EUR/USD
1.15335
0.049%
Gold
4050.77
-1.287%
Oil
83.164
0.624%
USD/JPY
158.291
-0.763%
GBP/USD
1.34822
0.126%
GBP/JPY
213.437
-0.617%
Real-time News
According to Israels i24News, a senior official of the Gaza Peace Committee revealed on Friday that under the proposed Gaza framework, Israels obligations would be limited to subsequent phases and would be reversible. Furthermore, the fulfillment of these obligations depends on Hamas and other armed groups fulfilling their security commitments first.The Federal Reserve accepted a total of $2.151 billion from four counterparties in its fixed-rate reverse repurchase operations.On August 1st, Federal Reserve Chairman Barkin stated that whether the Feds current interest rate level is sufficient to curb inflation is an "open question." He also indicated that he was unsure whether he would vote in favor of raising interest rates, as the other three regional Fed presidents voted this week. In an interview on Friday, Barkin said, "I think there are certainly good reasons to tighten policy and reverse some of last years rate cuts." He noted that given the slowdown in Junes inflation data, "I think its also possible... theres still time before the next meeting to determine whether the current policy stance is appropriate." Barkin will not participate in the interest rate decision vote until next year. Furthermore, Barkin expressed skepticism about whether the labor market has strengthened significantly. He stated, "I dont feel the labor market is tight." He also pointed out that the transmission of price increases in the economy is uneven, making it difficult to determine how much inflation remains.Baker Hughes Oilfield Services: The U.S. energy company has added drilling rigs for the sixth time in seven weeks.The total number of natural gas drilling rigs in the United States for the week ending July 31 was 127, unchanged from the previous week.
