Gate Crypto Flash News and Market Updates

According to President Zelenskyy on May 7, Ukraine's chief negotiator Andriy Umerov will hold talks with U.S. officials regarding humanitarian issues and diplomatic efforts to resolve the Russia-Ukraine conflict. Zelenskyy stated that humanitarian concerns would be the primary topic, with Ukraine

According to Qatar's Foreign Ministry statement, Qatar's Prime Minister Muhammad called on May 7 for all parties to actively respond to current mediation efforts and create conditions to restart negotiations between the United States and Iran, aiming to achieve a comprehensive and sustainable peace

According to sources, BP Chief Executive Officer Murray Auchincloss announced during an all-staff call that the company will launch a restructuring of its upstream and downstream operations in June.

According to Japan's Ministry of Foreign Affairs, Japan's Minister for Economic Revitalization Akira Akasawa attended the G7 Trade Ministers Meeting held in France. The meeting covered critical mineral supply chains, outcomes of the World Trade Organization ministerial conference, and informal

Mexico's central bank cut its benchmark interest rate to 6.5% on May 7, down 25 basis points from the previous 6.75%, matching market expectations.

According to reports, WTI crude oil futures climbed to near $97 per barrel on Friday, with weekly gains exceeding 17%, driven by stalled U.S.-Iran peace negotiations and ongoing Hormuz Strait closures that have intensified supply concerns. President Trump's decision to maintain maritime blockades on

According to Freddie Mac, the average 30-year fixed-rate mortgage in the U.S. rose to 6.37% in the week of May 7, up from 6.30% the previous week.

According to Punchbowl, U.S. Supreme Court justices will attend a Senate Appropriations Committee meeting on May 20.

According to Jin Ten Data, the U.S. Dollar Index rose 0.05% to close at 98.063 on May 8. EUR/USD strengthened to 1.1751 from 1.1748, while GBP/USD weakened to 1.3583 from 1.3593. USD/JPY climbed to 156.67 from 156.45, and USD/SEK increased to 9.2432 from 9.2339.

According to CME data on May 7, gold and silver futures saw increases in both trading volume and open interest. Gold futures trading volume rose 20,893 contracts to 207,814, with open interest up 9,525 contracts to 381,228. Silver futures volume increased 15,109 contracts to 74,529, with open intere

According to Golden Finance, China's central bank conducted 500 million yuan in 7-day reverse repos today (May 8), achieving net injection of 500 million yuan as no repos matured. This week, the central bank conducted 5.35 billion yuan in 7-day reverse repos while 41.91 billion yuan in repos mature

South Korea's current account stood at $37.33 billion in March, according to official data. The previous month's figure was revised to $23.19 billion from the initially reported $23.1927 billion.

President Trump said the U.S. will acquire an aircraft from Qatar to serve as Air Force One before July 4.

On Thursday, May 8, WTI crude oil futures plunged 13.3% to $88.66 per barrel before stabilizing above $95, as investors assessed the prospects of a Middle East peace agreement. According to reports, the U.S. transmitted a one-page memorandum of understanding to Iran through Pakistani intermediaries

Japan's April composite PMI came in at 52.2, down from 52.4 in the previous month, according to the final reading.

According to CFETS-NEX data reported by Jin Shi Futures, China's interbank funding sentiment index fell to 47 as of 2:30 p.m. on May 8, down 1 point from 10:15 a.m. By institution type, the index for large banks stood at 45, mid-sized and small banks at 48, and non-bank institutions at 47, each decl

According to 10data, Japan's real wages rose 1% year-over-year in March, marking the third consecutive month of gains, data released on May 8 showed. The increase provides further support for the Bank of Japan to raise interest rates at its June meeting. A Reuters survey of economists found that

Foreign central banks reduced their holdings of U.S. Treasury securities by $8.74 billion in the week ended May 1, according to U.S. Federal Reserve data, compared to net inflows of $6.679 billion in the prior week.

European Commission President Ursula von der Leyen said on May 8 that the EU and U.S. are making good progress on reducing tariffs as part of their trade agreement negotiations, with efforts aimed at reaching a resolution by early

According to Iran's Foreign Ministry spokesperson on May 7, Iran's Supreme Leader Mojtaba Khamenei maintains full control of current affairs and developments. The spokesperson stated that Khamenei is managing related situations in a decisive, forceful, and prudent manner, with all actions conducted