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2026-05-28 Thursday

2026-05-30

21:55:54

[US-Iran Clashes Resurge, Brent Crude Nears $97, WTI Reaches $91, Hormuz Stalemate Limits Gains] ⑴ Brent crude futures rose 3% to $97.14 per barrel on Thursday, while US WTI crude rose 3.1% to $91.44 per barrel. Oil prices had earlier this week fallen more than 5% due to expectations of a possible US-Iran deal. ⑵ US officials said the US military launched an attack on a military base in the southern Iranian port of Bandar Abbas, shooting down four Iranian one-way attack drones. The operation was described as defensive in nature and related to protecting the ceasefire. The Iranian Revolutionary Guard subsequently announced an attack on a US military base in response. ⑶ Trump rejected a proposal for Iran and Oman to jointly manage the Strait of Hormuz, stating that the waterway must remain open to everyone and opposing any toll system related to navigation. Oman, as a US ally, was warned by Trump. ⑷ Despite the rebound in oil prices, Brent and WTI are still likely to record their second consecutive weekly decline, as traders continue to weigh military risks against diplomatic negotiations. The American Petroleum Institute reported that crude oil inventories fell by 2.8 million barrels last week.

21:54:57

EU Secretary-General Ursula von der Leyen: The goal is to unfreeze the remaining funds of Bulgaria's recovery fund before the end of August deadline.

21:52:49

ExxonMobil executive: The global oil supply chain may take four to six weeks to return to normal after the Strait of Hormuz reopens.

21:49:01

[China Chamber of Commerce for Machinery and Electronic Products: Urges EU to Listen Carefully to Industry Voices and Avoid Negative Legislation and Policy Implementation] The China Chamber of Commerce for Machinery and Electronic Products (CCCE) issued a statement opposing the EU's new "overcapacity" tool. CCCE believes that the issue of production capacity should be viewed objectively and in the context of global division of labor and market demand. Especially for emerging industries experiencing rapid technological iteration and exponential demand growth, companies making forward-looking investments based on future demand expectations may see temporary capacity utilization rates lower than long-term equilibrium levels, a common phenomenon in industrial development. CCCE believes that all parties should respect economic laws and avoid politicizing the issue of industrial competitiveness. Recent frequent restrictive measures by the EU against China have caused deep concern among relevant Chinese industries. CCCE urges the EU to listen carefully to the voices of industry, promptly correct erroneous tendencies, avoid the implementation of negative legislation and policies, resolve differences through government consultations and industry dialogue, and jointly maintain a fair and predictable trade environment. If the EU persists in its unilateral actions and introduces discriminatory restrictive tools, CCCE earnestly requests the Chinese government to take necessary measures in accordance with international rules and Chinese law to safeguard the legitimate rights and interests of Chinese industries and the overall economic and trade situation between China and the EU. (China Chamber of Commerce for Import and Export of Machinery and Electronic Products)

21:48:10

The Federal Reserve hinted at a one-off inflation shock, and gold is searching for direction amid triple expectations. Details>

21:43:34

ExxonMobil executive: Artificial intelligence analysis has identified 150 exploration opportunities globally.

21:42:25

International Air Transport Association (IATA): International demand in April fell 5.3% year-on-year. Domestic flight demand in April remained flat year-on-year.

21:42:10

[Brazilian Central Bank Director: Monetary Policy More Effective Than a Year Ago, Household Debt Rising But Not Out of Control, Will Not Allow Iran Conflict to Transmit into Inflation] ⑴ Brazilian Central Bank's Director of Monetary Policy, Davide, stated that monetary policy is impacting household debt, which is one of the channels through which expectations are transmitted. Household debt is on the rise but not out of control, and the economy's sensitivity to monetary policy has increased. Current monetary policy is more effective than it was a year ago. ⑵ Short-term inflation expectations mainly reflect price changes and supply shocks, but they can also have ripple effects in subsequent years. The central bank is closely monitoring the de-anchoring of inflation expectations over a longer timeframe and will not allow higher expectations to translate into actual inflation, pursuing a 3% inflation target. ⑶ Regarding 2028 inflation, the central bank has all available tools, capabilities, and legal obligations to pursue its target. If 2028 expectations are impacted, it indicates that the market believes the central bank may not fulfill its inflation target, but the central bank will deliver on its promises. ⑷ The Brazilian Real has performed unusually over the past 12 months, appreciating with low volatility against the backdrop of Trump's tariff rhetoric and the Middle East conflict. A portion of GDP will grow due to the oil shock, but this growth will not translate into consumption; households will bear the shock costs, including fuel prices. After the easing cycle ends, the goal is to maintain restrictive interest rates to ensure inflation converges to the target level.

