• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Central Command: The U.S. Navy destroyer USS Rafael Peralta is operating in the region’s waters in support of a maritime blockade of Iranian ports.U.S. Central Command: As of October 17, U.S. Central Command had guided 138 merchant ships to change course to ensure strict enforcement of the blockade measures.On October 18th, according to the Associated Press, US President Trump addressed gasoline prices at a rally in Kentucky on Saturday, claiming that the nearly eight-month-long war with Iran would soon end, at which point gasoline prices would drop below pre-war levels. The audience cheered. Its worth noting that Trump has made similar statements on multiple occasions before. Trump also reiterated a much-criticized promise: if Republicans win control of both the Senate and the House of Representatives, every American adult will receive $5,000. This plan, expected to cost over $1 trillion, not only requires congressional approval but could further exacerbate the USs nearly $1.8 trillion annual budget deficit. Furthermore, Trump made a new promise for Kentucky, stating that if Republicans win the election, the Department of Defense will invest in revitalizing a pharmaceutical manufacturing plant in the state.On October 18th, according to Fox News, Israeli Prime Minister Benjamin Netanyahu praised US President Donald Trumps handling of the Iran issue and warned that Tehrans nuclear ambitions pose a direct threat to American cities. In the program, Netanyahu stated that the Iranian leadership is attempting to dominate the Middle East, control key waterways and oil supplies, and ultimately threaten Europe and the United States. Netanyahu warned, "At that time, every single city in America will be held hostage by these fanatics and become their bargaining chips." Netanyahu also referred to Hamas, Hezbollah, and the Houthi rebels in Yemen as extensions of the Iranian leadership and believes that sustained military and economic pressure is necessary to counter the threat from Tehran. Netanyahu stated, "I think President Trumps approach has been outstanding; he has a clear stance, sound judgment, and unwavering conviction." He noted that he met with Trump at Mar-a-Lago before the last US presidential election. At that time, Trump recognized the threat posed by Irans nuclear ambitions and understood that the risks involved were not only related to Israels security.On October 18th, according to the Associated Press, US President Trump held a rally in Kentucky on Saturday to campaign for Republican candidates. Amid pressure from the midterm elections, Trump touted his power in his second term, saying, "I can do incredible things." He discussed his decision to change the US governments name for the Gulf of Mexico to "American Gulf." Trump stated, "I dont think I could have done this in my first term. In this term, I have much more power. In my first term, Google wouldnt even answer my calls. Now, they treat me like royalty." He then added, "I also renamed a lake in Canada American Lake," referring to Lake Ontario. The report noted that Trumps high-profile campaigning contrasts sharply with voter dissatisfaction with his governance as Republicans face midterm election pressure. Tariff policies and the war with Iran have driven up prices, and some voters question whether he prioritizes personal gain over national interest.

Despite caution, EUR/USD continues bids above 1.0250

Daniel Rogers

Aug 15, 2022 14:55

 截屏2022-08-15 上午11.34.43.png

 

After the US sent a delegation to Taiwan over the weekend, despite House Speaker Nancy Pelosi's contentious visit to the disputed island, which enraged Beijing, investors sought protection in government bonds and the dollar in the face of rising US-China threats.

 

Rates are also heavily influenced by the likelihood that the Fed will raise interest rates by 50 basis points (bps) in September as a result of easing US inflation pressures, with all eyes on the FOMC minutes due out on Wednesday for new information on the direction the world's most potent central bank will take its policy.

 

Despite a decline in rates and a sluggish demand for riskier assets in early Asian trades, the US dollar is holding up well. The US dollar index is trading at 105.61, unchanged from its previous close of 105.88 on Friday. Despite Wall Street's stellar performance, a substantial dollar increase was caused by stronger US Michigan Consumer Sentiment data and a dimming US inflation forecast.

 

As the European energy crisis gets worse, the gains in the common currency on the EUR side of the equation are likely to remain small. Germany is already suffering the most as a result of a decrease in Russian gas exports, which is wreaking havoc on the old continent. The Rhine's ebbing waters, which make transport along the river more challenging, could cause a recession in Germany.

 

By the end of the week, the reference level was predicted to drop below 40 centimeters in Kaub, a notorious shipping bottleneck where the Rhine flows shallow and narrow. One of the most significant goods shipped on the waterway is coal.

 

On both sides of the Atlantic, Monday's economic calendar features few noteworthy data releases. As a result, the main currency pair will continue to be influenced by the current market sentiment and dollar price action.