EUR/USD
1.18153
0.158%
Gold
5263.32
1.523%
Oil
67.175
2.731%
USD/JPY
156.171
0.028%
GBP/USD
1.34769
-0.043%
GBP/JPY
210.475
-0.006%
Real-time News
March 1 (Xinhua) -- The Israel Defense Forces (IDF) have completed a new round of airstrikes against Iranian ballistic missile launchers and air defense systems. The IDF stated that on the night of March 28, dozens of fighter jets struck approximately 30 targets, including air defense systems, missile launchers, and other military installations.The Israel Defense Forces (IDF) recently detected a missile launched from Iran heading towards Israeli territory. Defense systems are operational to intercept the threat. In the past few minutes, the domestic frontline command has sent precautionary instructions to mobile phones in the affected areas. Upon receiving the alert, the public was instructed to move into protected areas and remain there until further notice.Iran launched a new wave of missiles at Israel.March 1st - Christopher Wong, a strategist at OCBC Bank in Singapore, stated, "With markets poised to open on Monday, the Iranian conflict has pushed up geopolitical risk premiums. The initial market reaction is largely predictable: safe-haven assets like gold may gap up, while oil prices could strengthen due to supply disruption concerns. Risk assets and high-beta currencies... may face initial volatility, especially if news reports suggest potential retaliation or regional spillover effects."March 1st - At the start of the Year of the Horse, many provinces have released detailed rules and regulations for their car trade-in programs. Statistics show that since February 10th, more than five provinces, including Hunan, Qinghai, Henan, Fujian, and Jiangxi, have successively issued detailed rules and regulations for their car trade-in programs. Currently, all provinces in mainland China have released detailed rules and regulations for the 2026 national car subsidy program. A comprehensive review shows that the subsidy details released by various provinces are largely the same. The policy implementation period is from January 1, 2026 to December 31, 2026. The subsidy program is divided into scrapping and replacement. The scrapping subsidy standard is as follows: for scrapping a qualified old car and purchasing a new energy passenger vehicle, a subsidy of 12% of the new cars sales price will be given, with a maximum subsidy of 20,000 yuan; for scrapping a qualified gasoline passenger vehicle and purchasing a gasoline passenger vehicle with an engine displacement of 2.0 liters or less, a subsidy of 10% of the new cars sales price will be given, with a maximum subsidy of 15,000 yuan. The replacement subsidy standards are as follows: For those who replace their vehicles with eligible new energy passenger vehicles, a subsidy of 8% of the new vehicles sales price will be granted, with a maximum subsidy of 15,000 yuan. For those who replace their vehicles with eligible gasoline passenger vehicles, a subsidy of 6% of the new vehicles sales price will be granted, with a maximum subsidy of 13,000 yuan.
