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Hong Kong-listed robotics stocks rallied in the afternoon, with Horizon Robotics (09660.HK) surging over 15%, Hesai-W (02525.HK) rising over 5%, and MicroPort Robotics (02252.HK) and RoboSense (02498.HK) following suit.Bank of England Chief Economist Peel: Monetary policy has not been tight enough in the past few years.June 29th news: From June 22nd to June 28th, the national logistics operation data is as follows: National railway freight transported 80.026 million tons, a decrease of 0.89% compared to the previous period; 54.793 million trucks passed through national expressways, an increase of 8.91% compared to the previous period; monitored ports completed a cargo throughput of 270.279 million tons, an increase of 3.09% compared to the previous period, and a container throughput of 7.215 million TEUs, an increase of 5.27% compared to the previous period; civil aviation handled 122,000 flights (including 5,118 cargo flights, of which 3,378 were international cargo flights and 1,740 were domestic cargo flights), an increase of 4.90% compared to the previous period; postal and express delivery collection volume was approximately 3.892 billion pieces, a decrease of 4.70% compared to the previous period; delivery volume was approximately 3.909 billion pieces, a decrease of 4.98% compared to the previous period.June 29th - Thomas Mathews, Head of Asia Pacific Markets at Capital Economics, stated in a report that the rally in US Treasuries that previously drove yields lower is expected to lose momentum, while German bonds may rise further. He said that US Treasuries face some key tests this week. He pointed out that one of the key reasons for the Federal Reserves rate cuts is to protect the health of the labor market. "But labor market momentum has strengthened recently, and we expect the US June jobs report, to be released later this week, to be strong again," Mathews said. It is becoming increasingly clear that labor market conditions will not be a reason to postpone tightening policy. "This may be the biggest risk facing US Treasuries in the near term, but it is not the only risk."On June 29th, Baidu officially released and open-sourced its end-to-end OCR model, Unlimited OCR. The model topped the GitHub Daily Trending and Python charts the day after its release, and also ranked first on HuggingFaces global overall model trending chart and multimodal model trending chart. Unlimited OCR is designed for long document parsing scenarios, with a total parameter size of 3B and only about 570M activation parameters during inference. Public evaluation results show that Unlimited OCR achieved a 93.92% overall score in the OmniDocBench v1.6 benchmark test, setting a new record for end-to-end OCR.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.