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On April 12, Wei, a former staff member of a research institute under a military industrial group, was approached and met by a foreigner who looked like a tourist in a park. This foreigner was actually a spy. Under the temptation of interests, Wei began to steal secrets crazily, selling out the core secrets of our key areas of technology research and development and practical application. As a network administrator, he used a mobile hard drive to copy confidential information in batches; used a mobile phone to secretly photograph files on the screen of a confidential computer; secretly made a key to the leaders office, sneaked into the leaders office many times on weekends to steal secrets, and even secretly recorded the content of internal meetings. Wei was sentenced to life imprisonment for espionage, deprived of political rights for life, and confiscated all personal property and recovered illegal criminal proceeds.According to the Wall Street Journal: Binance tried to curb U.S. regulation while negotiating a deal with Trumps crypto company.Conflict situation: 1. Russian Defense Ministry: In the past 24 hours, the Ukrainian army lost 235 soldiers in the Kursk region. 2. Russian Defense Ministry: Ukraine launched five attacks on Russian energy infrastructure facilities in the past 24 hours. 3. The Ukrainian Air Force said that Russia launched 39 drones and a ballistic missile at night. The Air Force shot down 24 drones, and another 13 did not reach the target. Peace talks: 1. People familiar with the matter: The atmosphere of the US-Ukraine talks was tense, and the prospects for reaching a mineral agreement were slim. 2. Ukrainian President Zelensky: Military pressure is needed to force Russia to reach a peace agreement. 3. The Kremlin: Russian President Putin and Vitkov will discuss solutions for Ukraine. 4. German Defense Minister: It is important that the US Secretary of Defense participated in the meeting in support of Ukraine, although it was only online participation. 5. Trump said on social media about the Russian-Ukrainian conflict: Russia must act. Too many people died in this terrible and meaningless war. 6. Kremlin spokesman Peskov downplayed the planned Vitkov-Putin meeting, telling Russian official media that the visit of the US envoy was not "significant" and no breakthrough was expected. Other situations: 1. Kremlin: Putins call with Trump is theoretically possible. 2. Ukrainian media: Germany plans to provide Ukraine with 7 billion euros in military aid this year. 3. Ukraine established diplomatic relations with Somalia, and Kiev continued its efforts to expand relations with African countries. 4. Ukrainian President Zelensky: Call on allies to focus on providing Ukraine with 10 sets of "Patriot" air defense systems. 5. Russian President Putin: It is expected that the funds used to develop the Russian Navy will reach 8.4 trillion rubles in the next 10 years. 6. EU High Representative for Foreign Affairs and Security Policy: So far, EU countries have pledged 23 billion euros in military aid to Ukraine this year, higher than last year. 7. The Danish Parliament has taken an important step towards approving a defense cooperation agreement with the United States. If the agreement is approved, it will allow the US military to widely station troops and store equipment in Denmark.On April 12, Russian President Vladimir Putin met with visiting US Middle East envoy Vitkov in St. Petersburg. The two sides held consultations on issues related to the situation in Ukraine. The Kremlin said the talks were held behind closed doors and covered many aspects of resolving the Ukrainian issue. According to TASS, Vitkov left St. Petersburg by plane that night.April 12th news: On the evening of the 11th local time, Houthi armed forces military spokesman Yahya Saraiya said in a speech that the Houthi armed forces attacked two military targets in Israels Jaffa region through drones.

The USD/JPY crosses the 135.00 mark as the DXY rises ahead of US inflation

Daniel Rogers

Aug 10, 2022 11:32

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The USD/JPY pair is climbing northward during the Asian session in an attempt to retake its two-week high at 135.58. The asset's price turned positive on Monday as a result of the abundance of bids that occurred near 134.50. The USD/JPY pair's two-day consolidated activity shows that market participants are anxiously awaiting the release of the US Consumer Price Index (CPI).

 

Investors expect a decrease in price pressures this time, thus the release of the US inflation report is crucial. The investment community is aware that the crisis between Russia and Ukraine sharply increased oil prices, which continued to be essential to pressures on global costs.

 

A more than 11% drop in oil prices in July contributed to the black gold's continued sluggishness and lowered inflation expectations. The market anticipates that the inflation rate will decrease from 9.1% to 8.7%. The core CPI, which does not include food and oil, is anticipated to increase to 6.1% from the previously announced 5.9%. It appears that the demand for durable goods is rapidly increasing again. The US dollar index (DXY) is currently aiming to surpass the 106.40 immediate barrier.

 

The yen bulls are circling Tokyo as a result of Japan's government reorganization. Finance Minister Shunichi Suzuki will probably remain in the cabinet after this week's reorganization by Japanese Prime Minister Fumio Kishida. All eyes will now be on the Japanese government's efforts to raise the labor cost index, which is essential for keeping inflation over 2%.