EUR/USD
1.14296
0.117%
Gold
4123.58
1.133%
Oil
71.661
-3.831%
USD/JPY
162.374
-0.134%
GBP/USD
1.34081
0.144%
GBP/JPY
217.715
0.016%
Real-time News
Democratic Republic of Congo: The number of confirmed Ebola cases has risen to 1,792, with 625 deaths.July 10 – According to Sputnik News Agency, Russian Foreign Minister Sergey Lavrov stated at a press conference that Russia no longer believes the West is willing to negotiate on the Ukraine issue. Lavrov said, “We no longer believe the West is willing to resolve the issue through negotiations. Our previous goodwill and hope have been completely exhausted.” Lavrov added, “We have outlined our assessment of the current situation in Ukraine, including the actions of the West. While pretending to be prepared for negotiations, as the European side has already announced, the West has turned around and publicly issued an ultimatum to Russia.”On July 10th, U.S. Commerce Secretary Rutnick called on Samsung Electronics and SK Hynix to increase their memory chip production in the United States to help alleviate the global shortage of key components for artificial intelligence development. Rutnick confirmed that he is in talks with the two South Korean memory chip manufacturers but did not disclose specific details. He acknowledged that Micron CEO Mehrotra might not welcome competitors expanding their presence in the U.S., but Rutnick stated that this move is necessary to strengthen the U.S. chip supply chain. "You know, he (Mehrotra) wont like this, but I want to bring his competitors—Samsung and SK Hynix—to the U.S. to set up factories," Rutnick said. "Micron is currently in the lead. Other companies are bound to be envious, right? So they have to follow suit."Foreign central banks held -$28.605 billion in U.S. Treasury securities in the week ending July 3, compared with -$11.064 billion in the previous week.The White House: The Commerce Secretary has recommended against invoking Section 232 tariffs at this time.
