EUR/USD
1.11914
-0.211%
Gold
4023.09
-0.029%
Oil
99.703
1.050%
USD/JPY
156.803
0.027%
GBP/USD
1.33764
-0.169%
GBP/JPY
209.749
-0.141%
Real-time News
October 23 – Eurozone household inflation expectations rose slightly in September, supporting expectations that the European Central Bank (ECB) will continue to raise borrowing costs. The ECBs monthly survey released Friday showed that consumer prices are expected to rise 3.1% over the next year, up from 3% in August. The three-year inflation indicator, crucial for monetary policy, remains unchanged at 2.9%, while the five-year inflation indicator also remains unchanged at 2.5%. Markets widely expect the ECB to keep interest rates unchanged next week, but economists surveyed by Bloomberg believe a third and final rate hike is likely in December. Although inflation is near 4%, double the ECBs target, it is primarily driven by rising energy prices, and officials say they have not seen second-round effects, such as wage increases.On October 23, it was reported that the State Administration for Market Regulation (SAMR) has continued its cleanup and rectification efforts across all aspects of CCC certification this year. Since the beginning of the year, certification bodies have revoked 50,800 CCC certification certificates, effectively preventing substandard products from entering the market. This year, the SAMR organized its first peer review of the capabilities of designated CCC certification laboratories. Currently, two batches of reviews have been conducted, covering all 149 designated laboratories and 328 designated qualifications in 14 product areas, including electric bicycles, toys, and wires and cables. The first batch has already revoked 17 designated qualifications from 16 laboratories. The second batch of capability reviews is now largely complete, and the SAMR will urge designated laboratories to complete rectification based on the review results. Those that still fail to meet the designated requirements after rectification will have their relevant designated qualifications revoked.Irans Supreme Leaders representative to the Revolutionary Guard, Sadeghi, stated: "The Supreme Leader of Iran is leading the country and the armed forces in a firm and powerful manner."The onshore yuan closed at 6.6711 against the US dollar at 16:30 on October 23, up 16 points from the previous trading day.On October 23, it was learned from a press conference held by the State Administration for Market Regulation that since the beginning of this year, in order to enhance the credibility of certification, inspection and testing, the State Administration for Market Regulation has strengthened supervision across the entire chain, issued the "General Rules for the Review of Certification Body Qualification Licensing," systematically raised the professional competence requirements for certification personnel, and strengthened the verification of the continued compliance of certification bodies. So far this year, 30 certification bodies that could not continuously maintain their legal capabilities and conditions have had their licenses revoked or cancelled, and 44 certification bodies have been urged to cancel 185 qualification areas.
