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Zhuhai border inspection’s Hengqin checkpoint said that from its opening on Aug 18, 2020 through Aug 17, 2026 it processed more than 110 mln cross-border passengers and about 13 mln vehicle trips. Annual average growth rates were 37.5% for people and

2026-08-18

Zhuhai border inspection’s Hengqin checkpoint said that from its opening on Aug 18, 2020 through Aug 17, 2026 it processed more than 110 mln cross-border passengers and about 13 mln vehicle trips. Annual average growth rates were 37.5% for people and 35.1% for vehicles. Hengqin has become one of the busiest cross-border channels in the Guangdong–Hong Kong–Macao Greater Bay Area.

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2026-08-18

LME copper next-day spread hit $110, the highest level since 2021.

LME copper next-day spread hit $110, the highest level since 2021.
2026-08-18

Deutsche Bank data shows that global bond funds saw net inflows of $23.8 billion in the week ending August 12, a five-week high, with $7.2 billion flowing into government bonds and $4.8 billion into investment-grade bonds, indicating that allocation-

Deutsche Bank data shows that global bond funds saw net inflows of $23.8 billion in the week ending August 12, a five-week high, with $7.2 billion flowing into government bonds and $4.8 billion into investment-grade bonds, indicating that allocation-oriented funds are increasing their fixed-income exposure again. However, trend-following funds are sending a completely different signal. Deutsche Bank's CTA model shows that overall bond allocation is only at the 5th percentile historically, with US bond positions at the 13th percentile and European positions at only the 12th percentile, still maintaining a clearly bearish stance. In other words, allocation-oriented funds have begun buying bonds, but the price trend is not yet strong enough for CTAs to reverse course and go long. This divergence means that a key variable in the next phase of the bond market is whether the trend can truly reverse. If yields continue to fall, CTAs may close their short positions or even turn long, potentially becoming a new source of mechanical buying; however, if long-term yields continue to be under pressure, the current fund inflows may not be enough to reverse the trend.
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