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2026-09-20 Sunday

2026-09-22

09:26:35

China's five-year loan prime rate (LPR) in September

Previous : 3.50 Forecast : 3.50

Published Value 3.50

Previous

09:26:34

China's one-year loan prime rate (LPR) in September

Previous : 3 Forecast : 3

Published Value 3

Previous

08:41:37

[Greenlanders React with Mixed Reactions to Potential Deal with the US: Expectations, Confusion, and Anxiety] (1) According to The New York Times, Greenlanders have mixed reactions to the news of a potential deal with the US. (2) On Saturday, the office of Danish Prime Minister Mette Frederiksen announced that the US, Denmark, and Greenland plan to sign a treaty next week to strengthen security in the Arctic and North Atlantic. (3) The report said that when news of the agreement spread throughout Greenland on Saturday, some islanders felt relieved, but confusion, unease, and an urgent question were also evident: what exactly is the agreement? (4) Some Greenlanders are hopeful that the agreement will benefit all parties; Naj Nathanielsen, a Danish member of parliament from Greenland, said: “If the agreement is eventually reached, it will create all the necessary conditions for a more normal relationship.” (5) Meanwhile, some islanders expressed concern that the United States would have excessive control over Greenland; a teacher in Nassack, a town in southern Greenland, said in an interview: “My first reaction was worry and doubt... It feels as if Trump is gaining a monopoly over Greenland.” (6) Trump had previously announced an indefinite agreement with Denmark to control the “security” of Greenland; under the agreement, the United States would gain security control of the island free of charge, and the Pentagon would immediately begin a large-scale deployment of troops on the island.

08:17:38

[“Electronic Industry Rice” Prices Surge Tenfold, Market Fluctuates Dramatically] MLCCs (Multilayer Ceramic Capacitors) are known in the industry as the “rice of the electronic industry.” From small mobile phones and home appliances to large AI servers and new energy vehicles, almost all electronic devices rely on them. Recently, the component market has experienced extreme market divergence: AI-driven shortages and soaring prices of high-capacity models have led to some spot prices skyrocketing several times over; ordinary consumer-grade products have seen a surge followed by a decline. Behind this contrasting trend is the upheaval caused by the AI computing power wave. The market began to develop at the end of May. News of the explosive demand for AI computing power spread to the component market, with major overseas manufacturers shifting a large portion of their consumer-grade production capacity to high-end AI products. Market concerns about tightening supplies of conventional materials led to distributors stockpiling. Entering June, the spot market entered a state of frenzy, with prices changing daily or even hourly. Some popular models saw price increases of 7-8 times in just one month, with spot prices reaching 2-10 times their original price. By early July, spot prices had peaked and then quickly reversed course. Distributors who had stockpiled large quantities of goods earlier were releasing them, but weak demand from downstream consumer electronics end-users meant there was a lack of sufficient buyers, leading to a significant price correction for consumer-grade MLCCs. Merchant Chen Zhixiao cited the most common part number 0603-104 as an example: "This is the most commonly used part number among all capacitors. In the second quarter, 1,000 pieces cost around 5 yuan; at its peak at the end of June, it could sell for 30 yuan, but now it has fallen back to 10 yuan." (CCTV Finance)

08:17:18

[Trump Announces the Formation of an "AI Force" and Appoints an "AI Tsar," Calling AI Security Concerns a "Hoax"] (1) Trump announced on Saturday plans to create an "AI Force" and appoint an "AI Tsar" to oversee the development of emerging technologies. In a lengthy article on Truth Social, he called concerns about the lack of AI safeguards at the federal level a "hoax" and said he would not allow the technology to be "destroyed" because American industry leaders are competing with other countries. (2) Trump said he would not hinder or stifle the growth of the industry in any way, but would cherish, help, and oversee its growth. He also said that he would easily find "bad guys" by leveraging the existing criminal and civil justice systems. (3) He compared the proposed "AI Force" to the Space Force he established during his first term, but did not explain how the agency would operate or what responsibilities it would assume. Regarding the new "AI Tsar" position, he said "only highly intelligent people can apply," but did not elaborate on the arrangements for the position. (4) Trump previously created an AI currency Tsar, with venture capitalist David Sacks serving as a special government employee. He stepped down earlier this year. (5) At the time of the announcement, AI researchers, tech CEOs, and global leaders warned of the need for safeguards as the industry develops increasingly powerful AI systems; for example, Anthropic CEO Dario Amodei called for a global slowdown, a call echoed by OpenAI CEO Sam Altman and Elon Musk (SpaceX, SpaceXAI, and Tesla). (6) Trump has resisted new federal restrictions, arguing that slowing the industry could threaten the U.S.’s global position in the AI race; his administration has emphasized accelerating the development of emerging technologies while addressing potential problems with guidelines. He reiterated on Saturday: “We will not in any way hinder or stifle the growth of this incredible industry. Instead, we will cherish it, help it, and oversee it as it grows!”

