EUR/USD 1.13942
0.218%
Gold 4098.19
1.099%
Oil 82.133
-7.240%
USD/JPY 163.578
-0.165%
GBP/USD 1.33170
-0.029%
GBP/JPY 217.842
-0.193%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 27: Building materials transaction volume was 85,500 tons, an increase of 5.43% compared to the previous trading day. July 24: Building materials transaction volume was 81,100 tons, a decrease of 8.26% compared to the previous trading day. July 23: Building materials transaction volume was 88,400 tons, an increase of 12.18% compared to the previous trading day. July 22: Building materials transaction volume was 78,800 tons, a decrease of 18.85% compared to the previous trading day. July 21: Building materials transaction volume was 97,100 tons, an increase of 23.85% compared to the previous trading day. Last weeks average: Building materials transaction volume was 84,800 tons.Announcement: The State Council Information Office will hold a press conference on the theme of "The Beginning of the 15th Five-Year Plan" at 10:00 a.m. on July 29, 2026. Rui Wenbiao, spokesperson and deputy director of the State Intellectual Property Office, will introduce the relevant situation of intellectual property protection and utilization during the 15th Five-Year Plan period and answer questions from reporters.On July 27th, Guo Shougang, Director of the Equipment Industry Department of the Ministry of Industry and Information Technology (MIIT), introduced the development of my countrys intelligent connected vehicle industry at a media roundtable during the 2026 World Intelligent Connected Vehicles Conference. Guo highlighted the positive achievements already made by my countrys intelligent connected vehicle industry. Going forward, the MIIT will accelerate the formulation and issuance of the "15th Five-Year Plan" for the development of the intelligent connected new energy vehicle industry, thoroughly implement the "National Standardization Development Outline," accelerate breakthroughs in a number of key core technologies, expedite the development, international coordination, and implementation of key standards, further promote pilot applications, production access, and road access for "vehicle-road-cloud integration," and promote the establishment of an ecosystem connecting the entire industry chain.D-WAVE shares rose 12% in pre-market trading after AT&T announced an expansion of its quantum collaboration agreement with the company.Global Chip LOF: Trading will be suspended from the opening of the market on July 28, 2026, and will resume at 10:30 on July 28, 2026. Redemption services for this fund will continue as usual during the suspension period.

NZD/USD falls rapidly from 0.6260 when the RBNZ announces a decline in inflation projections to 3.07 percent

Daniel Rogers

Aug 08, 2022 12:00

 截屏2022-08-08 上午11.52.29.png

 

The NZD/USD pair has encountered selling pressure while attempting to surpass the immediate resistance level of 0.6260. The asset has seen bids after the Reserve Bank of New Zealand (RBNZ) announced inflation estimates at 3.07 percent, down from 3.29 percent previously. It could be an indication of waning price pressure, but additional evidence is still needed to support the argument.

 

Price pressures in the New Zealand economy are increasing and have not yet shown signs of weariness. A June report indicates that an inflation rate of 7.3% is adequate to generate headwinds for families. The RBNZ is consistently escalating its policy tightening measures to combat the same. RBNZ Governor Adrian Orr has already increased the Official Cash Rate by 2.50 percentage points.

 

On the front of the US dollar, the US dollar index (DXY) has returned all intraday gains and is currently trading near the day's open at 106.60. While attempting to break over the crucial resistance level of 106.80, the DXY has encountered selling pressure. This week, investors' attention is centered on Wednesday's release of the US Consumer Price Index (CPI).

 

The annual inflation rate is projected to continue at 8.7 percent, down from 9.1 percent in the previous report. Oil prices have been on a downward trend in July, which may be the determining factor for a significant decline in the price increase index. While the US CPI excluding volatile food and oil prices may increase from 5.9 percent to 6.1 percent, the previous reading was 5.9 percent.

Suggestion