EUR/USD
1.15284
0.034%
Gold
4425.20
0.380%
Oil
81.446
-0.265%
USD/JPY
159.355
-0.038%
GBP/USD
1.34979
0.027%
GBP/JPY
215.101
-0.003%
Real-time News
Futures News, August 13th - According to foreign media reports, Chicago Board of Trade (CBOT) soft red winter wheat futures closed sharply higher on Wednesday, with the benchmark contract rising 3.6%, mainly reflecting the ongoing conflict between Russia and Ukraine, which has disrupted grain exports from the region. Ukrainian President Zelensky stated that this "unique operation" targets the last major stronghold of the Russian Black Sea Fleet. The ongoing conflict between the two countries continues to restrict agricultural exports from the region and has also caused some commodity prices to fluctuate wildly during the conflict.On August 13th, a research report from CICC stated that the seasonally adjusted CPI in the US rose 0.1% month-on-month and 3.4% year-on-year in July, while core inflation rose 0.2% month-on-month and 2.5% year-on-year, both in line with market expectations. Energy prices continued to decline, but international oil prices have rebounded since August, increasing uncertainty about future energy prices. Regarding core inflation, commodities were relatively strong while services were relatively weak, especially with the continued rise in prices of information technology products such as computers and software, reflecting that the supply-demand mismatch caused by the expansion of AI capital expenditure is gradually being transmitted to the consumer side. We believe that US inflation may have entered a new phase, with its driving force gradually shifting from supply shocks such as tariffs and oil prices to demand expansion driven by AI investment, and the duration of inflation may be correspondingly prolonged. For the Federal Reserve, this data alleviates the pressure for short-term interest rate hikes, but demand-pull inflation requires more attention from policymakers than supply-push inflation.On August 13th, according to a report by US tech media WIRED citing sources familiar with the matter, the Trump administrations new artificial intelligence guidelines will be revised, expanding the regulation of AI models. The White House announced this month that it has developed an AI framework under which cutting-edge AI models developed by US labs will undergo federal safety testing before public release. The government has not yet released the framework, and there are reportedly no plans to do so. Currently, this AI framework only covers so-called "closed-source models" developed by companies such as Anthropic and OpenAI. However, a White House official revealed that the framework is expected to cover open-source models in the coming months. In short, once open-source models reach the same "cutting-edge" capability level as Anthropics Mythos-level model and OpenAIs GPT-5.6, they will be incorporated into the framework and undergo pre-release testing.August 13th - According to the Wall Street Journal, earlier this year, the U.S. military engaged in a joint military exercise in Germany with Ukrainian drone operators. The outcome was unfavorable for the U.S. military. Sources familiar with the matter revealed that in the exercise, titled "Combined Resolve," Ukrainian drone units easily detected and defeated U.S. troops and armored vehicles rotating from Fort Hood, Texas.Iraqi Prime Minister: We will not allow our territory to become a site for attacks against our neighbors.
