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Gold
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97.391
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Real-time News
Futures News, May 15th: 1. Widespread Precipitation Expected in Central and Eastern China: From May 15th to 19th, a large-scale rainfall process will occur in central and eastern my country from west to east. Heavy rain or torrential rain is expected in parts of eastern Southwest China, the Jianghuai region, central and western Jiangnan, South China, eastern Northwest China, western and northern North China, the Huanghuai region, and Inner Mongolia, with localized areas experiencing extremely heavy rain, accompanied by thunderstorms, strong winds, and short-duration heavy precipitation. 2. Dense Fog Expected in the Yellow Sea and Northern East China Sea: From 08:00 on May 15th to 08:00 on May 16th, dense fog with visibility less than 1 kilometer is expected in the Bohai Strait, most of the Yellow Sea, northwestern East China Sea, eastern coastal waters of the Liaodong Peninsula, eastern coastal waters of the Shandong Peninsula, and coastal waters of Jiangsu. Additionally, from early morning to late morning on May 15th, dense fog is expected in parts of central Hunan, central Jiangxi, southern Sichuan Basin, and western Guizhou, with localized areas experiencing dense fog with visibility less than 500 meters. The National Meteorological Center continued to issue a yellow fog warning at 06:00 on May 15. 3. High temperatures will persist in central and northern Africa, West Asia, and South Asia. Over the next three days, parts of central and northern Africa, southeastern Arabian Peninsula, southeastern Iran, southwestern Afghanistan, southern Pakistan, and most of India will experience temperatures above 40℃, with some areas exceeding 45℃. 3. Significant rainfall is expected in central and eastern Southern Europe. Over the next three days, influenced by an upper-level trough and low-level Mediterranean moisture transport, parts of Croatia, Bosnia and Herzegovina, Montenegro, central Italy, Albania, western Romania, eastern Czech Republic, Slovakia, Hungary, North Macedonia, and Bulgaria will experience moderate rain, with some areas experiencing heavy to torrential rain; these areas will also experience winds of force 4 to 6, with gusts exceeding force 7.On May 15th, South Korean Finance Minister Koo Yoon-cheol stated that despite continued strong export data, the protracted conflict in the Middle East is gradually impacting the South Korean economy through rising consumer prices, and the government will take proactive measures to stabilize supply chains. According to the Ministry of Strategy and Finance, Koo chaired a meeting of economic ministers in Seoul that day to discuss countermeasures against the economic impact of the Middle East geopolitical crisis. The Ministry of Finance quoted Koo as saying, "The protracted war has begun to have a significant impact on South Koreas real economy and peoples lives." Koo also expressed gratitude to gas stations for cooperating with the governments fuel price cap mechanism, noting that current market fuel prices are still below the cap level. He added that South Korea will closely assess changes in the economic environment, including the semiconductor industry boom, and study measures to alleviate economic polarization. The Ministry of Finance stated that South Korea will announce its economic growth strategy for the second half of the year at the end of June. In addition, Koo also chaired a meeting of real estate ministers, stating that the government will use all available means to stabilize the real estate market.Data from the Bank of Japan shows that the year-on-year increase in the yen-denominated import price index in April was the fastest since December 2022.Japans corporate goods price index rose 2.3% month-on-month in April, below the expected 0.80% and the previous reading of 0.80%.Japans corporate goods price index rose 4.9% year-on-year in April, below the expected 3.00% and the previous reading of 2.60%.
