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November 5th - According to the China Development Bank (CDB), since 2022, under the guidance and support of its re-lending policy for technological innovation and technological upgrading (including the original re-lending for technological innovation and special re-lending for equipment renewal and upgrading), the CDB has provided over 150 billion yuan in loans to areas such as technological innovation, technological upgrading, and equipment renewal. It is understood that these loans have supported major national science and technology projects, the development of small and medium-sized technology enterprises in their early and growth stages, and the digital, intelligent, high-end, and green technological upgrading and equipment renewal in key areas.November 5th - The overnight SHIBOR was 1.3150%, unchanged from the previous trading day. The 7-day SHIBOR was 1.4230%, up 0.80 basis points; the 14-day SHIBOR was 1.4610%, down 1.70 basis points; the 1-month SHIBOR was 1.5415%, down 0.45 basis points; and the 3-month SHIBOR was 1.5890%, down 0.50 basis points.Sources say Nissan will cut production of its best-selling Rogue SUV in Japan starting next week due to a disruption in the supply of chips from Nexperia. Nissan will reduce production by 900 vehicles in the week beginning November 10.A public information officer at Louisville Airport stated that all departing flights tonight have been cancelled.General Aviation: Safety is our top priority, and we have provided support to UPS (UPS.N) and the National Transportation Safety Board.

The price of gold fluctuates about $1,700, and given increased hawkish Fed bets, a decline seems imminent

Alina Haynes

Jul 18, 2022 12:03

 截屏2022-07-15 下午5.36.44_1024x576.png

 

In the early Tokyo session, Gold Price (XAUUSD) tried to break above the consolidation that had been created in a constrained range between $1,703.21 and 1,705.90 on Friday. After a brief squeeze, the precious metal is now showing some symptoms of increased volatility. On Friday, the shiny metal successfully defended the psychological level of $1,700.00, which is also close to Thursday's low. The psychological support of $1,700.00 has undergone two tests, which has increased the importance of the level for market players. The precious metal is currently showing exhaustion indications at lower levels, but additional filters are needed to showcase a bullish turnaround.

 

Despite modest losses on Friday, the US dollar index (DXY) closed the week on a positive note. Weekly results showed that the asset kept winning. The DXY has been making advances for the last three weeks in a row. Despite the asset showing a stronger decline on a shorter timeline, the upside is still justified because to the DXY's overall performance. A downwards move is almost certain to occur since the asset is now auctioning in an inventory distribution phase at roughly 108.00.


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