EUR/USD
1.18168
0.035%
Gold
3661.30
0.039%
Oil
63.517
-0.140%
USD/JPY
146.935
-0.031%
GBP/USD
1.36260
0.018%
GBP/JPY
200.217
-0.002%
Real-time News
On September 18th, many consumers reported on social media that they couldnt buy lemonade at various Mixue Ice City stores. A source close to Mixue Ice City reported that some stores in certain regions have recently experienced fluctuations in raw material supply due to weather delays in the arrival of a batch of imported lemons. Furthermore, Sichuan and Chongqing lemons have entered their harvest season and require storage for optimal taste, leading to supply shortages in some areas. However, overall lemon reserves are sufficient. A large volume of imported lemons is about to arrive, and the stored lemons have been evaluated and tested to meet usage standards. They are being distributed to stores, and the lemon shortages will soon be resolved.According to futures data from September 18th, Japans commercial crude oil inventories increased by 196,072 kiloliters to 10,698,257 kiloliters in the week ending September 13th. Gasoline inventories increased by 46,361 kiloliters to 1,691,790 kiloliters. Kerosene inventories decreased by 5,766 kiloliters to 2,692,860 kiloliters. The average refinery operating rate in Japan was 84.0%, compared to 87.6% the previous week.Samsung Electronics: Hiring 60,000 employees over the next five years; positions will focus on chips, biotechnology and artificial intelligence.According to futures data on September 18, overnight shibor was 1.5140%, up 3.10 basis points; 7-day shibor was 1.5280%, up 0.90 basis points; 14-day shibor was 1.5810%, down 2.60 basis points; January shibor was 1.5440%, up 0.30 basis points; March shibor was 1.5560%, up 0.20 basis points.On September 18th, Nick Timiraos, the "Federal Reserve mouthpiece," stated: "When the Federal Reserve cut interest rates on Wednesday, it superficially looked like a routine monetary policy operation. The market reaction was relatively muted, and Chairman Jerome Powell largely avoided the heated disagreements sparked by the decision, despite it occurring against the backdrop of unprecedented political confrontation." The policy shift initiated by Powells rate cut on Wednesday may represent his last effort to demonstrate that an independent US central bank remains capable of guiding the economy in a complex environment, rather than surrendering its independence before officials more aligned with President Trumps priorities gain greater control. Powells term as chairman will end next spring. For the third time in his tenure, Powell attempted an extremely delicate maneuver: cutting interest rates not because a recession is imminent, but to prevent one.
