:38, spot gold rose 0.15% to US$1762.76 per ounce; the main COMEX gold contract rose 0.19% to US$1762.6 per ounce; the US dollar index fell 0.15% to 94.382.


With the increase in global inflationary pressures, money market prices are reacting in advance to actively raise interest rates. The US September CPI data will be released on Wednesday at 20:30 GMT+8, and the minutes of the Fed’s policy meeting on September 21-22 will be released at 2:00 GMT+8 on Thursday (October 14).

DailyFX exchange rate strategist Ilya Spivak said: "We will see the US Consumer Price Index (CPI) data and the important September Federal Open Market Committee (FOMC) meeting minutes, so I think that after this period of consolidation, gold Will be able to obtain a directional catalyst. If the CPI data further heat up, then we may see the Fed may need to speed up the interest rate hike expectations."

St. Louis Federal Reserve Chairman Brad said on Tuesday (October 12) that he supports the Fed starting to reduce the pace of asset purchases next month and end the plan next spring to raise interest rates if necessary to keep inflation down.

In an interview with CNBC, Brad said: “The argument that inflation naturally fades is reasonable, but I only want to give this scenario a 50% possibility.” He added that he hopes to keep inflation high or otherwise for the next few months. Be prepared for the possibility of further gains. "I just want to be prepared in case we have to act in advance so that we can take action next spring or summer as a last resort."

Jeffrey Halley, senior market analyst for OANDA Asia Pacific, said in a report that risk aversion was also increasing before the US earnings season. The threat of the Fed's reduction of stimulus should limit gold's gains, and it will continue to trend downward in the coming weeks.

The International Monetary Fund (IMF) on Tuesday lowered the growth prospects of the United States and other major industrialized countries, and said that continued supply chain disruptions and price pressures hindered the recovery of the global economy from the new crown epidemic.

The IMF said that US economic growth may shrink further because its forecast assumes that the US Congress will approve President Biden’s 10-year US$4 trillion infrastructure and social expenditure plan. Lawmakers are now trying to reach a consensus on a smaller plan, and the IMF said that a significant reduction in the size of the plan would weaken the growth prospects of the United States and its trading partners.

The Democratic-controlled U.S. House of Representatives finally approved a bill passed by the Senate on Tuesday to temporarily increase the government’s borrowing limit to $28.9 trillion and postpone the risk of default until at least early December.

Suggestion