EUR/USD
1.15432
-0.450%
Gold
4285.03
-1.458%
Oil
98.892
1.826%
USD/JPY
154.529
0.550%
GBP/USD
1.34892
-0.272%
GBP/JPY
208.452
0.277%
Real-time News
The Kremlin: Any country can use its influence over Kyiv to pressure it into showing more flexibility.ECB Executive Board member Schnabel: Recent developments in energy prices are “quite worrying.”September 14th - U.S. Treasury yields surged as rising oil prices reignited inflation concerns. Strong U.S. economic growth, massive debt issuance, and escalating fiscal anxieties further fueled selling pressure in the bond market. However, Citigroup stated, "For investors who can tolerate further volatility, we believe the 20-year Treasury still offers a good risk-reward ratio." Citigroup interest rate strategist Jason Williams said, "Our confidence is based on the belief that if yields rise above 5.3%, the put option on U.S. Treasuries will strengthen." The so-called "put option" refers to the markets widespread expectation that policymakers will take action to curb the sharp rise in U.S. Treasury yields, thus providing a safety net for the bond market. He added, "We believe that unless Fed Chairman Warsh muddies the waters at this weeks press conference, it will be difficult for short sellers to push yields above 5.3%." The market expects the Fed to raise interest rates this week, but Citigroup stated that the Fed chairman does not need to adopt a hawkish stance. Williams noted, "In addition to Treasury bonds, we have always believed that corporate fixed-income plans can provide another layer of support when interest rates are above 5.3%." When Treasury yields rise, bonds become more attractive, allowing pension plans to lock in higher returns and thus help manage future liabilities.Japanese Foreign Ministry: Japanese Foreign Minister Toshimitsu Motegi held a telephone conversation with Yemeni Minister of Foreign Affairs and Immigration Afrah Zuba. The two exchanged views on the current situation in the Middle East and reaffirmed their commitment to strengthening bilateral cooperation.September 14 - According to a report released by Indonesias Meteorology, Climatology and Geophysics Agency, a 5.6-magnitude earthquake struck 186 kilometers southwest of Banten Province, Indonesia, at 16:27 local time on September 14, with a focal depth of 10 kilometers. There is no tsunami risk at this time.
