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On October 5, 2025 (the fourth day of the Mid-Autumn Festival and National Day holiday), cross-regional passenger mobility totaled 301.2911 million, a month-on-month decrease of 1.1% and a year-on-year increase of 6.1%. Of this total, rail passenger volume reached 18.334 million, a month-on-month increase of 0.9% and a year-on-year increase of 4.5%. Highway passenger volume (including non-commercial passenger vehicle trips on expressways and ordinary national and provincial highways, as well as commercial passenger vehicle trips on expressways) reached 278.73 million, a month-on-month decrease of 1.2% and a year-on-year increase of 6.2%. Of this total, commercial passenger volume reached 35.23 million, a month-on-month decrease of 1.5% and a year-on-year increase of 2.5%. Non-commercial passenger vehicle trips on expressways and ordinary national and provincial highways reached 243.50 million, a month-on-month decrease of 1.2% and a year-on-year increase of 6.8%. Waterway passenger volume reached 1.9077 million, a month-on-month decrease of 0.9% and a year-on-year increase of 5.6%. Civil aviation passenger volume was 2.3194 million, a decrease of 1.8% month-on-month and an increase of 4.1% year-on-year.According to the Financial Times: The European Commission will introduce a new "Applied Artificial Intelligence Strategy" to accelerate the development and use of localized artificial intelligence technology.According to RIA Novosti: Russian air defense forces shot down 32 Ukrainian drones at night.On October 5th, the U.S. federal government shutdown entered its fourth day, and Americans are increasingly frustrated with the drama caused by partisan bickering. According to the New York Times website, a recent New York Times poll shows that Americans confidence in the U.S. political systems ability to solve problems is declining. Only 33% of Americans believe the country is capable of resolving its political problems, and a majority now believe it is unable to overcome its deep internal divisions. The poll also reveals a deep skepticism among Americans about the U.S. political system. Forty-one percent of Americans say they disagree that the United States is a democracy. Americans told CCTV reporters that their lives are already being impacted by the government shutdown, and that the bipartisan struggle has left ordinary people the ultimate victims.Polish Armed Forces: Poland scrambled aircraft to secure its airspace after Russia launched an attack on Ukraine.

Before BoJ Ueda's Speech, GBP / JPY Struggles To Extend Above 163.00

Alina Haynes

Feb 27, 2023 14:30

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It is difficult for the GBP / JPY pair to prolong its gains above 163.00 during the Asian session. Given that Bank of Japan (BoJ) Governor Nominee Kazuo Ueda is following in the footsteps of former BoJ Governor Haruhiko Kuroda, it is expected that the cross will resume its upward trend as investors cease supporting the Japanese Yen.

 

In his speech on Friday, BoJ Ueda stated that the current monetary policy is appropriate to maintain inflationary pressures. Despite reaching a multi-decade high, Japan's Consumer Price Index (CPI) is non-sticky due to the international forces propelling inflation. The accelerating price index in Japan is due to higher petroleum and food import prices, not domestic demand and wages, which should be the primary generators of inflation. The objective of the Japanese government was to develop a strategy for exiting the decade-long monetary policy with a new BoJ chairman. BoJ Ueda's dovish remarks, however, reduced long-term yen support wagers.

 

The term "ecosystem" refers to a group of people who work in the construction industry.

 

In the meantime, the British pound has moved sideways ahead of the anticipated announcement of a Brexit agreement by Prime Minister Rishi Sunak and President Ursula von der Leyen of the European Commission. "The Prime Minister wants to ensure that any deal fixes the practical problems on the ground, ensures trade flows freely throughout the entire UK, protects Northern Ireland's place in our Union, and returns sovereignty to the people of Northern Ireland," Sunak's office said in a statement cited by Reuters.