EUR/USD
1.14515
-0.143%
Gold
4054.81
-0.279%
Oil
82.443
-1.363%
USD/JPY
163.495
0.059%
GBP/USD
1.33469
-0.159%
GBP/JPY
218.220
-0.098%
Real-time News
On July 30th, Blerina Uruci, chief U.S. economist at Praxair, stated that assuming no significant rise in oil prices and low inflation, the Federal Reserve is likely to keep interest rates unchanged at its September meeting. In a report, she noted that given the number of dissenting votes at Wednesdays Federal Open Market Committee meeting and the uncertainty surrounding oil prices, market expectations for the September rate decision reflect a 50/50 probability. The market will continue to pressure the Fed and is unlikely to back down until inflation data compels it to act, maintaining its view that interest rates will remain unchanged. The June core CPI data did not influence the Feds decision, adding that Warsh is watching this trend and that "if hes lucky, this trend could work in his favor a few months later."Scotiabank lowered its price target for Meta Platforms (META.O) from $700 to $600.Local officials said a Russian missile attack in Krivirikh, Ukraine, killed six people, including children, and injured eight others.Piper Jaffray: Lowered its price target for Meta Platforms (META.O) from $800 to $785.On July 30th, Digitimes analyst Derek Huang stated in a report that the timeline for TSMCs Japanese factory to fully resume production remains to be seen due to ongoing aftershocks. He said that even if the direct financial losses to TSMC are minimal, the extended recertification time for specialized process equipment could cause greater disruption to the supply chain. TSMC stated in a press release that all personnel were evacuated following Tuesdays strong earthquake, and post-earthquake structural inspections confirmed the buildings structural safety. The company added that, however, due to the relatively strong earthquake, the inspection and calibration of related equipment will require some time.
