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Sources say Syria has agreed to significantly reduce its oil imports from Russia in order to cooperate with the United States in lifting its designation as a "state sponsor of terrorism."August 4th - Although rainfall across my country has generally weakened recently, heavy rainfall continues in parts of Shaanxi, Hubei, Yunnan, and South China. Scattered showers are expected in eastern Northwest China, western and northern North China, and northern Northeast China, with locally heavy downpours. Additionally, severe convective weather is active in parts of southern Heilongjiang, western Jilin, and northern and western Henan. Floods exceeding warning levels have occurred in the main stream of the Songhua River and some small and medium-sized rivers in Northeast and Southwest China. The flood control situation remains severe and complex. On August 4th, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management organized a rolling joint consultation with the China Meteorological Administration, the Ministry of Water Resources, the Ministry of Natural Resources, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, and the Ministry of Transport to assess the recent trend of heavy rainfall and deploy flood control work in key areas. The State Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management maintain a Level IV emergency response for flood control in Shanxi, Heilongjiang, Yunnan, and Shaanxi.According to Reuters, a senior Iranian source said that the outbound shipping route through the Strait of Hormuz will follow the route between Iran and Oman.Country Garden (02007.HK): In July 2026, the company achieved contracted sales of approximately RMB 2.26 billion attributable to shareholders, with a contracted sales area of approximately 280,000 square meters attributable to shareholders.On August 4th, it was reported that in the first half of 2026, the State Administration for Market Regulation guided local market supervision departments to focus on optimizing random inspections and "comprehensive one-time inspections" to prevent multiple and duplicate inspections, achieving positive results. In the first half of 2026, market supervision departments conducted random inspections of approximately 540,000 enterprises, with joint inspections by various departments accounting for 27%. The "scan-to-enter" system was accelerated, and digital technology was strengthened, resulting in a reduction of over 240,000 on-site visits, a reduction of approximately 62%, significantly improving the efficiency and effectiveness of supervision, achieving minimal disruption, and further reducing the burden on enterprises. The deep integration of joint random inspections by various departments with credit risk classification management was promoted, resulting in a problem detection rate of 36%, significantly enhancing the accuracy and effectiveness of supervision. Inspection results were promptly publicized through the National Enterprise Credit Information Publicity System in accordance with the law. In the first half of 2026, approximately 200,000 enterprises were included in the list of enterprises with abnormal operations due to problems discovered during inspections, continuously strengthening the bottom line of market integrity and significantly enhancing the compliance awareness of business entities.

Analysis of the NZD/USD Price indicates a continuation of gains towards 0.65

Daniel Rogers

Jan 18, 2023 15:02

 NZD:USD.png

 

The NZD/USD pair is oscillating within a narrow range near 0.6430 in the early Asian session. Despite the market's risk aversion, the New Zealand dollar has traded sideways after reclaiming the monthly high of 0.6437. In reaction to Tom Barkin's hawkish comments about the Richmond Federal Reserve (Fed) Bank, S&P500 futures are exhibiting greater losses, indicating investors' diminishing appetite for risk.

 

Following a V-shaped recovery, the US Dollar Index (DXY) has turned sideways at 102,000 and is expected to extend gains on a risk aversion theme. In addition, higher 10-year US Treasury yields would certainly provide safe-haven investments a new lease of life.

 

After one hour of consolidation, the NZD/USD pair has broken out of the Bullish Pennant chart pattern, indicating that the rising trend will continue. Participants typically initiate long positions during the consolidation period of a chart pattern, preferring to enter an auction once a bullish bias has been established.

 

Adding to the upward filters, the 20-period and 50-period Exponential Moving Averages (EMAs) have resumed their upward trend at 0.6415 and 0.6401, respectively.

 

Meanwhile, the Relative Strength Index (14) continues to struggle to enter the positive zone between 60.00 and 80.00. The occurrence of a similar event will produce bullish momentum.

 

For greater gains, the Kiwi asset must beat Tuesday's high of 0.6439, which will rocket it to December 15's high of 0.6470, then December 13's high of 0.6514.

 

Alternately, a breach below Monday's low of 0.6361 will weaken the New Zealand Dollar and push the Kiwi asset towards January 12's low of 0.6304. A breach below this level will expose the asset to more losses approaching the low of 0.6263 on December 28.