EUR/USD 1.13683
-0.011%
Gold 3999.92
-0.663%
Oil 70.351
-1.364%
USD/JPY 161.657
-0.086%
GBP/USD 1.31933
0.024%
GBP/JPY 213.284
-0.050%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Zhipu (02513.HK) fell by more than 10%, with its share price dropping to HK$2,090.On June 26, the State Taxation Administration issued an interpretation of the "Announcement of the State Taxation Administration on Relevant Matters Concerning the Administration of Individual Income Tax." Regarding whether there have been any adjustments to the individual income tax policy supporting residents home replacement purchases, the State Taxation Administration stated that, according to the "Announcement of the Ministry of Finance, the State Taxation Administration, and the Ministry of Housing and Urban-Rural Development on Continuing the Implementation of Relevant Individual Income Tax Policies Supporting Residents Home Replacement Purchases" (Announcement No. 3 of 2026), the relevant individual income tax policy supporting residents home replacement purchases will continue to be implemented until December 31, 2027. Specific regulations and filing procedures also remain the same as before. Eligible taxpayers should refer to the provisions of the "Announcement of the State Taxation Administration on Relevant Matters Concerning the Administration of Individual Income Tax Policies Supporting Residents Home Replacement Purchases" (Announcement No. 21 of 2022) for processing.Both WTI and Brent crude oil prices fell by more than 1% during the day, currently trading at $70.61 per barrel and $74.34 per barrel respectively.On June 26, 2026, Pan Gongsheng, Governor of the Peoples Bank of China, met with Jan Vera, Chairman and CEO of Citigroup. The two sides exchanged views on the global economic and financial situation, Chinas macroeconomic policies, and China-US economic and trade relations.June 26 - European and American stock index futures continued to decline, with Nasdaq 100 futures falling by 1.6%, S&P 500 futures down 0.7%, and Dow Jones futures down 0.18%; Euro Stoxx 50 futures fell 0.9%, German DAX futures fell 1%, and UK FTSE futures fell 0.8%.

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