EUR/USD
1.16298
0.056%
Gold
4377.48
0.509%
Oil
91.994
-0.230%
USD/JPY
153.446
-0.347%
GBP/USD
1.35453
0.040%
GBP/JPY
207.852
-0.314%
Real-time News
On September 9th, BlackRock strategists stated in a research report that the impact of Japans interest rate reset has transcended its borders as capital competition intensifies. The strategists believe a feedback loop exists in the bond market: "Rising US interest rates could weaken the yen and pressure the Bank of Japan to act more quickly; conversely, rising Japanese interest rates could attract more capital repatriation, reducing demand for US Treasuries and thus pushing up US borrowing costs." They pointed out that decades of ultra-low domestic yields in Japan have made the country a major capital exporter, currently holding approximately $1.1 trillion in US Treasuries. If Japanese investors were to repatriate 5% of their funds, it would amount to $55 billion, roughly a quarter of the total increase in US Treasuries held by foreign investors last year.September 9th - South Korea has reportedly dispatched a team to assess the situation in the Strait of Hormuz, indicating that the country is further considering the possibility of deploying troops to the region amid increasing US pressure for its assistance in military action against Iran. South Koreas Ministry of National Defense stated in a statement Tuesday evening, "The purpose of dispatching this team is to assess the local political and security situation." The Ministry also emphasized, "This assessment itself does not mean that South Korea has presupposed any military deployment." The South Korean presidential office stated that whether or not to conduct military deployment is still under discussion and no decision has been made. According to Yonhap News Agency, the assessment team departed for the UAE over the weekend and will report its findings to the National Security Council upon its return. The Ministry of National Defense declined to disclose the teams current location, citing operational security concerns.On September 9th, at Pasinis media open day on September 7th, Pasini CEO Xu Jincheng responded to rumors about whether Samsung Electronics was a new shareholder. He stated that the company did indeed add a trillion-dollar global consumer electronics semiconductor giant as a shareholder in August, but did not disclose the specific name, only stating that there are not many such companies internationally. Regarding cooperation opportunities with the mobile phone supply chain, Xu Jincheng revealed that Pasini has already begun collaborating with Foxconn on production line data collection, with the demand from mobile phone production lines being even greater. He pointed out that while the automation rate in mobile phone manufacturing is already relatively high, final inspection and packaging processes still rely heavily on manual labor. With the improvement of humanoid robots and intelligent technologies, over 90% of processes in mobile phone and consumer electronics production lines can be automated.According to Yonhap News Agency, South Korea and the United Nations Development Programme have signed a cooperation agreement on landmine clearance.At the close of the morning session, domestic futures contracts showed mixed results. SC crude oil rose nearly 5%, methanol rose over 4%, propylene rose over 3%, benzene rose nearly 3%, and fuel oil, paraxylene, styrene (EB), and low-sulfur fuel oil (LU) rose over 2%. On the downside, palladium and ferrosilicon fell over 2%, palm oil, soybean oil, and red dates fell over 1%, and urea and Shanghai gold fell nearly 1%.
