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18:03
A fire has occurred at Delta Air Lines' refinery in Pennsylvania, USA.
Monroe Energy, a subsidiary of Delta Air Lines, stated in a press release that the fire occurred at around 11:30 am, originating in the pump room of a process unit. According to the statement, onsite firefighters responded to the incident immediately and are "taking all necessary measures to extinguish the fire." The company added that air monitoring currently shows no safety risk to the surrounding area.
17:57
XRP price falls to $1.04, 90-day moving average hits lowest level since August 2022
XRP price dropped to $1.04, and the 90D-SMA fell to 0.33, the lowest level since August 2022. Selling pressure has intensified, and each new low in this ratio reflects more participants exiting at a loss, while profit-taking activity is unable to offset the losses. (glassnode)
17:47
IMF: It will take time for energy and commodity prices to return to normal after the US-Iran agreement
IMF spokesperson Julie Kozack stated at a press conference that the organization will decide whether to continue using the three economic growth forecast scenarios, which were proposed in April and depend on the outcome of the Iran war, when it releases the World Economic Outlook update report on July 8. Kozack said that with some central banks taking interest rate hike measures, inflation expectations have been effectively anchored; meanwhile, financial conditions remain loose, and both developed countries and emerging markets are able to access international financing markets. Show more
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