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Both WTI and Brent crude oil prices surged, with WTI crude rising over 8% and Brent crude touching $82 per barrel, up 7.98% on the day.

2026-07-14

Both WTI and Brent crude oil prices surged, with WTI crude rising over 8% and Brent crude touching $82 per barrel, up 7.98% on the day.

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2026-07-13

Russian President Vladimir Putin pledged a stronger and more intensive response to the attacks in Ukraine.

Russian President Vladimir Putin pledged a stronger and more intensive response to the attacks in Ukraine.
2026-07-13

On July 10th, the DR007 rate closed at 1.3825%. While there have been signs of stabilization recently, it has not broken the downward trend since June 24th and continues to fluctuate around the policy rate of 1.4%. Note: Short-term money market rate

On July 10th, the DR007 rate closed at 1.3825%. While there have been signs of stabilization recently, it has not broken the downward trend since June 24th and continues to fluctuate around the policy rate of 1.4%. Note: Short-term money market rates such as DR007 reflect the adequacy of market liquidity. Besides loan rates for the real economy, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term funding rates. DR007 is generally considered the anchor for short-term interest rates in China. The difference between DR007 and the central bank's 7-day reverse repo rate (policy rate) indicates whether the market is short of funds. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the central bank may intervene to inject liquidity; conversely, it indicates very ample market liquidity.
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