• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Domestic News: 1. my countrys annual electricity consumption exceeded 10 trillion kilowatt-hours for the first time, a figure unprecedented among any single country globally. 2. Two departments announced that the minimum down payment ratio for commercial property purchase loans will be adjusted to no less than 30%. 3. The "Draft Law of the Peoples Republic of China on National Reserve Security" is open for public comment. 4. The Ministry of Industry and Information Technology released management measures, including technology-based SMEs in the tiered cultivation program for the first time. 5. Galactic Energy responded to the failure of Ceres-2s maiden flight: a full investigation is underway to determine the cause of the malfunction. 6. The General Administration of Customs stated that during the 15th Five-Year Plan period, both exports and imports should be expanded appropriately. 7. Eastern Theater Command: The PLA organized naval and air forces to monitor and alert US warships transiting the Taiwan Strait, effectively responding to and handling the situation. 8. Southern Theater Command: The Southern Theater Command recently organized drones to conduct normal flight training in the airspace near Dongsha Island, which is entirely legitimate and legal. International News: 1. British media: Nvidia suppliers suspend production of key components for the H200 chip. 2. Musk: AI5 chip design is nearing completion, AI6 is still in its early stages. 3. US-led coalition warplanes flew over the conflict zone in northern Syria, dropping warning flares. 4. Syrian government forces: have captured the Sufyan and Thawrah oil fields in the north. 5. US Commerce Secretary threatened South Korean and other memory chip manufacturers: either build in the US or pay 100% tariffs. 6. Iranian Supreme Leader Khamenei: Trump has caused casualties and losses in Iran and slandered Iran; he is a criminal. On January 17, Russian Human Rights Commissioner Moskalikova told reporters in Geneva after meeting with ICRC President Sporalitz that restarting the prisoner-of-war exchange process between Russia and Ukraine is the top priority. She stated that Russia has submitted a list of Ukrainian military personnel in Russia who are ready for repatriation. Previously, Ukraine typically submitted the list, and Russia agreed to repatriation, but the current dialogue with Ukraine is "puzzling." It is difficult to discuss the possible exchange deadline and the number of prisoners at this time, as "various details could emerge until the last minute, potentially disrupting the process or changing its direction."On January 17, Ukrainian President Volodymyr Zelenskyy stated that the Ukrainian delegation had arrived in the United States that day and was expected to receive its first briefing on the talks that evening Kyiv time. Zelenskyy said the main task of the Ukrainian delegations trip was to provide the US with comprehensive and accurate information about the current situation. Zelenskyy reiterated that Ukraine has never been, and will never be, an obstacle to peace, and that progress in the current diplomatic process depends on the positions of the partners.On January 17th, it was reported that on January 13th, according to Xian University of Electronic Science and Technology, Academician Hao Yues team at the university broke through a 20-year bottleneck in semiconductor materials technology, achieving a leap forward in chip heat dissipation efficiency and overall performance, providing a replicable Chinese paradigm for solving various high-quality integration problems of semiconductor materials. The relevant findings were recently published in the top international journals *Nature Communications* and *Science Advances*. Zhang Jincheng, Vice President and Professor of Xian University of Electronic Science and Technology, stated, "Inability to dissipate heat can lead to decreased chip performance or even device burnout." The team innovatively injected high-energy ions into the crystal of third-generation semiconductor chips, making the surface of the crystal nucleation layer smooth. This breakthrough reduced the semiconductor thermal resistance to one-third of its original value, solving the heat dissipation problem faced by third-generation and future semiconductor chips. Simultaneously, this breakthrough significantly improved the performance of semiconductor devices.According to Syrian security sources and Turkish defense sources, US-led coalition warplanes flew over northern Syria, where clashes were taking place between Syrian government forces and Kurdish militants.

Natural Gas prices fall below $2.70 despite USD Index attempts to recover, and demand concerns grow

Alina Haynes

Mar 14, 2023 13:12

截屏2023-01-19 下午3.42.24.png 

 

After a perpendicular recovery to close to $2.70 in the Asian session, Natural Gas futures have turned sideways. Weakness in the US Dollar Index (DXY), in general, has aided the upward bias in natural gas prices. Natural Gas futures appear vulnerable near $2.70 as the USD Index has demonstrated a recovery move to near 103.90 as investors become anxious ahead of the release of the United States Consumer Price Index (CPI) data.

 

The Federal Reserve's decision to raise interest rates is anticipated to have a negative impact on industrial demand for natural gas (Fed). The market anticipates that Fed chair Jerome Powell's scheduled rate hikes will lead to a recession in the near future.

 

Meanwhile, Winter is nearing its conclusion and summer has not yet arrived. Consequently, demand for residential purposes to heat domestic spaces will remain low. Additionally, because residences will require less electricity to operate air conditioners, power companies are less reliant on natural gas.

 

The recent decline in the USD Index is what has given Natural Gas prices new life. The US Energy Information Administration's (EIA) inventory data, which is released every Thursday, will dominate this week's trading in Natural Gas futures.

 

Going forward, investors eagerly anticipate the publication of US inflation data in order to form a new consensus. According to the projections, the headline CPI could fall to 6.0% from the previous release of 6.4%. And, core inflation, which excludes crude and food prices, is anticipated to decrease slightly to 5.5% from the previous release of 5.6%.