Search results for "BP"
06:27

CryptoQuant Analyst: Bitcoin BP remains at a moderate level of 2.56, and caution is needed for the regular pullback risks in the rising trend.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr tweeted that despite Bitcoin reaching a historic high, the BPT indicator remains at a moderate level of 2.56, below the previous local high of 3.57. At the same time, the Realized P&L Ratio remains at an average level, indicating that the current market state has relatively lower risk compared to previous overheating periods. Technically, the price remains above the 4-year moving average and its two standard deviations, confirming that the upward trend continues. Analysts point out that we need to be wary of the regular pullback risks in the rising trend, and a BP breakthrough at 3.0 may indicate that the market is entering the later stage.
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BTC1.29%
BPT3.33%
07:58

Oil prices fall as US-Russia talks approach, European oil stocks decline.

Jin10 data on August 11 reported that as oil prices fell ahead of President Trump's talks with Russian President Putin, European oil stocks declined. Victoria Scholar, investment director at Interactive Investor, stated that this meeting may ultimately lead to the end of sanctions on Russian oil. On the London market, Shell's stock price fell by 0.5%, BP fell by 0.45%; France's TotalEnergies fell by 0.4%, Spain's Repsol fell by 0.7%, and Portugal's Galp Energia fell by 0.6%.
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TRUMP-0.14%
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11:00

The Bank of England cut interest rates by 25 BP

Jin10 reported on August 7 that the Bank of England has lowered the policy interest rate from 4.25% to 4%, marking the fifth rate cut in this round of easing, in line with market expectations.
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16:19

Insiders: BP may be sold off in parts.

Jin10 data reports on June 26 that the stock price of British Petroleum rose on Wednesday due to reports that the oil giant is in preliminary talks for an acquisition by Shell. According to CNBC, sources say that Shell is unlikely to fully acquire British Petroleum. These sources indicate that if a deal is indeed reached, it is more likely that different business zones of British Petroleum will be acquired by multiple companies.
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15:45

Reports say Shell is in preliminary talks for the acquisition of BP.

Jin10 Data, June 25 - According to informed sources, Shell is in early negotiations to acquire its rival BP, which would be the largest oil deal in decades. Negotiations between company representatives are actively underway, and BP is carefully considering this approach. The acquisition would give Shell a stronger foundation in challenging larger competitors like ExxonMobil and Chevron. BP is currently valued at approximately $80 billion, and considering the premium, this deal could ultimately become the largest oil company transaction since ExxonMobil's $83 billion mega-merger at the beginning of this century, and it will easily become the largest M&A deal of the year so far. Shell is in a favorable position in the negotiations, having significantly outperformed BP in stock price in recent years, with a market capitalization exceeding $200 billion.
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14:21

Lagarde hinted that the interest rate cut cycle is nearing its end, and the market is no longer fully pricing in another 25 BP rate cut this year.

On June 5, traders cut bets on future interest rate cuts by the European Central Bank and no longer fully priced in expectations for another 25 basis points of rate cuts this year. Money markets were pricing in a further rate cut of just 23 basis points before December, compared to 32 basis points ahead of the ECB's interest rate decision on Thursday. Short-term bonds led the decline, with the two-year German bunds yield rising as much as 7 basis points to 1.87%. Earlier, ECB President Christine Lagarde said that the central bank's interest rate cut cycle is nearing its end.
BP1.1%
04:56

Shell is reportedly evaluating the acquisition of BP, which may wait until the stock price falls further before making a move.

Shell is considering an acquisition of BP, but may wait to decide until after a fall in stock prices and oil prices. Shell's market capitalization is as high as £149 billion, which is double that of BP. A successful acquisition would make Shell a global energy supergiant, but it would face strict regulatory scrutiny. Shell may wait for bidders to act first, assessing the situation as a precaution.
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BP1.1%
12:58

Index companies have reduced the usage fees for ETFs and other indices, generally offering a 20% discount.