08:14:00

[Trump's Super PAC Invests Another $5 Million in Texas: MAGA Inc. Spends Another $5 Million, Advertising War Heats Up] (1) According to the latest Federal Election Commission (FEC) filing released Saturday, President Trump's super political action committee, MAGA Inc., has added another $5 million to its Texas Senate campaign, earmarked for political media company Del Ray Media LLC to run television and digital ads targeting Democratic candidate and state assemblyman James Tallariko. (2) This is the super political action committee's latest investment in the expensive advertising war between Republican Attorney General Ken Paxton and Tallariko, who are vying for the Senate seat of Republican Senator John Cornyn; earlier this month, FEC filings showed that the agency had provided Del Ray Media with $10 million to fund two attack ads targeting Tallariko. (3) According to FEC documents, Paxton's campaign also received nearly $54 million from the Texas branch of the Senate Leadership Fund (SLF), which is allied with Republicans; however, as of the end of June, Paxton was significantly behind Talarico in fundraising—Talarico's campaign reported about $21.5 million in cash on hand, while Paxton had only about $1.76 million available. (4) With less than seven weeks until the November election, the two candidates are neck and neck in the polls: a The Hill/Emerson College poll released Thursday showed Talarico leading by one percentage point; the nonpartisan election forecasting organization Cook Political Report rated the race "unpredictable." (5) As Republicans seek to maintain control of both houses of Congress this fall, pressure has been put on the president to use his massive campaign funds for the midterm elections; Trump has pledged to spend $400 million to $500 million in the midterm elections, with the remainder of super PAC funds reserved for the 2028 presidential election cycle. (6) The president said MAGA Inc. had “nearly $1 billion” in cash on hand, but the super PAC reported $403.45 million in a filing with the FEC at the end of July.

08:12:01

[Germany and Spain clash over EU's 2028-2034 long-term budget, with budget size and debt repayment becoming the focus] (1) According to a report by the Spanish newspaper El Español on the 18th, Germany and Spain clashed publicly over the EU's 2028-2034 long-term budget. The two sides had significant differences on issues such as the budget size and debt repayment arrangements after the pandemic, adding further uncertainty to the next round of EU budget negotiations. (2) German Chancellor Merz, along with the leaders of Denmark, the Netherlands, Austria, and Finland, published an article on Politico, demanding that the European Commission's proposed budget of approximately 2 trillion euros be reduced by "hundreds of billions of euros," arguing that new spending should not be continuously increased and taxpayers should foot the bill. (3) The European Commission's proposed budget for 2028-2034 is approximately 2 trillion euros, equivalent to 1.26% of the EU's gross national income, a nominal increase of about 60% compared to the 2021-2027 budget. The leaders of the five countries believe that this increase is "unrealistic." (4) The five countries advocate that while reducing the overall size, more funds should be used for areas such as competitiveness, defense, security, and combating illegal immigration. (5) Spain advocates for expanding the next round of budget. Spanish Minister of Economy, Trade and Enterprise, Quilpo, published an article on Politico proposing to increase the budget to the equivalent of 2% of the EU's gross national income to address economic and other needs. (6) The source of budget funding has become a point of contention. Quilpo proposed adjusting the repayment arrangements for the post-pandemic "recovery fund" debt, extending the repayment period for some debts, which would release approximately 70 billion euros. (7) The German business daily Handelsblatt reported that Germany, Denmark, Austria, and three other countries explicitly opposed postponing post-pandemic debt repayments and also opposed resolving budget funding issues through joint borrowing. Merz and others stated that the joint debt incurred during the pandemic has already placed a burden of nearly 170 billion euros on the next multi-year fiscal framework, so postponing the repayment of some debts cannot fundamentally solve the budget financing problem. (8) However, Politico reported that the European Commission and an increasing number of member states, including Italy, France, Portugal, and Poland, are beginning to support Spain's idea. Since the EU's multi-year fiscal framework requires the unanimous consent of all 27 member states, the differences between net contributors like Germany and countries like Spain that want to expand the budget will become one of the important factors affecting subsequent negotiations.

2026-09-19 Saturday

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4363.68

20.16

(0.46%)

XAG

66.388

0.384

(0.58%)

CONC

92.09

-0.28

(-0.30%)

OILC

100.03

-3.16

(-3.07%)

USD

100.410

0.000

(0.00%)

EURUSD

1.1464

0.0002

(0.01%)

GBPUSD

1.3370

0.0005

(0.03%)

USDCNH

6.6927

0.0002

(0.00%)