EUR/USD
1.16566
0.708%
Gold
4462.86
2.969%
Oil
84.306
-0.002%
USD/JPY
158.398
-0.759%
GBP/USD
1.36203
0.658%
GBP/JPY
215.752
-0.095%
Real-time News
The main Shanghai silver futures contract rose by 2.00% intraday, currently trading at 15,937.00 yuan/kg.According to the National Meteorological Center, a tropical disturbance in the northern South China Sea developed into a tropical depression on the afternoon of August 19. Affected by the tropical depression and the southwest monsoon, parts of Hainan Island, southern Guangxi, Guangdong, Fujian, Taiwan Island, and Zhejiang will experience heavy rain or torrential rain over the next three days. Following comprehensive assessment and emergency consultation, the China Meteorological Administration has activated a Level IV emergency response for major meteorological disasters (heavy rain).On August 19th, Marvell Technology and Google announced an expanded chip development collaboration, including the granting of a warrant to Google allowing it to purchase up to $12.2 billion worth of Marvell stock. Marvell Technology stated in a regulatory filing on Wednesday that Google can purchase up to 58,970,907 shares at a price of $206.58 per share. According to the filing, nearly 1.4 million warrant shares will vest quarterly during the first year of the agreement. The remaining shares will vest in installments based on "discretionary purchases" from the third quarter of fiscal year 2027 to the end of fiscal year 2033, with each installment vesting for every $500 million in revenue generated from collaboratively developed products. According to the statement, the two companies will collaborate in the areas of AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing.On August 19, Iranian Parliament Speaker Qassem Ghalibaf visited Baghdad, the capital of Iraq. Ghalibaf expressed his hope to establish a regional order "without external interference." Iraqi President Amidi met with Ghalibaf that day, stating that Iraq supports all efforts to end regional conflict and resolve the crisis, advocating for resolving differences through constructive dialogue and diplomatic channels, emphasizing the need to uphold national sovereignty and independence, avoid escalation, and refrain from the use of force as much as possible. Iraqi Parliament Speaker Haibat Khalbsi, during his meeting with Ghalibaf, stated that Iraq is one of the countries most severely affected by the current regional situation and called on Iran to consider the special nature of the Iran-Iraq relationship and provide "special arrangements" for Iraqs oil exports through the Strait of Hormuz to protect Iraqs economic interests.Stifel: The news about the melanoma vaccine is "conceptually favorable to Maravai".
