• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Derrick Choi, Product Manager at OpenAI Codex: The AI developer community in Thailand is growing rapidly. Codexs weekly active usage in Thailand is projected to increase more than 350-fold by 2026. OpenAI, in collaboration with Thailands Ministry of Higher Education, Science, Research and Innovation, will bring together 10 Thai startups for an eight-week accelerator program.August 29th - The computer market is experiencing a wave of price increases. Several computer brand stores in Shenzhen stated that HP, Lenovo, ASUS, and other brands will be raising prices on September 1st. HP will first adjust prices by 15% on August 28th, and then raise them again on September 1st, bringing the cumulative increase to approximately 20% before August 28th. Lenovo stores indicated they have also received price increase notices and will adjust prices on September 1st as scheduled. ASUS store staff estimate their brand will increase by at least 500 yuan after September 1st. Several store employees told reporters that rising upstream chip prices are the core driver of this round of price adjustments. In this wave of price increases, low-end models are the hardest hit, while mid-to-high-end models are experiencing relatively moderate increases. In addition, the market price of used computers is also rising in tandem.On August 29th, Italian oil company Eni stated that it is cooperating with Venezuelan authorities to help revitalize the countrys energy sector. This comes as the United States seeks to strengthen its control over Venezuelas vast oil industry. Eni stated, "We are working with our Venezuelan partners and all other relevant parties to support the revitalization of the countrys energy sector." Eni made these remarks as the Trump administration seeks a significant role in Venezuelas oil industry, including a plan for the US to control 55% of the actual production of a joint venture. This joint venture involves oil fields with approximately 65 billion barrels of proven reserves. Eni is also expanding its operations in Venezuela. The company has been negotiating new contracts for the Junín-5 and Corocoro oil projects and recently signed a natural gas export agreement for the large Perla gas field.On August 29th, at a thematic exchange event during the 2026 China International Big Data Industry Expo, an official from the National Data Administration stated that as of the end of July 2026, the total scale of intelligent computing nationwide reached 2.45 million PFLOPS (FP16). The eight national computing power hubs and three computing-power collaborative development zones have built up over 85% of the nations intelligent computing capacity. 1.45 million PFLOPS of intelligent computing power have been included in the monitoring scope of the national-level monitoring and scheduling platform, and the ability to intensively utilize computing resources and conduct integrated scheduling is continuously improving. Going forward, the National Data Administration will continue to optimize computing power layout to enhance supply capacity, strengthen monitoring and scheduling to improve utilization efficiency, deepen computing-power collaboration, cultivate the industrial ecosystem, and comprehensively promote the high-quality development of computing power.August 29th - According to the UKs Daily Telegraph, British Prime Minister Burnham has abandoned two key green taxes pushed by former Prime Minister Starmer, shifting away from the costly net-zero emissions policy. Burnham has shelved plans to levy environmental fees on waste incineration facilities and ports. This move comes amid growing concerns within the British government about the extent to which cumbersome regulations are driving up prices and worsening the actual living conditions of households. Starmer had planned to expand the UKs Emissions Trading System (ETS) to include waste incineration facilities and domestic ports. Under the ETS, businesses must pay for emissions exceeding government-set limits. Officials from the UKs Department for Energy Security and Net-Zero Emissions announced that this adjustment will be shelved indefinitely. Meanwhile, the UK Department for Transport announced that plans to levy carbon emissions fees on UK ports under the ETS will also be shelved. The initial plan would require ports to pay for emissions generated during the "berthing period" of cargo ships. Officials quietly abandoned these plans, instead proposing a carbon tax on shipping companies.

NZD/USD Price Analysis: Protects NZ Inflation-Induced Support Break; 0.6140 in Sight

Daniel Rogers

Apr 20, 2023 13:51

 NZD:USD.png

 

During the mid-Asian session on Thursday, NZD/USD bears maintain control at the lowest levels in five weeks while defending New Zealand (NZ) losses caused by inflation near 0.6160. This justifies not only the weaker-than-anticipated New Zealand inflation, but also the recent break of one-month-old horizontal support, which is now immediate resistance, as well as the bearish MACD signals.

 

As measured by the Consumer Price Index (CPI), the Reserve Bank of New Zealand (RBNZ) policy purists were unpleasantly surprised by New Zealand's (NZ) first-quarter (Q1) inflation. Despite this, the Quarter-over-Quarter change in the New Zealand Consumer Price Index (CPI) decreases from 1.7% and 1.4%, respectively, to 1.2%.

 

Following the publication of disappointing data, the NZD/USD pair breached a one-month-old horizontal support level, which is now acting as a barrier near 0.6170. The bearish MACD signals are now directing NZD/USD traders toward a horizontal support level that has been in place for 1.5 months and is located near 0.6140.

 

If the NZD/USD bears remain dominant above 0.6140, the 2023 low of 0.6085 cannot be ruled out.

 

The 200-day simple moving average hurdle of 0.6220 becomes crucial for NZD/USD investors to return.

 

If the NZD/USD pair remains above 0.6220, a run up to the previous weekly high around 0.6315 and then to the monthly high of 0.6386 cannot be ruled out.