EUR/USD
1.11412
-0.104%
Gold
4028.01
-0.962%
Oil
100.088
-1.113%
USD/JPY
157.855
0.016%
GBP/USD
1.33146
-0.083%
GBP/JPY
210.181
-0.057%
Real-time News
Barclays: Lowered its price target for Now Services (NOW) from $160 to $152.Volkswagens CFO: It is impossible to predict whether an agreement can be reached with the union by the end of this year or early next year.The onshore yuan closed at 6.6621 against the US dollar at 16:30 on October 29, up 48 points from the previous trading day.Governor: An industrial facility in the Perm region of Russia was damaged by a Ukrainian drone attack.October 29th - The European Central Bank (ECB) is expected to keep interest rates unchanged on Thursday. This decision has already been largely anticipated by the market, so market focus is likely to shift to the recent turmoil in the French bond market and the future of ECB President Christine Lagarde. Since June, the ECB has raised interest rates twice and is expected to resume tightening in the coming months as policymakers try to prevent the impact of oil price shocks on other price and wage levels. However, the ECB also has to deal with soaring government bond yields, which have pushed up borrowing costs for households and businesses. Caught between the dilemma of inflation risks and deteriorating financing conditions, the market widely expects the ECB to keep its deposit rate unchanged at 2.5% this week, while hinting at a possible rate hike as early as December. Oliver Rakau of Oxford Economics stated, "Given that rising energy prices could lead the ECB to revise its inflation forecasts upward again, the threshold for another rate hike in December may be low."
