EUR/USD
1.15946
-0.391%
Gold
3327.03
-0.610%
Oil
65.071
-0.527%
USD/JPY
148.655
0.531%
GBP/USD
1.33922
-0.213%
GBP/JPY
199.089
0.390%
Real-time News
Britains five-year gilt yield rose more than 4 basis points to 4.093%, its highest level since June 16.Europes tech index rose 1.6% as chip stocks rebounded.According to the latest research by TrendForce on July 17, Korean and American memory manufacturers will significantly reduce or stop supplying LPDDR4X in 2025 and 2026. However, the specifications of the corresponding mobile phone processor chips fail to support LPDDR5X at the same time, resulting in a supply-demand gap. In order to avoid the supply gap affecting output, brand manufacturers have expanded their purchases of LPDDR4X, which is the main reason for the increase in contract prices. As mainstream suppliers reduce the production of old-generation products, the convergence of LPDDR4X supply has become an inevitable trend. Therefore, it is estimated that this wave of price increases will continue at least until the beginning of next year, and will be alleviated after brands expand the adoption of LPDDR5X.UK two-year gilt yields rose more than 5 basis points to 3.904%, the highest level since July 9.On July 17, Citigroup expected the European Central Bank to keep interest rates unchanged this month and cut rates in September, which was previously expected to be cut at the meeting next week. Citigroup strategists said in a report that they continue to predict that the European Central Bank will cut interest rates twice this year, but the timing has been adjusted to September and December, rather than the previously expected July and September. LSEG data shows that the eurozone money market currently has a low probability of expecting a rate cut before December.