21:40:51

[The 30-Year U.S. Treasury ETF Raises Dividend Slightly to $0.1578; Shares Rise 0.2% on Thursday] ⑴ The 30-Year U.S. Treasury ETF announced a dividend of $0.1578 per share, a slight increase of 1% from the previous $0.16. The ex-dividend date is Thursday, and shareholders of record as of May 29 will receive the payment. ⑵ The ETF opened at $40.29 on Thursday, up 0.2%. Its 52-week trading range is $39.12 to $43.44, its 50-day simple moving average is $40.61, and its 200-day moving average is $41.35. ⑶ UTHY is a passively managed single-bond ETF that tracks the latest issuance of 30-year U.S. Treasury bonds. Designed for investors tracking the 30-year maturity on the yield curve, it was launched on March 28, 2023, and is managed by F/m Investments.

21:39:35

Federal Reserve's Williams: Stronger communication supports policy effectiveness

21:36:27

[US wheat, corn, and soybeans rose 2 to 4 cents, while oil prices surged amid concerns over the Strait of Hormuz negotiations] ⑴ Chicago Board of Trade wheat futures followed soybeans and corn higher as growing doubts about the reopening agreement in the Strait of Hormuz supported prices for crops used in biofuel production. CBOT July soft red winter wheat settled up 2.75 cents at $6.2525 per bushel. ⑵ Corn futures edged higher, supported by rising oil prices following the airstrikes between Iran and the US. South Korea's largest animal feed manufacturer, Nonghyup Feed, purchased approximately 133,000 tons of feed corn in an international tender on Thursday. CBOT July corn settled up 3.25 cents at $4.5575 per bushel. ⑶ Soybean futures also held firm as biofuel demand followed oil prices higher. Iran's Revolutionary Guard claimed responsibility for attacks on US military bases in response to US strikes against Iranian drones near the Strait of Hormuz. CBOT July soybeans rose 7 cents to $11.9225 per bushel. Analysts said the market has already priced in the poor condition of U.S. wheat due to drought, and will face price pressure from the harvest season in the coming months. Oil prices jumped more than 2% on Thursday, highlighting the fragility of the ceasefire agreement turning into a war-ending agreement.

21:35:28

Sources say Russia will issue 10 billion yuan of 10-year yuan-denominated OFZ government bonds.

21:34:43

Russian Defense Minister Sergei Shoigu commented on the Russian military base in Armenia: The base exists to ensure Armenia's security.

21:34:21

[Global billionaires cash out, selling over $1 billion worth of stocks in recent weeks] (1) As the stock market hits new highs, the global super-rich have chosen to cash out and exit the market, selling over $1 billion worth of stocks in recent weeks. (2) Specific transactions include: the sale of approximately $750 million worth of Carrier Global shares by descendants of the Viessmann family in Germany; the sale of approximately $175 million worth of ISS shares by Danish tycoon Henrik Linde; and the sale of approximately 10% of the shares of Australian mining services company Mineral Resources by founder Chris Ellison, cashing out A$122.5 million (approximately $87 million), marking his first reduction in holdings in nearly a decade. (3) Despite geopolitical turmoil, global stock markets continue to surge, driven by the AI boom and corporate profit growth; several investment banks, including Goldman Sachs, are optimistic about further upside potential, but some investors are concerned about overvaluation.

