EUR/USD
1.14191
-0.148%
Gold
4158.30
-0.395%
Oil
68.100
-0.904%
USD/JPY
162.237
0.544%
GBP/USD
1.33396
-0.096%
GBP/JPY
216.424
0.448%
Real-time News
On July 6th, Tatsuo Yamazaki, former head of Japans foreign exchange policy and former finance minister at the Ministry of Finance, stated in an interview that the yen should appreciate by up to 20% from its current level (approximately 130 yen to the US dollar), refuting bets that the yen might weaken further. Yamazaki stated, "This is no longer a fundamental issue, but rather a question of how market expectations will change. But we are approaching a climax." He believes that the current estimate of the yen being undervalued by 10% is likely conservative. "I wouldnt be surprised if the yen rises to around 130. Frankly, thats my view." At the same time, Yamazaki suggested that the market should not mistake the recent apparent calm from Japanese authorities for complacency. He stated, "They have issued warnings, and anyone still holding short yen positions knows they face the risk of intervention and punishment—forced liquidation. The Ministry of Finance has gone beyond the warning stage; the authorities have indicated their willingness to take action."July 6th - In the third quarter of 2026, Shenzhen plans to launch 30 new residential projects, with an estimated supply of 882,821 square meters and 7,212 units. This includes: 770,222 square meters of residential space (6,929 units); 100,855 square meters of commercial apartments (184 units); 7,595 square meters of commercial space (63 units); and 4,149 square meters of office space (36 units).Germanys construction PMI for June was 44.8, compared to 42.4 in the previous month.July 6th - Tencent Hunyuan officially released Hy3 today. Based on the preview version, Hy3 further improves the quality and diversity of post-training data, expands the scale of RL computing power, and achieves significant progress in tasks such as inference, agents, and long context, reaching performance comparable to larger flagship models both domestically and internationally (whose parameter scale is often 2-5 times that of Hy3). Hy3 is open-sourced on GitHub, HuggingFace, ModelScope, and GitCode under the Apache 2.0 license. Thanks to a series of hardware and software optimizations, Tencent Hunyuan has further reduced the API price of Hy3 on Tencent Cloud and the usage cost on products such as WorkBuddy. Hy3 API price (per million tokens): Input ¥1, Output ¥4, Input (cache hit) ¥0.25.Ukrainian President Zelensky: Following Russias attack on Kyiv, we call on NATO to take strong action.
