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no_data1Bitget UEX Daily | US Media Reports US-Iran Ceasefire; South Korea Chip Giants Announce Trillion-Dollar Investment Plan; AI Application Software Sector Rises Sharply2The United States is changing its "statistical methods"! Wall Street: Aims to "lower" core inflation, risk of manipulation exists3Last week, hedge funds sold US tech stocks at a record pace: chip stocks sold off for 8 consecutive days, Mag 7 dumped for 5 straight weeks
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16:55
LME copper futures closed down $79, at $13,278 per tonLME aluminum futures closed down by 92 USD at 3,088 USD/ton. LME zinc futures closed up by 2 USD at 3,474 USD/ton. LME lead futures closed down by 10 USD at 1,894 USD/ton. LME nickel futures closed down by 388 USD at 16,311 USD/ton. LME tin futures closed down by 178 USD at 50,375 USD/ton. LME cobalt futures closed flat at 56,290 USD/ton.
16:42
Adnoc's liquefied natural gas carrier spotted in the Strait of Hormuz, traders closely monitoring shipping movementsThe vessel loaded cargo last weekend at Adnoc’s Das Island export facility and is currently positioned off the northern coast of the UAE, with its next signaled destination set as Fujairah, located outside the Persian Gulf. It is not yet guaranteed that this tanker will continue through the Strait of Hormuz, as it may make an intermediate stop or turn back. (Bloomberg)
16:32
Citadel Securities warns of shifting market landscape; Waller's anti-inflation stance may weigh on risk assets.Nohshad Shah, the company's EMEA Head of Fixed Income Sales, stated in a client report that the recent decline in oil prices has done little to weaken the Federal Reserve's reasoning for raising interest rates, as underlying inflationary pressures remain high. He also pointed out that the AI-driven rally in the stock market is becoming increasingly fragile, with signs including falling computing power prices, decreasing spending on AI services, and the market's growing scrutiny over whether returns are sufficient given the high levels of investment. Read more
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