21:32:05

According to the Wall Street Journal, Unilever will build a new research facility in the United States.

21:31:49

Federal Reserve's Williams: Persistently high inflation will require higher interest rates, not the levels we have today.

21:31:40

Federal Reserve's Williams: The Fed's monetary policy is somewhat restrictive.

21:30:03

Record-breaking 78 consecutive days of negative values: Permian natural gas is still "paying to stay afloat". Details>

21:30:01

Total CEO: Our oil traders decided to buy large quantities of Middle Eastern oil after noticing the U.S. Navy's ship buildup in the Persian Gulf in February.

21:29:51

Federal Reserve's Williams: The path of monetary policy depends on data, outlook and risks, and monetary policy is in the position we want it to be, a good position.

21:27:20

"We are experts in the oil and gas business, so we will not stray from this core track," an ExxonMobil executive said at the Bernstein conference.

21:27:13

Federal Reserve's Williams: The Fed must make it clear that it will reduce inflation to its 2% target level.

21:27:01

Federal Reserve's Williams: Supply chain disruptions are worrying, caused by war.

21:26:06

[China's Cotton Sustainable Development Project to Launch Origin Assessment for Cotton Products] The 2026 China Cotton Industry Development Summit Forum opened in Chongqing on May 28. Reporters learned at the forum that the China Cotton Sustainable Development Project will launch an origin assessment for cotton products, assigning exclusive origin labels to cotton products, strengthening the promotion and use of "sustainable cotton," and unifying industry management standards. Wang Jianhong, president of the China Cotton Association, explained that "sustainable cotton" refers to cotton grown using scientific planting methods that reduce the use of pesticides, fertilizers, and human intervention without affecting yield, thus avoiding environmental pollution. "With the accelerating pace of global green and low-carbon transformation, the cotton industry is facing a new development landscape. Pursuing a green, low-carbon, and sustainable development path has become an industry trend," said Wang Jianhong. He added that assigning exclusive origin labels to cotton products is a crucial step in promoting "sustainable cotton" from the production end to the consumption end, effectively protecting the rights and interests of cotton farmers, consumers, and businesses. (Xinhua News Agency)

21:24:01

【Strait of Hormuz shipping nearly ground to a halt as US-Iran conflict leads to a sharp decline in merchant ships】 (1) On Thursday, shipping through the Strait of Hormuz was almost empty as commercial shipping companies remained on high alert due to concerns about an escalation of the US-Iran military conflict. (2) Tensions rose after the US launched its second round of strikes against Iranian military targets this week, and no merchant ships were seen passing through the strait on Thursday morning. Shipping was already sluggish on Wednesday, with only six ships passing through in both directions, including a Turkish Suezmax tanker that entered the Persian Gulf to load cargo, according to Bloomberg ship tracking data. (3) Iran claimed that several ships attempted to enter the Persian Gulf without permission last night, some of which turned back and two were intercepted, but this claim could not be confirmed as severe signal interference and navigation failures made it difficult to track actual shipping activity. Tehran said 26 ships had passed through the strait in the past 24 hours, possibly including some small coastal vessels.

21:23:26

Federal Reserve's Williams: Monetary policy needs to rely on data.

21:23:16

Federal Reserve's Williams: In the short term, inflation is expected to be around 4%, with core inflation around 3%.

21:22:49

South African Reserve Bank Governor Kaniago: The Monetary Policy Committee did discuss the possibility of a 50 basis point rate hike.

21:22:39

Federal Reserve's Williams: The Middle East wars are pushing up inflation, the impact of soaring energy prices should be short-term, and the inflationary shock may peak in the coming months.

21:21:58

Federal Reserve's Williams: Middle East conflict is driving up energy costs and impacting consumer spending.

21:21:42

Federal Reserve's Williams: Compared to historical levels, the current U.S. economy is less sensitive to shocks in oil prices.

21:21:01

Brazilian Central Bank Governor: The central bank will not allow high inflation expectations to translate into actual inflation; we will adhere to our inflation target.

