EUR/USD
1.16020
-0.013%
Gold
4558.30
2.033%
Oil
86.717
-1.172%
USD/JPY
158.894
0.085%
GBP/USD
1.33984
-0.073%
GBP/JPY
212.897
0.011%
Real-time News
Citigroup raised its price target for Amazon (AMZN.O) from $265 to $285.On March 25th, Deutsche Bank analyst Sanjay Raja stated in a report that given the sharp rise in energy prices, the Bank of Englands return to its 2% inflation target seems a distant memory. He said, "The rebound in inflation will end any discussion of interest rate cuts this year. Moreover, the risk that the Bank of England might change policy and raise interest rates can no longer be ignored." Raja noted that oil prices rose nearly 7% in March, and a similar increase is possible in April. Potential spillover effects from other consumer price index baskets are also increasing, with fertilizer prices rising and shipping costs soaring, making a second-round effect a significant possibility. He predicts that inflation will peak at around 3.5% later this year.According to Hong Kong Stock Exchange documents, Shaanxi Yuanjie Semiconductor Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.According to the latest data from the Fujairah Oil Industrial Zone in the UAE, as of the week ending March 23, total refined product inventories at the port of Fujairah were 14.021 million barrels, a decrease of 404,000 barrels from the previous week. Specifically, light distillate fuel oil inventories decreased by 53,000 barrels to 6.803 million barrels; middle distillate fuel oil inventories increased by 8,000 barrels to 1.865 million barrels; and heavy residual fuel oil inventories decreased by 359,000 barrels to 5.353 million barrels.ECB Chief Economist Lane: Wage trackers are a good leading indicator of negotiating wages.
