Financial News Brief: US Rate Hike Expectations Push Up Dollar, Gold Loses Support and Falls
[New Tang Dynasty Television, Beijing Time June 25, 2026] Below is a set of global financial news briefs.
Gold continued to decline under pressure on Wednesday, briefly approaching the key psychological level of $4,050 per ounce, very close to the low set earlier this month. Market analysts believe that the main factor suppressing gold prices is not a rebound in risk appetite, but the expectation of a Federal Reserve rate hike, which has pushed up the dollar and systematically hit assets like gold.
FedEx's operating profit margin for its express business fell to 7.7% from 8.4% a year ago due to rising employee wages and benefits, outsourced transportation, and fuel costs. Although FedEx's earnings exceeded expectations and its revenue is expected to surge this year, its stock fell 6% in after-hours trading on Tuesday.
The U.S. Department of Energy announced on Tuesday that it will provide $17.5 billion in conditional loans to utility companies and energy companies to purchase parts needed to strengthen the U.S. commercial nuclear energy supply chain. U.S. Energy Secretary Chris Wright said these loans will help the U.S. achieve its goal of building 10 large nuclear reactors by 2030.
Reuters reported on Wednesday that SK Hynix's stock price rose, making its market value surpass that of Samsung Electronics, becoming the most valuable company in South Korea. In order to compete with Samsung Electronics in the dynamic memory market, SK Hynix focused on high-bandwidth memory technology, which was not widely adopted at the time. After years of effort, it has finally been accepted by the market in the AI era.
This report was compiled by NTD Television reporter Zheng Zhi.
