EUR/USD 1.16309
0.065%
Gold 4376.89
0.496%
Oil 91.887
-0.346%
USD/JPY 153.350
-0.409%
GBP/USD 1.35462
0.047%
GBP/JPY 207.735
-0.370%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 9th, Ant Financial announced the official release and open-sourcing of Ling-3.0-flash-VL, the first native multimodal large-scale model in the Bailing series. The model is based on the MoE architecture of Ling-3.0-flash, with a total of 124B parameters and 5.5B parameters activated per inference. It natively supports image, text, and video input, and the context window reaches 256K tokens. Focusing on "how to complete real-world tasks more reliably and efficiently," Ling-3.0-flash-VL explores three key directions: Adding visual capabilities to large models is a common concern that it might lower text intelligence. Our training practices have yielded the opposite conclusion: native multimodal joint training not only expands application boundaries but also enhances text intelligence. Ling-3.0-flash-VL introduces a visual feedback mechanism—observing execution results, comparing with targets, identifying deviations, and continuously correcting—transforming the task from a one-time "generation" into a closed loop of "observation → action → verification → correction," making the execution results more reliable. Ling-3.0-flash-VL inherits the core advantage of Ling-3.0-flash as a high-efficiency execution node in the Agent workflow, balancing output quality and execution efficiency in the visual feedback loop, and advancing the complete task at a lower cost and in a shorter time.September 9th - To further improve the management mechanism for narcotic and psychotropic drugs in medical institutions, ensure reasonable clinical needs, and prevent them from flowing into illegal channels, the National Health Commission, together with the State Administration of Traditional Chinese Medicine, the National Center for Disease Control and Prevention, and the Logistics Support Department of the Central Military Commission, has revised the "Regulations on the Management of Narcotic Drugs and Class I Psychotropic Drugs in Medical Institutions" issued in 2005, and formulated the "Regulations on the Management of Narcotic Drugs and Psychotropic Drugs in Medical Institutions," which will be implemented on October 1, 2026.On September 9th, BlackRock strategists stated in a research report that the impact of Japans interest rate reset has transcended its borders as capital competition intensifies. The strategists believe a feedback loop exists in the bond market: "Rising US interest rates could weaken the yen and pressure the Bank of Japan to act more quickly; conversely, rising Japanese interest rates could attract more capital repatriation, reducing demand for US Treasuries and thus pushing up US borrowing costs." They pointed out that decades of ultra-low domestic yields in Japan have made the country a major capital exporter, currently holding approximately $1.1 trillion in US Treasuries. If Japanese investors were to repatriate 5% of their funds, it would amount to $55 billion, roughly a quarter of the total increase in US Treasuries held by foreign investors last year.On September 9th, Yonhap News Agency reported that Kim Kyung-hoon, head of OpenAI Korea, stated at a press conference in Seoul on Wednesday that demand for AI chips is expected to continue to grow, and OpenAI will continue to prioritize cooperation with South Korean semiconductor supply chain companies. Kim stated, "Having advanced semiconductors to support faster and more complex AI processing is crucial." He reiterated his market optimism regarding the AI memory chip boom after OpenAI released its latest AI model, GPT-6 Astra, earlier this month. When asked about the South Korean governments push to invest in developing cutting-edge domestic AI models, the former Google executive said he has a "positive view" of it, as it not only broadens user choices but also helps cultivate South Koreas entire AI ecosystem—from the semiconductor supply chain to AI-related talent.September 9th - South Korea has reportedly dispatched a team to assess the situation in the Strait of Hormuz, indicating that the country is further considering the possibility of deploying troops to the region amid increasing US pressure for its assistance in military action against Iran. South Koreas Ministry of National Defense stated in a statement Tuesday evening, "The purpose of dispatching this team is to assess the local political and security situation." The Ministry also emphasized, "This assessment itself does not mean that South Korea has presupposed any military deployment." The South Korean presidential office stated that whether or not to conduct military deployment is still under discussion and no decision has been made. According to Yonhap News Agency, the assessment team departed for the UAE over the weekend and will report its findings to the National Security Council upon its return. The Ministry of National Defense declined to disclose the teams current location, citing operational security concerns.

Despite the fact that Eurozone interest rates are anticipated to peak sooner, the EUR/GBP looks to have breached over 0.8630

Daniel Rogers

Dec 07, 2022 15:12

 EUR:GBP.png

 

The EUR/GBP pair has had a stronger recovery from 0.8580 during the Asian session, approaching the pivotal 0.8630 level. Despite the European Central Bank (ECB) being close to reaching an interest rate high, there has been strong demand for Euro bulls. Thus, the monetary policy meeting scheduled for next week will be of utmost significance.

 

The cross is attempting to break strongly above the significant barrier of 0.8630 for the fourth time this week. The hawkish remarks made by ECB policymakers are holding back the euro bulls.

 

"There will be another rate hike," said Constantinos Herodotou, governor of the Central Bank of Cyprus, "but we are very near to neutral." The European Central Bank's chief economist, Phillip Lane, is unsure as to whether the inflation peak has already occurred or will take place in 2019. He stated that although "much has already been done," he does not rule out more rate increases.

 

Investors are currently looking forward to Christine Lagarde's speech, which will be revealed on Thursday. The ECB President is likely to lower her inflation projection in her future statement in light of the poor retail sales numbers.

 

In contrast to expectations for a 1.7% loss, this week's Eurozone retail sales numbers showed a 1.8% decline. Aside from that, annual economic data contraction came in at 2.7% as opposed to the 2.6% consensus expectation. A decline in household demand demonstrates the effectiveness of the European Central Bank's (ECB) policy tightening initiatives. To reach their sales targets, firms could feel pressured to lower the prices of their products and services.

 

The United Kingdom's deteriorating food crisis, brought on by growing costs and a labor shortfall, has had an impact on the Pound Sterling. According to Minette Batters, president of the National Farmers Union, "the government and the entire supply chain must act swiftly." The Financial Times stated that "tomorrow might be too late." The economy already faces rising food inflation, and the issue with the supply of food will make matters worse.


Suggestion