Jin10 data reported on April 28 that multiple fund companies have received notifications from index companies regarding the reduction of index authorization fees. The reduction plan consists of three parts: first, the annual basis point rate is lowered. After the adjustment, the basis point rates for stock index ETFs and over-the-counter funds are 0.024% and 0.016%, respectively, while the basis point rates for bond index ETFs and over-the-counter funds are both 0.008%. The basis point rate for enhanced products is set at 80% of the corresponding product type. Second, the quarterly collection minimum is lowered; for those with a quarterly collection minimum exceeding 20,000 yuan, it is uniformly reduced to 20,000 yuan. Third, for other types of indices (bond index, interbank certificate index, public sale fund index, multi-asset index, etc.) and stock index products with a quarterly average net asset value of less than 100 million yuan, there is no quarterly collection minimum, and the actual amount collected is based on the basis point rate. Before this reduction, the index usage fee was generally 3 BP, and after the reduction, the index usage fee is generally set at 80%.
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BP1.1%
11:10

2 consecutive boards of Zhongxin Fluorine Materials: The company has laid out DF and BP production capacity of 5000 tons/year, and there is significant uncertainty regarding the impact on performance in subsequent years.

Zhongxin fluorine materials have recently involved in the PEEK concept plate, the company has passed DFBP as the key raw material, has an annual production capacity of 5,000 tons, some customers have certified and started to use, and some customers are testing. Future sales are affected by market demand, pricing, quality and other factors, and there is great uncertainty about the company's performance.
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03:41

UBS: The tariff model shows that the global economy may be dragged down by 50-100 BP.

Jin10 data on April 7 reported that UBS stated in a report that global tariff models estimate that global economic growth could be dragged down by 50 to 100 basis points. UBS said, "The situation in Asia may be worse, as tariff rates are higher and the exposure to exports to the United States is also greater." UBS further stated, "We estimate that the biggest drag on growth is likely to be Thailand/Singapore (100-120 basis points), followed by Malaysia (60-80 basis points), and then Indonesia and the Philippines (30 basis points)."
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BP1.1%
03:08

Goldman Sachs: If the economy really falls into recession, the Federal Reserve may cut interest rates by 200 BP next year.

Goldman Sachs has adjusted its expectations for interest rate cuts by The Federal Reserve (FED), believing that the likelihood of an economic recession has increased. It is expected that the FED will begin a series of rate cuts in June, cutting three consecutive times by 25 basis points each, down to 3.5%-3.75%. If the recession is severe, there could be a 200 basis point cut next year. Goldman Sachs predicts a total cut of 130 basis points by 2025. Market expectations are largely consistent with Goldman Sachs' previous weighted forecasts.
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BP1.1%
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12:09

The number of active users of the TON application Blum Memepad has reached a historic high.

According to the Gate.io News bot, data from DappRadar shows that the launcher Blum Memepad of the TON application Blum set multiple historical highs on April 3. On that day, the number of independent active addresses reached 9.87k, the number of transactions reached 12.8k, and the volume reached 1.29 million USD, marking the highest level in over a month. DappRadar data indicates that the number of active addresses for Blum Memepad accounts for over 10% of the total TON. Previously, Blum, which received investment from YZi Labs, announced plans for an airdrop during Q2-Q3. Users must meet three conditions to qualify for the airdrop: a minimum of 100k BP, a minimum of 750 MP or completed PoA, and at least 2 referrals. Currently, no snapshot has been taken. Source: Wu Shuo
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TON-0.19%
BLUM-6.84%
MEPAD-0.61%
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22:07

The Central Bank of Brazil raised interest rates by 100 BP for the third time, indicating a reduction in the pace of rate hikes.

On March 20, Jinshi Data reported that on Wednesday local time, the Central Bank of Brazil raised interest rates by 100 basis points for the third consecutive time to 14.25%, the highest since 2016, in line with expectations, and the rate decision was unanimously approved. The Central Bank of Brazil maintains its previous forward guidance and indicated that the rate hike will be smaller at the next policy meeting as it is monitoring signs of economic slowdown.
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BP1.1%
14:45

Canada's Central Bank cut interest rates by 25BP as scheduled

On January 29, 2025, the first Intrerest Rate resolution was announced. The Central Bank of Canada lowered the interest rate by 25 BP to 3.00%, which is in line with market expectations and marks the sixth consecutive rate cut at a meeting. The previous two meetings both cut interest rates by 50 BP.
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BP1.1%
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11:45

CEO of British Petroleum: Windfall tax damages the development of the energy industry

Enquest CEO of BP said that the windfall tax imposed by the UK on energy companies is causing damage to the energy industry. About six companies have left or decided to leave the UK, slowing down investment and causing the energy industry to stagnate. Despite increasing investments in Asia, the company still sees value in being listed in London.
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05:13

Citigroup slightly lowers South Korea's GDP growth forecast for next year to 1.5%, expects the Central Bank of South Korea to cut interest rates next month.

