EUR/USD 1.16874
-0.109%
Gold 3356.20
0.972%
Oil 67.491
2.447%
USD/JPY 147.368
0.758%
GBP/USD 1.34968
-0.596%
GBP/JPY 198.904
0.188%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On July 12, the Tianzhou-9 cargo spacecraft and the Long March 7 Yao-10 carrier rocket combination were vertically transferred to the launch area and are scheduled to be launched at an appropriate time in the near future.July 12, there was a report about "Lei Jun talks about car manufacturing: the most difficult part is making wheels". Xiaomi PR General Manager Wang Hua said: "I have seen several articles or similar videos in the past two days, which extracted the video of Lei Juns interview with Li Xiang in April 2024, cut off the beginning and the end, and took out the middle part that took wheel design as an example to spread it separately, and after taking it out of context, it became Lei Jun talking about the most difficult part of car manufacturing is making wheels."According to a report released by the Indonesian Meteorological, Climate and Geophysical Agency on July 12, at 7:11 a.m. local time on July 12, a 5.3-magnitude earthquake occurred in the sea 297 kilometers southwest of South Nias County, North Sumatra Province, Indonesia. The epicenter was located at 1.62 degrees south latitude and 96.28 degrees east longitude, with a focal depth of 61 kilometers. No tsunami risk is expected.On July 12, "Federal Reserve mouthpiece" Nick Timiraos said on social media that when people ask me about various online rumors, my first reaction is to ignore it. But for those who are really curious about whether the Federal Reserve Chairman will break his oft-repeated promise (that is, to complete his term as Chairman, which currently has only 10 months left), I will recall how Powell answered the question about "jumping on the lifeboat" six years ago. The reason I included his answer in my book is that it is the most resolute statement: "Under no circumstances will I voluntarily leave this job before the end of my term. Absolutely not. You wont see me jumping on a lifeboat. I simply cant imagine any situation in which I wont be able to complete my term, unless I die."Conflict situation: 1. Russian Ministry of Defense: Russian air defense forces destroyed 155 Ukrainian drones at night, 11 of which were in the Moscow region. 2. Ukrainian drones attacked the Tula region of Russia, killing one person and injuring one person. 3. Ukraine said that Kiev was attacked by a large-scale missile and drone attack by Russia, which has injured 28 people. 4. Russia said that its army has taken control of a village in eastern Ukraine. Peace talks: 1. According to RIA Novosti, Russian Deputy Foreign Minister Ryabkov said that a new round of talks between Russia and the United States on bilateral issues may be held before the end of the summer. 2. US Secretary of State Rubio: The United States and Russia are negotiating a new path for peace in Ukraine. 3. Ukrainian Military Intelligence Director: It is expected that intelligence exchanges with the United States will continue. A ceasefire must be reached before the end of the year. Other situations: 1. Trump: I think I will make a major statement on the Russian issue on Monday. A very major and very severe sanctions bill (against Russia) will be passed, but its implementation depends on the president. 2. Trump: We deliver weapons to NATO, NATO pays 100% of the cost for these weapons, and NATO will provide these weapons to Ukraine. 3. According to TASS: Russian Foreign Minister Lavrov and US Secretary of State Rubio held more talks at an off-site event in Kuala Lumpur. 4. According to RIA Novosti: Russian Deputy Foreign Minister Ryabkov said that despite Washingtons repeated attitude, the positive trend in Russian-US relations continues. 5. German Ministry of Defense: We are upgrading the existing fleet to prevent the problem of insufficient capabilities. 6. Kremlin: (Regarding the EUs proposed floating price ceiling for Russian oil) We have rich experience in reducing the impact of such actions. 7. Western countries plan to send troops to Ukraine. Russia: Unacceptable and deeply regretful. 8. Finland formally submitted the instrument of withdrawal from the Ottawa Mine Ban Convention. 9. Kellogg, the US governments special envoy for Russia-Ukraine issues, will visit Kiev next week. 10. Zelensky: The channels for US and European military assistance to Ukraine have been fully restored.

AUD/USD reaches 0.6920 due to upbeat Australian Trade Balance report

Alina Haynes

Jan 12, 2023 14:48

AUD:USD.png 

 

The AUD/USD pair has surged above 0.6920 after the Australian Bureau of Statistics announced monthly Trade Balance (Nov) data that was stronger than anticipated. The economic statistics has climbed to 13,201M from 10,500M as predicted and 12,217M as originally published.

 

Prior to the presentation of the United States Consumer Price Index (CPI) statistics, investors abstained from acquiring considerable holdings in the Australian dollar.

 

After back-to-back solid sessions, S&P500 futures are witnessing mild selling pressure, signaling investor concern ahead of the US inflation report. The US Dollar Index (DXY) continued to struggle at 103.00 amid a dull trading environment. In the meantime, 10-year US Treasury yields have recovered and soared past 3.56 percent.

 

Analysts at RBC Economics forecast a dramatic decrease in annual U.S. consumer price increase in December, from 7.1% in November to 6.3%. The enormous fall in energy prices is partially responsible for the abrupt decline in price rise. In December, they estimate 'core' (excluding food and energy products) price growth to decrease to 5.6% YoY from 6.0% in October.

 

In the preceding two weeks, the US Dollar Index has been battered, and only an unexpected jump in inflation data could give a buffer for the future. In a broader sense, Wells Fargo analysts estimate that inflation will fall to 2.2% YoY by the end of the year.

 

The Australian Dollar will undergo volatility with the announcement of China's CPI numbers. According to forecasts, annual CPI (Dec) is predicted to grow to 1.8% from the previous report of 1.6%. While the monthly result may fall by 0.1% compared to the prior statement of -0.2%, the previous figure was -0.2%. In addition, the Producer Price Index (PPI) may drop by 0.1%.

Suggestion