EUR/USD
1.14360
0.035%
Gold
4174.79
1.240%
Oil
68.721
0.443%
USD/JPY
161.359
0.158%
GBP/USD
1.33524
0.049%
GBP/JPY
215.459
0.223%
Real-time News
Domestic News: 1. Doubao and Qianwen will discontinue their intelligent agent functions. 2. Swedish Prime Minister Christosson meets with Wang Yi. 3. my country successfully launches the Qianfan Polar Orbit 13 satellite constellation. 4. Wang Yi holds talks with Swedish Foreign Minister Stjenagard. 5. China Coast Guard conducts routine law enforcement patrols in waters east of Taiwan. 6. The first neurodynamic chip is unveiled, contributing to the development of brain-computer interfaces and other technologies. 7. Huaweis He Tingbo releases the V2 version of the "Tao Law" paper, supplementing engineering details and measured data. 8. The new version of the E-commerce Law further clarifies the rights and obligations of all parties involved in the platform economy and solicits public opinions. International News: 1. Micron invests $9 billion to expand its chip factory in western Japan. 2. Military positions in multiple locations in Mali are attacked; the military claims to have repelled several attacks. 3. ECB Governing Council member Mollen: After last months interest rate hike, data shows that inflation has fallen with the plunge in oil prices, and the ECB is currently in a "favorable position." 4. Middle East Situation—① Saudi media: The next round of US-Iran talks will be held on the 11th, discussing issues such as frozen funds and nuclear weapons. ② US President Trump: Iran is very eager to reach an agreement; Iran was given a week off due to Khameneis funeral.July 4th – “I believe that China’s assisted driving technology, whether in terms of corporate technology products or the formulation of relevant laws and regulations, is ahead of the world. Recently, the United Nations passed regulations on intelligent driving, with all relevant regulations for Level 2 approved. This means that starting this December, Level 2 driving assistance functions such as NGP and NOA can be used and implemented globally, which is a very important milestone,” said He Xiaopeng, Chairman and CEO of XPeng Motors, in a recent interview. He stated that in the past, only China and the United States had truly achieved large-scale implementation of Level 2 assisted driving, while most regions around the world, including the European Union, had not yet followed suit. XPeng is not only a Chinese intelligent vehicle manufacturer but also a member of the UN Transport Regulations Committee, actively following regulatory requirements and continuously improving its related capabilities.July 4th - As the US and Iran reached a peace agreement, releasing a large supply, oil prices fell across the board. Demand was unable to absorb the supply, and the market is once again discussing the issue of oversupply of crude oil. This is a stunning reversal; less than three months ago, the worlds major physical crude oil benchmark prices hit record highs; and just weeks ago, senior industry executives were warning that global inventories had fallen to extremely low levels due to the Iranian crisis. In addition to the immediate impact of the reopening of the Strait of Hormuz, analysts from institutions such as Morgan Stanley and Goldman Sachs have warned this week that the market faces the risk of oversupply next year. Kit Haines, head of oil research at energy consultancy Energy Aspects, said, "The overwhelming sentiment in the market right now is bearish." Even before the US and Iran signed a memorandum of understanding in mid-June to reopen the Strait of Hormuz, suppliers in the Persian Gulf were already increasing shipments. In the weeks following the signing of the agreement, more than 60 million barrels of crude oil that had been trapped due to the outbreak of war flooded the market.According to TASS, the Russian Ministry of Defense stated that its troops are clearing Ukrainian forces from the town of Leman.According to TASS, the Russian Ministry of Defense stated that Russian troops have captured five settlements in eastern Ukraine.
