EUR/USD 1.16145
0.059%
Gold 4599.21
-0.365%
Oil 59.836
1.204%
USD/JPY 158.182
-0.272%
GBP/USD 1.33985
0.123%
GBP/JPY 211.945
-0.139%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Hong Kong Stock Exchange documents, Shandong Huawutang Cosmetics Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.On January 16th, the Shanghai Federation of Industry and Commerces Artificial Intelligence Committee held a themed event entitled "Building a Foundation for AI with Core Technologies, A Digital and Intelligent Future." During the event, the committee issued a proposal to the entire industry, advocating for open collaboration and breaking down barriers in the new stage of AI system integration and ecosystem building. The proposal calls for concerted efforts in data, models, computing power, and applications to jointly build a new industrial ecosystem of "core technologies, models, data, and intelligence." The proposal urges the entire industry to actively participate in the construction of a data circulation and trading system, strengthen data governance and security protection, jointly build a trustworthy data market, and unleash the value of data elements; increase investment in model research and development and collaborative innovation; and unite with universities, research institutions, and industry partners to build a capability foundation.State Streets assets under management are $5.7 trillion, compared to market expectations of $5.62 trillion.According to Hong Kong Stock Exchange documents, Shanghai Magnesium Health Technology Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.On January 16, Liu Wei, Secretary of the Party Leadership Group and Minister of Transport, visited the China Transport Telecommunications Information Center and chaired a symposium. At the symposium, Liu Wei emphasized the need to focus on core responsibilities, cultivate new growth points, seize the opportunities presented by satellite internet development, promote the large-scale innovative application of artificial intelligence in the transportation sector, upgrade services such as the 12328 hotline, dynamic monitoring of passenger and hazardous goods vehicles, and maritime monitoring, popularize the application of intelligent agents, and integrate scientific research capabilities and high-quality resources to support the digital and intelligent upgrading of the industry.

WTI Price Analysis: Testing the $80 level versus the broad USD

Daniel Rogers

Apr 11, 2023 14:20

 截屏2023-01-13 下午5.17.06.png

 

On Monday, crude oil prices are lower as a risk-averse sentiment underpins the U.S. dollar. The price of the black gold is a few cents above its intraday low of $79.71 per barrel and is approaching the range's bottom.

 

Early in April, the Organization of the Oil Exporting Countries and Allies (OPEC+) astonished market participants by announcing a 1.16 million-barrel-per-day reduction in their oil output, which pushed West Texas Intermediate (WTI) approximately 5.5% higher on April 3 and left a $4 void. Since the announcement, WTI has been consolidating between $79 and $81.80, unable to find fresh directionality.

 

Higher energy prices have contributed to inflation's meteoric rise, and OPEC+'s decision came as a complete surprise, reigniting concerns not only about price pressure but also about economic growth.


Suggestion