Business activity in the Eurozone shrank for the second consecutive month
Recently, data released by S&P Global showed that business activity in the Eurozone shrank for the second consecutive month in August, comprehensive PMI initial value fell to 49.2 from 49.9 in July; the initial service PMI value was 50.2, the previous value was 51.2, lower than the expected 50.5; the manufacturing PMI initial value was 49.7, the lowest level since June 2020, the previous value 49.8, higher than the expected 49.0.
| Tengdao comments: Energy shortage, rising prices, drought.
Russian Foreign Economic Bank announced that it will no longer use the U.S. dollar and euro
Russian Foreign Economic Bank (Vnego Bank) State-owned Group Company Chairman Shuvalov said in a meeting with Russian President Putin that the group has completely switched to rubles transactions, while also using other currencies from friendly countries. Euros and US dollars are no longer used for transactions.
| Tengdao comments: You can recommend customers to pay in RMB.
Yesterday Offshore RMB appreciated against the US dollar and the euro, but was unchanged against the Japanese yen
The offshore RMB exchange rate against the U.S. dollar appreciated significantly yesterday. As of press time, the offshore RMB exchange rate against the U.S. dollar was at 6.8457, which was higher than the closing price of the previous trading day 6.8716 by value 259 basis points.
Yesterday, the exchange rate of offshore RMB against the euro appreciated slightly. As of press time, the exchange rate of offshore RMB against the euro reported 6.8428, which was appreciating 83 basis points compared to the closing price of the previous trading day 6.8511.
Yesterday, , the exchange rate of offshore RMB against 100 yen had no change. As of press time, , the exchange rate of offshore RMB against 100 yen was reported as 5.0100, which was unchanged from the closing price of 5.0100 on the previous trading day.
Yesterday the onshore RMB appreciated against the US dollar and depreciated against the euro and Japanese yen
The onshore RMB exchange rate against the U.S. dollar appreciated slightly yesterday. As of press time, the onshore RMB exchange rate against the U.S. dollar was at 6.8470, an increase of value 125 basis points from the closing price of the previous trading day.
The exchange rate of the onshore RMB against the euro depreciated slightly yesterday. As of press time, the exchange rate of the onshore RMB against the euro reported 6.8409, which was depreciated 48 basis points compared with the closing price of the previous trading day 6.8361.
The exchange rate of onshore RMB against 100 yen depreciated slightly yesterday. As of press time, the exchange rate of onshore RMB against 100 yen reported 5.0100, which was depreciated by 5 basis points compared with the closing price of the previous trading day 5.0000. .
Yesterday's central parity rate of RMB depreciated against the US dollar, euro and Japanese
Yesterday's RMB exchange rate depreciated slightly against the US dollar. The central parity rate of RMB against the US dollar was reported at 6.8536, which was depreciated by 148 basis points compared with the previous trading day 6.8388.
Yesterday, the RMB depreciated significantly against the euro. The central parity rate of the RMB against the euro was reported at 6.8447, which was 6.8168 depreciated by 6 basis points compared with the previous trading day.
Yesterday, the exchange rate of RMB against 100 yen depreciated slightly. The central parity rate of RMB against 100 yen was reported at 5.0075, which was 4.9999 and depreciated by 6 basis points compared with the previous trading day.
| Tengdao comments: Accurately remind everyone to put it in the bag.
China's services trade deficit dropped by 67% compared with 2020
The Department of Trade in Services of the Ministry of Commerce released the latest data. my country's services trade deficit dropped by 67% in 2021 compared with 2020, falling to US$32.75 billion, the lowest value since 2011.The sharp decline in travel import and export, while the export of traditional services and emerging services increased, are the main factors responsible for the decline in the service trade deficit.
| Tengdao comments: Spend less money when going out, and the reverse surplus increases.
