EUR/USD
1.15494
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Gold
4321.63
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Oil
99.263
2.208%
USD/JPY
154.328
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1.34918
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Real-time News
Iranian Foreign Ministry Spokesperson: The guarantee of navigational safety must be implemented equally for all countries.On September 14, Foreign Ministry Spokesperson Guo Jia-kun held a regular press conference. A reporter asked about a US AI companys claim that Chinas AI development poses a threat to the US. Guo Jia-kun stated that the development of artificial intelligence concerns the common well-being of all humanity. All parties should jointly promote open, inclusive, universally beneficial, and benevolent AI. Spreading various threat narratives and engaging in confrontational and malicious competition will only interfere with the global governance process of AI and is not in the interest of any party.On September 14, Foreign Ministry Spokesperson Guo Jiakun stated at a regular press conference that China is deeply concerned about the recent escalation of tensions in Yemen and the Red Sea, which has resulted in civilian casualties and damage to civilian infrastructure, including energy facilities. Attacks on civilian infrastructure vital to peoples livelihoods are unacceptable. Increased instability in the region is not in the interests of any party, and the sovereignty and security of all countries should be respected. Resolving disputes through political and diplomatic means is the only way out. China calls on all relevant parties to exercise restraint, ease tensions through communication and dialogue, and promote a rapid de-escalation of the situation.Iranian Foreign Ministry Spokesperson: Foreign policy decisions are a multidimensional and wisdom-based process.On September 14th, futures market news reported that expectations for supply recovery are gradually rising, leading to a continued accumulation of domestic inventory and hindering a strengthening of spot premiums. Domestic inventory accumulation reflects relatively ample spot supply, coupled with weak peak season demand, putting pressure on the spot market. While most traders are maintaining normal shipments, large-scale restocking by end-users has not yet occurred. Although low LME inventory provides some support for LME tin, domestic exchange inventory continues to increase, and with persistently unstable macroeconomic sentiment, downward pressure on prices is constantly strengthening. The tin market is in a phase of balancing between positive long-term demand expectations and weak short-term realities. AI and semiconductors offer long-term demand potential, but the slow recovery of traditional consumption in the short term and the existing inventory accumulation in China create real pressure. At the macro level, the US dollar, geopolitical conflicts, and uncertainties in overseas trade policies continue to disrupt the market, further increasing downward pressure on prices in the short term. Going forward, it is necessary to continuously monitor domestic and international inventory changes, the fulfillment of downstream peak season orders, and macroeconomic variables such as the US dollar and geopolitics, and be wary of continued significant market volatility.
