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Forex cross rates provide investors with the latest news and introduction of exchange rates, as well as cross exchange rate tables.Investors can know the foreign exchange cross rates between dozens of currencies on the page of "Forex Cross Rate", most of which are the most popular currencies in the world, such as euro, U.S. dollar, Japanese yen, British pound, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar. At the same time, investors will also get free access to the latest news and economic calendars of various currencies on the page of "Forex Cross Rate".
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Russian Central Bank Governor Nabiullina: Russia's insurance sector is generally stable.
German Chancellor Merz has decided to remain in power and plans to continue pushing forward with German reforms.
Financial blog Zero Hedge: Today's US CPI report shows that core CPI is already overheated, while "super core inflation" is even more intense, mainly due to historic increases in education and communication service prices, with mobile communication service prices soaring to a record high.
Nasdaq futures extended gains to 1%, while S&P 500 and Dow Jones futures rose more than 0.9%.
Analyst Chris Anstey commented that this is the penultimate CPI inflation report before the US midterm elections. It's expected that the Trump administration and Republican candidates will emphasize the core CPI year-on-year increase. As we previously pointed out, this indicator has fallen to its lowest level since the spring of 2021. However, the monthly data does not signal a cooling of inflation. For Republicans, the risk is that the positive 2.4% figure could be overshadowed by the rising gasoline prices that Americans see every time they pass a gas station.
Russian Central Bank Governor Nabiullina: 165 billion rubles will be injected into major reinsurance companies.

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