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XPeng Motors: XPeng Charging added 53 supercharging stations in the first and second weeks of 2026, including 5 S5 super-fast charging stations, 37 S4 super-fast charging stations, 10 super-fast charging stations, and 1 supercharging station.On January 17th, it was reported that the United States is about to formally withdraw from the World Health Organization (WHO), but has yet to pay its outstanding dues. On the 16th local time, WHO spokesperson Lindmeier stated that the US has the right to withdraw from the organization, but only if it pays its outstanding dues. Lindmeier stated that this matter is on the agenda of the upcoming WHO Executive Board meeting, and the WHO Secretariat will take appropriate action based on the Executive Boards recommendations. Lindmeier stated that the US has not yet paid its dues for 2024 and 2025. According to the WHO budget, the total amount of dues owed by the US for 2024 and 2025 is approximately $260 million. US President Trump signed an executive order on January 20th last year announcing the US withdrawal from the WHO. According to the WHO charter, a member state can only formally withdraw one year after submitting a withdrawal application.On January 17, a U.S. federal judge issued a restrictive order on the actions of U.S. Immigration and Customs Enforcement (ICE) in Minneapolis, Minnesota, after protesters accused the agency of widespread abuse of force and violations of constitutional rights. U.S. District Judge Kathleen issued a temporary restraining order restricting ICE personnel from deploying chemical irritants into crowds and explicitly prohibiting retaliatory action by law enforcement officers against protesters exercising their freedom of speech.1. According to the Financial Times: Nvidia suppliers have suspended production of key components for the H200 chip. 2. Nvidia corrected errors in its technical paper, significantly reducing its copper usage in data centers. 3. The Ministry of Commerce confirmed that Canada will reduce tariffs on Chinese electric vehicles within the quota to 6.1%, and will no longer impose a 100% surcharge. 4. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 5. Under the pressure of rising storage prices, Xiaomi, OPPO, vivo, and Transsion have reportedly lowered their 2026 full-year smartphone shipment forecasts. 6. WeRides global Robotaxi fleet has exceeded 1,000 vehicles, achieving fully unmanned operation in Guangzhou and Beijing. 7. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 8. The static ignition test of the Long March 12B carrier rocket was a complete success: reusable, with a 20-ton-class low-Earth orbit carrying capacity. 9. According to sources, Ford Motor Company is in talks with BYD to supply batteries for its overseas factories hybrid vehicles. 10. The US government is pushing tech giants to pay for electricity used by AI, allowing tech companies to bid for 15-year power generation contracts for new power plants.1. Russia claims all foreign troops within Ukraine are considered legitimate targets. 2. Zelensky: Ukraines air defense missile stockpile is critically low. 3. Zelensky: The Ukrainian delegation will meet with US representatives in the US soon. 4. Ukraine and the US will hold a new round of talks in Miami this weekend. 5. Zelensky: If an agreement is reached, the documents can be signed in Davos. 6. French President Macron calls for an increase of €36 billion in military spending by 2030. 7. Kremlin: Russia is in dialogue with the US, but not with Europeans. Russia is looking forward to Kushner and Witkov visiting Moscow, but a specific date has not yet been set.

Forecast for Gold Price: XAU/USD consolidates above $2,000 as investors await initial US S&P PMI data

Daniel Rogers

Apr 21, 2023 13:52

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During the Asian session, the price of gold (XAU / USD) is oscillating above the psychological resistance of $2,000.00. After a gradual increase, the price of gold has leveled off near $2,005.00 as investors await the release of preliminary S&P PMI data for the United States.

 

S&P500 futures have added some gains during the Asian session following three consecutive declines. As a result of Elon Musk's price-cutting frenzy, Tesla's revenue projections were gloomy, which dampened market sentiment. Near 101.77, the US Dollar Index (DXY) has extended its correction. The USD Index has been consolidating in a range between 100.90 and 102.03 for the past several trading sessions. Therefore, a move that exceeds the previously specified limit will be considered decisive.

 

The subdued USD index weighs on US Treasury yields as well. The demand for U.S. government bonds has increased as weekly unemployment claims have increased. The number of individuals claiming unemployment benefits rose to 245K, exceeding the consensus estimate of 240K. This indicated a softening in the labor market and bolstered expectations that the Federal Reserve (Fed) will not raise interest rates after the monetary policy meeting in May.

 

In the future, the publication of the preliminary US S&P PMI data will determine the impact of the Fed's rate hikes on the scope of economic activity. According to projections, the Manufacturing PMI and Services PMI will decline to 49.0 and 51.5, respectively. A preliminary PMI reading that is weaker than anticipated could impact heavily on the U.S. dollar.