21:20:28

Market news: Sources say the Russian government plans to lower the oil cut threshold to $50 per barrel in its budget rules.

21:20:15

Federal Reserve's Williams: Does not believe artificial intelligence will lead to long-term structural unemployment.

21:18:56

Analysis of the Fed's Policy Evolution: Understanding the Logic Behind Gold and Tech Stocks Details>

21:18:52

Goldman Sachs President John Waldron: We have been involved in a significant number of large infrastructure financings, some of which are related to artificial intelligence.

21:18:43

Federal Reserve's Williams: Without investment in artificial intelligence, U.S. demand will weaken.

21:18:31

[US-Iran Conflict Pushes Up Grain Futures, Crude Oil Returns to $90] (1) Grain futures on the Chicago Board of Trade rose in pre-market trading as renewed clashes between the US and Iran raised concerns about the peace process, and risk premiums were re-included in prices. (2) The Hightower Report stated that a 2% rise in crude oil prices, returning to above $90 per barrel, was the driving force behind the increase in grain prices; crude oil is correlated with grain prices because crops are used as feedstock for renewable fuels and are blended with gasoline. (3) In pre-market trading, the most actively traded corn futures rose 0.7%, soybean futures rose 0.6%, and wheat futures climbed 0.4%.

21:17:35

Federal Reserve's Williams: Our economy is robust and the underlying labor market is performing well.

21:16:17

Federal Reserve's Williams: Artificial intelligence will have a lasting impact on productivity.

21:15:42

German Finance Minister Klinger: Hopes that a package of EU market integration and regulatory measures will be passed this year.

21:15:22

ExxonMobil executive: Doha branch is "basically operating normally".

21:15:14

Palm oil market analysis: A confluence of bullish factors drives Malaysian palm oil futures higher for two consecutive days. Details>

21:15:10

Federal Reserve's Williams: America's dynamism has driven productivity gains.

21:15:02

Federal Reserve's Williams: Some of us saw productivity gains predate the rise of artificial intelligence.

21:14:50

A spokesperson for the French Ministry of Foreign Affairs stated: Given that Europe's own interests are affected and that it possesses various tools (especially sanctions) in the relevant negotiations, it is crucial for Europe to participate as a negotiating party.

21:14:30

Goldman Sachs President John Waldron: Geopolitical supply shocks could intensify; fiscal imbalances remain a major problem.

21:13:42

Goldman Sachs President John Waldron: The labor market is actually quite resilient. Inflation is likely the single biggest risk factor.

21:13:26

A spokesperson for the French Foreign Ministry stated that Europe should avoid focusing excessively on "who will act as mediator" and instead concentrate more on the substantive content of mediation with Russia.

21:12:11

[Space Computing Power Gains Popularity; Space Economy Market Size May Exceed One Trillion Dollars] This year, the concept of space computing power has garnered increasing attention. Recently, the Ministry of Industry and Information Technology stated its support for forward-looking research on space computing power technology and the orderly promotion of the space computing power industry's development. Space computing power refers to deploying computing hardware such as chips and servers directly onto satellites in space, allowing the satellites to process data in orbit. Its advantages are mainly reflected in "real-time performance" and "coverage." Industry institutions predict that by 2030, the global space economy market size will exceed one trillion dollars. Among them, space computing power is a crucial infrastructure. It is understood that the domestic industry is currently building a larger-scale computing power constellation and tackling core technologies. In April of this year, the Space Computing Power Innovation Center, involving multiple parties from industry, academia, and research, was launched in the Beijing Economic-Technological Development Area. At the same time, a "List of Key Common Technologies for Space Computing Power" was released, focusing on core links in the industrial chain such as reusable rockets, space photovoltaics, laser communication, and radiation-resistant chips. The maximum funding for a single project could reach 10 million yuan in the future. (CCTV Finance)

21:11:49

Goldman Sachs President John Waldron: Consumers are extremely resilient.

21:11:40

German Finance Minister Klinger: The E6 countries hope to reach a common position on the European Commission's proposal on securitization.

