EUR/USD 1.15921
-0.164%
Gold 4338.64
0.513%
Oil 95.724
-4.778%
USD/JPY 153.953
-0.299%
GBP/USD 1.35046
-0.045%
GBP/JPY 207.912
-0.347%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 11, according to US media reports, Anthropic discovered that a group in northern Yemen was using its Claude AI model to support the development of missile and rocket systems, highlighting growing concerns about the misuse of advanced AI in military projects and by non-state actors. In its latest AI abuse detection and countermeasures report released Thursday, Anthropic stated that these unidentified actors are advancing three weapons projects, including a guided rocket, a ballistic missile with a claimed range of over 2,000 kilometers (1,243 miles), and a missile series called R2000. The Yemeni group used Claude to help develop guidance, navigation, and control software, effectively replacing some tasks typically performed by software engineers. These actors allegedly spread the work across multiple AI sessions and concealed the military nature of the projects to evade detection. Anthropic released this information as the Iranian-backed Houthi rebels continue to launch missile and drone attacks on shipping routes in the Red Sea, a key global trade route. In recent days, the armed group has advanced towards the Red Sea coast, which borders the strategic Bab el-Mandeb Strait, and fighting between it and Saudi-backed Yemeni forces has intensified. As the war with Iran continues to disrupt the energy market, oil prices have been pushed up.On September 11th, at the "Space Computing Power Innovation and Development" thematic forum of the 2026 China Computing Power Conference, the China Academy of Information and Communications Technology (CAICT) and the Beijing Space Intelligent Computing Research Institute officially established the "Space Computing Power Key Technology and Scenario Verification Laboratory." This is the industrys first laboratory focusing on key technologies and integrated verification across multiple scenarios for space computing power. The laboratory will focus on four main areas: joint research on cutting-edge common key technologies such as radiation-resistant spaceborne AI chips, high-speed inter-satellite communication, and distributed resource collaborative scheduling; building a ground verification test field with "one center, two modules, four platforms, and one base" to conduct pilot-scale and engineering testing of space computing power; promoting the implementation and verification of typical scenarios in multiple domains, including space situational awareness, space-based assisted intelligent driving, and weather forecasting and early warning; developing relevant standards and specifications, outputting testing toolsets and public technical achievements, and coordinating the construction of a standard evaluation system.On September 11, the European Commission approved €6.1 billion in funding for Ukraine to purchase air defense and anti-missile systems, munitions, drones, and electronic warfare systems. The Commission stated that the funds will support the procurement of defense products from EU and Ukrainian companies. EU member states have agreed on the arrangements, allowing Ukraine to use the funds to purchase PAC-3 missiles needed for the Patriot air defense system. This funding comes from a €90 billion EU loan to Ukraine. According to the arrangement, €60 billion will be used for defense assistance and €30 billion for budget support, planned to be provided between 2026 and 2027. The Commission said that with this approval, the €28.3 billion allocated for defense assistance to Ukraine in 2026 has been fully allocated, specifying the equipment to be procured, suppliers, required quantities, and implementation timelines.A spokesperson for the European Commission stated that the EU is in discussions with Apple regarding a potential future Siri EU service.Ukraine claims it has attacked Russias Saratov oil refinery.

USD/CHF Consolidates Around 0.9040 As Attention Shifts To US Inflation

Daniel Rogers

Apr 10, 2023 14:27

USD:CHF.png

 

The USD/CHF pair continues to trade lacklusterly above the crucial support level of 0.9036 in the early Tokyo session. Investors are shifting their focus to Wednesday's release of United States Consumer Price Index (CPI) data, making it difficult for the Swiss Franc to gain traction.

 

As tensions between China and Taiwan escalate, S&P500 futures have pared some of their gains. The market's anxiety has been alleviated by the increasing intensity of Chinese military exercises around Taiwan Island. In addition, concerns of a recession are likely to cause volatility in US equities.

 

Jamie Dimon, CEO of JPMorgan Chase, stated in an interview with CNN that the recent banking turmoil caused by the dissolution of Silicon Valley Bank (SVB) and Signature Bank has increased the likelihood of a recession in the United States.  Despite the robustness and security of the banking system, the recent turmoil in the financial system is "another weight on the scale" toward recession, he added.

 

The US Dollar Index (DXY) is protecting the 102.00 support level ahead of US Consumer Price Index (CPI) data. According to the consensus, headline inflation will fall from 6.0% to 5.2%. In addition, the headline monthly CPI would decelerate to 0.3% from 0.4% previously reported. As a consequence of oil prices remaining low in March, inflationary pressures are anticipated to become evident.

 

In contrast, the core CPI, which excludes crude and food prices, is anticipated to increase to 5.6% from 5.5%. The tenacity of inflationary pressures is maintained by the resiliency of demand for essential products, as a result of a higher labor cost index. A similar event could compel the Federal Reserve (Fed) to raise rates again at its May monetary policy meeting.

 

Regarding the Swiss Franc, Swiss markets are suspended on Easter Monday. This week, the Producer Price Index (PPI) data will have an impact on the Swiss Franc.

Suggestion