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August 25th - According to renowned tech journalist Mark Gurman, sources familiar with the matter revealed that Apple (AAPL.O) is preparing to launch its first new Mac mini in nearly two years. The new Mac mini could be unveiled as early as the next few days, possibly before the September launch event. Apple has already tested versions equipped with both M5 and M6 processor chips. This upgrade comes at a time of significant demand for the current Mac mini, which has become a popular tool for running AI applications locally. Memory chip shortages are also making it more difficult for Apple to maintain inventory supply for the product. The Mac mini may be the last new product launched during Tim Cooks tenure as CEO. The Mac mini is also a key product in Apples commitment to bringing more manufacturing back to the United States. Earlier this year, Apple pledged to begin Mac mini production in Houston later in 2026. Cook visited the factory this month with Trump administration officials, and domestic manufacturing has been a crucial part of the Trump administrations policy agenda.On August 25th, 2026, the Vietnamese Ministry of Industry and Trade issued Announcement No. 2084/QD-BCT, making a final determination in the third interim review of the anti-dumping duties on H-beam steel products originating from China. The decision was to adjust the anti-dumping duty on the producer/exporter, Hebei Jinxi Steel Co., Ltd., and its related trading companies, Hebei Jinxi International Trade Co., Ltd., Hebei Jinxi Steel Group Co., Ltd., Tianjin Xinyaxi International Trade Co., Ltd., and Qianxi County Kaijia Trade Co., Ltd., from 13.38% to 6.78%. The measures will take effect 15 days after the announcement and will remain in effect until September 5, 2027.On August 25th, 51job, a leading Chinese human resources service provider, released its "2027 Campus Recruitment AI Talent Market Insights." Based on data from over 8,000 surveys of companies and individuals, the report shows that AI technology is profoundly reshaping the job market for recent graduates. Nearly 30% of companies have already incorporated AI talent into their campus recruitment efforts, with 56.8% of these companies reporting an increase in related demand compared to the previous year. In terms of job positions, AI application development engineers are in highest demand (53.9%), while companies prioritize a strong foundation in mathematics and statistics (58.9%), followed by machine learning theory and practice (46.5%). The survey reveals significant salary disparities in AI positions. Large-scale model algorithm engineers lead with a median monthly salary of 27,329 yuan, while multimodal and deep learning positions all exceed 26,000 yuan. However, AI data trainers earn only 8,977 yuan, less than one-third of the top-performing positions.On August 25th, according to the Guangxi Hydrological Center, from 8:00 AM on August 24th to 8:00 AM on August 25th, parts of Guilin, Wuzhou, Guigang, Chongzuo, Hezhou, Laibin, and Nanning experienced heavy to torrential rain, with localized areas experiencing extremely heavy rain. The highest daily rainfall was recorded in Daxijiang Town, Quanzhou County, Guilin City, at 151.5 mm. A total of 20 stations on 14 rivers in Guangxi, including the Zuojiang River and its tributaries Heishui River and Pingxiang River, the Mingjiang River and its tributaries Gongan River, Pailian River, Sizhou River, Pinger River, and Beilun River, experienced floods exceeding warning levels by 0.37 to 7.69 meters. The Yujiang River experienced its second flood of 2026. As of 8:00 AM on the 25th, 15 stations on 11 rivers in Guangxi, including the Yujiang River and its tributary Qinglong River, the Mingjiang River and its tributary Pailian River, the Zuojiang River and its tributary Kelan River, and the Pinger River, still exceeded warning levels by 0.36 to 7.68 meters.On August 25th, the draft revision of the Road Traffic Safety Law, submitted to the Standing Committee of the 14th National Peoples Congress for its first review, raised the maximum speed limit for electric bicycles in non-motorized vehicle lanes from 15 kilometers per hour to 20 kilometers per hour. It also explicitly stipulates that electric bicycle riders must not engage in activities such as riding against traffic, speeding, violating traffic signals, or making or receiving calls on a handheld phone or watching videos. Furthermore, the draft mandates that both drivers and passengers of electric bicycles wear safety helmets.

AUD/NZD Price Analysis: Bulls Surpass 1.0790 Resistance Confluence Due To Positive Australian Employment Report

Alina Haynes

Apr 13, 2023 14:19

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AUD/NZD supporters are approaching their highest levels since early March as a result of a four-day uptrend following Thursday morning's release of robust Australian employment data. At the time of publication, the currency pair is accepting bids to reestablish the multi-day high near 1.0810.

 

The Australia Bureau of Statistics (ABS) reported for the month of March that Employment Change increased by 53K compared to 20K expected and 64.6K previously, while the Unemployment Rate remained unchanged at 3.6% compared to expectations of 3.6%. In addition, the Participation Rate rose to 66.7%, exceeding the 66.7% predicted by the market.

 

The AUD/NZD pair surpassed the previous critical resistance confluence surrounding 1.0790, which was comprised of the 100-day moving average (DMA) and a one-month-old downward trend line.

 

The bullish MACD signals and stronger, non-overbought RSI (14) line contribute to the strength of the upside bias.

 

The AUD/NZD bulls are currently positioned to test the 50-day moving average of 1.0824. However, the preceding monthly apex of about 1.0895 and the round number 1.0900 may limit future gains.

 

Alternately, retracement remains elusive until the AUD/NZD pair remains above the support-turned-resistance level of 1.0790.

 

Then, a breach of the upward-sloping trend line from March 5 and the 61.8% Fibonacci retracement level of the pair's run-up from December 2022 to February 2023, located near 1.0705, could give the bears room to maneuver in their subsequent analysis.