USDX
101.970

0.09%

XAUUSD
1927.97

0.04%

WTI
79.494

2.06%

EURUSD
1.08671

0.22%

GBPUSD
1.23911

0.11%

USDJPY
129.808

0.30%

USNDAQ100
0.12

1.39%

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Russia-Ukraine Conflict

The war between Russia and Ukraine continues, and it is difficult for the two sides to reach an agreement in negotiations. Western countries have imposed several rounds of sanctions on Russia. The outlook is unpredictable.

Situation in Taiwan Strait

Pelosi's visit to Taiwan has led to an escalation of tensions in the Taiwan Strait. Chinese Foreign Ministry spokesperson Hua Chunying said that the U.S. side and the "Taiwan independence" separatist forces colluded to provoke China, which is the fundamental reason for the tensions in the Taiwan Strait.

The Fed

The Federal Reserve (Fed), or the central bank of the United States, is responsible for regulating the U.S. monetary policy and interest rates. As a provider of liquidity for world trade, the Fed is also known as the world's central bank. Its every move affects the global economy and financial markets.

China-U.S. Relations

Focus on Pelosi's Taiwan Visit ! How will China-U.S. relations develop in the future, win-win cooperation or confrontation?

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The latest breaking news and the global financial events.

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Devin Wang

I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.

Winkelmann

7 years of stock market, foreign exchange, precious metal and other trading and analysis experience, based on fundamental, technical support, biased towards the top-down transaction logic, focusing on macro cycle and risk control, multi-purpose supply and demand theoretical prediction price Changes, balances the impact of transactions, chips distribution and market sentiment, and steady.

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[BOE] Ramsden: Favoring a Watchful and Responsive Approach to Setting Policy

FastBull Featured
Remarks of Officials
Dave Ramsden, Deputy Governor of the Bank of England, spoke at the Bank of England (BOE) Watchers' Conference on November 24, with the key points as follows.
Because of the Government's Energy Price Guarantee, there is more certainty about the outlook for energy prices and Government policy more broadly is on a more stable and predictable footing. The labor market remains tight and services inflation has hit 30-year highs. Medium-term inflation expectations, while still high, have fallen back from their peak.
Further interest rate increases are expected to be needed, and there was a high level of uncertainty around the inflation outlook. If inflationary pressures continue to increase, I would support significant rate increases. I favor a watchful and responsive approach to setting policy.
Although my bias is towards further rate hikes, if the economy develops differently from my expectation and persistence in inflation stops being a concern, then I would consider the case for reducing Bank Rate, as appropriate.

Ramsden's Speech

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