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2026-07-18 Saturday

2026-07-19

20:08:12

[KPMG Report: World Model Competition Shifts to Full-Stack Capabilities, Data and Simulation Become Core Competitive Advantages] ⑴ A report released by KPMG at the 2026 World Artificial Intelligence Conference points out that although there is no unified definition of a world model, the industry has reached a consensus on its capability boundaries, namely, it should be able to learn environmental laws, predict future states, implement the impact of actions, and provide services for intelligent agent planning and decision-making. ⑵ The report emphasizes that competition in world models will no longer be limited to parameter scale and generation effects, but will expand to the full-stack dimensions such as data pipelines, simulation environments, evaluation frameworks, training tools, and interface standards. ⑶ From the perspective of industry evolution, the ceiling of model capabilities will depend more on the efficiency of acquiring high-quality multimodal data, the degree to which the simulation environment reproduces physical laws, and whether the evaluation system can effectively measure the model's depth of understanding of complex dynamic scenarios. ⑷ The implication of this judgment for the embodied intelligence industry is that future competitive barriers may shift from single algorithm advantages to the ability to build a closed-loop ecosystem of "data-simulation-evaluation-training." Developers need to simultaneously deploy toolchains and standardized interfaces to reduce the migration costs of cross-platform deployment.

19:38:13

[Shanghai Releases First AI-Based Evaluation Benchmark for Complex Cases] On July 18th, the Medical Sub-Forum of the 2026 World Artificial Intelligence Conference was held in Xuhui West Bund, Shanghai. At the forum, Shanghai released the industry's first AI-based evaluation benchmark for complex cases, covering 30 clinical specialties, specifically designed to test the real-world capabilities of large-scale medical models in handling complex cases. Simultaneously, the existing medical AI evaluation system was updated to version 5.0, adding an "atomic skill" evaluation method to correct false information generated by AI models. Regarding infrastructure, the Shanghai Municipal Health and Wellness Industry Computing Power Service Center was officially unveiled, connecting the entire chain from computing power supply and data synthesis to model training and intelligent applications. It is projected that by the end of 2026, the Shanghai medical and health corpus will exceed 2PB, and the data preparation cycle will be shortened by over 60%. The forum also released the "2026 Artificial Intelligence + Health and Wellness Shanghai Practice" case collection, summarizing the application experience of AI in seven major scenarios, including clinical decision support, patient care, intelligent TCM, primary public health, and hospital management. Shanghai has been approved as a national pilot base for the application of artificial intelligence in the medical field, covering all seven major medical application scenarios. (CCTV News)

14:54:15

[National Data Administration: 120,000 High-Quality Datasets Built Nationwide] Reporters learned today from the National Data Administration that my country has continued to increase the supply of high-quality data, having built 120,000 high-quality datasets. As of the end of June this year, the total volume of high-quality datasets built nationwide in fields such as scientific research, industrial manufacturing, medical and health care, and education exceeded 1,565 petabytes (PB), an increase of over 60% compared to the end of the first quarter. This current volume is equivalent to approximately 547 times the total digital resources of the National Library of China, providing strong support for the development of artificial intelligence. At the same time, my country's data annotation industry is developing rapidly, effectively supporting the construction of high-quality datasets. As of the end of June this year, the seven pilot cities for data annotation—Chengdu (Sichuan), Shenyang (Liaoning), Hefei (Anhui), Changsha (Hunan), Haikou (Hainan), Baoding (Hebei), and Datong (Shanxi)—have an annotation scale exceeding 119 petabytes (PB), with 140,000 data annotation professionals. Next, the National Data Administration will further deepen the construction of a high-quality data supply system serving artificial intelligence, using model applications to drive data supply and data to drive model iteration, promoting a value loop for the paid use of datasets. (CCTV News)

11:12:16

China's diesel exports in June - Energy (10,000 tons)

Previous : 35 Forecast : -

Published Value 43

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11:12:15

China's June Pipeline Natural Gas Imports - Energy (10,000 tons)

Previous : 525 Forecast : -

Published Value 525

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11:12:13

China's liquefied natural gas imports in June - Energy (10,000 tons)

