• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Gaza Situation: 1. The Israeli Chief of Staff inspected the Shahfa region of Gaza, stating that the Israeli army is ready to launch an offensive. 2. The Al-Aqsa Martyrs Hospital in Gaza faces the risk of complete shutdown due to a power system failure. Iran Situation: 1. Advisor to Irans Supreme Leader: Negotiations can move in a positive direction if the US does not make excessive demands. 2. International Atomic Energy Agency: Dialogue with Iran continues; a decision on the next steps may be made in the coming days. 3. Market news: A new round of US-Iran negotiations will be held on the 17th in Geneva, Switzerland. 4. US President Trump: I believe the Iran negotiations will succeed. If they fail, it will be a bad day for Iran. Other: 1. US President Trump: Considering candidates for Iraqi Prime Minister. 2. Trump confirmed that the US military will send a second aircraft carrier to the Middle East. 3. The US military announced the completion of the transfer of detained ISIS members from Syria to Iraq. 4. Iraqi Foreign Minister: The plan for the US military to withdraw from Iraq by the end of 2026 remains unchanged.The Peoples Bank of China (PBOC) announced today that it conducted 38 billion yuan of 7-day reverse repurchase operations, with a bid volume of 38 billion yuan and a winning bid volume of 38 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.February 14th - According to the Ministry of Water Resources, since entering the dry season last November, rainfall in most parts of the Pearl River Basin has been 30% lower than normal, leading to increased saltwater intrusion in the Pearl River Estuary. To date, the Pearl River Water Resources Commission of the Ministry of Water Resources has scientifically managed the Longtan, Datengxia, and Baise reservoirs in the upper reaches of the Xijiang River to replenish downstream water by nearly 9 billion cubic meters. The average flow rate at the Wuzhou hydrological station, a control station on the main stream of the Xijiang River, has increased by 60%, effectively suppressing saltwater intrusion in the estuary. Freshwater intake and storage in the Guangdong-Hong Kong-Macao Greater Bay Area are at their best levels in nearly 10 years, ensuring water supply security for the Greater Bay Area during the Spring Festival.On February 14th, according to a Kyodo News report on February 13th, Japans Minister in charge of AI (Artificial Intelligence) Strategy, Kimi Onoda, addressed concerns about copyright infringement and inappropriate content in a Chinese-funded AI video generation service at a press conference following a cabinet meeting. She stated that she would "expedit the assessment of the actual situation," indicating the governments intention to launch an investigation. The AI video generation model reportedly refers to Seedance 2.0, developed by ByteDance. Multiple videos created by this AI have been circulating on social media platforms (SNS). Onoda stated that she was aware of the actual situation and emphasized that it was unacceptable to ignore cases where content was used without the copyright holders permission. She also indicated that she would communicate with ByteDance to improve the situation. Besides the aforementioned service, other generative AI services have also been found to use existing characters or real people to create images or videos without permission, which has become a social problem.Peace Talks: 1. Trump: The Ukrainian president "must take action" on the Russia-Ukraine conflict. 2. US media: European officials do not expect the Munich Security Conference to lead to a breakthrough between Russia and Ukraine; the US, Russia, and Ukraine may meet again next week. 3. Russian Presidential Press Secretary Peskov: A new round of Russia-US-Ukraine talks will be held in Geneva, Switzerland, from February 17 to 18. The Russian delegation will be led by Russian Presidential Aide Medinsky. 4. A Ukrainian presidential advisor stated that the Ukrainian delegation is preparing to participate in a new round of trilateral talks to be held from February 17 to 18. 5. According to the New York Times: Ukraine stated that with the midterm elections approaching, the US is increasing pressure to reach an agreement. Other Developments: 1. British media: US Secretary of State Rubio was absent from the Munich Ukraine meeting. 2. Hungary accused Ukraine of blocking Russian oil transit "politically motivated," which Ukraine denied. 3. Market news: The US Department of Commerce has preliminarily supported a mining companys application to impose anti-dumping duties of nearly 133% on imported Russian palladium. 4. Kremlin: Russia and the United States have discussed trade and economic cooperation. Russia has not decided to stop using the dollar; rather, it is the United States that has imposed related restrictions.

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


微信截图_20220507103127.png


The DAX is falling as industrial output declines.


After a slaughter on Wall Street that saw the Nasdaq finsh 5% down, European equities have begun in the red, extending losses from the previous day.


Fears of inflation, stagflation, and recession are weighing on the market as we approach the weekend. The DAX is expected to shed 1.4 percent this week, marking the fifth consecutive week of losses.


In March, German industrial output decreased -3.9 percent on a month-over-month basis, down from 0.2 percent in February and considerably below the -1 percent drop forecast. The negative report comes on the heels of a sharp drop in German manufacturing orders in March. The data represents the economic effect of the Russian conflict on Germany and the Eurozone as a whole.


Germany does not have any additional statistics due today. Sentiment and the US NFP announcement will affect European indexes.