EUR/USD
1.18568
-0.084%
Gold
3681.09
-0.237%
Oil
64.021
-0.231%
USD/JPY
146.453
0.003%
GBP/USD
1.36451
0.003%
GBP/JPY
199.841
0.013%
Real-time News
Hong Kong Chief Executive John Lee delivered his latest Policy Address in the Legislative Council on September 17. Lee stated that the SAR government will promote the commercialization of green innovation and technology (I&T) achievements, including supporting the market development of battery-swap electric vehicles and automated battery swap station technologies; encouraging non-governmental organizations to build district cooling systems; and continuing to promote the market to accelerate carbon reduction in existing buildings. Furthermore, the SAR government has launched a HK$300 million incentive program for high-speed charging stations, which will provide an additional 3,000 high-speed charging stations by the end of 2028. The SAR government also plans to allocate six plots of land for the construction of high-speed charging stations, and bus companies will also open their charging facilities for other vehicles.On September 17, Hong Kong Chief Executive John Lee delivered a new policy address at the Legislative Council of the Hong Kong Special Administrative Region. John Lee stated that the SAR government will launch 11 measures to support small and medium-sized enterprises.Hong Kong Chief Executive John Lee delivered his latest Policy Address in the Legislative Council on September 17. Lee stated that the SAR government established a regulatory framework for autonomous vehicles last year. This year, three areas will be designated for testing, with the goal of enabling autonomous vehicles to travel across districts and connect with other modes of transport. This will accelerate the development of unmanned, large-scale autonomous driving in Hong Kong, aiming for commercial operation as soon as possible. This will also encourage the industry to leverage Hong Kongs platform to expand overseas, particularly into right-hand-drive vehicle markets.Futures News, September 17th. Economies.com analysts latest analysis: Spot gold prices have retreated in recent intraday trading, primarily constrained by the key resistance level of $3,700, which has temporarily halted its upward trend. Prices are currently attempting to gather renewed bullish momentum in hopes of breaking through this barrier. Prices are currently attempting to correct overbought conditions on the Relative Strength Index (RSI), particularly after the RSI signaled a negative trend and reached extreme oversold levels. This is considered a healthy technical correction, indicating that negative pressure is easing and potentially turning into supportive buying. Meanwhile, the dominant short-term bullish trend remains in place, supported by a supportive trendline.According to Economies.coms analysts latest analysis from September 17th, WTI crude oil futures prices retreated in recent intraday trading, easing profit-taking from the previous rally. This pullback aims to bolster bullish momentum by correcting the significant overbought conditions on the Relative Strength Index (RSI), potentially resuming its upward trend. The current price trend is primarily driven by a positive short-term technical pattern: a double bottom. Furthermore, the prices continued trading above the 50-period exponential moving average (EMA50) provides positive momentum, strengthening the likelihood of a continuation of the corrective rally in the short term.
