EUR/USD
1.16609
-0.121%
Gold
4549.31
0.129%
Oil
105.924
0.533%
USD/JPY
160.496
0.035%
GBP/USD
1.34638
-0.087%
GBP/JPY
216.093
-0.049%
Real-time News
Futures News, April 30th: Economies.com analysts latest view: Brent crude oil futures surged in recent intraday trading, breaking through the key resistance level of $109.00, which had previously been our price target. This rally reflects a strong short-term bullish trend, with prices continuing to move along the upward trend line, providing support for current momentum. The bullish bias is further consolidated as prices remain above the 50-day EMA, showing continued dynamic support. However, after prices entered overbought territory, the Relative Strength Index (RSI) has shown initial signs of a bearish crossover, which could limit further upside potential.On April 30, Zhao Leji, Chairman of the Standing Committee of the National Peoples Congress (NPC), presided over the closing meeting of the 22nd session of the 14th NPC Standing Committee. Zhao Leji stated that the session reviewed eight draft laws, passing two of them. The newly formulated Social Assistance Law, adhering to the principles of ensuring basic needs, providing a safety net, addressing emergencies, and ensuring sustainability, is of great significance for strengthening the social safety net, promoting social equity, and maintaining social harmony and stability. The revised Prison Law improves the prison management system, further standardizes and guarantees the correct execution of penalties in prisons, and is conducive to promoting a higher level of peace and rule of law in China. The meeting conducted a second review of the draft Medical Security Law and the Law on the Protection and Quality Improvement of Cultivated Land, and conducted the first review of the draft revisions to the Law on State-Owned Assets of Enterprises, the Agricultural Law, the National Defense Mobilization Law, and the Water Law. Relevant departments should carefully study the relevant opinions and suggestions and revise and improve the drafts. Zhao Leji emphasized that members of the NPC Standing Committee and its special committees, as well as NPC officials, should perform their duties with high quality.Philippine Trade Minister: ASEAN will accelerate free trade agreement negotiations.Hungarian Central Bank Governor Varga: Hopes to avoid a recurrence of high inflation and high inflation expectations.Futures Market News, April 30th: Zhengzhou rapeseed meal futures opened higher but then fluctuated. Canadian canola futures closed higher, with the benchmark contract rising 2.16%, following the upward trend in international crude oil futures. Rapeseed meal spot prices fell slightly. Canadian canola has not yet entered large-scale crushing, but ample supply is expected in the longer term, and downstream purchasing sentiment remains cautious. Attention should be paid to the recovery of demand from aquaculture.
