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On July 13th, it was reported that on July 8th, 2026, Shenzhen Yuejiang Technology Co., Ltd. and Wanbang Digital Energy Co., Ltd. officially signed a strategic cooperation agreement. The two parties will jointly implement the application of embodied intelligent robots in the entire automatic charging process, targeting typical scenarios such as charging facilities, energy storage systems, and smart energy management. This will connect the entire chain from "intelligent perception" to "precise execution," creating a full-stack solution for automatic charging and intelligent operation and maintenance adapted to complex working conditions, and promoting the verification and commercialization of embodied intelligent technology.On July 13th, the State Council approved the "15th Five-Year Plan for Expanding Consumption." The plan mentions streamlining and optimizing unreasonable restrictive measures. It promotes the shift from purchase-based management to usage-based management of automobile consumption, providing car purchase guarantees for families who have been unsuccessful in the lottery for vehicles for a long time, and exploring differentiated vehicle purchase quota management methods for urban and suburban areas. It supports local governments in adjusting and optimizing real estate policies according to their specific circumstances to better meet residents rigid and improved housing needs. It deepens the reform of the housing provident fund system, expands its scope of use, and strives to meet the diverse housing needs of contributors at different stages. It optimizes the approval management of performing arts activities, promotes "one-stop" joint approval by departments for large-scale public events and online processing throughout the entire process, and strictly implements the responsibility system for content review at the premiere location of touring performances.On July 13th, the State Council approved the "15th Five-Year Plan for Expanding Consumption." The plan mentions promoting high-quality development of digital consumption, further advancing "artificial intelligence + consumption," and implementing a digital consumption enhancement action. It aims to expand digital product consumption by increasing the effective supply of next-generation intelligent terminal products such as AI-powered mobile phones and computers, smart wearables, intelligent robots, and desktop 3D printing equipment; accelerate the research and development and interconnection of intelligent security and video care systems; and conduct pilot programs for the access and road use of intelligent connected vehicles. It also aims to enhance digital service consumption by leveraging technologies such as artificial intelligence and virtual reality to empower life services and scenic areas; promote the integration of artificial intelligence with education, healthcare, culture, tourism, sports, and other fields; and expand the application scenarios of intelligent systems. Finally, it aims to innovate digital content consumption by launching more high-quality digital cultural and museum products; strengthening the supply of ultra-high-definition content for radio, television, and online audiovisual media; and developing new film formats such as virtual reality films and LED digital cinemas.JPMorgan Chase raised its price target for Marathon Petroleum (MRO.N) from $257 to $300.On July 13th, the Ministry of Civil Affairs and 14 other departments jointly released the "Three-Year Action Plan for Expanding and Improving the Rehabilitation Assistive Device Industry (2026-2028)." Regarding payment guarantees, the plan supports the inclusion of eligible therapeutic rehabilitation assistive devices in medical insurance and explores the inclusion of intelligent services related to long-term care and supportive assistive devices in the long-term care insurance coverage. It also guides and encourages commercial insurance companies to include rehabilitation assistive device configurations in their commercial health insurance reimbursement scope. In terms of industry management, the plan accelerates the revision and formulation of mandatory standards for electric wheelchairs and recommended standards for wearable exoskeletons. Regarding talent cultivation, the plan supports eligible rehabilitation assistive device enterprises and institutions in establishing postdoctoral research workstations and supports universities and vocational schools in offering majors related to rehabilitation engineering and rehabilitation assistive device technology.

Price Analysis of the US Dollar Index: DXY Retreats from 104.00, Rising Wedge Anticipated

Alina Haynes

May 12, 2022 10:27

During Thursday's Asian session, the US Dollar Index (DXY) fails to continue the previous two days' upward momentum, trading on the defensive around 103.95.

 

In doing so, the dollar index remains near the 20-year high reached earlier in the week, but for the first time in three days, the daily decline is recorded.

 

In addition to highlighting a 12-day-old rising wedge bearish pattern surrounding the multi-day top, the DXY's most recent decline also reveals a multi-day top-adjacent rising wedge formation. The slow RSI also highlights the significance of the chart pattern.

 

However, a decisive breach below 102.90 is required to validate the potential decline to 101.30.

 

During the fall, the 100-SMA and monthly low between 102.65 and 102.35 will serve as intermediate stops.

 

Until the quote continues below the indicated wedge's resistance line, approximately 104.30 as of press time, a recovery appears elusive.

 

After that, a slow climb to the September 2002 high of 109.80 cannot be ruled out.

Four-hour DXY chart

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