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Real-time News
On September 14th, Honor officially announced the release of its new generation Qinghai Lake Blade Battery, which achieves an energy density of 1000Wh/L and a silicon content of 40%, with a battery capacity of 11000mAh. It will debut in the Magic9 series.On September 14th, Goldman Sachs adopted a more hawkish stance towards the Bank of England, predicting a 25 basis point rate hike in November if inflation persists and economic growth remains stable. Previously, the bank had expected the Bank of England to keep rates unchanged throughout 2026. Goldman Sachs analysts stated in a report, "Wholesale energy prices have risen sharply in recent weeks, with overall inflation exceeding the central banks expectations, while economic data has been strong." Rising energy prices have further exacerbated market concerns about the UK inflation outlook. However, in line with market expectations, Goldman Sachs expects the Bank of England to maintain its benchmark interest rate at 3.75% at its meeting on September 17th. Furthermore, the institution stated that the Bank of England may keep rates unchanged after the November hike, as falling energy prices reduce the need for further tightening, followed by rate cuts at the end of 2027. LSEG data shows that traders expect the Bank of England to raise interest rates by 47 basis points by the end of this year.September 14th news: From September 7th to September 13th, the national logistics operation data is as follows: National railways transported 82.651 million tons of freight, a 6.1% increase compared to the previous period; 58.467 million trucks passed through national expressways, a 2.98% increase compared to the previous period; monitored ports handled 270.168 million tons of cargo, a 0.27% decrease compared to the previous period, and 7.15 million TEUs of containers, a 2.57% increase compared to the previous period; civil aviation handled 122,000 flights (including 5,193 cargo flights, comprising 3,170 international cargo flights and 2,023 domestic cargo flights), a 1.33% decrease compared to the previous period; postal and express delivery collection volume was approximately 4.065 billion pieces, a 0.47% decrease compared to the previous period; delivery volume was approximately 4.068 billion pieces, a 0.51% decrease compared to the previous period.ExxonMobil (XOM.N) executives: LNG infrastructure has boosted market confidence, and the market is expected to rebalance quickly.On September 14th, the International Electrotechnical Commission (IEC) released the international standard "Distributed Multi-Energy Systems Part 1: General Principles," led by my country. This standard, drafted by a working group convened by Chinese experts and jointly developed with experts from 10 countries including Switzerland, France, and South Korea, represents another significant achievement for my country in the internationalization of smart energy standards. This international standard systematically defines the connotation and typical architecture of distributed multi-energy systems for the first time, clarifies the standardization development path in the future field of multi-energy integration, and includes typical global engineering application cases, providing a unified reference for the construction of integrated energy projects worldwide.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.