21:11:31

Officials from the Africa Centres for Disease Control and Prevention: The number of confirmed Ebola cases in Uganda has increased to eight.

21:11:23

Goldman Sachs President John Waldron: We are in a world of very strong nominal growth.

21:11:15

German Finance Minister Klinger: The E6 countries will discuss how to deepen the capital markets union.

21:11:03

German Finance Minister Klinger: It is necessary to mobilize private investment, and the EU Capital Markets Union is crucial for this.

21:10:11

German Finance Minister Klinger: Europe must strive for greater independence, and this work must be done faster than ever before.

21:09:50

Anthropic has opened an office in Milan, Italy.

21:09:02

Fed mouthpiece Nick Timiraos: Housing-related prices remained strong in April, rising 0.53%, pushing the year-over-year increase to 3.2% from 3.0% in March. This indicator was 4.2% in April 2025.

21:08:53

[New York Fed President Williams Avoids Discussing Monetary Policy, Focuses on Productivity Identification Challenges] ⑴ New York Fed President Williams delivered a keynote address at the Reykjavik Economic Conference, but did not comment on monetary policy. He has a voting right at the conference and leans towards a centrist stance. ⑵ Williams' speech focused on productivity gains, noting that identifying structural changes in real time is extremely difficult, and expectations for future growth often adjust gradually as potential productivity growth changes. ⑶ He stated that in the initial stages of an economic transformation, productivity growth may be more of a temporary phenomenon than a permanent shift.

21:08:35

Nick Timiraos, the Fed's mouthpiece, said that core service prices in the U.S., excluding housing, rose modestly in April, increasing by only 0.12%. The year-over-year increase remained at 3.5%, slightly higher than the 3.2% in April 2025.

21:06:45

[Williams: Impact of Productivity Changes on Interest Rates "Depends on Specific Circumstances"] (1) Federal Reserve official Williams stated that it is currently unclear how the increase in productivity will ultimately affect interest rates and the Fed's policy-making. (2) He said the impact "depends on specific circumstances," depending on the nature of the productivity change itself and its expected duration. (3) Fed officials are assessing the impact of recent productivity leaps and the anticipated effects of AI technology on inflation and the labor market, with several officials expressing uncertainty about this.

21:06:26

May 28th US Market Update: Support and Resistance Levels for 18 Commodities (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and 10 Currency Pairs) Details>

21:06:04

The preferential interest rate of the central bank of South Africa in May - the loan base rate

Previous : 10.25% Forecast : -

Published Value 10.50%

21:05:38

The benchmark interest rate of the central bank of South Africa in May - the repo rate

Previous : 6.75% Forecast : 7%

Published Value 7%

21:05:06

[US economic data mixed, Treasury yields fall] (1) US durable goods orders rose 7.9% in April, far exceeding market expectations of 3.5%, but were mainly driven by a surge in orders for non-defense aircraft equipment. (2) The second estimate of first-quarter GDP growth was unexpectedly revised down from 2% to 1.6%; weekly initial jobless claims rose to 215,000 (previous value revised up to 210,000), exceeding expectations, indicating that companies are laying off workers at an accelerated pace. (3) The PCE inflation rate rose as expected from 3.5% to 3.8%. After the data was released, the 10-year US Treasury yield fell from 4.508% to 4.485%, and the 2-year yield fell from 4.070% to 4.045%.

21:04:22

The Israeli military said it had struck more than 150 Hezbollah targets in Tyre, Nabatieh and the Bekaa Valley in the past 24 hours.

21:03:38

[Real-world testing shows 6G terminal prototype system can achieve downlink peak speed of 10Gbps] On May 28, the China Telecom Research Institute, China Telecom Hubei Branch, and CITIC Mobile Communications Technology Co., Ltd. jointly conducted a downlink peak speed test of a 6G terminal prototype system in Wuhan. The results showed that the downlink peak rate of a single terminal reached 5Gbps, and the system's downlink peak rate reached 10Gbps, effectively verifying the enormous potential of 6G technology in terms of throughput and spectrum efficiency. (Xinhua News Agency)

21:02:56

The yield on the 10-year U.S. Treasury note fell on the day, last quoted at 4.473%, down 0.8 basis points.

