Real-time News

April 7th - According to the Guangdong Provincial Department of Transportation, during the Qingming Festival holiday (April 4th-6th), the total traffic volume on Guangdong's expressways reached approximately 30.2705 million vehicles, with an average daily traffic volume of 10.0902 million vehicles, representing a year-on-year increase of 19.33%. On April 6th, the province's expressways saw approximately 10.8422 million vehicles, while the Hong Kong-Zhuhai-Macau Bridge saw 31,411 vehicles, both breaking historical records.

April 7th - According to the Financial Times, the UK government is considering standardized testing of common AI models used by all UK banks. This comes after the Bank of England issued a warning last year regarding these banks' assessment practices. Harriet Rees, Chief Information Officer of digital bank Starling, made the proposal to the Department for Science, Innovation and Technology last month. The proposal aims to reduce duplication and inconsistencies in testing and ensure that US algorithms meet standards. Rees stated, "Given our reliance on US models, testing would reassure the government that they have at least reviewed these models and know that they meet certain standards."

April 7th, Futures News: Economies.com analysts' latest view: Brent crude oil futures have stabilized and risen in recent intraday trading, preparing to test the key resistance level of $110.65. The price is currently above the 50-day moving average, finding dynamic support, and is trading along the short-term major uptrend line, supporting the possibility of a breakout above this resistance level. Furthermore, the Relative Strength Index (RSI) is also giving a positive signal, indicating that the price has moved out of overbought territory.

April 7th, Futures News: Economies.com analysts' latest view: WTI crude oil futures have risen further in recent intraday trading, breaking through the key resistance level of $105.00, showing strong upward momentum. The Relative Strength Index (RSI) is giving a positive signal, supporting this upward trend. Previously, the stock had moved out of overbought territory, giving it more room to continue rising and potentially achieve further gains in the short term. Furthermore, the stock is currently trading above the EMA50, receiving continuous dynamic support, which enhances the stability and dominance of the main upward trend in the short term.

Futures News, April 7th: Economies.com analysts' latest view: Gold prices fell in recent intraday trading due to a negative signal from the Relative Strength Index (RSI) after reaching overbought territory. Currently, gold prices have returned to the short-term upward correction trendline, attempting to gain positive momentum for a rebound and resumption of the upward trend. This forecast is based on the following factors: prices have continued to trade above the 50-day moving average, forming dynamic support, which increases the likelihood of a short-term rebound. However, prices must hold the nearby support level.

According to the Financial Times, the UK is considering testing artificial intelligence models used by banks.

April 7th - During the six-day Spring Festival and Qingming Festival holiday in 2026, the number of civil aviation passenger flights reached 88,700, averaging 12,675 flights per day, representing a 1.4% increase compared to 2025 and a 5.3% increase compared to 2019. Looking at different time periods, the first three days of Qingming saw a 1.9% year-on-year increase and a 6.7% increase compared to 2019; the entire Qingming period saw a 0.9% year-on-year increase and a 3.9% increase compared to 2019, with the Qingming holiday growth rate lower than that of the Spring Festival holiday. During the 2026 Spring Festival and Qingming Festival holiday, civil aviation passenger traffic reached 12.09 million (including only domestic airlines), a 5.3% year-on-year increase. Daily trends show that travel volume in the first three days was significantly higher than the same period in previous years, with a 13.7% increase on the first day. Travel on Qingming Day itself saw a slight year-on-year decrease, but combined with the Spring Festival holiday effect, overall holiday travel was better than the same period last year.

According to Al Jazeera, traffic on the King Fahd Bridge, a key bridge connecting Saudi Arabia and Bahrain, has been suspended due to the threat of airstrikes from Iran.

April 7th - According to Leapmotor, in March, Leapmotor ranked first in sales in the Italian pure electric vehicle market, with 5,513 vehicles registered in a single month, a year-on-year increase of 2,827%. The cumulative number of vehicles registered in the first quarter of 2026 reached 11,637.

April 7th - Australian petrol prices have fallen from record levels as government measures have helped mitigate the impact of the Middle East conflict. Data from the Petroleum Institute of Australia shows that the national average petrol price fell by more than 5% to AU$2.40 per liter in the week to Sunday, the first decline since the first week of February. Government measures to ensure supply and lower prices include temporary tax cuts and the release of fuel from the national reserves. Electric vehicle sales surged to a record market share in March, accounting for nearly 15% of total new car sales last month.

April 7th - According to a notice from the Shenzhen Semiconductor Industry Association, the 2026 China (Shenzhen) Integrated Circuit Summit (ICS Summit) will be held on June 26th. The summit will include one main forum, and three parallel sub-forums: the Artificial Intelligence and Chip Design Innovation Forum, the Advanced Packaging and Manufacturing Forum, and the Domestic EDA and RISC-V Ecosystem Forum.

April 7th - According to China Railway Shanghai Bureau Group Co., Ltd., during the recent Qingming Festival holiday (April 4th to 6th), the Yangtze River Delta railway system transported approximately 12.428 million passengers, averaging 4.143 million passengers per day. This represents an increase of approximately 1.252 million passengers compared to the same period last year, exceeding 11%. Notably, April 4th saw a record high of 4.66 million passengers transported in a single day.

On April 7th, Michael Wan, senior foreign exchange analyst at MUFG Bank, stated in a research report that shipping volumes through the Strait of Hormuz may be improving. Tankers currently appear to be testing an alternative route that runs close to southern Oman to exit the strait. Furthermore, the analyst stated, "Iran announced last weekend that it would allow Iraq to ship oil through the strait." He added that this could mean an additional 3 million barrels of oil per day entering the market, but "many unknowns" remain regarding how Iran defines "Iraqi oil."

On April 7th, Jike Auto announced that the Jike 8X will officially launch at a press conference in Ningbo, China on April 17th at 19:00. At the event, the official price of the Jike 8X will be announced, and pre-sale benefits will end before the price announcement that evening. The Jike 8X will be available in select models and will be delivered immediately upon launch.

LG Electronics expects its operating profit for the first quarter to be 1.674 trillion won, up from 1.259 trillion won in the same period last year.

LG Electronics reported first-quarter revenue of 23.733 trillion won, up from 22.740 trillion won in the same period last year.

The TOPIX index erased its morning gains.

April 7th - Australian household spending rose in February, indicating resilient demand ahead of the US-Israel attack on Iran, which triggered a surge in oil prices and renewed concerns about the cost of living. Data released by the Australian Bureau of Statistics on Tuesday showed that consumption rose 0.3% month-on-month in February, exceeding economists' forecasts of a 0.2% increase. Year-on-year spending rose 4.6%, in line with expectations. Tom Lay, head of business statistics at the Australian Bureau of Statistics, said the increase in discretionary spending was "driven by increased spending on entertainment and cultural activities such as concerts and musicals, as well as air travel and accommodation services." He added that household spending on necessities also increased, with food spending rising 1%.

April 7 - On April 6 local time, the U.S. Central Command stated that since launching military operations against Iran on February 28, the U.S. military has struck more than 13,000 targets in Iran, and 155 Iranian naval vessels have been damaged or destroyed.