EUR/USD
1.17463
0.032%
Gold
4741.81
0.462%
Oil
88.973
-0.758%
USD/JPY
159.246
-0.081%
GBP/USD
1.35167
0.070%
GBP/JPY
215.253
0.002%
Real-time News
A chart summarizing the overnight price movements of international spot platinum and palladium.Geopolitical tensions exacerbated price volatility, with lingering concerns about a potential blockade of the Strait of Hormuz, leading to sharp fluctuations in international crude oil prices at high levels. A chart provides a quick overview of pre-market crude oil prices converted between domestic and international markets.According to Futures News on April 22, as of 8:30 AM Beijing time, spot platinum fell 0.03% and spot palladium fell 0.21%.On April 22nd, a research report from CICC stated that Federal Reserve Chairman nominee Kevin Warsh testified before the Senate Banking Committee, revealing his core policy stance of a two-pronged approach of "balance sheet reduction and interest rate cuts." At the balance sheet level, he explicitly opposed normalizing quantitative easing (QE), advocating for a gradual and orderly reduction of the Feds balance sheet size and a withdrawal from fiscal-like responsibilities, returning it to its monetary policy roots. At the interest rate level, although no explicit commitment was made, his statements indicated a tendency towards interest rate cuts. In our view, Warshs policy proposals are not only an adjustment to the monetary issuance mechanism but also an extension of the "America First" strategy under the wave of anti-globalization into the monetary field—shifting from a "global central bank" that endlessly injects liquidity globally to a new approach that firmly controls the overall money supply, focuses on domestic productivity, and emphasizes monetary sovereignty. We believe this shift means that the narrative of continued dollar liquidity flooding the market will face revision, and assets solely reliant on liquidity and benefiting from "dollar over-issuance" may come under pressure.April 22nd - According to foreign media reports, John Turner, Apples (AAPL.O) next CEO, faces a major challenge as he assumes the role: retaining top talent during a period of historic personnel change. After several years of relative calm, Apple has recently experienced a wave of departures—from executives to junior engineers. Turner, who will succeed Tim Cook as CEO in September, will be tasked with stabilizing the workforce. Late last year, the highly acclaimed chip business chief, Johnny Sruggie, told Cook that he was seriously considering leaving Apple. Apple recently retained Sruggie by offering him a new compensation package and a broader position—the companys first Chief Hardware Officer. Turner will need to address succession issues and the potential departures of other executives, including Mike Rockwell and several long-time leaders who are retiring soon.
