EUR/USD
1.15725
0.076%
Gold
4094.41
2.260%
Oil
59.869
0.323%
USD/JPY
154.050
0.407%
GBP/USD
1.31852
0.171%
GBP/JPY
203.122
0.578%
Real-time News
On November 10th, Federal Reserve Bank of New Yorks Mary Daly stated that the U.S. economy may be suffering from weak demand, while tariff-related inflation currently appears to be under control. Daly, who is not currently a voting member of the Federal Open Market Committee (FOMC) and did not specify what action would be taken at the upcoming December meeting, said, "To formulate the right policy, its necessary to maintain an open mind and dig deep into the evidence on both sides of the debate." Daly added, "So far, the impact of tariffs has been largely confined to goods and services, with little spillover to services inflation or inflation expectations, which remain relatively firmly anchored near our target."A poll by NHK (Japan Broadcasting Corporation) shows that Prime Minister Sanae Takaichis cabinet has an approval rating of 66%.PayPal (PYPL.O) has introduced its fee-free "buy now, pay later" service to Canada.Barrick Mining Corp. raised its quarterly dividend and expanded its share buyback program following a record surge in gold prices. According to a statement released Monday, one of the world’s largest gold producers increased its quarterly dividend by a quarter to 12.5 cents per share and approved an additional 5-cent performance dividend per share for the previous three-month period. The Canadian company said its board also authorized an additional $500 million in share buybacks, given “exceptionally strong cash flow,” following a $1 billion buyback so far this year. Barrick generated a record $1.5 billion in free cash flow after producing 829,000 ounces of gold in the third quarter.Iraqs State Oil Marketing Organization (SOMO) has cancelled three shipments of crude oil originally scheduled for delivery by Lukoil in November.
