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On January 2nd, Changan Automobile announced that its sales volume in 2025 will reach 2.913 million vehicles, a year-on-year increase of 8.5%, setting a new high in nearly nine years. Among them, sales of new energy vehicles will reach 1.109 million vehicles, a year-on-year increase of 51%.Hong Kong-listed tech stocks continued their upward trend in the afternoon, with Baidu (09888.HK) rising over 8.6%, NetEase (09999.HK) rising over 6%, Trip.com (09961.HK) and Alibaba (09988.HK) rising over 4%, and Tencent Holdings (00700.HK), Kuaishou (01024.HK), and JD.com (09618.HK) rising over 3%.January 2nd - According to calculations by the Financial Times, European Central Bank (ECB) President Christine Lagardes total income in 2024 is approximately €726,000, about 56% higher than the €466,000 "base salary" disclosed in the ECBs annual report, and almost four times that of Federal Reserve Chairman Jerome Powell. The ECB is not bound by the strict rules applicable to EU-listed companies, which require companies to provide "comprehensive and reliable information on directors compensation." In addition to her base salary, Lagarde receives approximately €135,000 in housing and other benefits. She also receives approximately €125,000 in income for her role as a member of the Bank for International Settlements (BIS) board. These benefits and additional salaries are not mentioned in the ECBs annual report. The Financial Times calculations are based on the ECB and BIS annual reports, as well as a technical document outlining the "terms and conditions of compensation" for senior ECB officials. Due to a lack of relevant data, this estimate does not include the ECBs pension contributions, healthcare, and insurance contributions for Lagarde.On January 2nd, Formula Leopard announced that it sold 50,868 vehicles in December 2025, representing a 36% increase month-over-month and a 345.50% increase year-over-year; and that its total sales for 2025 reached 234,600 vehicles, a 316.1% increase year-over-year.On January 2nd, Qiushi magazine published a special commentator article pointing out that, considering various factors, my countrys real estate industry is at a crucial juncture in its development. The transition from old to new models requires time, as does the shift in market behavior logic. It is essential to deeply grasp the development laws of the real estate industry, correctly understand the current situation, maintain strategic focus, and take proactive measures to strengthen macro-control of the real estate market with more powerful and precise actions. This will continuously improve and stabilize market expectations, minimize adjustment time, smooth market fluctuations, and promote the steady, healthy, and high-quality development of the real estate market.

Gold Price Prediction: XAU / USD will continue to fluctuate above $1,900 despite a decline in US Inflation

Daniel Rogers

Mar 15, 2023 11:43

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Gold price (XAU / USD) is not in danger despite U.S. inflation figures meeting expectations. Since Monday, the precious metal has been fluctuating continuously between $1,895 and $1,913. The release of the US Consumer Price Index (CPI) failed to produce a significant reaction in the Gold price; however, the upside bias appears to be solidified as wagers on lesser rate increases from the Federal Reserve (Fed) have increased.

 

The US Dollar Index (DXY) is protecting the critical support at 103.50, but it appears vulnerable to further losses as investors' risk appetite has dramatically increased. As market participants purchased S&P500 futures in response to higher odds of a smaller rate hike from Fed chair Jerome Powell, a likely recession in the US economy was postponed, signaling an uptick in optimism.

 

Contrary to the risk-on sentiment, demand for US Treasury bonds remained weak, causing 10-year US Treasury yields to rise above 3.68 percent.

 

The headline As anticipated, the US CPI increased by 0.4% on a monthly basis, and the annual figure decreased from 6.4% to 6.0%. In addition, the core CPI, which excludes crude and food prices, decreased to 5.5% from 5.6% previously. The Fed appears to be pleased with the persistence of a declining trend in US inflation.

 

In the future, investors will closely monitor the US Retail Sales (Feb) data. Monthly Retail Sales data is anticipated to decline by 0.3% compared to the previous release of a 3.0% increase. This indicates that the consumer spending rebound is over and the Fed is on course to achieve its inflation target of 2%.

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