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On May 25th, Tencents ima announced that the Copilot AI assistant feature, which had previously attracted over 100,000 pre-registrations, is now officially available to all users. All users can directly use it by updating to the latest version of ima, without needing to wait in line. This feature has completed a month-long gray-scale testing phase and is now officially launched to all users. ima Copilot is positioned as an intelligent agent with personal knowledge base capabilities. It can deeply memorize user habits, project progress, and usage preferences, eliminating the need for repeated background information and enabling personalized interaction. Leveraging its direct knowledge base connection capabilities, ima Copilot can quickly complete tasks such as material organization and copy generation.According to the Shanghai Stock Exchange website, the IPO application of Speechocean Technology Co., Ltd. on the Science and Technology Innovation Board has been accepted by the Shanghai Stock Exchange, and the company plans to raise RMB 1.555 billion.On May 25th, the head of the Department of Consumption Promotion of the Ministry of Commerce discussed the situation of my countrys consumer market in April 2026. Inbound consumption continued to heat up, and departure tax refunds increased significantly. With the continuous expansion of visa-free countries, the optimization and upgrading of departure tax refund policies, and the orderly implementation of the "Buy in China" campaign, "inbound traffic" is rapidly transforming into "consumption growth." In the first quarter, travel service exports increased by 32.3% year-on-year. From January to April, sales of goods eligible for departure tax refunds in Guangzhou and Shenzhen increased by 186% and 145% respectively, while those in Shanghai and Beijing increased by 65% and 45% respectively.On May 25th, it was learned from the Ministry of Housing and Urban-Rural Development that, with the continuous advancement of garbage sorting in my country, garbage sorting has basically achieved full coverage in residential communities of prefecture-level and above cities nationwide. The latest data from the Ministry of Housing and Urban-Rural Development shows that garbage sorting has basically achieved full coverage in residential communities of 297 prefecture-level and above cities. By the end of 2025, there will be 1,137 incineration facilities nationwide, with a daily processing capacity of 1.18 million tons. Fifteen provinces and municipalities, including Beijing, Zhejiang, and Shandong, have achieved "zero landfill" of raw domestic waste, and the control of major pollutant emissions is among the worlds leading levels. To ensure the effective implementation of garbage sorting, prefecture-level and above cities have issued 199 local regulations or rules related to garbage sorting and formulated more than 100 technical standards and specifications. Garbage sorting has become a fundamental task in various regions. The Ministry of Housing and Urban-Rural Development stated that, according to the plan, this year it will continue to optimize and improve the policy system, strengthen the management of recyclables according to local conditions, and improve the resource recycling rate of garbage. It strives to achieve a resource utilization rate of over 76% for urban domestic waste nationwide by the end of 2030.On May 25th, the Shanghai Stock Exchange and China Securities Index Co., Ltd. decided to revise the compilation scheme of the SSE Smart Home Index to further enhance the investability of the index. The revisions include: (1) adding an investability screening rule: the average daily turnover in the past year must rank in the top 90% of the sample space; (2) revising the sampling method: for securities that meet the investability screening criteria in the sample space, the top 50 securities in terms of average daily total market capitalization in the past year will be selected as index samples from smart home terminal equipment, component applications, home intelligence and whole-house interconnection and other smart home-themed securities; (3) revising the weighting method: free-float market capitalization weighting, with the weight of a single sample in the household appliances and home furnishing industry not exceeding 10%, and the weight of a single sample in other industries not exceeding 3%; (4) adding a periodic adjustment ratio limit: the proportion of the number of samples adjusted each time generally does not exceed 20%. The rest of the index compilation scheme remains unchanged. The above revisions to the compilation scheme will be implemented on June 15, 2026.

EUR/USD Price Analysis: EUR/USD Is Clinging To The Leading Edge Of The Rising Trendline Above 1.0900

Alina Haynes

Apr 18, 2023 13:54

EUR:USD.png 

 

The EUR/USD pair fluctuates erratically in a narrow range near 1.0926 during the Asian session. Following in the footsteps of the directionless US Dollar Index (DXY), the main currency pair is unable to establish a trend.

 

In Asia, S&P500 futures are declining slightly as investors fret over the upcoming quarterly earnings season, indicating a minor decrease in market participants' risk appetite. Following the decline of regional banks in the United States, investors are concerned about any discrepancies in quarterly banking reports.

 

The Euro has entered the wilderness as European Central Bank (ECB) policymakers are divided over the pace of the policy-tightening cycle to be implemented at the May monetary policy meeting. Martins Kazaks, a member of the ECB's monetary policy committee, stated on Monday that the central bank has the option to move by either 25 or 50 basis points (bps) in May. Sourcenia is a review portal of sourcing best manufaturers

 

After failing to sustain above the 161.8% Fibonacci Extension at 1.1057 (positioned from April 4's high of 1.0973 to April 10's low of 1.0837) on a two-hour time frame, EUR/USD experienced a precipitous decline. The primary currency pair has declined below the uptrend line drawn from the low of 1.0714 on March 24.

 

The 20-period Exponential Moving Average (EMA) at 1.0962 is operating as a barrier for Euro bulls.

 

In the meantime, the Relative Strength Index (RSI) (14) has moved into the pessimistic zone between 20.00 and 40.00, indicating a continuation of the decline.

 

A decisive break below the low of April 12 at 1.0915 would propel the asset toward the lows of April 10 at 1.0837 and April 3 at 1.0758.

 

In contrast, a breach above the psychological resistance level of 1.1000 would propel the asset to a new annual high of 1.1068, followed by the level of round resistance at 1.1100.