EUR/USD
1.13314
0.131%
Gold
3330.37
1.284%
Oil
62.195
0.127%
USD/JPY
143.255
-0.156%
GBP/USD
1.32679
0.111%
GBP/JPY
190.073
-0.006%
Real-time News
On April 24, European Central Bank Chief Economist Lane said on Wednesday that the recent reduction in the allocation of US dollar assets in the portfolio allocation may mean a shift from "overweight of US dollar assets" to a more natural allocation ratio, that is, a more balanced state between US dollar assets and assets in other currencies (including the euro). Lane said in a panel discussion at the Institute of International Finance (IIF) conference that since President Trump was elected last year, the "pricing of US assets has reflected perfect expectations." He added that the recent outflow of funds from US bonds may be seen as a reconfiguration that "will either stabilize or lead to deeper reflection." In any case, he said that in most portfolios, the weight of US dollar assets will still far exceed that of euro assets.On April 24, Politico reported, citing five people familiar with the matter, that the White House is discussing whether to lift sanctions on Russias Nord Stream 2 natural gas pipeline and other potential Russian assets in Europe as part of a discussion to end the Russian-Ukrainian conflict. The pipeline is a major Russian pipeline connecting its natural gas fields to Western Europe, and lifting the current sanctions on it would be a reversal of the U.S. policy for the first time during Trumps first term. President Biden abandoned these sanctions at the beginning of his term, but reimposed them after Russian President Vladimir Putin launched a special military operation against Ukraine in 2022. Restarting Nord Stream 2 could bring a windfall to Moscow, but only if the European Union agrees to buy Russian natural gas through the pipeline again - a prospect that seems unlikely given that the EU is working to get rid of its dependence on Russian energy imports. But lifting sanctions would be a "diplomatic coup" for Russia and a major concession by Trump.According to Politico: The White House is discussing whether to lift sanctions on Russias Nord Stream 2 natural gas pipeline and other Russian assets.Foreign investors bought 100.07 billion yen of Japanese bonds in the week ending April 18, compared with 229.88 billion yen in the previous week.Japan bought 610.4 billion yen of foreign stocks in the week ending April 18, compared with 258.1 billion yen in the previous period.
