EUR/USD
1.15305
-0.067%
Gold
4676.00
-1.726%
Oil
103.832
10.230%
USD/JPY
159.561
-0.021%
GBP/USD
1.32099
-0.121%
GBP/JPY
210.762
-0.109%
Real-time News
April 3 - According to data from online platforms, as of April 3, the total box office revenue for films in 2026 (including pre-sales) has exceeded 12 billion yuan.On April 3, Carson Groups chief macro strategist, Sonu Varghese, stated that the latest labor force data indicates that the economy is adding enough jobs to keep pace with population growth. However, he pointed out, "This will complicate matters for the Federal Reserve, making it pointless to consider rate cuts, especially given the scale of the impending inflationary shock." He added that inflation was already present before the Middle East crisis that caused energy prices to soar, "ultimately, last years rate cuts appear to have been a mistake."April 3rd - According to foreign media reports, strong US labor market data reduced market bets on a Federal Reserve rate cut this year, causing US Treasury prices to fall and yields to rise by 3 to 5 basis points, with the policy-sensitive two-year Treasury yield leading the gains. The market had previously expected the Fed to ease monetary policy by only about 1 basis point this year, compared to about 4 basis points before the report was released. David Robin, interest rate strategist at TJM Institutional Services LLC, said the Fed is "very likely to keep rates unchanged until the end of June, or even longer." He added, "This is pre-conflict data, but even so, it shows a higher baseline (for rate cuts)."On April 3, the Ministry of Commerce held a national teleconference to advance the "trade-in" program for consumer goods, summarizing the progress and achievements of the program in the first quarter and outlining key tasks for expanding consumption in the next phase. Vice Minister of Commerce Sheng Qiuping attended and addressed the meeting. Representatives from Zhejiang, Henan, Chongqing, and Shenzhen shared their experiences in expanding consumption. Jiangxi and Hunan explained the slow progress in disbursing subsidies for the "trade-in" program. The meeting emphasized that all regions and relevant departments should continuously optimize the implementation mechanism of the "trade-in" policy and ensure its effective and orderly implementation. It stressed accelerating the efficient direct connection between central and local platforms, strengthening data connectivity and interaction, continuously improving the efficiency of subsidy review and disbursement, and enhancing the consumer experience. The meeting also emphasized maintaining a strict approach, rigorously preventing and investigating fraudulent subsidy claims, and severely cracking down on illegal and irregular activities to ensure that subsidy funds are used effectively and achieve tangible results.Iranian media quoted the deputy political governor of Ilam province as saying that claims of US troops entering or being deployed in Ilam province by helicopter are untrue, and that the security situation in Ilam province is currently completely stable; we urge the public not to pay attention to rumors and to obtain information through official channels.
