EUR/USD
1.14374
-0.266%
Gold
4042.79
-0.575%
Oil
84.071
0.585%
USD/JPY
163.693
0.180%
GBP/USD
1.33413
-0.200%
GBP/JPY
218.393
-0.019%
Real-time News
On July 30, it was reported that on July 24, the CPC Central Committee held a symposium with non-CPC members at Zhongnanhai to solicit opinions and suggestions from leaders of various democratic parties, the All-China Federation of Industry and Commerce, and representatives of non-party figures on the current economic situation and economic work for the second half of the year. Xi Jinping, General Secretary of the CPC Central Committee, presided over the symposium and delivered an important speech, emphasizing that to do a good job in economic work in the second half of the year, it is necessary to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate domestic and international affairs, coordinate development and security, persist in deepening reform and opening up, accelerate the transformation of old and new growth drivers, implement a more proactive fiscal policy and a moderately loose monetary policy, give full play to the effectiveness of existing policies, promptly plan and introduce practical and effective incremental policies, increase counter-cyclical adjustments, vigorously expand domestic demand and optimize supply, effectively guarantee and improve peoples livelihoods, enhance development momentum and stimulate social vitality, promote sustained and positive economic development, and strive to achieve a good start to the 15th Five-Year Plan.July 30th - The Bank of England will announce its interest rate decision tonight at 19:00. The market expects it to maintain interest rates unchanged for the fifth consecutive time, with 2-3 members potentially dissenting and signaling quantitative tightening in advance. Will this break the widespread expectation of keeping rates unchanged throughout the year? In addition, the US June PCE and preliminary Q2 GDP figures will be released at 20:30. As the first data releases after the Feds July decision, will they provide some direction for interest rates in a market navigating in the dark? Click to see more…July 30th Futures News: On July 30th, the Shanghai Futures Exchanges energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 349,308 tons, an increase of 8,643 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 2,758 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,600 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 16,960 tons. 6. Petroleum asphalt futures warehouse receipts: 11,290 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 18,210 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 2,961,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 5,000 tons, an increase of 5,000 tons from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.The National Development and Reform Commission (NDRC) will hold its July press conference at 10:00 a.m. on Friday, July 31.On July 30, at a regular press conference, Ministry of Commerce spokesperson He Yadong stated that, regarding the recent progress of intensive consultations between China and the EU, the two sides reached a consensus on the new positioning of China and the EU as "stable and balanced key trading partners" at the first meeting of the China-EU Trade and Investment Consultation Mechanism, and tentatively agreed to hold the second meeting of the consultation mechanism this autumn. He Yadong said that over the past month, China has actively implemented the consensus reached at the first meeting, made full preparations for the second meeting, conducted intensive internal coordination, and maintained high-frequency, multi-level consultations externally. The working teams of both sides have conducted more than 20 consultations respectively, and the four working groups have carried out in-depth and professional communication and exchanges on each others economic and trade demands. China is willing to continue to maintain high-frequency communication with the EU, respect each other, and work together to explore pragmatic and feasible solutions to address each others concerns in the economic and trade field, promote the upward and balanced development of China-EU trade, and maintain the stability and balance of the key China-EU trading partnership.
