Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

2026-07-15 Wednesday

2026-07-19

15:12:19

China Futures Exchange Daily Warehouse Receipts Changes - Copper (tons) - July 15

Previous : -2461 Forecast : -

Published Value -753

Previous

15:12:18

China Futures Exchange Daily Warehouse Receipts Changes - Crude Oil (barrels) - July 15

Previous : 0 Forecast : -

Published Value 0

Previous

15:12:16

China Futures Exchange Daily Warehouse Receipts Changes - Fuel Oil (tons) - July 15

Previous : 0 Forecast : -

Published Value 0

Previous

15:12:15

Shanghai Futures Exchange Daily Warehouse Receipts Changes - Silver (kg) - July 15

Previous : 95410 Forecast : -

Published Value -3491

Previous

15:12:13

China Futures Exchange Daily Warehouse Receipts Changes - Gold (kg) - July 15

Previous : 0 Forecast : -

Published Value 0

Previous

15:06:14

China's social financing scale in June - Year-to-date (100 million yuan)

Previous : 174800 Forecast : 212000

Published Value 208400

Previous

15:06:12

China's new RMB loans in June - Year-to-date (100 million yuan)

Previous : 91100 Forecast : 20000

Published Value 107200

Previous

15:04:20

China's June RMB loan balance annual rate

Previous : 5.50 Forecast : 5.40

Published Value 5.30

Previous

15:04:19

China's June M0 money supply annual rate

Previous : 11.90 Forecast : -

Published Value 11.80

Previous

15:04:16

China's M1 money supply annual rate in June

Previous : 5.50 Forecast : -

Published Value 4

Previous

15:02:26

Spain's June unadjusted CPI reading revised

Previous : 102.95 Forecast : -

Published Value 103.60

Previous

15:02:24

Spain's June core CPI annual rate revised

Previous : 3% Forecast : -

Published Value 2.90%

Previous

15:02:23

Spain's June CPI monthly rate revision

Previous : 0.10% Forecast : 0.30%

Published Value 0.60%

Previous

15:02:21

Spain's June harmonized CPI monthly rate revision

Previous : 0.60% Forecast : 0.60%

Published Value 0.60%

Previous

15:02:20

Spain's June harmonized CPI annual rate revision

Previous : 3.60% Forecast : 3.60%

Published Value 3.60%

Previous

15:02:19

Spain's June CPI annual rate revised

Previous : 3.20% Forecast : 3.20%

Neutral

Published Value 3.20%

Previous

14:46:12

[Short-term focus on inflation data and geopolitical risks; gold remains range-bound between $3950 and $4200] 1. Gold continued its decline this week, falling over 2%. The fragility of the US-Iran ceasefire agreement, stronger oil prices, and a stronger dollar exacerbated inflation concerns, driving the market to price in the Fed's "higher and longer" policy. The 10-year US Treasury yield rose to its highest level since April 2025, increasing the opportunity cost of holding non-interest-bearing gold and making gold prices vulnerable. 2. A weaker-than-expected US CPI report briefly boosted gold, easing expectations of interest rate hikes and lowering yields and the dollar, but the rebound quickly faded after Fed Chairman Warsh reiterated his commitment to restoring price stability. This indicates that policy decisions will not rely on a single inflation figure. The market is closely watching upcoming US PPI, retail sales, and labor market data for further guidance on interest rate expectations. 3. From a technical perspective, gold remains within the $3950-$4200 consolidation range. Immediate resistance is at $4100-$4120, followed by resistance at $4220. A decisive break above $4220 could open the way to $4320-$4350; failure to hold $4000 could trigger a correction to $3950, followed by $3800. 4. If US economic data continues to weaken, the Federal Reserve may shift to a more dovish stance, in which case gold prices could break through $4200 and test $4350. If the escalating US-Iran conflict pushes up oil prices, triggering "stagflation" pricing—that is, rising inflation expectations coupled with increased economic concerns—gold prices could break through the key resistance zone of $4320-$4350 due to safe-haven demand and inflation hedging demand. However, if the Federal Reserve is forced to raise interest rates earlier than expected due to oil price pressures, it could limit the upside potential of gold prices.

13:42:11

[European military rebuilding focuses on drones, NATO, the UK and Germany make intensive deployments, defense technology valuations soar] (1) After years of military rebuilding due to the Russia-Ukraine war, European investment is accelerating towards drones and autonomous systems, which are seen as the core of future security. NATO announced a new drone initiative and plans to invest more than $40 billion in counter-drone capabilities over five years; the UK allocated £5 billion for "drone transformation"; Germany purchased 50,000 drones to aid Ukraine; defense technology company Helsing was valued at $18 billion. (2) Practical experience shows that AI-enabled low-cost drones have significant value in intelligence, strike and autonomous operations, and the Ukrainian battlefield has proven that software (such as anti-jamming systems and collaborative swarm technology) is increasingly determining the battlefield situation. Related technologies have attracted the interest of armed forces in many countries such as Germany, Norway, the UK, and France. (3) The demand for drones has spilled over to fields such as secure communications, battlefield software, AI, satellite intelligence and electronic warfare. Europe’s core defense spending has doubled since 2019, and defense technology financing has jumped from about 200 million euros in 2021 to 2.6 billion euros in 2025, indicating that the outcome of future wars will depend on software and autonomous capabilities, rather than just traditional hardware.

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%)