Jinshi data, December 12 news, Citigroup released a report, indicating that the severity of South Korea's economic sentiment deterioration is more serious than expected this month, and slightly lowered the GDP forecast for South Korea for the next two years by 0.1 percentage points to 2.1% and 1.5% respectively. The bank slightly lowered the GDPrise forecast for the end of this year in South Korea by 0.1 percentage point, to a quarterly rise of 0.3%, while raising next year's first quarter GDPrise forecast by 0.1 percentage point, to a quarterly rise of 0.6%. Looking ahead to the first quarter of next year, the bank expects South Korea to adopt an expansionary policy combination, including the Central Bank of South Korea reducing interest rates to 2.75% in mid-January, and the government proposing an additional budget of 30 trillion won (equivalent to about 1.1% of next year's GDP). The bank expects the Central Bank of South Korea to cut interest rates by 25 BP in January, April, July, and October next year, with the final Intrerest Rate expected to be 2%.
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BP1.1%
09:37

Galaxy Securities Chief Economist Zhang Jun: Central Bank may take greater measures to cut interest rates and reserve requirements

Jinshi data on December 9th, implemented a moderate easing monetary policy for the first time in 14 years. Zhang Jun believes that the Central Bank will take greater efforts to cut interest rates and reserve requirements, with a total policy interest rate reduction of 40-60 basis points (BP) throughout the year, guiding the 5-year LPR down by 60-100 BP. The total reserve requirement reduction may reach 150-250 BP throughout the year.
BP1.1%
19:39

Powell says the Fed can be more cautious without changing expectations of interest rate cuts overall

Fed Chairman Powell said the economy is performing strongly and policymakers should be more cautious in cutting interest rates, trying to find a neutral stance. This is in line with more cautious policymakers and echoes the view that the Fed can "carefully" consider rate cuts without acting hastily. Powell's comments did not change the expectation of another 25 BP rate cut in December.
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BP1.1%
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22:24

There is a 98% probability that the Fed will cut interest rates by 25 BP in November

On November 5th, according to CME's 'Fed Watch', the probability of the Fed lowering the interest rate by 25 basis points in November is 98%, and the probability of maintaining the current interest rate is 2%. The probability of maintaining the current interest rate in December is 0.3%, the probability of a cumulative interest rate cut of 25 basis points is 17.9%, and the probability of a cumulative interest rate cut of 50 basis points is 81.7%.
BP1.1%
06:55

Refining profit shrinkage, BP expects Q3 debt burden to increase

BP expects net debt to rise in the third quarter, with a decline in refining business expected to reduce company profits by $4 billion to $6 billion. The total proceeds from asset divestments in the second half of the year will be $20 billion to $30 billion, exacerbating the softness in the oil industry in the third quarter. Doubts about the strength of demand and concerns that market plans to restore idle production capacity will lead to oversupply are the reasons for the weakness in the oil industry.
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BP1.1%
22:04

The probability of the Fed cutting interest rates by 25 BP in November is 70.4%, while the probability of not cutting interest rates has risen to 29.6%.

Jinshi Data October 10 report, according to CME's 'Fed Watch': The probability of the Fed lowering 25 basis points by November is 70.4%, and the probability of keeping the current interest rate unchanged is 29.6%. The probability of cumulative interest rate cuts of 50 basis points by December is 65.3%, the probability of cumulative interest rate cuts of 75 basis points is 8.7%; the probability of cumulative interest rate cuts of 100 basis points is 0%.
BP1.1%
07:13

Several officials of the Federal Reserve will deliver speeches tonight one after another.

Golden Finance reported that several Federal Reserve officials, including Powell, Collins, Cugler, Bauman, Williams, Ball, and Cook, will deliver speeches tonight. Previously, the Fed initiated an interest rate cut cycle of 50 BP, and the market has been pricing the remaining interest rate cuts for this year. As the first week after the Fed meeting, the officials' remarks tonight may clarify the market. At that time, the market may experience significant fluctuations, and investors are advised to pay attention to related risks. (Jinshi)
BP1.1%
07:06

How much can the Fed still cut this year? Officials speak out tonight.

Jinshi Data News on September 26th, tonight, several officials of the Federal Reserve, including Powell, Collins, Kugler, Bauman, Williams, Barr and Cook, will give speeches successively. Earlier, the Federal Reserve opened an interest rate cut cycle with 50 BP, and the market continued to price the remaining interest rate cuts for this year. As the first week after the Federal Reserve meeting, the officials' remarks tonight may clarify the market. At that time, there may be significant fluctuations in the market, so investors are advised to pay attention to relevant risks.
BP1.1%
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17:44

There is a 61% chance that the Federal Reserve will cut interest rates by 50 BP tonight.