Previous : 486 Forecast : -

Published Value 568

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10:32:13

[Merz: Germany to Send Conventional Troops to French Nuclear Exercise for the First Time] German Chancellor Merz said on the 17th in North Rhine-Westphalia that Germany will send conventional troops to participate in French armed forces' nuclear exercise for the first time this year. The Franco-German Council of Ministers and the Franco-German Council of Defense and Security held meetings in North Rhine-Westphalia, Germany, from the 16th to the 17th. Merz and French President Macron, in a joint press conference after the meeting, stated that the two countries will further strengthen defense cooperation. Merz stated that Germany and France are forging a new common path in the field of nuclear deterrence. Furthermore, at the initiative of France, the European Volunteer Union for Ukraine will hold military exercises this autumn, in which Germany will participate, and the two sides will jointly agree on the specific methods of participation. Regarding defense industry cooperation, Merz stated that the fighter jet project under the "Future Combat Air System" framework, which was previously jointly promoted by Germany and France, failed due to industrial differences, but the two sides will continue to promote the development of key technologies such as "combat cloud" under this framework, and strengthen cooperation in areas such as integrated air defense systems and long-range weapons. Macron emphasized the importance of the consensus reached between France and Germany, while stating that France's nuclear deterrent force will continue to be fully funded by France. (Xinhua)

09:08:13

[CBOT Grain Positions Reverse Sharply, Speculative Funds Focus on Reducing Wheat and Corn Shorts] ⑴ CFTC data shows that in the week ending July 14, non-commercial net short positions in wheat on the Chicago Board of Trade decreased significantly by approximately 30,752 contracts to 38,851 contracts, and net short positions in corn decreased by approximately 29,494 contracts to 37,916 contracts, with both commodities experiencing large-scale short covering. ⑵ In the soybean market, non-commercial net long positions increased by approximately 14,003 contracts to 23,687 contracts, continuing the previous bullish bias, indicating that speculative funds' bullish sentiment towards oilseeds remains relatively stable. ⑶ By managed fund, net long positions in corn managed funds increased by approximately 30,733 contracts to 43,391 contracts, directly reversing from short to long; net short positions in wheat managed funds decreased by approximately 25,527 contracts, significantly easing short-selling pressure; and net long positions in soybean oil managed funds increased significantly by approximately 23,800 contracts to over 113,000 contracts, becoming the commodity with the most significant changes in positions among grains and oilseeds. (4) From a trading perspective, the escalation of the US-Iran conflict has led to rising energy prices, indirectly boosting valuation expectations for biofuel feedstocks. This, coupled with disruptions to Black Sea grain exports and North American weather concerns, has prompted a concentrated liquidation of previously accumulated short positions. If new marginal changes occur in the geopolitical situation or crop weather conditions, the current short-covering rally could evolve further.

09:08:12

[CFTC Positions: WTI Crude Oil Net Long Positions Increase Slightly, Geopolitical Risk Premium Attracts Speculative Funds] ⑴ Data from the U.S. Commodity Futures Trading Commission shows that in the week ending July 14, speculative funds increased their combined net long positions in WTI crude oil futures and options in New York and London by approximately 4,400 contracts to 70,059 contracts, marking the second consecutive week of increases. ⑵ Looking at individual contracts, managed funds' net long positions in WTI crude oil on the New York Mercantile Exchange increased by approximately 11,700 contracts, while net long positions in ICE WTI contracts decreased by approximately 7,300 contracts, indicating some rebalancing in both markets. ⑶ From a trading psychology perspective, the escalating U.S.-Iran conflict pushed Brent crude oil prices up by more than 10% during the week. Speculative funds chose to moderately increase their long exposure against the backdrop of heightened supply risks, but the increase was relatively restrained, indicating a cautious assessment of the sustainability of the geopolitical premium. (4) During the same period, net long positions in RBOB gasoline decreased slightly by about 2,600 contracts, while net long positions in heating oil increased by about 6,100 contracts. This divergence in refined oil product positions suggests a disagreement in market expectations regarding refining margins and end-user demand prospects. If the geopolitical situation deteriorates further, short covering could drive net long positions to continue expanding.

