EUR/USD
1.14304
-0.233%
Gold
4125.56
-1.984%
Oil
75.760
0.448%
USD/JPY
161.360
-0.012%
GBP/USD
1.31700
-0.258%
GBP/JPY
212.521
-0.258%
Real-time News
Futures News, June 19th - According to foreign media reports, three-month copper on the London Metal Exchange (LME) edged lower on Friday as expectations that US interest rates will remain high for an extended period pressured the market, despite some support from progress on the Middle East peace agreement. LME three-month copper fell 0.54%. The likelihood of US interest rates remaining high for an extended period increased this week, with nearly half of Federal Reserve policymakers now believing a rate hike is necessary this year. Rate hikes would dampen the demand outlook for growth-dependent industrial metals. "The US interest rate outlook has a broad impact on global commodity markets, and rising rates increase costs for importers," wrote Daniel Hynes, senior commodities strategist at ANZ Bank, in a report. Initial progress on the peace agreement between Iran and the US, and the resumption of Middle East shipping, have lowered energy prices, but the sustainability of the ceasefire remains uncertain. On Friday, US Vice President Vance canceled his trip to Switzerland for peace talks with Iran. Aluminum prices stabilized after falling earlier this week, as the Middle East conflict disrupted aluminum supplies from the Gulf region, which accounts for about 9% of global aluminum smelting capacity.Sources say autonomous driving company Momenta plans to raise about $1 billion in its initial public offering in Hong Kong.Market news: Netflix (NFLX.O) is open to reaching more cooperation agreements with traditional television companies.On June 19, Minister of Commerce Wang Wentao met with Canadian Minister of Industry Jolly, Prime Ministers Secretary to Parliament Blois, and representatives from the business community in Beijing on June 18. The two sides exchanged in-depth views on China-Canada economic and trade relations, the development of Canadian-invested enterprises in China, and key economic and trade concerns. Wang Wentao stated that both sides should fully leverage the China-Canada Joint Economic and Trade Commission mechanism as the main channel for economic and trade cooperation, consolidate the momentum of cooperation in traditional industries, vigorously expand cooperation in emerging and future industries, and strengthen the bonds of common interests. China has always valued the opinions of foreign investors and is willing to work with Canada to extend the list of cooperation and shorten the list of issues through candid dialogue and pragmatic cooperation, thereby promoting the healthy, stable, and sustainable development of China-Canada economic and trade relations.S&P 500 futures fell as much as 0.5%, while Nasdaq futures fell 0.8%.
