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On January 11th, it was reported that on the morning of January 7th, Liu Liehong, Secretary of the Party Leadership Group and Director of the National Bureau of Data Science and Technology, chaired a symposium on data property rights registration. At the meeting, Jiang Ying, President of the Beijing Internet Court, Professor Chang Pengao of Peking University, officials from data management departments of Jiangsu Province, Hangzhou City, Qingdao City, and Shenzhen City, and representatives from companies such as China Mobile, China Southern Power Grid, Beijing International Big Data Exchange, Tencent Group, Haitian Ruisheng, and Taiyi Technology offered their opinions and suggestions on improving the data property rights registration system. Establishing a data property rights registration system is an important measure to implement the data property rights system. The National Bureau of Data Science and Technology will further study and learn from the experiences and practices of registration systems in other fields, continuously absorb opinions and suggestions from all sectors of society, and innovate to establish a registration system adapted to the characteristics of data, so as to better promote the circulation and use of data and release the value of data elements. The main officials from the Policy and Planning Department and the Data Resources Department of the National Bureau of Data Science and Technology attended the meeting.Iranian President Peshizian stated that the United States and Israel are directing "rioters" to create instability in Iran.Iranian President Peshiziyan urged the public to distance themselves from "rioters and terrorists."Iranian President Pezechzian said that the authorities are ready to listen to the voices of the people.Iranian President Pezechzian stated that the government is determined to address the economic problems of its people.

As the DXY looks for a correction, the USD/CHF is falling toward 0.9660

Daniel Rogers

Aug 30, 2022 11:56

 截屏2022-08-30 上午10.07.58.png

 

Breaking below the restricted consolidation zone between 0.9678 and 0.9682, the USD/CHF pair is heading lower. Depletion warnings were seen in the asset before, when it failed to rise beyond the key level of 0.9700. The US dollar index (DXY) has entered a corrective phase following a prolonged upswing, and the major currency has lacked the necessary conviction to rise over the key 0.9700 level.

 

After a rapid gain, investors opted to liquidate their long positions, sending the DXY down to around 108.68 at the open. In spite of Federal Reserve (Fed) chairman Jerome Powell's harsh comments at the Jackson Hole Economic Symposium, the asset continued its upward trend. The market was shaken by news that the Fed would prioritize slowing inflation over boosting economic growth.

 

A conservative approach to interest rates to moderate down inflation, which is eroding household earnings in the U.S. economy, is entirely acceptable from the perspective of households. Inflation in the United States is skyrocketing, so Fed policymakers can't afford to rest easy even if they show signs of fatigue.

 

Real Retail Sales is the only piece of data that matters to investors in the Swiss franc right now, and experts estimate that it will rise to 3.3% from 1.2%. Investors are aware of rising price pressures in the Swiss economy, which has a negative impact on retail sales figures. Despite this, there has been a noticeable increase in overall demand, which is reflected in the latest economic figures.


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