08:54:12

[Crude Oil Freight Rates Fluctuate at High Levels, Geopolitical Premiums Continue to Support the VLCC Market] ⑴ Data from the Shanghai Shipping Exchange shows that freight rates in China's imported VLCC shipping market fluctuated at high levels this week. The CTFI composite index was 4360.85 points, a slight increase of about 0.7% compared to the previous period, but still at a relatively high level in recent years. ⑵ The US-Iran conflict continues to escalate, with the US launching a new round of airstrikes on military facilities in Iran, while Tehran retaliated against targets in the Persian Gulf region. The number of ships passing through the Strait of Hormuz has plummeted, and the two major energy choke points face the risk of simultaneous paralysis, with geopolitical premiums continuing to inject into the oil shipping market. ⑶ On the fundamental side, US commercial crude oil inventories decreased by about 1.69 million barrels to 410 million barrels last week, while exports increased by nearly 460,000 barrels per day. The four-week average supply of crude oil products increased slightly by about 0.3% year-on-year, with both supply and demand supporting freight rates. (4) From a market psychology perspective, there are no signs of the situation in the Middle East easing up, and shipowners are highly risk-averse on the Persian Gulf route. If a new blockade occurs in the Bab el-Mandeb Strait, it will force more ships to detour around the Cape of Good Hope, further lengthening the effective shipping distance and pushing up VLCC charter rates.

07:28:22

US NYMEX Palladium Inventory Change - Daily (100 ounces) - July 16

Previous : 0 Forecast : -

Published Value 0

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07:28:21

US NYMEX Platinum Inventory Change - Daily (100 ounces) - July 16

Previous : 0 Forecast : -

Published Value 0

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07:28:19

US NYMEX Palladium Inventories - Daily Update (100 ounces) - July 16

Previous : 2336 Forecast : -

Published Value 2336

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07:28:18

US NYMEX Platinum Inventory - Daily Update (100 ounces) - July 16

Previous : 3943.70 Forecast : -

Published Value 3943.70

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07:28:17

US COMEX Silver Inventory Change - Daily (100 ounces) - July 16

Previous : -3198.01 Forecast : -

Published Value 0

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07:28:15

US COMEX Silver Inventories - Daily Update (100 ounces) - July 16

Previous : 3285274.53 Forecast : -

Published Value 3285274.53

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07:28:13

US COMEX Gold Inventory Change - Daily (100 ounces) - July 16

Previous : 0 Forecast : -

Published Value 0

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07:28:12

US COMEX Gold Inventories - Daily Update (100 ounces) - July 16

Previous : 271189.02 Forecast : -

Published Value 271189.02

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07:26:19

US iShares Silver Holdings Changes - Daily (tons) - July 17

Previous : 36.55 Forecast : -

Published Value 67.49

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07:26:18

US iShares Silver Holdings - Daily Update (tons) - July 17

Previous : 14993.83 Forecast : -

Published Value 15061.32

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07:26:16

US iShares Gold Holdings Changes - Daily (tons) - July 17

Previous : 0 Forecast : -

Published Value -0.38

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07:26:15

US iShares Gold Holdings - Daily Update (tons) as of July 17

Previous : 461.74 Forecast : -

Published Value 461.36

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07:26:14

US SPDR Gold Holdings Changes - Daily (tons) - July 17

Previous : 0 Forecast : -

Published Value -2.86

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07:26:12

US SPDR Gold Holdings - Daily Update (tons) - July 17

Previous : 1001.88 Forecast : -

Published Value 999.02

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Real-Time Popular Commodities

Instrument Current Price Change

XAU

4016.36

40.10

(1.01%)

XAG

55.884

0.395

(0.71%)

CONC

81.77

3.49

(4.46%)

OILC

88.08

3.22

(3.80%)

USD

100.759

0.039

(0.04%)

EURUSD

1.1438

-0.0004

(-0.03%)

GBPUSD

1.3455

-0.0022

(-0.17%)

USDCNH

6.7769

0.0044

(0.06%)