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Gold
4065.92
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Real-time News
Market news: Sources say shipping data shows that an oil tanker that was originally scheduled to load cargo at CPC terminal is now sailing away from the Black Sea.July 30th - Preliminary data released by Italy on Thursday showed that the economy grew by 0.2% in the second quarter compared to the first three months, slightly exceeding market expectations and providing support for the economic outlook for this year. The Italian National Institute of Statistics (ISTAT) stated that Italys GDP grew by 1.0% year-on-year in the April-June period, also significantly higher than market expectations. Economists had previously predicted GDP growth of 0.1% quarter-on-quarter and 0.7% year-on-year. The data indicates that despite a sharp rise in energy costs due to the conflict with Iran, the Italian economy performed better than market expectations. ISTAT stated that the second-quarter quarter-on-quarter growth was mainly due to a positive contribution from domestic demand, the increase of which was sufficient to offset the drag on economic growth caused by trade. The ISTAT did not release specific data for each component in the preliminary figures, but indicated that the service sector grew, while industry and agriculture both contracted.On July 30th, the Shanghai Municipal Peoples Government issued the "Shanghai Municipal Health and Wellness Development 15th Five-Year Plan". The plan proposes to increase support for innovative drug and medical device research and development, strengthen information sharing and collaboration among medical institutions, medical insurance, and pharmaceutical companies, enhance the application of data in innovative drug research and development, clinical diagnosis and treatment, and the development of commercial health insurance products, and promote the construction and application of a medical insurance-enabled innovation-driven clearing and settlement platform. It also further promotes the construction and application of medical insurance traceability codes and imaging cloud platforms. The plan deepens the mechanism for medical insurance support for the development of innovative drugs and medical devices, supports the inclusion of innovative drugs in the national medical insurance drug catalog, and implements a DRG and DIP payment limit exemption mechanism for innovative drugs.Japanese Prime Minister Sanae Takaichi: We will seek ways to allow Japan more flexibility in adjusting sales tax rates.Japanese Prime Minister Sanae Takaichi: We will review potential sources of revenue, such as foreign exchange reserves, non-tax revenue, and spending reforms.
