EUR/USD 1.15626
-0.132%
Gold 4184.85
-0.616%
Oil 85.293
0.189%
USD/JPY 160.158
0.123%
GBP/USD 1.34010
-0.108%
GBP/JPY 214.629
0.022%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Peoples Bank of China (PBOC) announced today that it conducted 393 billion yuan of 7-day reverse repurchase operations, with a bid amount of 393 billion yuan and a winning bid amount of 393 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.Chart: Speculative Sentiment Index on Friday, June 12, 2026Trump halts strikes against Iran, says peace agreement to be signed "in the coming days," causing international oil prices to plummet. A quick chart shows the pre-market conversion of domestic and international crude oil prices.According to Futures News on June 12, as of 8:30 AM Beijing time, spot platinum rose 0.56% and spot palladium rose 1.50%.June 12 (Futures News) – Since the second quarter, gold prices have continued to decline, and market pessimism has spread. Signals from the options market indicate that some traders are betting that this decline will continue for the next two years. 1. According to ThinkOrSwim and SpotGamma data, approximately $200 million in premiums were traded in the GLD options market on Wednesday, of which $130 million was related to put options. Of the top 10 contracts by trading volume, 8 were put options, and more than half of the put option premiums were traded at or above the ask price, indicating that these contracts were primarily bought. The second most traded option contract was a put contract expiring in June 2028 with a strike price of $240, priced at $11.50 per contract – this is a deep bearish bet, meaning traders expect the GLD ETF (SPDR Gold Trust) to fall by approximately 40% over the next two years. 2. Market participants told Futures Daily that the recent decline in gold prices is not due to the collapse of the long-term bull market foundation, but rather to the concentrated release of short-term macroeconomic negative factors, among which the change in expectations for the Federal Reserves monetary policy is the core negative factor. 3. Lin Zhenlong, senior precious metals analyst at Shanjin Futures, added that the core reason for the more than 20% drop in gold prices since the beginning of the year is a phased shift in market pricing power, rather than a failure of long-term logic. Long-term supporting factors such as central bank gold purchases and de-dollarization remain unchanged, but the short-term trading focus has completely shifted to interest rates. The increase in US Treasury yields and the strengthening of the US dollar have raised the cost of holding gold, triggering a sell-off by bulls. Currently, the impact of real interest rates on gold prices far exceeds traditional supporting factors such as safe-haven assets. In the medium to long term, the supporting logic for a long-term bull market in gold remains solid. However, before a substantial shift in Federal Reserve policy and confirmation that US Treasury yields have peaked, gold is unlikely to start a trend of upward movement and will most likely continue to fluctuate and consolidate at the bottom. (This content and opinion are for reference only and do not constitute any investment advice.)

Microsoft Will Implement A "Data Barrier" For EU Customers on January 1st

Aria Thomas

Dec 16, 2022 10:37

11.png


Microsoft Corp (NASDAQ:MSFT) said on Thursday that as of January 1, cloud clients in the European Union would be allowed to process and store portions of their data in the area.


The progressive implementation of its "EU data border" will encompass all of its main cloud services, including Azure, Microsoft 365, Dynamics 365, and the Power BI platform.


Since the EU enacted the General Data Protection Regulation (GDPR) in 2018, which safeguards user privacy, many corporations have grown increasingly concerned about the worldwide movement of client data.


The European Commission, the bloc's executive arm, is drafting recommendations to protect the privacy of European customers whose data is transmitted to the United States.


Microsoft's Chief Privacy Officer, Julie Brill, told Reuters, "As we dove more into this initiative, we realized that we needed to take a more staged approach."


"The initial phase will focus on client data. In the subsequent phases, we will incorporate logging data, service data, and other types of data into the border "She stated, She stated that the second phase would be completed by the end of 2023 and the third phase will be completed in 2024.


Microsoft maintains over a dozen datacenters in Europe, including France, Germany, Spain, and Switzerland.


For major corporations, data storage has become so extensive and dispersed across so many countries that it is impossible to determine where their data lives and if it conforms with regulations like GDPR.


"We are developing this solution to make our customers feel more secure and to enable them to have transparent talks with their regulators about where their data is handled and kept," Brill explained.


Microsoft has stated in the past that it would contest government demands for user data and would pay any customer whose data was given in violation of GDPR.

Suggestion