21:02:45

The South African Reserve Bank projects GDP growth of 1.2% in 2026 (previous estimate 1.4%) and 1.7% in 2027 (previous estimate 1.9%).

21:02:29

South African Reserve Bank: Markets now expect major central banks to raise interest rates this year, global economic growth forecasts have been revised down, while inflation forecasts have been revised up.

21:01:08

South African Reserve Bank: A prolonged Straits Times closure would push inflation to 5%, and two more rate hikes are expected, with a worst-case scenario of three additional rate hikes.

21:00:56

South African Reserve Bank: Fuel inflation is projected to be 15.6% in 2026.

21:00:48

[Global Growth Slows, Inflation Rises: South African Reserve Bank Lowers Two-Year Outlook; Hormuz Closure Imposes Three Rate Hikes] ⑴ The South African Reserve Bank (SRB) stated on Thursday that its global growth forecast has been lowered, while its inflation forecast has been revised upward. The market currently expects major central banks to raise interest rates this year. ⑵ The SRB has lowered its domestic growth forecast for the next two years, citing downside risks to growth. Inflation faces upside risks, with all forecasts including a second-round effect, though this has not yet been clearly confirmed by data. ⑶ All three scenarios indicate higher inflation and slower growth, with all pointing to further monetary policy tightening. If the Strait of Hormuz closure is prolonged, inflation will reach 5%, requiring two more rate hikes; in the worst-case scenario, three additional rate hikes are needed.

21:00:05

Russia's gold and foreign exchange reserves for the week ending May 22

Previous : 7689 Forecast : -

Published Value 7538

20:59:50

US Treasury Secretary Bessenter: Iran's economy and currency are in freefall. Sanctions have been imposed on Iran's Persian Gulf Straits Authority.

20:59:04

U.S. Treasury Secretary Bessant: The U.S. Treasury Department continues its economic strikes against the Iranian regime. Iranian troops are not being paid, police are not on duty, and Kharg Island has been closed.

20:58:48

US Treasury Secretary Bessant: Businesses and countries have been warned against paying tolls to Iran. (Regarding the Iran issue) Good negotiations will end this "spiral".

20:56:52

Federal Reserve's Williams declined to comment on the near-term monetary policy outlook.

20:56:32

Federal Reserve's Williams stated that it's difficult to detect fundamental changes in productivity in real time, and higher productivity can raise real interest rates. The government will cut off Iranian airlines' access to landing sites and fuel services, and will also restrict their right to sell tickets.

20:55:12

Fed mouthpiece Nick Timiraos: Core PCE prices rose 0.24% in April. While this is the most modest month-over-month increase in the index over the past five months, it still stands at an annualized rate of 2.9%. The 3-month and 6-month annualized core PCE inflation rates are 3.8%, while the 12-month change is 3.3%.

20:53:34

[US inflation hits three-year high in April, spending is weak, economic growth revised down] (1) Affected by the situation in Iran pushing up energy prices, US inflation-adjusted consumer spending grew by only 0.1% in April, the PCE price index rose 3.8% year-on-year (the highest since 2023), and core PCE rose 3.3% year-on-year. (2) The annualized growth rate of the US economy in the first quarter was revised down to 1.6%, lower than the initial value, mainly due to the downward revision of inventory investment and consumer spending data. (3) The inflation data may reinforce the calls within the Federal Reserve that the next interest rate action may not be a rate cut; the new chairman Warsh needs to convince his colleagues that curbing inflation expectations does not necessarily require raising interest rates.

