EUR/USD 1.13411
1.253%
Gold 3230.85
1.745%
Oil 60.969
1.836%
USD/JPY 143.594
-0.586%
GBP/USD 1.30744
0.792%
GBP/JPY 187.731
0.248%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 12, Wei, a former staff member of a research institute under a military industrial group, was approached and met by a foreigner who looked like a tourist in a park. This foreigner was actually a spy. Under the temptation of interests, Wei began to steal secrets crazily, selling out the core secrets of our key areas of technology research and development and practical application. As a network administrator, he used a mobile hard drive to copy confidential information in batches; used a mobile phone to secretly photograph files on the screen of a confidential computer; secretly made a key to the leaders office, sneaked into the leaders office many times on weekends to steal secrets, and even secretly recorded the content of internal meetings. Wei was sentenced to life imprisonment for espionage, deprived of political rights for life, and confiscated all personal property and recovered illegal criminal proceeds.According to the Wall Street Journal: Binance tried to curb U.S. regulation while negotiating a deal with Trumps crypto company.Conflict situation: 1. Russian Defense Ministry: In the past 24 hours, the Ukrainian army lost 235 soldiers in the Kursk region. 2. Russian Defense Ministry: Ukraine launched five attacks on Russian energy infrastructure facilities in the past 24 hours. 3. The Ukrainian Air Force said that Russia launched 39 drones and a ballistic missile at night. The Air Force shot down 24 drones, and another 13 did not reach the target. Peace talks: 1. People familiar with the matter: The atmosphere of the US-Ukraine talks was tense, and the prospects for reaching a mineral agreement were slim. 2. Ukrainian President Zelensky: Military pressure is needed to force Russia to reach a peace agreement. 3. The Kremlin: Russian President Putin and Vitkov will discuss solutions for Ukraine. 4. German Defense Minister: It is important that the US Secretary of Defense participated in the meeting in support of Ukraine, although it was only online participation. 5. Trump said on social media about the Russian-Ukrainian conflict: Russia must act. Too many people died in this terrible and meaningless war. 6. Kremlin spokesman Peskov downplayed the planned Vitkov-Putin meeting, telling Russian official media that the visit of the US envoy was not "significant" and no breakthrough was expected. Other situations: 1. Kremlin: Putins call with Trump is theoretically possible. 2. Ukrainian media: Germany plans to provide Ukraine with 7 billion euros in military aid this year. 3. Ukraine established diplomatic relations with Somalia, and Kiev continued its efforts to expand relations with African countries. 4. Ukrainian President Zelensky: Call on allies to focus on providing Ukraine with 10 sets of "Patriot" air defense systems. 5. Russian President Putin: It is expected that the funds used to develop the Russian Navy will reach 8.4 trillion rubles in the next 10 years. 6. EU High Representative for Foreign Affairs and Security Policy: So far, EU countries have pledged 23 billion euros in military aid to Ukraine this year, higher than last year. 7. The Danish Parliament has taken an important step towards approving a defense cooperation agreement with the United States. If the agreement is approved, it will allow the US military to widely station troops and store equipment in Denmark.On April 12, Russian President Vladimir Putin met with visiting US Middle East envoy Vitkov in St. Petersburg. The two sides held consultations on issues related to the situation in Ukraine. The Kremlin said the talks were held behind closed doors and covered many aspects of resolving the Ukrainian issue. According to TASS, Vitkov left St. Petersburg by plane that night.April 12th news: On the evening of the 11th local time, Houthi armed forces military spokesman Yahya Saraiya said in a speech that the Houthi armed forces attacked two military targets in Israels Jaffa region through drones.

Despite the Bank of England's less hawkish forecasts, GBP/USD is expected to rise beyond 1.2170

Daniel Rogers

Aug 04, 2022 11:52

截屏2022-08-04 上午11.47.01.png 

 

The GBP/USD pair has showed a modest retreat after failing to reclaim the 1.2170 resistance level. As the US dollar index (DXY) is projected to extend losses below 106.30, the upside stays favored. After a good fall to the round-number support around 1.2100, the asset has resumed its general uptrend.

 

As investors await the Bank of England's monetary policy decision, the cable might exhibit some volatility in the near future (BOE). In consideration of market expectations, BOE Governor Andrew Bailey will raise interest rates to 1.75 percent as a second successive 50 basis point (bps) increase is anticipated.

 

No one could dispute the reality that households in the United Kingdom are suffering tremendous pricing pressures. The inflation rate has risen to 9.4 percent, and there have been no indicators of a peak as of yet. The rate of inflation might reach double digits if the rate of price growth continues to accelerate, and families will be forced to pay more for identical quantities.

 

Well, a 50 basis point rate boost is insufficient to battle the inflation monster. However, dismal growth estimates and a decrease in the Labor Cost Index prevent the BOE from sounding excessively hawkish.

 

On the dollar front, the US dollar index (DXY) is experiencing uncertain movement as the visit to Taiwan by US House Speaker Nancy Pelosi has exacerbated protracted Sino-US tensions. The United States has held the global leadership position for a considerable amount of time, and China is keen to take over. Therefore, the United States' backing for Taiwan, a country with enormous technical potential, has exacerbated tensions between the United States and China.


Suggestion