EUR/USD 1.15939
0.167%
Gold 4347.93
0.317%
Oil 84.474
0.197%
USD/JPY 159.247
-0.227%
GBP/USD 1.35503
0.140%
GBP/JPY 215.788
-0.079%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 19th, it was reported that the 18th Plenary Session of the China Artificial Intelligence Industry Development Alliance was held in Beijing on August 18th. Gan Xiaobin, Deputy Director of the Science and Technology Department of the Ministry of Industry and Information Technology, pointed out in his speech that the Ministry of Industry and Information Technology has thoroughly implemented the decisions and deployments of the CPC Central Committee and the State Council, adhering to the principle of taking manufacturing as the main battlefield and application-driven development as the main line to promote the development of the artificial intelligence industry and empower new industrialization. The next step will be to seize the opportunities of change and promote technological innovation, application implementation, ecosystem cultivation, and security governance in an integrated manner. First, driven by technological breakthroughs, we will accelerate breakthroughs in key core technologies such as intelligent chips and explore cutting-edge technologies such as brain-like intelligence, world models, and physical models. Second, driven by scenario applications, we will deeply implement "analog-data resonance," humanoid robots, and embodied intelligence real-world training, creating a virtuous cycle of mutual promotion among models, data, and scenarios. Third, supported by ecosystem optimization, we will adhere to standard leadership, accelerate the development and application of standards in key areas, and launch influential de facto standards. Fourth, guaranteed by security governance, we will launch a pilot action for ethical review, improve the artificial intelligence science and technology ethics governance system, innovate security governance technology tools, and establish a security governance mechanism covering the entire life cycle.UAE officials say reports of providing financial facilities to Iran are untrue.On August 19th, it was learned from Xiaomi that their upcoming next-generation humanoid robot will be approximately 1.7 meters tall, weigh 66 kilograms, and have 66 degrees of freedom, half of which are concentrated in its hands. Currently, this robot is a prototype and will be exhibited in Europe after its initial domestic debut. In 2022, Xiaomi released its full-size humanoid robot "Tieda," nearly two months earlier than the Tesla Optimus prototype. Tieda was 1.77 meters tall, weighed 52 kilograms, and had 21 degrees of freedom. Since then, Xiaomi has released little information regarding its robotics products.The Russian Ministry of Defense stated: "We struck fuel storage tanks at the port of Chernomorsk in Ukraine and a military cargo ship in the Black Sea."The governor of Kherson Oblast in Ukraine said that a Russian drone attack on a bus killed four people.

USD/JPY falls to 146.00 as the DXY weakens and interest in BOJ policy rises

Alina Haynes

Oct 27, 2022 15:28

 截屏2022-10-27 上午10.02.34.png

 

During the Asian session, in response to negative signals from the US dollar index, the USD/JPY pair plunged below 146.00. (DXY). Following Wednesday's low of 146.22, the asset's two-day downward trend has extended. The main index is reaching the bottom of Monday's knee-jerk reaction near 145.77 as it continues to decline.

 

The dollar bears are facing a severe sell-off due to the positive market sentiment. The risk-sensitive currencies have benefited from an increase in risk appetite. The US dollar index (DXY) has struck a new monthly low of 109.56 and is anticipated to stay volatile until the release of crucial US economic data.

 

The increased demand for U.S. government bonds has resulted in a decline in yields. This is due to the global markets' increased confidence. The yield on 10-year United States Treasury notes has decreased to 4%.

 

According to estimates, the Gross Domestic Product of the United States expanded by 2.4% in the third quarter. Despite the ultra-hawkish monetary policies of the Federal Reserve (Fed) and the previously disclosed 0.6% fall in growth, forecasts indicate a positive growth rate.

 

In addition, US Durable Goods Orders data will continue to be a key point. Compared to a reduction of 0.2%, it is projected that economic statistics will increase by 0.6%. Notable is the increase in core inflation, which includes oil and food prices. In spite of this, the predicted increase in demand for durable goods in the United States demonstrates healthy household demand.

 

Investors in Tokyo are anticipating the Bank of Japan's (BOJ) interest rate decision on Friday. In view of the shocks to foreign demand, BOJ Governor Haruhiko Kuroda will continue an ultra-loose monetary policy to stimulate the outlook for economic development. In addition, Japanese policymakers are anxious that the inflation rate could go below 2%; hence, an extremely liberal policy is the best alternative.

Suggestion