GoldenOctober2024

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Strategist: The EU will have to accept a 10% tariff.

Jin10 data July 12 news, BCA RESEARCH European Chief Strategist Mathieu Savary: Trump's strategy is to make outrageous demands, then let those demands fall through, and then make another effort to win some last-minute concessions, and finally reach a trade protocol. We remember a framework from Trump's first presidential term, and that is what is happening now. It doesn't matter what is said now; what matters is where we will land. It is expected that the EU will ultimately "have to accept a 10% tariff, but this is something the EU can actually cope with."
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Morgan Stanley: A weaker dollar is an "underrated strong tailwind" for U.S. corporate profits.

Trump's trade policy and the Fed's interest rate cut efforts have led to a weaker dollar, benefiting U.S. exporters. Morgan Stanley believes that the depreciation of the dollar will drive overseas profit growth for large-cap companies, while BlackRock expects further downside for the dollar. Many companies anticipate that forex will significantly boost their revenues.
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The Israeli military denies attacking a supply distribution point in southern Gaza.

The Israel Defense Forces denied that their fire in Rafah caused casualties, stating that they continue to support the distribution of humanitarian aid supplies and calling for vigilance regarding unverified reports. Palestinian media, however, reported significant casualties at the same location.
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It is reported that Putin urged Iran to reach a "zero enrichment" nuclear protocol with the United States.

Russian President Putin supports a "zero enrichment" nuclear protocol between Iran and the United States, but Iran has refused to consider this proposal. Although Russia has long supported Iran's nuclear rights, Putin's private stance has hardened after the conflict between Israel and Iran, showing disappointment in Iran's support.
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Prohibition of fishing and going to sea in the coastal areas of Gaza; the Israeli army issues strict restrictions.

The spokesperson for the Israel Defense Forces announced strict security restrictions on the waters of the Gaza Strip, prohibiting people from going into the sea, stating that violations will face threats. Humanitarian aid in Gaza is lacking, and some residents rely on fishing for survival.
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Analysts: A sudden breakthrough or collapse in trade negotiations could quickly change market sentiment.

On July 12, Jin10 reported that Stephen Innes, managing partner at SPI Asset Management, stated that supported by ongoing geopolitical risks, the Malaysian exchange's derivation gold futures are expected to rise within a stable range of $3300 - $3350 next week. He mentioned that despite the rise in U.S. Treasury yields and a stronger dollar, gold prices remain robust, indicating that the geopolitical risk premium is once again affecting market sentiment. "A sudden breakthrough or collapse in trade negotiations, especially with the EU, could quickly change market sentiment."
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A huge explosion was heard near the location where the Israeli military is carrying out operations in southern Gaza.

Jin10 data reported on July 12th, local time, a huge explosion was heard near the location of an IDF operation in Khan Younis, southern Gaza Strip, on the morning of the 12th. Eyewitnesses saw IDF helicopters landing in the area to carry out evacuation tasks. Some Israeli media described it as a "serious security incident." Currently, there are no reports of casualties.
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Strategist: If the White House implements aggressive tariffs, market fluctuations may intensify in the short term.

Jin10 Data July 12th, Chief Market Strategist Anthony Saglimbene of Ameriprise Financial stated that as the U.S. government is expected to reach agreements with trade partners like Japan and South Korea in the coming weeks, most investors seem to expect that the U.S. will avoid raising tariffs. "This is the expectation that the market has already formed," Saglimbene said. "If we do not get such an outcome, then I think that if the White House really implements some aggressive tariff measures, the market fluctuation may intensify in the short term."
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The terror attack in Chabahar, Iran, resulted in the deaths of 3 police officers.

Jin10 Data, July 12 - On July 11 local time, a terrorist group in the southeastern Iranian city of Chabahar clashed with police. The clash resulted in one terrorist being injured and one terrorist dead. On the 12th, the Chabahar police department announced that three police officers injured in the clash had died due to their injuries.
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The population of the EU has reached a record high.

