EUR/USD
1.17755
0.042%
Gold
3384.33
-0.081%
Oil
65.201
-0.074%
USD/JPY
146.076
-0.303%
GBP/USD
1.35795
-0.013%
GBP/JPY
198.370
-0.230%
Real-time News
According to Yonhap News Agency: South Korea will invest more than $100 billion as part of the US trade agreement.July 24 news, recently, the State Administration for Market Regulation exposed a number of typical cases of illegal "involutionary" competition in the field of quality. Their common feature is that enterprises ignore brand, quality, and technological competition, and use "low-quality" products to disrupt the fair competition order in the market in order to obtain short-term market share and profits and reduce cost input. These vicious competition behaviors that ignore brand "volume" prices, sacrifice quality "volume" costs, and disregard the lower limit of rules "volume" have led to an overall decline in product quality, directly affecting the consumer rights and interests of the people and undermining the long-term healthy development ecology of the industry. In the next step, the State Administration for Market Regulation will continue to give play to its functional advantages, deepen the rectification of "involutionary" competition in the field of quality, further innovate supervision methods, deepen special governance of quality and safety and quality technical assistance, increase the exposure of typical illegal cases, strengthen the publicity of results and achievements, and actively create a good social atmosphere.July 24, three analysts from Barclays Japans interest rate/foreign exchange strategy team pointed out in a research report that the US-Japan trade agreement may be positive for the yen in the short term. The team noted that Shinichi Uchida, deputy governor of the Bank of Japan, said after the agreement was announced that the agreement would reduce uncertainty and accelerate the process of interest rate hikes. Data from the overnight index swap market showed that traders expected the Bank of Japan to raise interest rates by 15 basis points by October and 20 basis points by December, a significant increase from the 9 basis points and 15 basis points expected on Tuesday. Analysts added that the dual factors of the fading uncertainty related to tariffs and the Bank of Japans earlier interest rate hike schedule will support the yen in the short term.The White House: US President Trump will visit the Federal Reserve on Thursday.July 24th news, recently, Xiaopeng Motors made its debut at the 2025 Indonesia International Auto Show, the largest automotive event in Southeast Asia. At the exhibition, Xiaopeng Motors officially announced that Indonesia has become the first country in the world for Xiaopeng Motors to land localized production, and the first locally produced Xiaopeng X9 in Indonesia has been delivered to an Indonesian car owner. This marks that starting from Indonesia, Xiaopeng Motors will officially start its global localized production strategy.