The probability of a 25 basis point rate cut by the Fed in September is 39.0%, and the probability of a 50 basis point rate cut is 61%; the probability of a cumulative 50 basis point rate cut by November is 23.4%, the probability of a cumulative 75 basis point rate cut is 52.2%, and the probability of a cumulative 100 basis point rate cut is 24.4%; the probability of a cumulative 75 basis point rate cut by December is 10.5%, the probability of a cumulative 100 basis point rate cut is 36.4%, the probability of a cumulative 125 basis point rate cut is 39.7%, and the probability of a cumulative 150 basis point rate cut is 13.4%.
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BP1.1%
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12:50

Trillions of urban investment bonds have triggered a wave of lowering Intrerest Rate on the face value. Last month, more than 20 urban investment bonds fell to 1%, a very low level.

September 12th, Jinshi data, after the continuous narrowing of the interest rate spread and the gradual decline in valuation of this year's urban investment bonds, the widening gap between the face value Intrerest Rate and the valuation has triggered a wave of downward adjustment of the face value Intrerest Rate of urban investment bonds, and the degree of downward pressure is increasing. Some urban investment bonds have had their face value Intrerest Rate reduced to 1% or even lower. In August, 21 urban investment bonds lowered their face value Intrerest Rate to the low level of 1%. A total of 145 urban investment bonds have reduced their face value Intrerest Rate, with a scale of over 100 billion yuan. The majority of the adjustment is above 100 BP, with 99.31% of the urban investment bonds having a downward adjustment of over 100 BP, an increase compared to the proportion of 93.67% in September.
BP1.1%
05:21

Government bond futures weakened in the afternoon, with the yields of 10-year and 7-year active bonds turning upward in the afternoon.

On September 10th, Jin10 data reported that the treasury futures weakened in the afternoon, with the 30-year treasury futures main contract falling to 103.09 and the 10-year treasury futures main contract falling to 106.49. In terms of spot bonds, the yields of the 10-year and 7-year active bonds turned upward in the afternoon. The yield of the 10-year active bond 240011 rose by 0.25 BP to 2.1225%, while the yield of the 30-year active bond 2400004 fell to 2.2825%.
BP1.1%
00:50

The market is beginning to anticipate a 50BP rate cut by the Federal Reserve in September.

On August 2nd, Jinshi Data reported that due to concerns about a possible US economic recession, the market is increasingly betting on a US rate cut. The yield on US 2-year Treasury bonds continued to fall in the Asian morning session, falling to 4.11%, the lowest level since May 2023. As of press time, the Intrerest Rate futures show that the market is pricing in an 87 BP rate cut by the Fed this year, with a 13 BP gap remaining for the bet of four rate cuts this year. The probability of a 50 BP rate cut by the Fed in September has risen to 33%. There are still three Fed meetings this year to consider rate cuts.
BP1.1%
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11:14

The pound remains bearish, and British bonds pump as the Central Bank of the United Kingdom cuts interest rates by 25 BP as scheduled.

Jin10 data on August 1st, the pound against the dollar maintained a falling trend, and British government bonds expanded their earlier gains, following the first interest rate cut of the current monetary policy cycle by the Central Bank. After the interest rate decision, the pound/dollar fell by 0.8% to 1.2755. The yield on the UK's 10-year government bond fell by 6 basis points to 3.91%; the 2-year yield fell by 7 basis points to 3.76%. The currency market has raised bets on a further interest rate cut by the Central Bank, and is now expected to cut rates by another 35 basis points within the year.
BP1.1%
01:10

10 joint-stock banks follow the downward adjustment of deposit listing Interest Rate.

Jinshi data news on July 29, following China Merchants Bank and Ping An Bank, on July 29, CITIC Bank, Everbright Bank, Minsheng Bank, Pufa Bank, Industrial Bank, Huaxia Bank, Guangfa Bank, Zheshang Bank, Bohai Bank, Hengfeng Bank, 10 joint-stock banks lowered the deposit listing Intrerest Rate. Among them, the five-year period for Zheshang Bank, Bohai Bank, and Hengfeng Bank's whole deposit and withdrawal year Intrerest Rate was lowered from 2.30% to 2.10%, and the other seven banks' five-year period for whole deposit and withdrawal year Intrerest Rate was lowered from 2.05% to 1.85%, all lowered by 20 BP.
BP1.1%
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02:36

The long-end bond yield rose by about 3 basis points (BP) overall, while the short- to medium-term yield rose by 5-7 BP.

