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

2026-05-22 Friday

2026-05-30

23:03:47

[Domestic Transformers See Global Order Boom: Chinese Manufacturing Shifts from Scale Dividends to Capability Premiums] Recently, domestically produced transformers have been selling extremely well overseas, with prices rising and overseas orders continuing to pour in. At the end of April, a transformer company in Jiangxi was busy shipping orders. This company started operating two shifts on the third day of the Lunar New Year, with a peak daily shipment volume of nearly 80 million yuan. The company's revenue has increased nearly fivefold in four years. Orders for overseas projects this year are expected to exceed 1 billion yuan. Customs data shows that my country's annual transformer exports increased from 23.7 billion yuan in 2021 to 64.6 billion yuan in 2025, with an average annual compound growth rate exceeding 28%; high-voltage, large-capacity products have become the main export focus. The surge in transformer orders has also kept upstream electromagnetic wire companies extremely busy. A factory in Hunan has a planned monthly production capacity of 4,000 tons, with orders exceeding 6,000 tons, and multiple customers stationed at the factory to expedite delivery. Faced with uncertain copper prices, companies are using financial instruments to hedge risks while simultaneously developing aluminum electromagnetic wire. This surge in orders is not a simple repetition of low-price, high-volume sales. High-voltage, low-loss, intelligent, and customized products are becoming the main export drivers, and "Made in China" is shifting from "scale dividends" to "capability premiums." (CCTV Finance)

22:26:41

[Cuban President Rejects US Accusations, Emphasizes Cuba's Right to Legitimate Self-Defense] On the 22nd local time, Cuban President Miguel Díaz-Canel stated that the claim that "Cuba poses a threat to the United States" exists only in the "misconceptions" of some officials in the current US administration. He stated that these individuals "control policy towards Cuba," using blatant lies to create public opinion in the US and international community, seeking a pretext for launching a war that could result in massive casualties. Díaz-Canel stated that since the victory of the revolution, Cuba has always been committed to peaceful coexistence. However, it is precisely successive US administrations that have repeatedly threatened and violated this right. Now, the US has pushed the threats to the extreme, not only combining absurd lies with military intimidation but also depriving the Cuban people of the most basic resources and services upon which they depend for survival. Díaz-Canel said that the US has long sheltered "terrorists" engaged in anti-Cuba activities and, without providing any evidence, designated Cuba as a "state sponsor of terrorism," a practice widely opposed by the international community. Díaz-Canel emphasized that Cuba neither threatens, challenges, nor provokes the United States or any other country in the world; Cuba is a peace-loving nation. He stated that Cuba enjoys the legitimate right to self-defense under international law. He also expressed Cuba's continued hope to resolve differences through rationality, dialogue, and peace. (CCTV News)

22:02:13

The leading indicators of the US Conference Board in March

Previous : 97.30 Forecast : -

Published Value 97.40

Previous

22:01:59

The monthly rate of the Consultative Conference synchronous indicator for March in the United States

Previous : 0.30% Forecast : -

Published Value 0.30%

Previous

22:01:52

The monthly rate of the lagging indicator of the Conference Board in the United States for March

Previous : 0.30% Forecast : -

Published Value 0.40%

Previous

22:00:19

The monthly rate of the leading indicators of the Conference Board in the United States for March

Previous : -0.60% Forecast : -0.20%

美元
金银 石油

Published Value 0.10%

Previous

22:00:05

The final reading of the University of Michigan's five-year inflation rate forecast for May in the United States

Previous : 3.40% Forecast : 3.40%

Published Value 3.90%

Previous

22:00:05

The final reading of consumer expectations for the University of Michigan in the United States in May

Previous : 48.50 Forecast : 48.40

金银 石油
美元

Published Value 44.10

Previous

22:00:04

The final reading of the economic situation of the University of Michigan in the United States for May

Previous : 47.80 Forecast : 47.90

金银 石油
美元

Published Value 45.80

Previous

22:00:04

The final reading of the University of Michigan's Consumer Sentiment Index for May in the United States

Previous : 48.20 Forecast : 48.20

金银 石油
美元

Published Value 44.80

Previous

22:00:04

The final reading of the University of Michigan's one-year inflation rate forecast for May in the United States

Previous : 4.50% Forecast : -

Published Value 4.80%

Previous

21:59:29

[World Bank Accelerates Catastrophe Bond Issuance, Bringing New Momentum to Sovereign Markets] ⑴ The World Bank issued $200 million in four-year sovereign catastrophe bonds for Jamaica, a country vulnerable to hurricanes. This is its largest and longest-term transaction of its kind to date, injecting new momentum into the sovereign catastrophe bond market. Previously, the Asian Development Bank issued $160 million in "disaster relief" bonds for Central Asian countries, and other major multilateral development banks are also exploring this instrument. ⑵ Michael Bennett, Head of Global Markets Solutions and Structured Finance at the World Bank, said the institution "definitely wants more sovereign catastrophe bond issuances in the market" and is currently working on "several" deals, expecting one or more to be completed this year. He noted that many highly vulnerable countries could benefit from incorporating catastrophe bonds into their strategies. ⑶ Despite the trend of wealthy countries cutting aid budgets, which may reduce contribution support for premium payments to low-income countries, demand for catastrophe bonds from asset management and insurance-linked securities professionals is substantial and appears to be growing. Bennett stated that the World Bank and other multilateral development banks could meet the demand for sovereign catastrophe bonds of $1 billion to $2 billion annually if needed; supply is the greater challenge. (4) Jamaica's issuance used SOFR plus 687 basis points, was listed in Singapore, and for the first time introduced Moody's RMS as its risk modeling institution. Jamaica uses catastrophe bonds as one layer of a multi-tiered protection mechanism that includes reserves, insurance, and standby loan conditions liquidity. Jamaica's Finance Minister stated that establishing disaster risk financing is a key pillar of its resilience-building framework.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4559.26

63.67

(1.42%)

XAG

75.741

0.124

(0.16%)

CONC

87.63

-1.27

(-1.43%)

OILC

91.39

-1.00

(-1.08%)

USD

98.873

-0.136

(-0.14%)

EURUSD

1.1668

0.0018

(0.16%)

GBPUSD

1.3466

0.0022

(0.16%)

USDCNH

6.7647

-0.0043

(-0.06%)