• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 18th, according to the latest data from market research firm Omdia, global shipments of true wireless stereo (TWS) earphones declined by 0.7% year-on-year to 82.1 million units in the second quarter of 2026, marking the first year-on-year decline since the second quarter of 2023. Among these, shipments in the Chinese market declined by 9.5% year-on-year, dragging down the overall performance. By manufacturer, Apple shipped 16.8 million TWS earphones in the second quarter, a year-on-year increase of 1.2%, maintaining its leading position with a market share of 20.5%. Xiaomi ranked second with a market share of 10.4%, Samsung ranked third with 6.7%, and Huawei and OPPO ranked fourth and fifth with 6.2% and 5.0% respectively.On September 18th, according to data from the third-party travel platform "Flight Manager," the civil aviation industry is expected to operate a total of 219,000 passenger flights during the Mid-Autumn Festival and National Day holiday in 2026 (September 25th to October 7th), averaging over 16,800 flights per day, a year-on-year increase of 2%. Airfares have also risen. According to Flight Managers booking data, as of September 17th, the average booked price for domestic economy class tickets during the 2026 National Day holiday is approximately 973.7 yuan, a year-on-year increase of 9%. Looking at price trends, the long holiday has accelerated travel, with peak passenger flows relatively dispersed, and some routes still offering price advantages during the holiday. The official direct sales platform of TravelSky shows that, as of now, routes such as Beijing to Taiyuan, Hulunbuir, Changchun, and Lanzhou; Shanghai to Qingdao, Shijiazhuang, Wuhan, Changsha, and Chengdu; and Guangzhou to Zhanjiang, Jieyang, Fuzhou, Changsha, Qionghai, and Sanya all have tickets available for around 300 yuan during the National Day holiday. The extended holiday has also further fueled the outbound tourism market. This years National Day and Mid-Autumn Festival holidays saw a surge in cross-border travel demand across various destinations, with both long-distance and short-distance destinations experiencing a rise in popularity.On September 18th, ten departments, including the Ministry of Culture and Tourism and the National Development and Reform Commission, issued "Several Measures to Promote RV Consumption," which includes implementing an RV consumption promotion campaign. The measures encourage eligible regions to improve their RV consumption promotion policies, promote new RV lifestyles, cultivate an RV consumption culture, and raise the level of RV consumption. Regions with car purchase restrictions are encouraged to optimize RV management measures, shifting from purchase management to usage management. Pilot cities for automobile circulation and consumption reform are supported in including RV consumption promotion as a reform task, and pilot cities for new consumption formats, models, and scenarios are encouraged to include eligible RV campsites and other consumption scenarios in their support scope. Support is given to including RV campsites in tourism promotion activities, promoting coordinated discounts between campsite consumption and surrounding consumption formats. RV-friendly destinations will be launched in batches.On September 18th, ten departments, including the Ministry of Culture and Tourism and the National Development and Reform Commission, issued "Several Measures to Promote RV Consumption," which mentions strengthening the supply and management services of RV tourism products. It guides eligible regions to integrate cultural and tourism resources to create a number of distinctive RV tourism routes. It encourages tourism enterprises to integrate resources related to RV sales, rentals, and travel to launch customized tourism products and cultivate and expand the RV consumption market. It also promotes the development of high-quality self-driving tourism roads, with parking areas and viewing platforms along the routes taking into account the parking needs of RVs. Furthermore, it regulates RV camping behavior, addressing issues such as illegal use of open flames, illegal parking, unauthorized construction, illegal connections to water and electricity, littering, and damage to public facilities and green spaces, while advocating for Leave No Trace camping.According to South Korean media reports, South Korea has secured 70% of its crude oil supply for November and has secured more than 90% of its crude oil supply for September and October.

Gold Price Prediction: XAU/USD struggles to extend gains on encouraging ADP Employment data from the United States

Daniel Rogers

Jan 06, 2023 11:12

 37.png

 

After falling to almost $1,825.00 during the late New York session, the gold price (XAU/USD) has tried a recovery. The precious metal is battling to continue its rebound as robust United States Automatic Data Processing (ADP) Employment Change data has prompted the risk of the Federal Reserve (Fed) maintaining higher interest rate stability for an extended duration.

 

S&P500 suffered a major sell-off from the market participants, displaying a risk-aversion theme, as bigger additions of fresh payrolls in the United States job market will require the Fed to sustain its aggressive position on interest rates for a longer term. This has also caused a possibility of recession in the US economy. The Employment Change (Dec) jumped to 235K in contrast to the predicted 150K and the previous release of 127K. In addition, the weekly Initial Jobless Claims (IJC) have decreased to 204K compared to the expected 225K.

 

The US Dollar Index (DXY) achieved a roaring rally after sustaining above the important resistance of 104.00 and rose to reach 105.00. In addition, 10-year US Treasury yields detected demand and rose to approximately 3.72 percent.

 

Investors will closely monitor Nonfarm Payrolls (NFP) data on Friday. After noticing optimistic signals from ADP Employment Change, it is quite likely that the US NFP will report data that exceeds expectations. The unemployment rate is expected to remain unchanged at 3.7%.