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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.

The AUD/NZD exchange rate has dropped below 1.0300 on hawkish RBNZ bets

Alina Haynes

Aug 12, 2022 12:09

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The AUD/NZD exchange rate dropped from 1.0500 to 1.0400, and has since been trading sideways. For the asset to record a new weekly bottom, the kiwi bulls would have to push the cross below the immediate support of 1.0300. Bullish expectations for the New Zealand dollar were supported by the publication of a strong Business New Zealand PMI.

 

Greater than both the predicted 52.5 and the prior figure of 50, the Business NZ PMI has now reached 52.7. Because of this, the Reserve Bank of New Zealand (RBNZ) will be pleased with its efforts to reduce inflation. The RBNZ's monetary policy meeting next week will result in an interest rate announcement. The Official Cash Rate (OCR) is expected to be increased by Governor Adrian Orr for the fourth time in a row, by 50 basis points (bps). The OCR will go up to 3% after a comparable notification is made.

 

An OCR hike by the RBNZ to 4.00% by mid-2023 is predicted by a Reuters poll. It is forecasted that inflation will drop to levels below the 2%-3% target during the first half of 2023. At last, the RBNZ's goal of price stability appears to be within reach.

 

There was little relief for the Aussie bulls despite statistics showing that Australian consumers expect inflation to be lower than it actually is. The Reserve Bank of Australia will become less hawkish if the Australian Consumer Inflation Predictions, which reflect consumer predictions of future inflation over the next 12 months, fall.


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