EUR/USD
1.17568
-0.099%
Gold
4795.56
-1.213%
Oil
86.772
4.613%
USD/JPY
158.842
0.180%
GBP/USD
1.35010
-0.131%
GBP/JPY
214.457
0.048%
Real-time News
April 20th - According to the unified accounting results for regional GDP, the provinces GDP reached 775.43 billion yuan in the first quarter, a year-on-year increase of 3.0% at constant prices. By industry, the primary industry achieved an added value of 56.923 billion yuan, a year-on-year increase of 2.8%; the secondary industry achieved an added value of 249.351 billion yuan, an increase of 0.1%; and the tertiary industry achieved an added value of 469.156 billion yuan, an increase of 4.6%.April 20th - This morning, Hubei Province released its economic performance report for the first quarter of 2026. Statistics show that from January to March this year, Hubeis GDP reached 1,429.457 billion yuan, a year-on-year increase of 5.4%.On April 20th, amidst increased uncertainty due to the Iran war, Bank of Japan Governor Kazuo Ueda, after attending an IMF meeting, did not commit to an April rate hike in advance, but still released some hawkish signals, suggesting that a June rate hike, if not this month, remains a possibility. While market attention focused on his lack of explicit indication of an April rate hike, Ueda did not downplay the possibility, emphasizing the need to closely monitor the situation in the Middle East and its impact on the Japanese economy. Three sources familiar with the Bank of Japans thinking indicated that, with both possibilities remaining, policymakers might hesitate until the last minute to decide whether to raise rates at the April 27-28 meeting, depending in part on the progress of negotiations to end the war between the US and Iran. The sources stated, "Given the high degree of uncertainty, it is too early to make a decision now regarding the policy meeting more than a week from now."On April 20th, gold prices edged lower on Monday due to a stronger dollar. Meanwhile, news of a renewed closure of the Strait of Hormuz boosted oil prices and fueled inflation concerns. Ilya Spivak, Global Head of Macro Affairs at Tastylive, stated, “The market’s optimism regarding a ceasefire agreement in the US-Iran war appears to have been dashed last week, hence the decline in gold prices today. This has reignited the ‘wartime trade’ pattern common since the beginning of the conflict. Rising oil prices, in turn, have impacted inflation expectations and pushed up yields and the dollar exchange rate.”On April 20th, Tesla China reported that when Tesla Vice President Wang Hao was asked about robots at a media event on April 14th, he only discussed that Teslas Shanghai Gigafactory has excellent large-scale production capabilities and great potential for the future. "Currently, Tesla has no specific plans to mass-produce robots at the Shanghai Gigafactory. Please do not describe in reports that Tesla is about to mass-produce robots in Shanghai; this is incorrect information," Tesla China stated.
