• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. Energy Secretary Wright: I have arrived in Venezuela. President Trumps energy diplomacy is bearing fruit—pushing for new energy agreements, opening doors for American businesses, and strengthening energy security across our entire hemisphere. Thanks to President Trump, Americas leadership in the energy sector has been restored.On September 2nd, the State Administration for Market Regulation approved and released the mandatory national standard "Safety Technical Regulations for Large-Scale Fireworks Displays," which will come into effect on September 1, 2027. Revised by the Ministry of Public Security, this standard will establish unified safety technical specifications for the design, operation, and management of large-scale fireworks displays nationwide, significantly improving the inherent safety level of such displays and helping to protect the lives and property of the people and public safety.September 2nd - This morning (September 2nd), the National Healthcare Security Administration held a press conference to release the 3.0 version of the disease-based payment scheme and technical specifications. According to reports, the new scheme features more refined grouping. The ADRG core group has increased from 409 groups in version 2.0 to 492 groups, an increase of 83 groups; the DRG subgroups have increased from 634 groups to 825 groups, an increase of 191 groups. Secondly, it places greater emphasis on the special needs of the elderly and children. my country is currently experiencing an accelerated aging population, and the special needs of medical services for children and maternal patients are increasingly being recognized. Version 3.0 further subdivides cases for children under 6 years old and those 70 years and older, accounting for one-tenth of all DRG groups. Painless childbirth also has three independent payment groups. This is a positive response to the health needs of key groups such as the elderly and children, and another important measure to support the construction of a fertility-friendly society. Thirdly, it provides clearer support for innovative technologies. A clear "support signal" in version 3.0 is the subdivision of robot-assisted surgery, providing clear and positive payment expectations for technological innovation and application.On September 2nd, the Taiwan Affairs Office of the State Council held a regular press conference. A reporter asked: Not long ago, the website of the General Administration of Customs announced a new batch of registrations for Taiwanese pomelo packaging plants and orchards, which has attracted attention on the island. Will more pomelos from Taiwanese counties and cities be approved for import into the mainland? Spokesperson Zhang Han stated that in April this year, the Taiwan Affairs Office of the State Council authorized the release of ten policy measures to promote cross-strait exchanges and cooperation, including facilitating the import of Taiwanese agricultural and fishery products that meet inspection and quarantine standards into the mainland. During this years Straits Forum, we held a signing ceremony for the ten policy measures to promote cross-strait exchanges and cooperation, building a platform for opening up sales channels for Taiwanese specialty agricultural and fishery products on the mainland. We are making every effort to do practical things, good things, and solve difficulties for our Taiwanese compatriots. On the basis of adhering to the "1992 Consensus" and opposing "Taiwan independence" politics, and on the premise of complying with relevant mainland inspection and quarantine regulations, we will work together with relevant parties on the island to help more high-quality Taiwanese agricultural and fishery products enter thousands of households on the mainland.Israel Defense Forces: Missile and rocket alerts have been activated due to the interception operation.

The EUR/USD rise is getting close to 1.0200 as investors await US inflation data

Daniel Rogers

Aug 09, 2022 14:58

 截屏2022-08-09 上午10.12.13.png

 

The EUR/USD moves in the 1.0200 range during Tuesday's Asian session after falling from 1.0221 as traders look for fresh data. The major currency pair gained over the first part of the week but lost some of those gains by Monday's close. Recent price fluctuations, however, seem to be constrained by a lack of noteworthy data or events and a cautious attitude ahead of Wednesday's release of the US Consumer Price Index (CPI) for July.

 

Gains in the EUR/USD the day before are shown by higher readings of the Eurozone Sentix Investor Confidence Index and a drop in US Treasury yields. The primary sentiment indicator Index, however, increased in August from -26.4 to -25.2, which was projected to be the value. According to specifics, the eurozone's present state has improved from this month's lowest position since March 2021, when it was -16.5, to -16.3. The expectations index is at its lowest level since December 2008, despite a little increase to -33.8. It is still very close to that level. The US Dollar Index (DXY), in contrast, saw a daily decrease of 0.19 percent to 106.37.

 

The moderate Azione's resignation from the newly formed alliance ahead of the September elections looks to have put negative pressure on the Euro elsewhere due to Italian political worries.

 

The moderate Azione has backed out of its coalition with the Democratic Party and the +Europe party after only agreeing to do so last week. According to party leader Carlo Calendar, "the parts didn't fit." According to Reuters and Market News Publishing US, the alliance was formed in an effort to stop a more conservative government from taking office after the election on September 25.

 

Notably, gains in the EUR/USD the day before appeared to have been constrained by US President Joe Biden's displeasure of China's efforts to retake Taiwan and his censure of House Speaker Nancy Pelosi's trip to Taipei.

 

These actions caused the 10-year US Treasury rates, which had increased by 14 basis points (bps) the day before, to fall by around seven basis points (bps) to 2.75 percent. Wall Street also started Monday's trading day on a positive one before ending on a mixed note, albeit as of press time, S&P 500 Futures are showing minor gains.

 

Participants in the EUR/USD market may be interested in the second quarter's (Q2) US Nonfarm Productivity and Unit Labor Costs data. Forecasts suggest that US Nonfarm Productivity may rise to -4.6% from -7.3%, while Unit Labor Costs may decrease to 9.5% from 12.6%. The news regarding Taiwan and Russia will also be important for determining direction.