EUR/USD
1.15477
0.112%
Gold
4100.48
0.716%
Oil
88.767
-1.674%
USD/JPY
160.502
-0.030%
GBP/USD
1.33838
0.124%
GBP/JPY
214.818
0.095%
Real-time News
June 11 (Xinhua) -- Data released by Beijing Customs on the 11th showed that in the first five months of this year, the total import and export value of the Beijing-Tianjin-Hebei region reached 2.09 trillion yuan (RMB), a year-on-year increase of 14.4%. Exports totaled 630.84 billion yuan, up 11.5%, while imports reached 1.46 trillion yuan, up 15.8%. Since the beginning of this year, the import and export value of the Beijing-Tianjin-Hebei region has maintained year-on-year growth for five consecutive months. In May, exports reached 135.89 billion yuan, up 11.7%, while imports reached 348.46 billion yuan, up 28.1%, both setting new historical highs for the same period.UK Maritime Trade Organization: Local authorities report a fire in the engine room of an oil tanker; no environmental impact has been reported yet.On June 11th, the Institute of Industry and Planning of the China Academy of Information and Communications Technology (CAICT), in conjunction with CAICT (Guangdong) Science and Technology Innovation Research Institute Co., Ltd. and the Information Center of Guangxi Zhuang Autonomous Region, officially released the "Research Report on Low-Altitude Economic Data Governance (2026)". The reports core findings point out that systematically promoting low-altitude economic data governance requires building a "five-in-one" working system. First, guided by governance goals, data governance should promote the improvement of low-altitude economic data quality, the safe and orderly conduct of low-altitude flight activities, and the efficient allocation of low-altitude resources. Second, driven by organizational management, a "2+N+X" architecture should be used to achieve collaboration among multiple stakeholders and jointly build a low-altitude economic data governance ecosystem. Third, based on the institutional environment, laws, regulations, policy documents, and standards should play a leading, regulatory, and standardizing role. Fourth, the governance process should be the core, applying artificial intelligence to empower the entire lifecycle of data governance, from data collection, data storage, data processing, data utilization to data decommissioning. Fifth, supported by a technological platform, a "3+1+N+X" platform architecture should be used to achieve unified data governance.Shipping intelligence firm Kpler reports that approximately 96 million barrels of non-Iranian crude oil have been exported via the Strait of Hormuz or the Gulf of Oman since early May. Including cargoes still being loaded, total exports exceed 100 million barrels, roughly consistent with Trumps claim that over 100 million barrels of crude oil entered the global market during this period.On June 11th, Jefferies Global Economist Mohit Kumar stated in a report that the market has fully priced in the European Central Banks (ECB) 25 basis point rate hike tonight, which will be the ECBs only rate hike in this cycle. The next possible window for a rate hike is in September, when new ECB staff forecasts will be released. In an optimistic scenario, the war may have ended and oil prices may be close to $80, reducing the need for further rate hikes. Even in a pessimistic scenario, with the war continuing, oil prices nearing $100, and the European economy approaching or falling into recession, the ECB is unlikely to raise rates consecutively against a backdrop of recession.
