EUR/USD
1.17589
0.003%
Gold
4768.73
0.601%
Oil
91.969
-0.787%
USD/JPY
159.197
-0.156%
GBP/USD
1.35068
0.003%
GBP/JPY
215.027
-0.147%
Real-time News
April 14th - At 10:00 AM today, the State Council Information Office held a press conference where officials from the General Administration of Customs introduced my countrys import and export situation in the first quarter. In the first quarter, my countrys exports of electromechanical products reached 4.34 trillion yuan, an increase of 18.3%, accounting for 63.4% of total exports, 3.5 percentage points higher than the same period last year. Among them, exports of green products such as electric vehicles, lithium batteries, and wind turbine generators and their parts increased by 77.5%, 50.4%, and 45.2%, respectively. In the first quarter, my country imported 291 million tons of energy products and 405 million tons of metal ores, respectively, increasing by 4.4% and 13.2%. During the same period, imports of electromechanical products reached 1.97 trillion yuan, an increase of 21.7%; imports of consumer goods reached 418.92 billion yuan, an increase of 5.4%.On April 14th, Okasan Securities economists stated that as the mechanism of simultaneous wage and price increases in Japan becomes increasingly active, there is a growing perception that the Bank of Japan (BOJ) is lagging behind in its policy response. For the government led by the Prime Minister, it is crucial to get the central bank on the path of interest rate hikes, rather than masking inflationary pressures through large-scale subsidies and consumption tax cuts. Given the high uncertainty surrounding the situation in the Middle East, the overnight index swap market estimates a roughly 40% probability of a BOJ rate hike in April.April 14 - On the morning of April 14, President Xi Jinping will meet with Crown Prince Khalid of Abu Dhabi, United Arab Emirates, who is visiting China, at the Great Hall of the People in Beijing.April 14 - According to customs statistics, in the first quarter, my countrys imports and exports to countries participating in the Belt and Road Initiative reached 6.06 trillion yuan, a year-on-year increase of 14.2%, accounting for 51.2% of the total import and export value.Japanese chip-related stocks continued their upward trend, with Kioxia shares up 16%, SoftBank Group up 11%, and Advantest up 8.0%.
