EUR/USD
1.15367
0.073%
Gold
4326.33
-0.566%
Oil
80.569
0.180%
USD/JPY
159.359
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GBP/USD
1.34946
0.067%
GBP/JPY
215.055
-0.023%
Real-time News
August 14th - According to foreign media reports, Australian homebuyers continue to reduce borrowing, with new housing loans experiencing their largest drop since the pandemic. Tax reforms and falling house prices have prompted buyers to wait for signs of a market bottom. In the three months to June, new housing loans in Australia fell by 5.2% compared to the first quarter, the largest drop since the end of 2022. Investor borrowing fell by more than 10%, while owner-occupier loans fell by 1.9%. This data confirms the market weakness previously reported by major Australian banks. All three of the countrys major banks reported a significant drop in mortgage applications during the period. With reduced tax incentives diminishing the attractiveness of home purchases for investors, and continued house price declines prompting other buyers to wait for the market to bottom out, housing demand is likely to remain weak. The simultaneous decline in both house prices and loans indicates that Prime Minister Albaneses attempt to curb the increasingly unaffordable housing market through new tax policies is beginning to have an effect.JPMorgan Chase lowered its price target for Honeywell from $262 to $255.The local governor said that the area around the Russian Baltic port of Uster-Luga was damaged by a drone attack.On August 14th, LG Electronics announced plans to launch a new generation of bipedal humanoid robots in the first quarter of 2027, based on the NVIDIA robotics platform. The robot will be powered by the NVIDIA Jetson Thor robotic chip module and developed using the NVIDIA Isaac GR00T humanoid robot base model and the Holoscan for Robotics robot safety system. LG plans to integrate the technology and capabilities of its major subsidiaries into this robot, including actuators from LG Electronics, sensors from LG Innotek, and batteries from LG Energy Solution. Furthermore, the two companies will collaborate comprehensively across three main areas: robotics, AI factories, and mobility.August 14th - According to Qingdao Customs statistics, in the first seven months of this year, Qingdaos total import and export volume reached 554.87 billion yuan, accounting for 26.1% of the provinces total import and export value; a year-on-year increase of 6.4%, 2.1 percentage points higher than the provincial average. Specifically, exports reached 337.71 billion yuan, a year-on-year increase of 8.3%; imports reached 217.16 billion yuan, a year-on-year increase of 3.5%. In July alone, Qingdaos total import and export volume reached 87.75 billion yuan, a year-on-year increase of 10.5%. Specifically, exports reached 56.01 billion yuan, a year-on-year increase of 16.3%; imports reached 31.74 billion yuan, a year-on-year increase of 1.5%.
