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On August 21st, it was reported that on August 20th, Wang Xingxing, Chairman, General Manager, and Chief Technology Officer of Unitree Robotics, stated at the 2026 World Robot Conference that Unitree Robotics continues to invest in the field of AI models, which is currently the area where Unitree invests the most funds and human resources. At the conference, Wang Xingxing publicly explained for the first time Unitree Robotics exploration of the concept of "self-evolution of physical AI robots." He stated that while AI has been widely applied to programming and various development processes in recent years, its application in the robotics field remains insufficient. Therefore, Unitree Robotics is promoting the construction of a self-evolution system for physical AI robot models: relying on cutting-edge large-scale models, setting corresponding rules, empirical constraints, and tool boundaries, allowing the model to autonomously search for cutting-edge papers, high-quality research results, and open-source solutions, and automatically generate robot control code.Japans national CPI rose 2% year-on-year in July, below the expected 1.90% and the previous reading of 1.60%.Japans core CPI rose 1.8% year-on-year in July, below the expected 1.80% and the previous reading of 1.60%.Japans July core CPI annual rate will be released in ten minutes.On August 21st, the Loan Prime Rate (LPR) remained unchanged for the 15th consecutive month. The Peoples Bank of China authorized the National Interbank Funding Center to announce on August 20th that the 1-year LPR was 3.0%, and the LPR for maturities of 5 years or more was 3.5%. Analysts believe that considering the current policy interest rates and banks net interest margins, the LPR remaining unchanged is in line with expectations. Since late July, the DR (Deposit-taking Financial Institutions Bond Repurchase Rate) benchmark lending rate has been continuously implemented, and the efficiency of LPR quotations is expected to further improve in the future.

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%.

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