Category: Flash News
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2025-0510
On May 10th, the Federal Reserve’s MUSALEM stated that if the rise in inflation proves to be short-lived, expectations remain stable, and the economy clearly weakens, then interest rate cuts are still possible. The impact of tariffs on inflation may be short-lived, but it can also be more lasting. Interest rate cuts should not be promised until the impact of tariffs on inflation becomes apparent. Economic activity in the United States has slowed down and sentiment has declined.
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On May 10, von der Leyen, the president of the European Commission, said in Brussels on the 9th local time that she would not go to Washington to meet President Trump of the United States until Europe and the United States could conduct specific trade negotiations. When meeting with reporters, von der Leyen said that if she visited the White House, she hoped to have a package agreement for discussion. This plan must be specific, and we hope to have a solution that both Europe and America can agree on.
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On May 10th, as the commercialization of exoskeleton robots gradually advances, the concept sectors related to the industrial chain have attracted investors’ attention. Industry insiders believe that the application fields of exoskeleton robots are constantly expanding, from medical rehabilitation to industrial assistance, to elderly care and outdoor leisure, and the market demand continues to grow. Through technological innovation and large-scale production, the cost of exoskeleton robots is expected to be further reduced, achieving lower unit prices and a broad market space. Investment opportunities in related industry chains are worth paying attention to. (China Securities Journal)
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On May 10th, Pakistan’s Chief of the Inter Services News Agency, Choudhury, confirmed that India launched a missile attack on Nur Khan Air Base in Rawalpindi, a city near the Pakistani capital Islamabad, in the early hours of the same day. At around 2:20 am local time on the 10th, reporters heard loud explosions in Islamabad and Rawalpindi. Xinhua News Agency
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On May 10th, due to the impact of product costs, Nestle USA will increase the prices of some chocolate products. According to a memo, Nestle’s US division will increase the prices of its Toll House chocolate, baked cocoa, and gummy sets starting from June 23rd. Despite the overall easing of food inflation in the United States, prices of chocolate and other categories continue to rise. Cocoa futures hit a historic high at the end of last year due to tight supply, pushing up terminal prices and suppressing consumer purchasing intentions. Last year, cocoa futures in New York soared to a historic high of nearly $13000 per ton due to crop damage in West Africa. Although the current price has fallen 30% from its peak, it is still far above historical levels. Arabica coffee futures also hit a record earlier this year due to Brazil’s drought.
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On May 10th, the Pakistani military announced that India launched six ballistic missiles, all of which fell into Indian territory. It is reported that one of the missiles landed in Adampur, India, and the other five landed in the Amritsar region of India. In addition, the Pakistani military also stated that one drone was shot down in Punjab province. India has not yet responded to this.
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On May 10th, the US Commodity Futures Trading Commission (CFTC) reported that as of the week ending May 6th, the net long position of the Japanese yen was 176859 lots, the net long position of the euro was 75719 lots, and the net long position of the pound was 29235 lots. The net short position of Bitcoin is -1781 lots.
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On May 10th, the US Commodity Futures Trading Commission (CFTC) reported that as of the week ending May 6th, US speculators increased their net short positions on the S&P 500 CME by 6469 lots to 255931 lots, while stock fund managers reduced their net long positions on the S&P 500 CME by 13088 lots to 813162 lots.
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May 10, the U.S. Commodity Futures Trading Commission (CFTC): As of the week of May 6, speculators increased the net short position of CBOT two-year treasury bond futures by 14416 to 1220793, the net short position of five-year treasury bond futures by 3925 to 2296496, the net short position of 10-year treasury bond futures by 81631 to 953168, and the net short position of ultra long treasury bond futures by 13381 to 264775.
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On May 10th, according to the US Commodity Futures Trading Commission (CFTC), as of the week ending May 6th, speculators’ net long position in WTI crude oil decreased by 10094 contracts to 143938 contracts; The net long position of natural gas futures in the NYMEX and ICE markets increased by 12286 lots to 197717 lots.