Jin10 data, July 12th news: On July 11th local time, the EU released its latest population data, showing that the EU population will reach 450.4 million in 2024, an increase of more than 1 million compared to 2023, setting a new historical record. Despite several consecutive years of deaths outnumbering births, the growth of the EU population is still mainly driven by immigration.
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The summer box office surpassed 3 billion.

Jin10 data reported on July 12 that, according to platform data, as of July 12, the total box office (including pre-sales) for the summer 2025 film season has exceeded 3 billion.
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Underground organizations describe the routes through which Kyiv obtains weapons from abroad.

Jin10 reported on July 12 that, according to pro-Russian underground organizations, foreign weapons provided to the Ukrainian army are being transported into Ukraine through the Izmail port and via Mykolaiv Oblast. He added that this route has been discovered by the Russian Armed Forces and has been subjected to attacks by Russian troops.
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EU officials: In the face of protectionism, the EU strengthens trade cooperation

On July 12, Jin10 reported that on the 11th, EU High Representative for Foreign Affairs and Security Policy Borrell stated in Kuala Lumpur, Malaysia, that in the face of a new wave of protectionism, the EU is strengthening trade cooperation and defending a trade system centered on the WTO, based on rules, non-discrimination, openness, fairness, inclusiveness, equality, and transparency.
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EU officials: In the face of protectionism, the EU strengthens trade cooperation.

On July 12, Jin10 reported that on the 11th, the EU's High Representative for Foreign Affairs and Security Policy, Borrell, stated in Kuala Lumpur, Malaysia, that in the face of a new wave of protectionism, the EU is strengthening trade cooperation and defending a trade system that is WTO-centered, rule-based, non-discriminatory, open, fair, inclusive, equal, and transparent.
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Japanese Experts: The High Tariffs Imposed by the U.S. Will Deal a Serious Blow to the Japanese Economy

Trump announced that starting from August 1, a 25% tariff will be imposed on Japanese imports. Experts point out that this will severely impact Japan's manufacturing industry, especially as orders from small and medium-sized enterprises have begun to dry up. At the same time, Japan's economy sentiment index has also shown a first assessment of "deterioration" since 2020, indicating that the economy may be heading towards recession.
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The Tianzhou-9 spacecraft and rocket combination has been transported to the launch area and will be launched at an opportune time in the coming days.

Jin10 data reported on July 12th that the Tianzhou-9 cargo spacecraft has been vertically transported to the launch area along with the Long March 7 Yao-10 carrier rocket assembly, with plans to carry out the launch at an opportune time in the near future.
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The new round of ceasefire negotiations in the Gaza Strip continues, with two major disagreements yet to be resolved.

On July 12, Jin10 reported that a new round of ceasefire negotiations for the Gaza Strip, taking place in Doha, the capital of Qatar, has entered its sixth day as of the 11th local time. This round of negotiations has been conducted behind closed doors, and so far, the parties involved have not released much official information on the progress of the talks. However, according to information disclosed by various officials, Israel and Hamas have made some progress in the exchange of detained individuals and humanitarian aid. Nevertheless, there remains a fundamental disagreement between Israel and Hamas on the two core issues of Israel's withdrawal from Gaza and the establishment of a permanent ceasefire, leading to a deadlock in the negotiations.
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US media: Google invests $2.4 billion to acquire Windsurf technology license and hires its CEO.

Google has agreed to pay about $2.4 billion for the acquisition of the technology license from the artificial intelligence startup Windsurf, and to hire its CEO and some employees, aiming to enhance its DeepMind department's "agent-based coding" capabilities.
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The "Fed's mouthpiece" talks about reports of Powell's resignation: the first reaction is to ignore it; Powell has already made a firm statement.

The Fed's mouthpiece Nick Timiraos responded to rumors about Powell's term, stating that Powell has firmly committed not to resign voluntarily during his term and would only leave under extreme circumstances.
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Jen-Hsun Huang's net worth exceeds that of Buffett, reaching 144 billion dollars.

Jin10 data July 12 news, as of Friday's US stock market close, Nvidia rose 0.50%, with a latest market capitalization of $4.02 trillion. According to institutional data, Jen-Hsun Huang's net worth reached $144 billion, surpassing Warren Buffett ($143 billion), ranking ninth in the world.
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