EUR/USD 1.14754
0.065%
Gold 4075.33
0.226%
Oil 82.848
-0.878%
USD/JPY 162.760
-0.391%
GBP/USD 1.33888
0.155%
GBP/JPY 217.921
-0.235%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The EU says the latest funding for Ukraine will be used for drones, missiles, air defense systems and fighter jets.On July 30th, according to the China Automotive Standardization Institute, on July 29th, 2026, the National Automotive Standardization Technical Committees Intelligent Connected Vehicle Subcommittee (SAC/TC114/SC34) and the German Association of the Automotive Industry (VDA) organized the "First Meeting of the Sino-German Working Group on Intelligent Connected Vehicle Standards and Specifications in Beijing." Against the backdrop of Sino-German cooperation in intelligent connected vehicles, delegations from both sides exchanged and discussed the progress of research and implementation experience in Sino-German intelligent connected vehicle standards and regulations, and launched a joint Sino-German research project. Experts from the China Automotive Technology and Research Center (CATARC), Equipment Center, BMW, TÜV Rheinland, and Bosch exchanged information on various topics, including the progress of Chinas intelligent connected vehicle access pilot programs, the European DCAS framework, the application guidelines for combined driving assistance safety requirements, the implementation of EU automotive data regulations, parking-related standard planning and progress, and global regulatory adaptation and best practices. They also launched a joint Sino-German research project on the standardization needs of cross-border automotive data circulation.On July 30th, China Securities Index Co., Ltd. announced that it will officially launch the CSI Hong Kong Stock Connect Semiconductor Industry Index, CSI Hong Kong Semiconductor Industry Index, CSI Hong Kong Stock Connect New Energy Index, and CSI Hong Kong New Energy Index on July 31, 2026, providing the market with a wider range of investment targets. The CSI Hong Kong Stock Connect Semiconductor Industry Index and the CSI Hong Kong Semiconductor Industry Index will each select 30 listed companies with businesses related to the semiconductor industry from the Hong Kong Stock Connect and Hong Kong stock markets, respectively, to reflect the overall performance of these listed companies. Similarly, the CSI Hong Kong Stock Connect New Energy Index and the CSI Hong Kong New Energy Index will each select 30 listed companies with businesses related to upstream resources, production, storage, and applications of new energy from the Hong Kong Stock Connect and Hong Kong stock markets, respectively, to reflect the overall performance of these listed companies.Market news: Sources say shipping data shows that an oil tanker that was originally scheduled to load cargo at CPC terminal is now sailing away from the Black Sea.July 30th - Preliminary data released by Italy on Thursday showed that the economy grew by 0.2% in the second quarter compared to the first three months, slightly exceeding market expectations and providing support for the economic outlook for this year. The Italian National Institute of Statistics (ISTAT) stated that Italys GDP grew by 1.0% year-on-year in the April-June period, also significantly higher than market expectations. Economists had previously predicted GDP growth of 0.1% quarter-on-quarter and 0.7% year-on-year. The data indicates that despite a sharp rise in energy costs due to the conflict with Iran, the Italian economy performed better than market expectations. ISTAT stated that the second-quarter quarter-on-quarter growth was mainly due to a positive contribution from domestic demand, the increase of which was sufficient to offset the drag on economic growth caused by trade. The ISTAT did not release specific data for each component in the preliminary figures, but indicated that the service sector grew, while industry and agriculture both contracted.

With RBA policy in the forefront, AUD/NZD sustains a weekly low at 1.0900

Daniel Rogers

Aug 01, 2022 12:16

截屏2022-08-01 上午9.53.05.png 

 

After dropping near to a crucial support level of 1.0900 during the Asian trading session, the AUD/NZD pair has since recovered considerably. Several offers have been submitted for the asset, and a purchase response is in the process. Strong purchase activity typically indicates that consumers thought the underlying product was a wise investment.

 

The cross is turning upwards as investors prepare for forceful words from the Reserve Bank of Australia (RBA). For the third time in a row, RBA Governor Philip Lowe is expected to increase the Official Cash Rate (OCR) by 50 basis points (bps). Australia's inflation rate has increased to 6,1% as of the second quarter of CY2022, which has led to increased pricing pressure. Since the prices of commodities like oil and food continue to fluctuate, the inflation rate has not yet run out of room to rise.

 

In today's session, the release of the Caixin Manufacturing PMI data is quite important. The economic data is predicted to register at 51.5, slightly below the prior level of 51.7. A reduction in Chinese industrial activities will have an impact on the antarctic because Australia is China's main trading partner.

 

On the New Zealand front, kiwi bulls anticipate the release of employment numbers on Tuesday. According to projections, the jobless rate will drop from the previously reported 3.2 percent to 3.1 percent. In addition, the Employment Change may increase from the previous 0.1 percent to 0.4 percent.


Suggestion