On July 8, Jinshi data reported that the long-end bond yields generally rose by about 3 basis points (BP), with the 30-year national bond 230023 rising to 2.5225%; the special bond 2400001 rising to 2.54%; and the 10-year national bond 240004 rising to 2.3060%. The short-end bond yields rose by 5-7 basis points (BP), with the 1-year policy bank bond 230302 rising by 7 BP and the 1-year national bond 240009 rising by 6.5 BP to 1.58%.
BP1.1%
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00:15

Zhongjin: A US bond yield of about 4% can reach a balance, corresponding to a 100-125 BP rate cut by the Federal Reserve

On June 19th, Jinshi data reported that CICC research report stated that we believe that the purpose of this round of Fed interest rate cuts is to return interest rates to a neutral level, rather than because of economic recession. Based on this idea, we only need to calculate the degree to which financing costs need to be reduced to the return on investment, and then calculate the 10-year US Treasury bond points through the relationship between financing costs and long-term bond interest rates, and finally make the interest rate differential positive to infer the magnitude of the Fed's interest rate cut. We estimate that a 4% US bond can reach equilibrium, corresponding to a rate cut of 100 to 125 basis points.
BP1.1%
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00:47
EOS Foundation announced on May 29th that the release of EOS_Contracts v3.4.0 introduces fundamental changes to its tokenomics. The first round of proposed changes will only take effect if at least 15 out of the 21 EOS Block Producers (BPs) successfully approve the multisignature (MSIG). The main proposed changes include limiting the total number of EOS tokens to 2.1 billion. The second part of the content is to explore the transition to REX 2.0. With the implementation of REX 2.0, it is expected that the EOS staking rewards will start at the end of June. The upcoming changes aim to enhance resource exchange (REX) by transferring system fees to Block Producers (BP) and changing the REX staking lock-up period from 4 days to 21 days.
BP1.1%
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15:11
1. Interest rate outlook: Reiterate the possibility of keeping interest rates at a high level for a longer period of time. It is not expected to raise interest rates in the next step, but more likely to maintain policy rates at the current level. 2. Inflation outlook: Confidence in the decline of inflation is lower than before. The lack of further progress in inflation in the first quarter of the United States is worth noting. It is expected that the inflation rate will fall back. 3. Economic outlook: The U.S. economy has performed very well and has a very strong labor market. GDP is expected to continue to grow at a rate of 2% or higher, benefiting from the addition of new labor forces. 4. Market reaction: Since Powell's speech, gold has remained sideways with fluctuations, reaching a high of $2356.72. The three major U.S. stock indexes have shown a "V" trend overall. 5. Latest expectations: The market currently expects the Federal Reserve to cut interest rates by a cumulative 40 BP this year. The probability of rate cuts in June and September has remained stable at around 50%, which is basically consistent with before Powell's speech.
BP1.1%
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00:50
Odaily News EOS Network Foundation (ENF) CEO Yves La Rose proposed a new tokenomics on the X platform, with key points including: - 80% of the total future supply will be burned; - Closing inflation; - Set the supply cap at 2.1 billion Tokens; -4-year Halving cycle; - minting about 950 million EOS; - Staking rewards associated with lock-ups; - Support RAM market. It said it will meet with BP later today to propose a new token economic model for EOS.
RAM-0.41%
BP1.1%
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05:46

The UK's FTSE 100 index closed at a record high for the first time since February 2023

On April 23, Britain's FTSE 100 index closed at a record high for the first time in long years, and the index has been buoyed by broader optimism in recent months from energy-related stocks and easing geopolitical concerns. Britain's FTSE 100 index closed pump 1.6% at 8,023.87 points on Monday, breaking through the closing peak of 8,014.31 points set in February 2023. Still below the intraday high of 8047.06, the index is up about 4% year-to-date pump, with Shell and BP Plc alone contributing nearly half of the pump. AstraZeneca, HSBC Holdings and engine maker Rolls-Royce also contributed to the pump. Axel Rudolph, senior market analyst at IG, said: "The depreciation of the pound has made it cheaper for international investors to buy UK equities, which, combined with the de-escalation in the Middle East, has pushed the FTSE 100 towards record highs. ”
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BP1.1%
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