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EUR/GBP slipped below 0.86, down 0.12% intraday.

2026-07-01

EUR/GBP slipped below 0.86, down 0.12% intraday.

Other News
2026-07-01

Al Jazeera reported a vessel grounded in the Strait of Hormuz after reportedly not following Iran’s ‘approved’ transit route; details are still emerging and the extent of damage is unclear. Iran’s Islamic Revolutionary Guard Corps (IRGC) navy has rep

Al Jazeera reported a vessel grounded in the Strait of Hormuz after reportedly not following Iran’s ‘approved’ transit route; details are still emerging and the extent of damage is unclear. Iran’s Islamic Revolutionary Guard Corps (IRGC) navy has repeatedly warned masters, owners and shipping companies that deviating from designated routes in the Persian Gulf when entering or leaving could trigger irreversible incidents. The report did not link the grounding to recent Iranian attacks on two vessels that transited without Tehran’s permission, one of which was carrying Qatari crude.
2026-07-01

Taijing Technology, a leading domestic crystal-oscillator maker, notified partners on June 30 of a 10–30% price increase across its entire oscillator product line. New orders are effective on the notice date; all undelivered The orders will be billed

Taijing Technology, a leading domestic crystal-oscillator maker, notified partners on June 30 of a 10–30% price increase across its entire oscillator product line. New orders are effective on the notice date; all undelivered The orders will be billed at the new prices from shipment date July 1, 2026. company cited sharp rises in core raw-material costs — bases, caps, target materials, silver paste and precious metals including gold, silver and tungsten — driven by global commodity volatility. It provided data showing 65% black tungsten concentrate up 125% YTD 2026 and up 619% since early 2025, with precious metals remaining elevated. Taijing said prior internal measures (process optimization, efficiency gains, supply-chain consolidation) failed to absorb the cost surge, with combined procurement costs for materials and components up more than 60% since 2025, making the price increase unavoidable.
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