News

Shane McGuire, global head of research at the Texas Teachers' Retirement System: Institutional investors have very little exposure to gold, and the real bullish logic for gold lies in gaining the approval of institutional investors.

The U.S. Department of Commerce has revised its funding agreement with GlobalFoundries under the Chip and Science Act.

Mexico will require digital platforms to protect minors from violent and pornographic content, giving them one month to comply with the law. The Mexican president stated that if the law is not followed, the government will introduce a bill to punish the platforms.

The U.S. Treasury Department lifted sanctions against the leader of the Venezuelan National Assembly.

The European Aviation Safety Agency (EASA) recommends that airlines take potential risks into account when flying in Jordanian airspace.

U.S. Embassy in Riyadh: U.S. diplomat Larson will discuss expanding cooperation with Saudi Arabia in the fields of artificial intelligence and cloud computing with the president of Microsoft's Arab region.

U.S. Embassy in Riyadh: U.S. diplomat Larson met with the president of Microsoft's Arab region.

According to reports, the US CPI rose 3.7% year-on-year in September, exceeding market expectations and extending the record of US inflation exceeding the Federal Reserve's 2% target to 66 consecutive months, more than five years. Data from Bespoke Investment Group shows that this is only the third period in the past century where US inflation has remained above 2% for at least five consecutive years. Persistently high inflation continues to challenge the Federal Reserve's path to interest rate cuts.

Russia has stated that global diesel prices will change once we begin supplying diesel.

The UK has added Venezuela's Amazon region to its list of prohibited travel areas.

The Ukrainian parliament says the Council of Europe has today allocated €2.86 billion to support Ukraine’s defense capabilities.

According to Al Arabiya TV, Russia has stated that it is prepared to transfer all of Iran's enriched uranium if necessary.

The Dow Jones Industrial Average opened down 71.59 points, or 0.14%, at 51,598.51 on Wednesday, October 14; the Nasdaq Composite Index opened down 166.08 points, or 0.61%, at 27,038.30; and the S&P 500 Index opened down 29.80 points, or 0.38%, at 7,775.65.

Bank of America (BAC.N) opened down 8%, hitting its lowest point since May, after its third-quarter earnings missed expectations.

White House National Economic Council Director Hassett: Core inflation this month was just a minor fluctuation.

White House National Economic Council Director Hassett: The strength of the economy is slightly reflected in the inflation data.

White House National Economic Council Director Hassett: The current state of consumer spending is quite healthy. The upcoming holiday shopping season is expected to be excellent.

White House National Economic Council Director Hassett: Signs of a strong economy are obvious.

White House National Economic Council Director Hassett: Looking at the overall data, there are many positive signs. Today's headline news is indeed the energy shock.

UK Energy Secretary: We have all the information about the Jackdaw gas field, and the relevant departments have completed their review, so a decision will be made soon.