EUR/USD
1.13847
0.073%
Gold
4068.97
0.941%
Oil
67.744
-0.415%
USD/JPY
162.426
-0.095%
GBP/USD
1.32891
0.111%
GBP/JPY
215.855
0.029%
Real-time News
A report jointly released by the European Union Institute for Security Studies and the French think tank Institut Montaigne shows that Europe is facing a "gloomy future" due to factors such as dependence on US technology and structural weaknesses in Europes domestic chip industry.July 2nd - Two sources familiar with the matter revealed that Japan is gradually reducing its practice of issuing early warnings of intervention risks, instead taking more targeted actions to combat speculators and increase the cost of shorting the yen. The sources stated that, unlike previous cautious verbal warnings before intervention, the Ministry of Finance may suddenly intervene to clear speculative yen positions. Officials are also avoiding mentioning any specific "bottom line" exchange rate levels that might trigger intervention. This shift reflects a more aggressive strategy from the Ministry of Finance, using silence as a policy tool to make the market unpredictable. The sources indicated that this increases the risk of sudden intervention, and the driving factor for this intervention may be the accumulation of speculative short yen positions, rather than the yen exchange rate breaking through a publicly recognized threshold. Two other sources said that this move by the Ministry of Finance, along with the Bank of Japans continued hawkish rhetoric, indicates that both sides are taking coordinated action to curb yen shorting.The yield on Japans 30-year government bonds rose 4.5 basis points to 4.000%, the highest level since May 22.Nvidia: Will partner with AI Cloud to deploy large-scale, multi-tenant AI factories using a revenue-sharing and credit-support model.July 2nd - Recently, the China Meteorological Administration, in conjunction with the National Development and Reform Commission, issued the "National Meteorological Development 15th Five-Year Plan". The plan clarifies that by 2030, significant breakthroughs will be achieved in key meteorological technologies; artificial intelligence will be deeply integrated into the meteorological field; the monitoring, forecasting, and early warning capabilities for extreme weather will be significantly improved; major progress will be made in Earth system forecasting and the construction of Earth system data platforms; meteorological data elements will become an important driving force for economic and social development; and the ability to coordinate development and ensure meteorological safety will be comprehensively enhanced. my countrys overall meteorological strength and international influence will be greatly enhanced, with meteorological science and technology, monitoring, and forecasting capabilities reaching world-class levels; meteorological services will achieve world-leading status; and China will become an important force in global meteorological governance.
