• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
EU Defence and Space Commissioner Coubilius: The US demands on European defense are "reasonable".The chart shows that at 23:00 Beijing time on February 13, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, etc. 11 of these contracts have a strike price of over 1 billion. Please manage your risk.February 13 – The Ministry of Public Security announced on February 13 that the 11th China-US Drug Intelligence Exchange Meeting was held in the United States from February 10 to 12, local time. Inter-agency drug enforcement delegations from China and the US participated in the meeting. During the meeting, both sides conducted in-depth discussions on the drug situation, the cleanup of illegal online information, cooperative cases, chemical control, and anti-money laundering related to drug trafficking. They reported on the latest developments, exchanged opinions and suggestions, and clarified the direction of cooperation. Both sides agreed to jointly promote the healthy, in-depth, and pragmatic development of China-US drug enforcement cooperation on the basis of equality and mutual respect. The China-US Drug Intelligence Exchange Meeting, which began in 2002, is hosted alternately by the drug enforcement departments of the two countries and is an important institutional meeting in the field of drug enforcement between China and the US.February 13th - According to Politico, six European officials stated that they do not expect the Munich Security Conference to achieve much substantial progress in ending the Russia-Ukraine conflict. Two European officials and a senior US official revealed that the US has made it clear to Ukraine that it will not finalize a security guarantees agreement before a general agreement is reached. However, the peace process is stalled due to territorial disputes. A senior government official stated that President Trump is not attempting to use the agreement as leverage to pressure Zelensky. The official stated, "Trump wants to finalize and implement many things before actually signing, not just sign for the sake of signing, which would hinder subsequent peace negotiations." Another source familiar with the matter said that the US, Russia, and Ukraine plan to meet again next week, possibly in Miami or Abu Dhabi, where the US believes any substantial progress is more likely to occur.On February 13th, the State Administration for Market Regulation issued the "Guidelines on Anti-Monopoly Compliance of Internet Platforms." The guidelines require that platform operators with a dominant market position avoid abusing their market dominance by selling goods at unfairly high prices or purchasing goods at unfairly low prices in the following ways: (i) charging platform operators significantly higher fees than other similar business platform operators under the same or similar market conditions, such as commissions, registration fees, handling fees, membership fees, technical service fees, information service fees, and marketing promotion fees, or increasing these fees beyond the normal range when costs are basically stable; (ii) indirectly charging platform operators unfairly high fees by splitting service items or adding new charges; (iii) paying platform operators significantly lower prices for goods than other similar business platform operators under the same or similar market conditions.

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.