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1.17445
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Gold
4702.33
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Oil
97.600
2.241%
USD/JPY
157.623
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GBP/USD
1.35266
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GBP/JPY
213.215
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Real-time News
On May 12th, Danske Bank analyst August Hyldgaard stated in a report that Tuesdays U.S. consumer inflation data could solidify the Federal Reserves wait-and-see stance. "If the data exceeds expectations and is coupled with strong labor market data, it will allow the Fed to maintain its current wait-and-see mode."May 12th - At the 2026 APEC Food Safety Cooperation Forum held today, it was learned that in the first four months of this year, Chinas total food import and export trade reached 594.86 billion yuan, a year-on-year increase of 6.5%. Imports totaled 409.22 billion yuan, up 8.8% year-on-year, while exports reached 185.64 billion yuan, up 1.9% year-on-year. In the first four months, my countrys food imports and exports to other APEC economies totaled 350.38 billion yuan. Imports reached 229.83 billion yuan, and exports reached 120.55 billion yuan. Meat, dairy products, and alcoholic beverages accounted for 21.48 billion yuan, 20.11 billion yuan, and 11.83 billion yuan respectively. Wang Jun, Deputy Director of the General Administration of Customs, explained that the Asia-Pacific region is vast, and the resource endowments, development stages, and governance models of APEC economies are not entirely the same. China Customs is willing to further deepen cooperation with all economies, embrace the digital revolution and regulatory innovation, and promote trade facilitation through technological empowerment and digital efficiency enhancement; deepen the alignment of rules and mutual recognition of standards to build an open and transparent regional food trade system; and strengthen capacity building and collaborative governance to solidify the foundation for food safety and trade facilitation.Hungarian Finance Minister nominee Kalman: A professional and public debate on the adoption of the euro will be launched.On May 12th, Matt Hornbach, Global Head of Macro Strategy at Morgan Stanley, stated that he expects the US April inflation data to be quite "hot," the first of a series of data releases this week. This data will ultimately form the core PCE price index, the inflation indicator most closely watched by the Federal Reserve. Hornbach noted that historically, businesses havent necessarily passed on inflationary pressures to consumers, as seen in the case of the US government imposing tariffs, which didnt lead to the expected price increases. Currently, businesses face significant pressure from rising energy costs and the cost of building AI infrastructure, but it remains to be seen whether they will be able to pass all these costs on to consumers. Therefore, the bank still predicts that the Federal Reserve will maintain interest rates unchanged this year.WHO Director-General Tedros Adhanom Ghebreyesus: We cannot force countries to accept our agreements; we can only offer advice and recommendations.
