EUR/USD
1.14401
0.036%
Gold
4185.07
0.246%
Oil
68.296
-0.618%
USD/JPY
161.536
0.110%
GBP/USD
1.33537
0.010%
GBP/JPY
215.715
0.119%
Real-time News
International crude oil prices are trending weakly. A chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.Spot gold and silver rebounded from their lows; a chart provides a quick overview of the pre-market prices of precious metals, converted between domestic and international markets.July 6th - Samsung Electronics, the worlds largest memory chip manufacturer, is set to release its second-quarter results on Tuesday. Analysts average forecast predicts preliminary operating profit of 84.3 trillion won (approximately $55.1 billion), an 18-fold increase year-over-year, exceeding its full-year profit for 2025. Revenue is expected to grow by 127%, reaching a record 169 trillion won. Since June, chip stocks have experienced several significant corrections due to market concerns about intensified competition, potential overcapacity, and the return on massive AI investments. This further amplifies the importance of Samsungs results, as market expectations are already high, leaving little room for the company to disappoint. Dave Mazza, CEO of Roundhill Financial, stated, "Samsungs results come at a time when the market is simultaneously questioning both the supply and demand sides of the memory chip investment logic. If the results are close to market expectations, it will help quell the controversy and benefit Samsung."Futures News, July 6th - According to foreign media reports, Malaysian crude palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open lower on Monday morning, mainly reflecting weak market fundamentals. Brent crude oil futures also fell slightly during Mondays electronic trading session. Analysts say that expected increases in Malaysian palm oil production could lead to higher inventories, impacting the early performance of Malaysian crude palm oil futures. The Malaysian Palm Oil Board will release June palm oil supply and demand data this week. A survey indicates that palm oil inventories at the end of June may rise to a record high for the same period, as production growth has outpaced demand growth. Dealers estimate that Indian palm oil imports in June may fall to a 14-month low due to weak demand and narrowing price differentials with competing oils, prompting buyers to reduce purchases. However, Indonesias mandatory B50 biodiesel blending program, implemented from July 1st, will boost domestic consumption and tighten export supplies. Combined with the El Niño phenomenon threatening palm oil production in Southeast Asia, this will limit the downside potential for palm oil prices.Samsung Electronics rose 1.9%, while SK Hynix fell slightly.
