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The central parity rate of the yuan against the US dollar was raised by 47 basis points to 6.7989, reaching its highest level since February 10, 2023.

2026-07-10

The central parity rate of the yuan against the US dollar was raised by 47 basis points to 6.7989, reaching its highest level since February 10, 2023.

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2026-07-10

Shanghai silver main contract jumped 4.00% intraday to 14,805.00 yuan/kg.

Shanghai silver main contract jumped 4.00% intraday to 14,805.00 yuan/kg.
2026-07-09

The European Commission will propose a 2040 electrification target on July 17 and seek to enshrine it in law in Q4, according to a draft seen by media. The goal will be expressed as the share of electricity in final energy consumption; the specific t

The European Commission will propose a 2040 electrification target on July 17 and seek to enshrine it in law in Q4, according to a draft seen by media. The goal will be expressed as the share of electricity in final energy consumption; the specific target level is not yet decided. The plan aims to expand domestic clean power, reduce fossil-fuel import dependence and help achieve a 90% cut in emissions by 2040 versus 1990. The draft says accelerated electrification could replace two-thirds of European gas demand, halve oil consumption and save about €200bn in fossil-fuel import costs by the late 2030s, reflecting politics pressure after the Russia-Ukraine war and recent Middle East disruptions.
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