EUR/USD
1.16748
-0.030%
Gold
4642.72
0.560%
Oil
85.013
-1.480%
USD/JPY
158.945
-0.031%
GBP/USD
1.36394
-0.053%
GBP/JPY
216.796
-0.084%
Real-time News
On August 24th, at the Xiaomi Xuanjie Technology Communication Conference, Zhu Dan, Vice President of Xiaomi Group and President of New Business, delivered a speech. At the conference, Xiaomis new generation flagship SoC, Xuanjie O3, was unveiled. Its CPU features a deca-core design with all large cores, achieving a multi-core score exceeding 15,000 points for the first time, representing a 60% performance improvement. The GPU debuts the G2-UltraNX graphics processor, an unprecedented generational upgrade with a significant 85% performance increase and a 64% reduction in power consumption. Xuanjie O3 is also the worlds first mobile processor to support LPDDR6, boasting a bandwidth of up to 113.8GB/s, a 48% improvement over Xuanjie O1. The NPU architecture has been completely redesigned, specifically designed for Xiaomi MiMos large-scale edge models, possessing an impressive 200 TOPS tensor computing power and 3.13 TFLOPS vector computing power, resulting in a 45% improvement in edge AI performance.ECB Executive Board member Cipollone: The risk of economic stagnation and a sharp rise in inflation is quite low.European Commission: Approves €6.1 billion in aid for Ukraines defense.On August 24th, Mark Dowding, Head of Fixed Income at RBC Blue Bay Asset Management, stated that the firm remains optimistic about the performance of inflation-linked bonds and inflation swaps amid continued uncertainty surrounding a Middle East peace agreement. According to LSEG data, the money market has already fully priced in a 25 basis point rate hike by the Federal Reserve in December. Dowding said, “In the Middle East, hopes for a peace agreement continue to diminish, and it looks like we will be in a gray area for an extended period. Trade flows through the Strait of Hormuz remain at only a fraction of pre-war levels.”On August 24, the State Administration for Market Regulation (National Standardization Administration) approved and released the mandatory national standard for "Compressed Natural Gas for Vehicles," which will take effect on August 1, 2027. This standard revision aims to improve product quality, ensure safe use, and promote fair trade. The implementation of this standard will effectively regulate the quality control of compressed natural gas products in my country, promote the high-quality development of the compressed natural gas for vehicles, ensure the normal operation of natural gas vehicles, and continuously improve the safety of public transportation.
