EUR/USD 1.17797
0.486%
Gold 4723.80
0.784%
Oil 92.012
-2.817%
USD/JPY 156.725
-0.130%
GBP/USD 1.36276
0.570%
GBP/JPY 213.582
0.450%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 9th, the Hebei Securities Regulatory Bureau emphasized its requirements regarding securities transaction commission standards. The notice stipulates a minimum commission rate, specifying that A-share, B-share, and mutual fund transaction commissions will be subject to a maximum ceiling with downward fluctuations. Malicious low-price competition is strictly prohibited, and commissions must not be lower than the combined costs of collected securities transaction regulatory fees and securities exchange handling fees, ensuring the healthy and orderly development of the industry. Furthermore, the notice strictly prohibits the use of unfair means such as cash rebates, gifts, or providing non-securities services to attract customers.On May 9, Ibrahim Manzo Diallo, president of the Niger National Communications Observatory, announced on May 8 that the country would suspend the broadcasting of approximately 10 French media outlets, citing their repeated dissemination of content that "may seriously endanger public order, national unity, social cohesion, and the stability of the republics institutions."On May 9, the Beijing Securities Regulatory Bureau disclosed an administrative penalty decision, in which Feng Pengpeng and Ban Keke were punished for fabricating and disseminating false information involving chip orders of listed companies, thereby disrupting the securities market. Their illegal gains were confiscated, and they were fined 200,000 yuan and 250,000 yuan respectively.May 9th - Data released today by the General Administration of Customs shows that in the first four months of this year, my countrys total import and export value of goods reached 16.23 trillion yuan, a year-on-year increase of 14.9%, continuing its strong growth momentum. In the first four months, my countrys exports of electromechanical products reached 5.92 trillion yuan, an increase of 17.6%, accounting for 63.5% of my countrys total exports. Among them, exports of green and low-carbon products such as electric vehicles, lithium batteries, and wind turbine generators increased by 68.1%, 43.2%, and 40.7% respectively, while exports of industrial robots increased by 30%.On May 9th, Ant Financial released its trillion-level flagship thinking model, Ring-2.6-1T, designed specifically for complex real-world tasks. The model innovatively introduces an adjustable Reasoning Effort mechanism, supporting two levels of inference intensity: high and xhigh. In real-world task execution benchmarks, it scored 87.6 on PinchBench, outperforming GPT-5.4x High, Gemini-3.1-Pro high, and Claude-Opus-4.7x high. In challenging inference tasks, ARC-agi-V2 scored 77.78, placing it on par with Gemini-3.1-Pro high and Claude-Opus-4.7x high.

WTI struggles to surpass $85.00 despite the fact that hurricane Fiona and US President Biden favor bulls

Alina Haynes

Sep 19, 2022 14:39

156.png 

 

After declining for three consecutive weeks, WTI crude oil prices posted modest gains around $85.30 during Monday's Asian session as traders prepared for the Fed's monetary policy decision. In addition to price-positive news from China and the United States concerning Hurricane Fiona, the price of black gold remains positive. In addition, statements from Vice President Joe Biden appeared to have supported oil prices during a lackluster session.

 

Recent information from the National Hurricane Core (NHC) indicates that the center of hurricane Fiona will approach the northern shore of the Dominican Republic tonight. The Reuters update also stated, "Hurricane Fiona is currently traveling west of Puerto Rico and is headed for the eastern Dominican Republic, producing devastating flooding."

 

The news that Dalian, a city in the Chinese province of Liaoning, will remove the citywide lockdown on Monday also seems to have supported the WTI recovery. On the same line, US President Biden is quoted as saying, "I'm more positive than I've been in a very long time." The national leader also claimed that inflation will be brought under control.

 

Nonetheless, the oil bears are optimistic due to the Fed's hawkish wagers and the economic concerns emanating from China and Europe. Initial September Consumer Sentiment readings from the University of Michigan came in at 59.5, up from 58.6 the previous month but below market expectations of 60.0. With the stronger US statistics, the probability of a 75 basis point (bps) rate hike by the Federal Reserve increased to over 80%, or 82% at the time of publication, while the market's estimates of a complete one percentage point increase in the Fed rate jumped to 18%.

 

In the future, demand concerns are likely to continue exerting downside pressure on the energy market, despite the fact that the absence of important data/events on Monday and hurricane updates are likely to assist the black gold in recouping recent losses.


Suggestion