EUR/USD
1.13910
0.096%
Gold
4015.60
0.368%
Oil
79.351
2.000%
USD/JPY
162.334
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GBP/USD
1.33566
0.082%
GBP/JPY
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Real-time News
On July 14th, Investinglive analyst Eamonn Sheridan stated that the U.S. Consumer Price Index (CPI) is expected to decline by 0.2% month-over-month in June, marking the first decline since the pandemic began, driven entirely by a 15% drop in gasoline prices from mid-May to the end of June. The annualized inflation rate is expected to slow to 3.8% from 4.2% in May. Core CPI is expected to rise by 0.2% month-over-month, with the annualized core inflation rate expected to only slightly decrease to 2.8% from 2.9% in May. Service inflation (covering rent, auto repairs, leisure and entertainment, and dining out) is projected to grow at an annualized rate of 3.4%, higher than Januarys 2.9% and significantly higher than the 2.6% average between 2010 and 2019. This means that even with improved nominal overall inflation data, the Federal Reserve has little basis for easing policy. This situation presents a dilemma for Warsh, who is making his first congressional testimony this week: he must demonstrate a determination to curb inflation without appearing too hawkish and thus tightening credit conditions excessively, while the fragile Middle East ceasefire poses a two-way risk to the energy price outlook. This balance largely depends on how the situation in the Middle East and its impact on oil prices evolve.On July 14th, according to Tianyancha App, Qijing Intelligent Vehicle Technology (Guangzhou) Co., Ltd., an affiliated company of Qijing Auto, recently underwent industrial and commercial registration changes, adding Hongtu No. 1 Enterprise Management (Guangzhou) Partnership (Limited Partnership) and Jiaxing Boyuan Yicheng Equity Investment Partnership (Limited Partnership) as shareholders. Simultaneously, its registered capital increased from 2.1 billion RMB to approximately 3.02 billion RMB, an increase of approximately 44%.July 14 – The State Council Information Office held a press conference today to introduce my countrys foreign trade performance this year and answer reporters questions. In recent years, China has consistently maintained its position as the worlds largest exporter of sporting goods, accounting for over 40% of global exports. In the first half of the year, my countrys exports of sporting goods and equipment reached 67.53 billion yuan, of which ball sports accounted for 3.08 billion yuan. In the first half of the year, my countrys exports of fitness and rehabilitation equipment such as treadmills reached 26.7 billion yuan, and exports of water sports equipment such as paddleboards reached 4.77 billion yuan. In addition, exports of trendy skateboards, popular among young people, increased by 20.4%. my countrys sporting goods not only maintain a stable market share in traditional markets such as Europe and the United States, but also perform well in emerging markets such as Latin America and Africa. In the first half of the year, my countrys exports of sporting goods to Latin America and Africa increased by 18.9% and 8.1%, respectively.SpaceX (SPCX.O): Successfully deployed 27 Starlink satellites.According to the General Administration of Customs, China exported 1.069 million automobiles (including chassis) in June, compared with 988,000 in May.
