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August 25th - According to renowned tech journalist Mark Gurman, sources familiar with the matter revealed that Apple (AAPL.O) is preparing to launch its first new Mac mini in nearly two years. The new Mac mini could be unveiled as early as the next few days, possibly before the September launch event. Apple has already tested versions equipped with both M5 and M6 processor chips. This upgrade comes at a time of significant demand for the current Mac mini, which has become a popular tool for running AI applications locally. Memory chip shortages are also making it more difficult for Apple to maintain inventory supply for the product. The Mac mini may be the last new product launched during Tim Cooks tenure as CEO. The Mac mini is also a key product in Apples commitment to bringing more manufacturing back to the United States. Earlier this year, Apple pledged to begin Mac mini production in Houston later in 2026. Cook visited the factory this month with Trump administration officials, and domestic manufacturing has been a crucial part of the Trump administrations policy agenda.On August 25th, 2026, the Vietnamese Ministry of Industry and Trade issued Announcement No. 2084/QD-BCT, making a final determination in the third interim review of the anti-dumping duties on H-beam steel products originating from China. The decision was to adjust the anti-dumping duty on the producer/exporter, Hebei Jinxi Steel Co., Ltd., and its related trading companies, Hebei Jinxi International Trade Co., Ltd., Hebei Jinxi Steel Group Co., Ltd., Tianjin Xinyaxi International Trade Co., Ltd., and Qianxi County Kaijia Trade Co., Ltd., from 13.38% to 6.78%. The measures will take effect 15 days after the announcement and will remain in effect until September 5, 2027.On August 25th, 51job, a leading Chinese human resources service provider, released its "2027 Campus Recruitment AI Talent Market Insights." Based on data from over 8,000 surveys of companies and individuals, the report shows that AI technology is profoundly reshaping the job market for recent graduates. Nearly 30% of companies have already incorporated AI talent into their campus recruitment efforts, with 56.8% of these companies reporting an increase in related demand compared to the previous year. In terms of job positions, AI application development engineers are in highest demand (53.9%), while companies prioritize a strong foundation in mathematics and statistics (58.9%), followed by machine learning theory and practice (46.5%). The survey reveals significant salary disparities in AI positions. Large-scale model algorithm engineers lead with a median monthly salary of 27,329 yuan, while multimodal and deep learning positions all exceed 26,000 yuan. However, AI data trainers earn only 8,977 yuan, less than one-third of the top-performing positions.On August 25th, according to the Guangxi Hydrological Center, from 8:00 AM on August 24th to 8:00 AM on August 25th, parts of Guilin, Wuzhou, Guigang, Chongzuo, Hezhou, Laibin, and Nanning experienced heavy to torrential rain, with localized areas experiencing extremely heavy rain. The highest daily rainfall was recorded in Daxijiang Town, Quanzhou County, Guilin City, at 151.5 mm. A total of 20 stations on 14 rivers in Guangxi, including the Zuojiang River and its tributaries Heishui River and Pingxiang River, the Mingjiang River and its tributaries Gongan River, Pailian River, Sizhou River, Pinger River, and Beilun River, experienced floods exceeding warning levels by 0.37 to 7.69 meters. The Yujiang River experienced its second flood of 2026. As of 8:00 AM on the 25th, 15 stations on 11 rivers in Guangxi, including the Yujiang River and its tributary Qinglong River, the Mingjiang River and its tributary Pailian River, the Zuojiang River and its tributary Kelan River, and the Pinger River, still exceeded warning levels by 0.36 to 7.68 meters.On August 25th, the draft revision of the Road Traffic Safety Law, submitted to the Standing Committee of the 14th National Peoples Congress for its first review, raised the maximum speed limit for electric bicycles in non-motorized vehicle lanes from 15 kilometers per hour to 20 kilometers per hour. It also explicitly stipulates that electric bicycle riders must not engage in activities such as riding against traffic, speeding, violating traffic signals, or making or receiving calls on a handheld phone or watching videos. Furthermore, the draft mandates that both drivers and passengers of electric bicycles wear safety helmets.

The AUD/JPY exchange rate fluctuates below 90.00 as investors await BoJ action

Alina Haynes

Jan 18, 2023 15:03

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In the early Asian session, the AUD/JPY currency pair is bouncing violently in a narrow range below the resistance level of 90.00. Before the Bank of Japan introduces its first monetary policy of CY2023, the risk barometer indicates a sideways auction (BoJ). The AUD/JPY exchange rate reflects the consolidation of the AUD/USD, indicating an uncertain risk profile.

 

Investors anticipate that the Bank of Japan (BoJ) will not alter its policy stance on Friday, as doing so would increase financial market risk and hinder efforts to boost inflation. Previously, the Bank of Japan (BoJ) announced that the central bank will review the negative side effects of the decade-long ultra-loose monetary policy, generating the impression that the central bank is eager to abandon the easy policy.

 

The experts at Standard Charted expect the Bank of Japan to hold both the policy balance rate and the 10-year yield goal at their present levels of -0.1% and 0%, respectively. The recent decision to expand the 10-year JGB band to +/-50 bps (from +/-25 bps) will be evaluated by policymakers at the December meeting.

 

The replacement of current Governor of the Bank of Japan Haruhiko Kuroda will be widely followed. The next BoJ governor nominee is anticipated to be presented to the Japanese parliament on February 10, Reuters reported on Tuesday. Amamiya, Nakaso, and Yamaguchi are regarded as leading C.banking candidates.

 

Thursday is the expected publication date for Australian employment statistics, which investors are monitoring. The Unemployment Rate is expected to remain constant at 3.4%, according to the majority of economists. Aside from this, the Australian economy must have added 22,500 new jobs to the labor market in December, a down from the prior rises of 64K.