• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On July 19, the Ukrainian Air Force reported that Russian forces launched a large-scale missile and drone attack on Ukraine from the evening of July 18 to the early morning of July 19, with the main target being the capital, Kyiv. Kyiv Mayor Viktor Klitschko stated that the latest round of Russian airstrikes had resulted in one death and 15 injuries in Kyiv. The Ukrainian Air Force posted on social media that Russian forces launched 41 missiles and 125 drones into Ukraine, including 10 Zircon hypersonic missiles. As of 8:30 AM on July 19, Ukrainian air defense and electronic warfare units had intercepted 18 missiles and 108 drones. Russian forces hit 20 locations, and another 18 locations were struck by missile and drone debris.Ukrainian President Zelensky: Kyiv forces attacked three oil depots and a fuel facility in Russia’s Stavropol region.On July 19th, E Fund, a QDII open-ended fund, issued a premium risk warning. The fund primarily invests in overseas crude oil ETFs. As of July 15, 2026, the funds net asset value per unit was RMB 1.5908, while the closing price on the secondary market on July 17, 2026, was RMB 1.814, resulting in a premium of 13.97%. The fund manager advises investors to closely monitor the premium risk in the secondary market, make prudent decisions, and avoid significant losses due to blind investment. The fund manager may also take measures such as temporary suspension of trading during the day, extended suspension, or continuous suspension to warn of the risk.According to Bahrains national television, Bahrains air defense system intercepted the Iranian attack.On July 19th, the signing ceremony of the "Agreement on the Establishment of the World Artificial Intelligence Cooperation Organization" was held in Shanghai on the 16th. Twenty-nine countries from Asia, Africa, Latin America, and Europe signed the agreement on-site, becoming founding members. According to relevant sources, this marks a significant milestone in Chinas advocacy and promotion of the establishment of the World Artificial Intelligence Cooperation Organization. In the next stage, China will work with the founding members to promote the organizations early launch and operation. The organization will focus on three key areas: First, prioritizing international cooperation in strengthening artificial intelligence capacity building, promoting the accessibility of artificial intelligence technologies and services through policy exchanges, technological cooperation, personnel training, and joint research, continuously releasing the benefits of artificial intelligence, and ensuring that developing countries benefit equally in the new wave of intelligence. Second, based on communication and dialogue, establishing policy consensus, and sharing best practices, effectively leveraging the platform for supply and demand matching, promoting the deep integration and complementarity of national advantages, advancing the "AI+" action in accordance with national conditions, strengthening scientific and technological and industrial cooperation, encouraging the joint construction of an open-source ecosystem, and creating a number of practical and tangible cooperation results. Third, we are committed to firmly upholding the purposes and principles of the UN Charter, supporting the better role of the UN, implementing the Global Digital Compact and the UN Sustainable Development Goals, and promoting the building of a just and equitable global governance system in the field of artificial intelligence.

The USD/CHF Currency Pair Advances Towards 0.9450 As the DXY Strengthens Due to Firmer Yields

Drake Hampton

Apr 15, 2022 10:27

The USD/CHF pair is edging closer to its March high of 0.9460, aided by a surge in the US dollar index (DXY). The stronger comeback in the DXY and, ultimately, in US Treasury yields occurred in response to hawkish statements from Federal Reserve (Fed) policymakers, which pushed the asset to the north.

 

In an interview with Bloomberg TV, Fed President and Federal Open Market Committee (FOMC) member John Williams stated that the Fed should consider a 50 basis point (bps) interest rate hike in May. According to Williams, pushing inflation down in a tight labor market context would be difficult for the Fed. Additionally, he indicated that if the Fed announces a big interest rate hike in May, a balance sheet decrease may be delayed until June.

 

The 10-year US Treasury yields have recouped their losses from the previous two trading days and reclaimed a three-year high of 2.83 percent, bolstered by a sustained increase in inflation forecasts. On the macroeconomic data front, the elaboration of monthly US Retail Sales has demonstrated that rising gas prices are having an effect on households and that inflation will not abate anytime soon. Gas stations saw the biggest percentage rise from February, up 8.9 percent, while E-Commerce saw a 6.4 percent decline and auto dealers saw a 1.9 percent decline in sales due to supply chain delays.

 

Additional guidance on the asset will come from the Swiss docket, which will release its annual Real Retail Sales report later this month. Previously, Swiss Real Retail Sales were registered at 12.8 percent during a 12-month period.

USD/CHF

image.png