EUR/USD
1.14731
0.185%
Gold
4849.15
0.639%
Oil
96.153
-2.740%
USD/JPY
159.627
-0.143%
GBP/USD
1.32794
0.174%
GBP/JPY
211.979
0.091%
Real-time News
1. JD Cloud: Offers greater discounts on multiple products, with an average price reduction of over 16%. 2. Alibaba Cloud: AI computing power and storage products see price increases of up to 34%. 3. Baidu AI Cloud releases price adjustment announcements for AI computing power, storage, and other products. 4. Ma Huateng publicly discusses "shrimp farming" for the first time: it can be combined with WeChats decentralized philosophy. 5. MiniMax releases its new generation large-format model M2.7. 6. Xiaomi releases its large-format model MiMo-V2-Pro. 7. Germany plans to significantly increase AI computing power. 8. HSBC reportedly considers large-scale layoffs; AI restructuring may affect approximately 20,000 jobs. 9. Foxconn and SAP sign strategic cooperation agreement to accelerate AI-driven manufacturing and supply chain transformation. 10. AI security startup Xbows valuation surpasses $1 billion. 11. Samsung Electronics and AMD sign memorandum of understanding to explore foundry cooperation.Israel Defense Forces: Recently, the Israel Defense Forces detected a missile launched from Iran heading towards Israeli territory. Defense systems are operational to intercept the threat.Bernstein: Lowered its target price for Tencent Holdings (00700.HK) from HK$820.00 to HK$790.00.March 19th - Amid escalating tensions in Iran, the Bank of Japan maintained its benchmark interest rate. The yen rose 0.1% against the dollar to 159.64. The Iranian conflict has pushed up oil prices, exacerbating inflationary pressures in Japan, which is heavily reliant on Middle Eastern oil. The yen weakened overnight after Federal Reserve Chairman Jerome Powell stated that there would be no further rate cuts until inflation begins to decline. Sources familiar with the matter indicated that the Bank of Japan is still likely to raise rates, with the possibility of an April hike not ruled out. Market focus will shift to the press conference held by Governor Kazuo Ueda at 2:30 PM today for any clues regarding the timing of a rate hike. The recent depreciation of the yen has prompted warnings from Japanese officials. The Finance Minister stated that the authorities are fully prepared to act if necessary. However, strategists believe the threshold for intervention is high, as rising oil prices and robust US data fundamentally pushing the dollar higher may make it more difficult for authorities to find a reason to intervene.On March 19th, a press conference was held in Shenyang to announce the optimization and adjustment of housing provident fund usage policies. Li Zan, Deputy Director of the Shenyang Housing Provident Fund Management Center, introduced the changes. The Shenyang Housing Provident Fund Management Committee has reviewed and approved five optimization and adjustment policies for housing provident fund loans and withdrawals. These include: temporarily increasing the maximum housing provident fund loan amount; expanding the scope of support for "commercial-to-provident fund" loans; temporarily removing the limit on the number of housing provident fund loans; temporarily supporting contributors in purchasing parking spaces (garages); and increasing the maximum amount of housing provident fund that can be withdrawn for rent. These five policy measures will be implemented from March 15, 2026, and withdrawals for purchasing parking spaces and garages will be accepted from April 10, 2026. The increase in the maximum housing provident fund loan amount, the removal of the limit on the number of housing provident fund loans, and the support for contributors in purchasing parking spaces and garages are temporary policies, valid until December 31, 2026.
