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January 10th - AAC Technologies announced the first comprehensive demonstration of its humanoid robot solution, covering both the execution and perception systems. The solution has already gained recognition from leading industry clients, leading to ongoing in-depth collaborative projects, including finger linear joints, six-dimensional force sensors, and joint development of complete hand assembly, all aimed at propelling humanoid robot products from the laboratory to real-world applications.On January 10th, the Cyberspace Administration of China drafted the "Regulations on the Collection and Use of Personal Information by Internet Applications (Draft for Public Comment)," and is now soliciting public opinions. The draft stipulates that internet applications should provide users with a convenient function to cancel their accounts. When users cancel their accounts, except in cases where it is truly necessary to prevent black market activities or for security risk control, internet applications may not require users to provide additional personal information beyond what the application has already collected, such as facial recognition data or photos of users holding their ID cards. Furthermore, internet applications must complete account cancellation within 15 working days, deleting or anonymizing the collected personal information, unless otherwise stipulated by laws and administrative regulations.The Iranian military has called on its citizens to remain vigilant in order to thwart enemy plots.On January 10th, the Cyberspace Administration of China (CAC) drafted the "Regulations on the Collection and Use of Personal Information by Internet Applications (Draft for Public Comment)," and is now soliciting public opinions. The draft stipulates that internet applications should only request necessary personal information permissions when users use specific functions, and must simultaneously inform users of the purpose of use; prior requesting is prohibited. If a user refuses, the internet application must not frequently request such permissions, thus affecting the users normal use of other functions. Internet applications must not collect or use personal information before the user agrees to the rules for collecting and using personal information, and must not collect or use personal information beyond the purpose, method, type, or retention period agreed upon by the user. The permissions requested by internet applications must be directly related to the current functional scenario, and personal information should be collected only when the user uses a specific function, with the lowest frequency and smallest scope required. Permissions should be stopped when the current functional scenario no longer requires them, and unnecessary personal information should not be collected or unnecessary permissions should be requested.On January 10, the Cyberspace Administration of China (CAC) drafted the "Regulations on the Collection and Use of Personal Information by Internet Applications (Draft for Public Comment)" and is now soliciting public opinions. The draft stipulates that internet applications should only access camera and microphone permissions when users actively choose to use functions such as taking photos, sending voice messages, and recording audio or video. Applications should not access camera and microphone permissions when users have stopped using these functions or in unrelated scenarios.

Gold Price Prediction: XAU / USD corrects to around $1,910 despite intensifying concerns of a global banking crisis

Alina Haynes

Mar 16, 2023 14:00

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After reaching a new six-week high at $1,937.39, the gold price (XAU/USD) displayed a corrective move during the Asian session. As gold's allure is extremely strong amid growing concerns about the global banking crisis, a correction in the precious metal appears to be short-lived. Credit Suisse's debacle following the failure of Silicon Valley Bank (SVB) has triggered the risk of global financial instability, and uncertainty over the Federal Reserve's (Fed) upcoming interest rate decision has bolstered the case for the Gold price.

 

S&P500 futures have shown a recovery move following Wednesday's sell-off as investors assess the banking sector's uncertainty. However, the motif of risk aversion has not yet completely subsided.

 

During the Asian session, the US Dollar Index (DXY) is fluctuating in a narrow range of around 104.60. It appears that the impact of banking sector turmoil is maturing for the USD Index, and investors are beginning to discount expectations for next week's monetary policy. According to the CME FedWatch instrument, the probability that Fed chair Jerome Powell will raise interest rates by 25 basis points (bps) has risen above 70%. While 30% of the probabilities support maintaining the current interest rate policy.

 

Increasing odds of a status quo monetary policy are supported by a declining Consumer Price Index (CPI), a rising Unemployment Rate, sluggish Retail Sales, and a declining Producer Price Index (PPI).