Chile , Argentina price index both hit new highs
Chile’s National Statistics Institute released that the consumer price index (CPI) in July increased by 1.4% more than expected, resulting in an annual inflation rate of 13.1%, reaching the highest level since March 1994. highest level. In addition, data released by Argentina’s National Statistics Institute showed that the CPI index rose by 7.4% year-on-year in July, the highest value in a single month this year.
| Tengdao comments: Soaring prices are a common problem in emerging markets.
Malaysia's economic growth rate in the second quarter was 8.9%
The Malaysian Bureau of Statistics recently released that GDP increased by 8.9% year-on-year in the second quarter, and the growth rate in the previous quarter was 5.0%. Among them, the growth rate of the service industry reached 12.0%, mainly driven by the wholesale and retail industry (17.3%), transportation and warehousing industry (35.8%), and catering and accommodation industry (35.3%).
| Tengdao comments: The economic situation in Southeast Asia is generally improving.
Amazon charges third-party sellers a logistics surcharge for the first time
Amazon announced that it will charge third-party sellers a holiday logistics surcharge for the first time in response to soaring inflation. The platform plans that from October 15 to January 14 next year, third-party sellers using Fulfillment by Amazon (FBA) will have to pay 35 cents for each item sold in the United States or Canada.
| Tengdao comments: It is getting more and more difficult for cross-border sellers to make money.
Ozon announced its results, with revenue increasing by 58% year-on-year.
A few days ago, Russian e-commerce Ozon announced its second quarter financial report for 2022, which showed that total revenue was 58.5 billion rubles, a year-on-year increase of 58%, of which service revenue increased by 185% to 30.3 billion. ruble. The total volume of merchandise transactions reached 170.6 billion rubles, a year-on-year increase of 92%. Sales increased by 92% year-on-year, and order volume increased by 121% year-on-year.
| Tengdao comments: Save money, the customer base has expanded, and the order frequency has increased.
Japan’s air cargo exports in July decreased by 15% year-on-year
The Japan Air Cargo Transport Association released that Japan’s air cargo exports in July (calculated as mixed cargo) fell by 15% year-on-year to 83,465 tons, lower than the previous year for seven consecutive months. Last year. Among them, air cargo exports to China decreased by 24%, and air cargo exports to the United States decreased by 15%. Auto-related exports, which had been strong last year, slowed.
| Tengdao comments: Freight charges have also turned to a downward trend.
FedEx released this year’s peak season surcharge adjustment plan
A few days ago, the US logistics company FedEx released its 2022 peak season surcharge adjustment plan. The company will begin imposing the first batch of peak season surcharges on September 5, which will cost $3.45 per package. The second round of surcharges will begin on October 3, with a fee of $6.55 per package.
| Tengdao comments: The first batch will last until January 15, 2023.
Global Metaverse applications have received 170 million downloads
The latest report released by SensorTower states that during the first half of 2022, global Metaverse applications have received 170 million downloads, of which game application downloads reached 110 million, accounting for 67.3%; a total of Revenues reached US$650 million, of which game application revenue accounted for 94%.
| Tengdao comments: Compared with previous years, the revenue growth has been quite large.
CATL announced its results, with revenue increasing by 156.32%
CATL announced its financial report for the first half of 2022. The financial report shows that in the first half of this year, CATL’s operating income was 112.971 billion yuan, a year-on-year increase of 156.32%; the net profit attributable to the parent company was 8.168 billion yuan, a year-on-year increase of 82.17%. The surge in revenue is due to the blowout of the new energy vehicle market, which has driven a surge in demand for power batteries.
| Tengdao comments: The good news turned into bad news, and the stock price fell.
Sweat analysis sensor is here
Recently, the California Institute of Technology in the United States developed and designed the latest wearable sensor focused on medical applications. The sensor can monitor nutrients, as well as hormone and drug levels in the body through exposure to human sweat, and can also provide continuous monitoring of a variety of health conditions.
| Tengdao comments: After that, any piece of clothing will go to the hospital.
So, have a happy weekend~
Ps. Give yourself a smile every day to make yourself happy; giving a smile to others may be an encouragement. Good morning !
Source: Foreign Toast Information
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