20:52:39

[German Media: Ukrainian Refugee Citizenship Application Surge May Cause Collapse of German Bureaucracy] (1) German media reports that due to the impending expiration of temporary protection in March 2027, a large number of Ukrainians may submit citizenship applications, raising concerns in Germany about a potential collapse of the bureaucracy. (2) A study by the Legal Committee of the German Association of Cities indicates that there are currently 1.3 million Ukrainian refugees living in Germany, and citizenship agencies are already working at high intensity; a surge in applications will eventually overwhelm them. (3) It is uncertain whether the EU will extend temporary protection, but many Ukrainians will meet the residency requirement for obtaining German citizenship by spring 2027. Regardless of the protection mechanism, many may strive for German passports to remain in Germany and gain legal clarity.

20:47:54

The head of the IMF's Sri Lanka mission stated that Sri Lanka still possesses strong internal potential to achieve the growth targets set by the IMF.

20:47:46

The head of the IMF's Sri Lanka mission said the IMF's 3% growth forecast was made before the latest interest rate hike, but it still seems reasonable.

20:46:55

PCE overnight surge: Monthly rate "brakes," annual rate "accelerates," who pays for gold's $10 surge? Details>

20:44:27

[US inflation hits three-year high in April; Fed may keep interest rates unchanged for long] (1) Affected by the war with Iran pushing up energy prices, the US PCE surged 3.8% year-on-year in April, the largest increase since May 2023; the March data was revised to 3.5%. (2) Core PCE, excluding food and energy, rose 3.3% year-on-year, higher than March's 3.2%. The Fed uses PCE as a reference for its 2% inflation target. (3) Financial markets expect the Fed to keep the benchmark interest rate in the 3.50%-3.75% range until 2027.

20:43:29

Fitch Ratings: War-related risks test the rating resilience of various industries in the Middle East.

20:42:08

The CEO of Royal Bank of Canada said that Canada's short-term outlook depends on the progress of the USMCA negotiations and the duration of the Middle East conflict.

20:40:49

[Durable goods orders unexpectedly jumped 7.9%, initial jobless claims rose slightly, and Q1 GDP was revised down to 1.6%] ⑴ US durable goods new orders jumped 7.9% month-over-month in April to $346 billion, far exceeding market expectations of a 3.5% increase, marking the strongest growth since May 2025. This was mainly reflected in a 21.5% increase in demand for transportation equipment, with non-defense aircraft and parts surging 165.9%. ⑵ US personal spending rose 0.5% month-over-month in April, increasing by $111.1 billion, in line with market expectations. Goods spending increased by $44 billion, with gasoline and other energy goods surging by $28.8 billion due to soaring energy prices caused by the Middle East conflict. Services spending climbed by $67.2 billion, with housing and utilities leading the increase at $22.7 billion. ⑶ US initial jobless claims in the third week of May increased by 5,000 to 215,000, slightly higher than the market expectation of an increase of 1,000, but still far below the level of the same period last year. Continuing jobless claims increased by 15,000 to 1.786 million, in line with expectations. (4) The final reading of the annualized quarterly GDP growth rate in the first quarter of the United States was revised down to 1.6%, lower than the initial reading of 2% but higher than the 0.5% in the fourth quarter of last year. This mainly reflects the downward adjustment of investment and consumer spending.

20:40:29

[Hundreds of Flour Products in Japan to Increase Prices in August] Japanese media reported on May 28 that, affected by the situation in the Middle East, several Japanese flour milling companies will raise prices on hundreds of products, including wheat flour, cake mixes, and pasta, starting in August, with some products seeing increases of up to 24%. (Xinhua)

20:40:10

The CEO of Royal Bank of Canada said in a conference call that mortgage growth continues to be affected by macroeconomic uncertainty and slowing home prices.

20:39:59

Argentina's Minister of Economy stated that the inflation rate in May will be lower than in April.

