News

The UK 2-year government bond yield continues to fall, falling 9 basis points to 4.365%.

Lombardelli, Deputy Governor of the Bank of England: Businesses are facing a severe environment.

Kazakhstan's Ministry of Energy: Products refined from Russian crude oil may be sold in the Kazakh domestic market, and some may be shipped back to Russia.

Kazakhstan Energy Ministry: Kazakhstan is negotiating with Russia for the processing of Russian crude oil in Kazakh refineries.

Bank of England Deputy Governor Ramsden: Bank interest rates remain our main tool, with quantitative tightening taking a back seat.

Lumsden, Deputy Governor of the Bank of England: Compared with the overall increase in the term premium of government bonds, the impact of quantitative tightening is very limited.

According to Nikkei, Microsoft plans to maintain its multimodal strategy, allowing customers to use models from OpenAI or Anthropic when they are more suited to their needs.

Bank of England Governor Bailey: Market conditions play an important part in the judgment of quantitative tightening.

Director of the U.S. National Highway Traffic Safety Administration: The country has approved Amazon's Zoox company for commercial deployment of self-driving taxis without human control devices.

Bank of England Governor Bailey: I think we can wait and see.

Bank of England Governor Bailey: It is reasonable to wait for developments.

Bank of England Governor Bailey: There is disagreement on whether to act quickly or continue to wait and see.

The initial value of the U.S. GDP price index for the second quarter was 6.2%, which was expected to be 4% and the previous value was 3.60%.

Bank of England Governor Bailey: We are prepared to adjust our stance in response to changes in the outlook.

Germany's preliminary July CPI month-on-month rate was 0.8%, below the expected 0.7% and the previous reading of -0.30%.

Germany's initial adjusted CPI annual rate in July was 2.8%, expected to be 2.8%, and the previous value was 2.40%.

Germany's initial CPI annual rate in July was 2.8%, expected to be 2.7%, and the previous value was 2.30%.

Germany's July adjusted monthly CPI initial value was 0.9%, expected to be 0.8%, and the previous value was -0.20%.

Microsoft (MSFT.O) U.S. stocks rose more than 10% before the market opened. Its Azure cloud business grew 43% year-on-year in the fourth quarter, far exceeding expectations.

U.S. storage stocks rallied in pre-market trading, with Micron Technology (MU.O) up 3.6%, SK Hynix (SKHY.O) up 3.3%, and SanDisk (SNDK.O) up 6%.