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Real-time News
October 13th - Apple (AAPL.O) will launch a series of new products and upgrades to existing ones this week, but investors are uncertain whether these new offerings can drive further gains in the stock, which is among the most valuable in the market and has been largely stagnant for the past few months. Apple will hold a smart home product launch event on Tuesday, showcasing the Apple Smart Doorbell and thermostat. Later this month, the company also plans to launch a touchscreen MacBook and a new iPad mini. In addition, pre-orders for the new foldable iPhone Duo will begin on Friday. This product represents the biggest design change in the history of Apples most profitable device, and its price will be correspondingly high. This product launch is crucial for Apples stock price. In late July, driven by news of its entry into the smart home market and market acceptance of Apples strategy to avoid large-scale artificial intelligence spending, Apples stock price hit an all-time high, but has remained largely flat in the following months.On October 13th, Federal Reserve Governor Waller stated that soaring yields on long-term U.S. Treasury bonds are suppressing demand in interest-rate-sensitive sectors such as housing and automobiles, thus playing a role in tightening monetary policy to some extent. Speaking at the New Economy Forum in New Delhi on Tuesday, Waller said, "Does rising yields affect housing, automobiles, and other interest-rate-sensitive sectors? Absolutely." He noted that while this is not the Feds intention, rising yields are indeed "playing a role in tightening policy to some extent." Last week, Waller hinted that the Fed might still need to raise interest rates further to curb inflation, but added that officials still have some flexibility in choosing the timing of the next rate hike. Economists expect that inflation data released on Wednesday will show that overall U.S. inflation accelerated in September, driven by higher energy costs due to the Iraq War, but core inflation is expected to slow.On October 13, Agile Group Holdings Limited (01813.HK) released its unaudited operating data for September 2026. The announcement showed that in September 2026, the company and its joint ventures and associates had pre-sales of RMB 200 million, a year-on-year decrease of 73.2%; the pre-sold gross floor area was approximately 13,700 square meters, a year-on-year decrease of 21.3%.The onshore yuan closed at 6.6945 against the US dollar at 16:30 on October 13, down 15 points from the previous trading day.Federal Reserve Governor Waller: I believe Congress and the courts will protect the independence of the Federal Reserve.
