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date
04/06/2025
Hong Kong stocks related to cryptocurrency concept surged, with numerous stocks such as Oukai Cloud Chain rising nearly 80%, New Fire Technology Holdings rising over 30%, and New Huo Technology Holdings rising almost 9%. This comes after the Hong Kong stablecoin regulations were officially enacted.
Latest
6 m ago
NYMEX July gasoline futures closed at $2.0788 per gallon, while NYMEX July heating oil futures closed at $2.0999 per gallon.
7 m ago
The Shanghai Futures Exchange's crude oil futures contract for 2407 ended the night session with a 0.86% increase, closing at 469.00 Chinese Yuan per barrel. Meanwhile, Shanghai gold futures fell by 0.46% in the night session, while Shanghai silver futures rose by 0.20%.
24 m ago
On June 3rd, the White House press secretary confirmed the authenticity of a letter regarding the deadline for trade negotiations. She stated that the Office of the United States Trade Representative sent this letter to remind trading partners that the deadline is approaching and President Trump is looking forward to reaching a good agreement. According to Reuters, there are only five weeks left until the deadline for the restoration of equivalent tariffs, and the Trump administration has sent an urgent letter requesting all countries to submit their best proposals for trade negotiations by this Wednesday.
27 m ago
Federal Reserve Discount Rate Meeting Minutes: Some board members have indicated that companies in their regions have signaled potential layoffs in the future to absorb costs related to tariff increases and reductions in government funding for certain industries.
27 m ago
Minutes of the Federal Reserve Discount Rate Meeting: Several governors commented on the expected price pressures related to tariffs, including rising consumer prices. The labor market remains healthy, with some directors noting low turnover rates and limited layoffs. Given the increasing uncertainty, many directors observed that consumers and businesses have become more cautious in their spending and future plans. While most directors believed that the current economic conditions are generally stable, they also expressed concerns about the potential impact of the changing trade and other policies on economic activity, prices, and employment.
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