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Goldman Sachs estimates AI-driven price rises in memory, software and electricity are adding more than 0.2 percentage points to US core PCE YoY inflation now and will lift that contribution to 0.5 percentage points by year-end.

2026-07-10

Goldman Sachs estimates AI-driven price rises in memory, software and electricity are adding more than 0.2 percentage points to US core PCE YoY inflation now and will lift that contribution to 0.5 percentage points by year-end.

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2026-07-10

The dollar index, measuring the greenback against six major currencies, fell 0.09% to 100.904 at the New York close. EUR/USD 1.1434 (prev. 1.1426); GBP/USD 1.3416 (1.3400); USD/JPY 162.34 (162.48); USD/CHF 0.8066 (0.8076); USD/CAD 1.4167 (1.4169); US

The dollar index, measuring the greenback against six major currencies, fell 0.09% to 100.904 at the New York close. EUR/USD 1.1434 (prev. 1.1426); GBP/USD 1.3416 (1.3400); USD/JPY 162.34 (162.48); USD/CHF 0.8066 (0.8076); USD/CAD 1.4167 (1.4169); USD/SEK 9.6602 (9.6903).
2026-07-10

On the 10th, the Ministry of Agriculture and Rural Affairs said it has made preparedness for Typhoon Bawei a priority, mobilizing flood and typhoon defenses to limit damage. The ministry warned Bawei's wide reach, strong winds and heavy rain may adve

On the 10th, the Ministry of Agriculture and Rural Affairs said it has made preparedness for Typhoon Bawei a priority, mobilizing flood and typhoon defenses to limit damage. The ministry warned Bawei's wide reach, strong winds and heavy rain may adversely affect autumn grain and agricultural production, and broader urged local agricultural authorities to closely monitor rainfall, floods and winds, issue timely agrometeorological disaster warnings, and implement direct-to-frontline call-and-response pre-disaster warning systems. The ministry and the China Meteorological Administration have already issued warnings for field waterlogging and wind damage and circulated an emergency notice to coordinate responses.
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