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At the 02:30 night-session close, SHFE gold most-active contract rose 1.31% to 902 yuan/gram, SHFE silver most-active contract rose 3.22% to 14,693 yuan/kg, and Shanghai crude (SC) most-active contract fell 3.22% to 465 yuan/barrel.

2026-07-10

At the 02:30 night-session close, SHFE gold most-active contract rose 1.31% to 902 yuan/gram, SHFE silver most-active contract rose 3.22% to 14,693 yuan/kg, and Shanghai crude (SC) most-active contract fell 3.22% to 465 yuan/barrel.

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2026-07-10

The National Energy Administration issued the Energy Sector Energy‑saving and Decarbonization Action Plan (2026–2028), promoting coordinated development of green power and emerging industries. The plan urges joint planning and construction of new‑ene

The National Energy Administration issued the Energy Sector Energy‑saving and Decarbonization Action Plan (2026–2028), promoting coordinated development of green power and emerging industries. The plan urges joint planning and construction of new‑energy bases with compute facilities and supports measures for compute facilities to raise green‑power consumption, explicitly calling for tapping the spatiotemporal adjustability of computing loads to enable coordinated operation with the power system. It mandates uptake of energy‑saving technologies — efficient cooling, high-performance power delivery and advanced waste‑heat recovery — to boost compute facility energy efficiency, and directs construction of self‑consumption renewable bases and basin‑scale hydro‑wind‑solar integration to align power supply with advanced manufacturing and industrial demand.
2026-07-09

BofA economists say markets largely price a 25bp Bank of Korea hike on July 16, but the central bank’s commentary on won weakness may matter more than the rate move itself. Persistent won depreciation is keeping elevated inflation despite lower oil a

BofA economists say markets largely price a 25bp Bank of Korea hike on July 16, but the central bank’s commentary on won weakness may matter more than the rate move itself. Persistent won depreciation is keeping elevated inflation despite lower oil and repeated official warnings; overseas equity outflows and FX volatility strengthens the case for further policy normalization, though BofA does not treat back-to-back hikes as its base case. Investors will watch for whether the Bank of Korea signals greater concern about rising house prices and leveraged-ETF trading as financial stability risks.
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