20:39:49

[Personal Spending Rises 0.5% in April, Energy Spending Surges by $28.8 Billion, Services Lead the Rise at $67.2 Billion] ⑴ US personal spending rose 0.5% month-over-month in April, an increase of $111.1 billion, a slowdown from the revised 1% increase in March, and in line with market expectations. ⑵ Goods spending increased by $44 billion, mainly driven by soaring energy prices due to the Middle East conflict, with gasoline and other energy goods spending surging by $28.8 billion. Food and beverage spending was $9.5 billion, other non-durable goods $8.2 billion, leisure goods and vehicles $8.1 billion, while automobile spending decreased by $9.2 billion. ⑶ Services spending climbed to $67.2 billion, with housing and utilities at $22.7 billion, leisure services at $12.1 billion, food and lodging at $11.3 billion, and final spending by non-profit organizations at $9.9 billion being the four main drivers.

20:39:43

The Peruvian government has approved temporary fuel subsidies to support the transportation sector.

20:39:10

[Lower-than-expected PCE eases rate hike fears; S&P 500 futures dip slightly after six-day winning streak] ⑴ The core PCE price index, released on Thursday, rose 0.2% month-over-month in April, lower than the market expectation of 0.3%. The Fed's focus on the 12-month core inflation rate rose to 3.3% year-over-year, in line with expectations, the highest level since November 2023, higher than March's 3.2%. ⑵ The market had already priced in the inflationary effects of the Iran war and the continued closure of the Strait of Hormuz, shifting expectations from rate cuts to a rate hike before the end of the year. Latest data shows that the market's priced-in probabilities of a rate hike are: 11% before the July 29 meeting, 29% before the September 16 meeting, 38% before the October 28 meeting, and 55% before the December 9 meeting. ⑶ The S&P 500 recorded its sixth consecutive day of gains on Wednesday, with a year-to-date increase of 9.9%. S&P 500 futures fell slightly by 0.2% in early trading on Thursday, while the 10-year Treasury yield rose 3 basis points to 4.51%. (4) Overall PCE inflation (including food and energy) is expected to rise to 3.8% from 3.5%, a 0.5% increase month-over-month. Initial jobless claims, April durable goods orders, and the revised Q1 GDP figures will also be released on Thursday.

20:38:45

[Gold Price Breaks Below 200-Day Moving Average: Not a Sharp Drop, but a "Slow Bleeding" Signal] ⑴ Gold prices remain sluggish. Affected by news of the US-Iran airstrikes, gold prices fell again, currently testing the 200-day moving average at $4393. This level provided precise support in March, and gold prices have not closed below the 200-day moving average since October 2023. ⑵ The problem with gold is that it has failed to function as a safe haven since the outbreak of the Iran war, and it has also failed to attract buying interest during the risk-averse rally that has driven stock markets to record highs. Market sentiment is heavy, and the technical picture is deteriorating. ⑶ The risk of the closing price breaking below the 200-day moving average has increased, but this is not a clean bearish signal. Looking back at the price action since 2010, after closing below the 200-day moving average, gold prices tend to slowly climb in the short term, subsequently lagging behind within a 30-60 day window. ⑷ Therefore, this signal suggests a "slow bleeding" decline rather than a one-time sharp drop. While the closing value of the 200-day moving average is worth noting, it should not be the primary trigger. Broader market sentiment is the dominant force, and with a lack of catalysts to change the narrative direction in the coming weeks, the risks for gold prices remain skewed to the downside.

20:37:45

EU High Representative for Foreign Affairs and Security Policy Karas: I think it is very important to promote dialogue between Ukraine and Russia.

20:37:33

The number of Americans filing for unemployment benefits for the first time rose to 215,000 last week, but despite economic uncertainty caused by the war with Iran, the number of layoffs remains low.

20:36:52

Canada's average weekly income annual rate in March

Previous : 3.36% Forecast : -

Published Value 3.50%

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Real-Time Popular Commodities

Instrument	Current Price	Change
XAU	4539.78	44.19 (0.98%)
XAG	75.274	-0.343 (-0.45%)
CONC	87.76	-1.14 (-1.28%)
OILC	91.59	-0.81 (-0.88%)
USD	98.932	-0.077 (-0.08%)
EURUSD	1.1660	0.0001 (0.01%)
GBPUSD	1.3456	0.0001 (0.01%)
USDCNH	6.7632	0.0001 (0.00%)

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