EUR/USD
1.15327
0.071%
Gold
4384.89
-0.534%
Oil
80.663
-1.223%
USD/JPY
159.333
-0.051%
GBP/USD
1.34904
-0.028%
GBP/JPY
214.952
-0.072%
Real-time News
JD.coms Q2 earnings call will be held in ten minutes.On August 13th, Nomura Securities strategists predicted that the Swedish central bank would keep its policy rate unchanged at 1.75% in August and maintain it throughout 2026. Despite subdued and stable inflation expectations in Sweden, stronger economic activity data, Middle East-related energy risks, and anticipated tightening by the European Central Bank have increased the likelihood of an earlier rate hike by the Swedish central bank. The bank stated, "Furthermore, the European Central Bank has already raised rates once this year, and we expect it to raise rates again in September. While we believe these pressures will not prompt the Swedish central bank to vote for a rate hike this time, the risk to our forecast for the Swedish central banks policy rate is that the rate hike could occur earlier than our current expectation of December 2027."IREN delivered Horizon 1 to Microsoft and obtained NVIDIA Exemplar Cloud certification on the GB300 NVL72 platform.The Indian rupee weakened against the US dollar on Thursday, despite both the dollar and oil prices falling. The dollar came under pressure after market concerns about a near-term Federal Reserve rate hike eased following expectations of slower-than-expected US July consumer price index growth. Analysts at Brown Brothers Harriman noted that the latest US inflation data prompted a mildly dovish shift in interest rate expectations, although the dollars overall upward trend continued. They emphasized that after the US July CPI data indicated that inflation was cooling, federal funds futures reduced bets on a September rate hike from about 50% to 35%, in line with expectations. Economies like India, heavily reliant on oil imports to meet energy needs, tend to have currencies that underperform in high oil price environments.On August 13, the Hong Kong Special Administrative Region (HKSAR) government held its first large-scale drill at the Hong Kong side of the Huanggang Port, testing the overall management of passenger and vehicle flow at the ports joint inspection building and public transport interchange, in preparation for the ports official opening. The HKSAR government stated that the early opening of the port is a shared goal of both the Hong Kong and Shenzhen governments, and Hong Kong will continue to work closely with Shenzhen to expedite all preparatory work. Once both sides confirm that the port meets the conditions for safe and smooth operation, the Guangdong and Hong Kong governments will finalize the official opening date and announce it to the public in due course.
