EUR/USD
1.15610
0.327%
Gold
4343.88
2.439%
Oil
76.270
-1.423%
USD/JPY
157.556
-0.559%
GBP/USD
1.34972
0.326%
GBP/JPY
212.662
-0.239%
Real-time News
On August 9th, regarding Fridays unexpectedly negative US non-farm payroll data, Rick Reid, Chief Investment Officer of BlackRocks Global Fixed Income division, stated that last months weaker-than-expected employment data reflects the "productivity revolution" of the artificial intelligence era. He believes the decline in non-farm payrolls reflects that US companies are learning how to expand output without increasing the number of employees. He said, "I dont think adjusting the overnight federal funds rate will really solve the problem—weve seen this before… I just think that raising rates now doesnt make much sense."The commander of the Iranian Revolutionary Guard stated that the United States and Israel have completely failed in achieving their goals against the Islamic regime, and their leaders have shown no response to their repeated failures in the face of public opinion, elites, and their own people.According to Irans Fars News Agency, Bulgaria claims that a Ukrainian drone attacked the Trans-Balkan Gas Pipeline this morning, which carries Russian gas to Europe via Türkiye.August 9th - Analysts point out that the market generally expects the US CPI to rise 0.1% month-on-month in July, after a 0.4% decline in June. The core CPI, excluding fuel and food, is expected to rise 0.2% month-on-month and 2.5% year-on-year, the smallest year-on-year increase since February. The slowdown in inflation may help alleviate inflationary anxieties within the Federal Reserve following Fridays weak July non-farm payroll report. Previously, at the July 29th meeting, three officials voted to raise interest rates. The CPI report is likely to show that energy-related price pressures have eased, pressures that intensified sharply in the months following the start of the US-Iran conflict in late February. Retail gasoline prices fell to their lowest point in nearly four months in early July before rebounding to above $4 per gallon by the end of the month. The report may also show that airfares have declined as jet fuel costs have stabilized.On August 9th, local time, the U.S. Central Command stated that on August 8th, U.S. Navy personnel were performing maintenance on F/A-18 Super Hornet fighter jets aboard the USS Abraham Lincoln aircraft carrier to ensure the carrier strike groups equipment remained operational and to continue strictly enforcing the naval blockade against Iran. As of that day, the U.S. military had diverted 53 merchant ships, rendered two ships inoperable, and boarded and inspected two other vessels. In addition, the U.S. military allowed more than 30 ships carrying humanitarian aid to pass through the blockade zone.
