EUR/USD
1.14247
0.074%
Gold
4072.86
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Oil
73.899
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USD/JPY
162.483
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1.33937
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Real-time News
On July 9th, Dong Lijuan, Chief Statistician of the Urban Division of the National Bureau of Statistics, interpreted the CPI and PPI data for June 2026. On a month-on-month basis, the national CPI decreased by 0.3%. Affected by fluctuations in international market prices, domestic gold jewelry and gasoline prices decreased by 8.7% and 4.9% respectively, with the declines widening by 5.9 and 4.6 percentage points respectively compared to the previous month. These combined contributed to a month-on-month decrease of approximately 0.22 percentage points in the CPI, an increase of approximately 0.19 percentage points in their downward pull on the CPI compared to the previous month. Food prices decreased by 0.4%, the same decline as the previous month, contributing to a month-on-month decrease of approximately 0.07 percentage points in the CPI. In the food sector, abundant seasonal fruits and vegetables led to ample market supply, resulting in a 1.0% and 2.0% decrease in fresh vegetable and fruit prices, respectively, contributing to a combined month-on-month decrease in CPI of approximately 0.06 percentage points. Pork and aquatic product prices decreased by 0.8% and 0.6%, respectively, contributing to a combined month-on-month decrease in CPI of approximately 0.02 percentage points. Meanwhile, low laying hen inventory, coupled with a decline in egg production due to high temperatures, led to a 7.0% increase in egg prices, contributing to a month-on-month increase in CPI of approximately 0.03 percentage points.On July 9th, former Bank of Japan official Tsutomu Watanabe stated on Wednesday that the Bank of Japan may accelerate its pace of interest rate hikes later this year, eventually pushing the benchmark interest rate above 2% to curb inflation. Watanabe said, "I believe the final peak of interest rates will be higher than most people currently expect. The terminal interest rate will be around 2%, or slightly higher." Watanabe added, "Policy should be thought about dynamically, not statically." He further stated that the terminal interest rate depends not only on the calculation of the neutral interest rate but also on factors such as inflation overshooting before the Bank of Japan explicitly tightens policy. Watanabe indicated that the authorities had previously adopted a "passive" policy approach, striving to achieve a virtuous cycle of wage increases driving demand-pull price increases. With underlying inflation approaching the 2% target, the committee may shift to a more proactive stance to prevent price overshooting. According to some local media reports at the time, Watanabe was among the potential candidates for Bank of Japan governor in 2023, alongside Ueda.On July 9, the China Securities Regulatory Commission (CSRC) website disclosed that Nanjing ChipVision Microelectronics Technology Co., Ltd. completed its pre-IPO counseling registration with the Jiangsu Securities Regulatory Bureau on July 8, 2026, and plans to conduct an initial public offering (IPO) and list on the stock exchange.On July 9th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.1730%, and the lowest was 0.7110%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0060%, and the lowest was 0.9360%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0140%, and the lowest was 1.0010%.RoboSense announced that its total LiDAR sales reached 719,200 units in the first half of 2026, representing a year-on-year increase of 169.6%. Among them, LiDAR sales in the robotics field reached 282,600 units, a significant year-on-year increase of 510.4%; and LiDAR sales in the ADAS field reached 436,600 units, a year-on-year increase of 98.0%.
