EUR/USD
1.17268
0.243%
Gold
4759.54
-0.124%
Oil
90.663
-1.384%
USD/JPY
159.298
0.203%
GBP/USD
1.34677
0.244%
GBP/JPY
214.543
0.466%
Real-time News
On April 12th, Bank of America released a research report on Friday, indicating that in the US, it lowered its growth forecast for this year by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the revision. The overall inflation forecast was revised upwards by 70 basis points, with core PCE now expected to reach 3.1% by the end of 2026, 30 basis points higher than previously projected. In the Eurozone, the bank lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.According to Interfax news agency, Russia claims that Ukraine violated the Easter ceasefire agreement.Saudi Energy Ministry: Efforts are still underway to restore full production capacity at the Hulas oil field.Saudi Arabias Ministry of Energy announced that the East-West oil pipeline has successfully restored full capacity, with a daily throughput of approximately 7 million barrels. Production at the Manifa oil field, which was affected by the pipelines disruption, has also recovered to approximately 300,000 barrels per day.On April 12th, it was announced that XChat, a social application under the X platform, will officially launch on the App Store on April 17th. The application emphasizes end-to-end encryption, no ads, and no tracking. From its internal beta testing in May 2025, XChat has undergone nearly a year of testing and iteration; if we consider the moment Musk acquired Twitter in 2022 with the ambition to create a Western version of WeChat, almost four years have passed.
