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Samsung Electronics shares closed up 6.44%, hitting a record high.February 12th - In a report, Nick Rees, head of macro research at Monex, stated that the strong US jobs data for January should "eliminate market bets on a March rate cut" for the Federal Reserve. However, Monex still expects the Fed to resume rate cuts in June. Rees said, "But for now, the market is still digesting this solid jobs data, and expectations for a rate cut have naturally decreased accordingly."February 12, 2026 (Futures News) – As of February 12, 2026, apple production areas have largely completed their Spring Festival stockpiling, cold storage merchants are gradually leaving, and most cold storage facilities are shut down for the holiday. The focus of apple trading is shifting to sales markets. Currently, apple sales are at a moderate pace, with slight improvement in gift box sales, but overall, there has been little change.February 12th, Futures News: Lithium-ion battery cathode materials mainly include lithium iron phosphate, ternary cathode materials, lithium manganese oxide, and lithium cobalt oxide. According to statistics from the Lithium Industry Branch of the China Nonferrous Metals Industry Association, my countrys lithium-ion battery cathode material production in 2025 is as follows: lithium iron phosphate production 3.875 million tons, a year-on-year increase of approximately 56.2%; ternary cathode material production 813,000 tons, a year-on-year increase of approximately 24.7%; lithium manganese oxide production 165,000 tons, a year-on-year increase of approximately 26.7%; and lithium cobalt oxide production 118,000 tons, a year-on-year increase of approximately 20.2%.According to Japans Jiji Press: Japan had previously requested a review of the Federal Reserves interest rates in January.

AUD/USD surpasses 0.7180 on bullish Chinese trade statistics

Daniel Rogers

Jun 09, 2022 11:24

 截屏2022-06-09 上午11.26.40.png

 

The AUD/USD pair has attempted to surpass 0.7180 as China's National Bureau of Statistics released year-to-date trade figures that exceeded expectations (YTD). Imports have increased by 4.1% in dollar terms, while exports have increased by 16.9%. The U.S. Trade Balance came in at $78.76B, far higher than the forecast of $58B and the previous reading of $51.12B. Notably, Australia is China's most important trading partner, and Chinese trade statistics has a huge influence on the antipodes.

 

Australian bulls are underperforming versus the dollar despite the Reserve Bank of Australia's announcement of a massive rate rise (RBA). The Reserve Bank of Australia increased its Official Cash Rate (OCR) by 50 basis points (bps). The market consensus anticipated a 25 basis point rate increase.

 

The estimate of a 25 basis point rate rise was based on increasing inflation and a sluggish labor market. Last week, the Australian economy announced an Employment Change of 4k, indicating that the economy created 4k jobs in May, which was much less than the expected 30k.

 

Due to the lack of liquidity in the economy, more quantitative tightening measures diminish job chances. Therefore, a rate increase of a quarter to one percent was preferable. Now, severe quantitative restraints may lead to inefficiencies in the employment creation process.

 

The US dollar index (DXY) is battling to hold above 102.60. As investors anticipate the announcement of US inflation data on Friday, the odds favor an increase in the DXY's value. The preliminary estimate for the annual inflation rate is 8.3 percent, while the core Consumer Price Index (CPI) is anticipated to be 5.9 percent, down from 6.2 percent in the previous reading.


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