News
Japanese Finance Minister Katayama Satsuki: We will not discuss specific foreign exchange levels.
Japanese Finance Minister Katayama Satsuki: Ready to take action when necessary to deal with currency fluctuations.
Australia's S&P/ASX200 index opened down 0.3% on July 17 (Friday) to 8814.20 points.
NI225 fell 3.00% during the day and is now at 64828.46 points.
U.S. Republican Senator Bernie Moreno: I just received a briefing from the White House about tonight's speech. I encourage every American to tune in tonight to watch President Trump speak. It was perhaps the most important speech given in the Oval Office since the Cuban Missile Crisis.
NI225 fell by 2.00% within the day.
NI225 opened down 486.99 points on July 17 (Friday), or 0.73%, to 66348.55 points.
Bernstein: Raise the gold price target to $4,533 per ounce in 2026 as central banks are diversifying their reserves and the Federal Reserve is expected to raise interest rates only once or twice at most in the next year.
White House Communications Director Jerry Chang: Coward. NBC and ABC don't want you to hear the truth. They just want to hide the truth from you. (Previous reports stated that these two media outlets would not televise Trump’s prime-time speech today)
Fed Vice Chairman Jefferson: He would like to see more economic vitality, but opposes rising unemployment.
Fed Vice Chairman Jefferson: The environment of low hiring and low layoffs is driven by uncertainty, especially concerns about artificial intelligence.
Fed Vice Chairman Jefferson: The labor market is stabilizing.
US Vice President Vance: (Regarding the rumor that "Iran accused Kushner and Witkov of using diplomatic insider tips to arbitrage $9 billion") This is complete nonsense. I have never received such a message. If I had received it, I would have said this: Kushner and Witkoff are trusted members of the president's team and very dear friends of mine.
According to Iran's Tasnim News Agency: The Iranian military stated that it carried out drone attacks on US helicopters and reconnaissance aircraft at the Sakhir base in Bahrain.
According to the Wall Street Journal: The U.S. military launched strikes on multiple bridges in Iran on Thursday, aiming to cut off supply routes to Bandar Abbas Port and naval bases in the Strait of Hormuz, a senior U.S. official said. Iran uses the base to attack ships and project power.
Federal Reserve Vice Chairman Jefferson: If the demand effects caused by artificial intelligence infrastructure construction and consumption appear before the productivity dividends brought by artificial intelligence, then artificial intelligence may put upward pressure on inflation.
Fed Vice Chairman Jefferson: If improvements in artificial intelligence productivity can reduce production costs earlier, inflation may face downward pressure.
Federal Reserve Vice Chairman Jefferson: The economic impact of artificial intelligence may have a lasting impact on supply and demand.
Fed Vice Chairman Jefferson: A series of rapid shock risks may cause inflation to solidify and inflation expectations to lose their anchor.
Fed Vice Chairman Jefferson: Every factor cannot be viewed in isolation, and the overall economy must be considered when formulating policies.