EUR/USD
1.15225
-0.007%
Gold
4250.15
0.229%
Oil
77.220
-0.195%
USD/JPY
158.426
-0.009%
GBP/USD
1.34536
0.002%
GBP/JPY
213.146
-0.012%
Real-time News
Artificial Intelligence: 1. Reports indicate ByteDance is discussing training a model with over 5 trillion parameters. 2. DeepSeek plans to raise API service pricing. 3. Nvidia is reportedly considering reducing the memory capacity of its Rubin Ultra chip. 4. Tencent Clouds Agent Memory 2.0.0 major version is launched. 5. ByteDances Liang Rubo: We insist on self-developing large language models and accept short-term lag. 6. OpenAI plans to release a "ring speaker" for next year. 7. Zhang Yiming stated: ByteDance "refuses distillation" and will not use others output to change its ranking. 8. Tesla: TeraFab will be built in Grimes County, Texas; TeraFab aims to produce more than 1 terawatt of computing power annually. Other: 1. SpaceX plans to build its own natural gas power plant and large-scale energy storage facilities for its Texas chip factory. 2. Alphabet plans to raise up to $25 billion through bond issuance. 3. TSMC has sufficient N2 process capacity but DRAM shortages, putting pressure on Apples iPhone 18 inventory. Japans total household spending fell 6.4% month-on-month in June, compared with a forecast of -3.1% and a previous reading of 3.7%.Japans total household spending fell 3.3% year-on-year in June, compared with a forecast of 1.00% and a previous reading of -0.40%.Asian stocks are expected to open slightly lower on Friday as renewed geopolitical tensions dragged down both U.S. stocks and bonds. Oil prices jumped, reigniting inflation concerns ahead of a key U.S. jobs report. Market focus now shifts to Fridays U.S. jobs report for new clues about the Federal Reserves policy path. Stronger-than-expected jobs data could reinforce the case for persistently high interest rates, while any escalation of tensions in the Middle East could push up energy prices and exacerbate market volatility. UBS analyst Ulrike Hoffmann said, "Short-term risks remain, especially if U.S. data remains strong, oil prices continue to fuel inflation concerns, or the market continues to price in a more hawkish Fed rate path." José Torres, senior economist at Interactive Brokers, said, "Wall Street has once again reversed its recent sharp rise as the lack of clarity surrounding the Strait of Hormuz has led investors to question the validity of the strong rally earlier this week."On August 7th, it was reported that the Venezuelan and Chilean foreign ministries issued separate statements on August 6th, announcing the exchange of diplomatic notes and the formal restoration of consular relations. They also decided to establish consulates general in each others capitals. Furthermore, both sides agreed to proceed gradually towards the full normalization of bilateral relations.
