GoldenOctober2024

1. Import: Malaysian Palm Oil Board MPOB: Malaysia's palm oil imports in June were 70,015 tons, a rise of 1.51% month-on-month.
2. Export: Malaysian Palm Oil Board MPOB: Malaysia's palm oil exports in June were 1,259,354 tons, a decrease of 10.52% month-on-month.
3. Production: Malaysian Palm Oil Board MPOB: Malaysia's palm oil production in June was 1,692,310 tons, a decrease of 4.48% month-on-month.
4. Inventory: Malaysian Palm Oil Board MPOB: Malaysia's June palm oil inventory stood at 2,030,580 tons, a month-on-month rise of 2.41%.

Jin10 reported on July 10 that Sinovac announced that the special cash dividend of $55 per share of common stock previously announced by the company is currently being distributed to legitimate shareholders holding Sinovac shares as of the close of trading on July 7, 2025.

On July 10, Jin10 reported that Daiwa Securities estimates that Trump's proposal to impose a 25% reciprocal tariff on Japanese goods could result in a cumulative reduction of 1.1% in Japan's real GDP. The economists at the institution expect Japan's real GDP growth rate for fiscal year 2025 to be only 0.1%-0.2%, a significant slowdown compared to 0.8% in fiscal year 2024. Although the tariffs may not trigger a significant shock, the ongoing labor shortage could maintain inflationary pressures. Therefore, the Central Bank of Japan may continue to gradually raise interest rates instead of easing policies to respond to the slowdown in economic growth.

Jin10 reported on July 10 that the new stock N Tongyu opened up more than 110%, trading at 180 yuan. Tongyu New Materials is publicly issuing 10 million shares, with an issuance price of 84 yuan per share, raising a total of 840 million yuan. After the issuance, the total share capital will be 40 million shares. Tongyu New Materials mainly engages in the research and development, production, and sales of electronic resins.

Jin10 reported on July 10 that on July 9 local time, Ukrainian President Zelensky met with the U.S. Special Representative for Ukraine Negotiations, Kurt Volker, in Rome, the capital of Italy. Volker came as a member of the U.S. delegation to participate in the International Conference on Ukraine Reconstruction held in Rome from July 10 to 11. Zelensky stated that the two sides discussed issues such as purchasing U.S. weapons, conducting joint defense production, achieving localized production of weapons in Ukraine, and sanctions against Russia. Previously, U.S. President Trump had promised to provide additional weapons to Ukraine.

Since the beginning of this year, the market has shown significant structural trends. In June, over 2000 private equity funds reached historical highs in net value, with 90% of the hundred-billion-level private equity achieving positive returns, and quantitative private equity reaching 100%. Recently, the issuance of private equity has warmed up, with incremental funds getting on board, and the A-shares and Hong Kong stocks may further rise.

Jin10 data reported on July 10, this morning, Microsoft open-sourced the latest version of the Phi-4 family, Phi-4-mini-flash-reasoning, on their official website. The mini-flash version continues the Phi-4 family's characteristic of small parameters and strong performance, specifically designed for scenarios limited by Computing Power, memory, and latency. It can run on a single GPU, making it suitable for edge devices such as laptops and tablets. Compared to the previous version, mini-flash utilizes Microsoft's self-developed innovative architecture SambaY, achieving a 10-fold increase in reasoning efficiency, with average latency reduced by 2 to 3 times, resulting in a significant overall improvement in reasoning performance.

Trump announced plans to impose a 50% tariff on Brazil, citing the Brazilian government's treatment of former President Bolsonaro. He criticized Brazil for violating free elections and freedom of speech, stating that the relationship with Brazil needs a fairer competitive environment.

Perplexity AI has launched a new browser called Comet, equipped with artificial intelligence search capabilities, aiming to challenge Google's market dominance. This move marks its entry into the highly competitive browser market. At the same time, OpenAI is also planning to launch a similar AI browser.

Hamas official Nunu stated that Hamas has shown flexibility in the ceasefire negotiations in Gaza and has agreed to release 10 Israeli hostages, with the aim of ensuring that humanitarian aid can flow smoothly into Gaza. He emphasized that any agreement must include the core demands of the withdrawal of Israeli troops and the cessation of hostilities.

On July 10, Jin10 Data reported that U.S. Senate Majority Leader John Thune stated that he "hopes" the Senate will pass a bipartisan proposal put forward by President Trump's ally, Senator Lindsey Graham, to impose severe sanctions on Russia before the August recess. After Trump criticized Putin's intensified attacks on Ukrainian cities earlier this week, Senate Republicans have become more confident about passing legislation to sanction Russia this month. Thune said, "It’s clear that there is a lot of bipartisan support in the Senate. I believe the House is the same, at least I hope so." "Whether this will happen in the coming weeks is an open question, but I hope it will."

Jin10 data, July 10 news: As of 2:30 PM close, the Shanghai gold market maker contract rose by 0.19%, reported at 771 yuan/g, the Shanghai silver market maker contract fell by 0.33%, reported at 8870 yuan/k, and the SC crude oil market maker contract rose by 0.85%, reported at 520 yuan/barrel.

The Federal Reserve (FED) June meeting minutes indicate that CPI remains elevated, the unemployment rate is low, and the labor market is stable, with steady rise in GDP for the second quarter. May consumer price inflation was 2.3%, and core PCE was 2.6%, both lower than the beginning of the year, with high short-term inflation expectations and stable long-term expectations.

On July 10, Jin10 reported that Microsoft Chief Commercial Officer Judson Althoff said in a speech this week that AI tools can improve productivity across various fields, from sales and customer service to software engineering. The source stated that despite this, AI saved Microsoft more than $500 million last year alone in call centers and improved employee and customer satisfaction. Althoff mentioned that the company has also begun using artificial intelligence to handle interactions with small customers. He said this work has just started but has already generated tens of millions of dollars in revenue.

Jin10 Data reported on July 10 that on July 9 local time, a diplomatic official stated that the Congolese government and representatives of the anti-government armed group "M23 Movement" held talks in Doha, the capital of Qatar, regarding issues in eastern Democratic Republic of the Congo, aiming to reach a broader ceasefire agreement. The representatives of both sides have held multiple rounds of talks in Doha since March of this year. On April 23, the Congolese government issued a statement saying that after dialogues with the "M23 Movement" in Doha, both sides reached a consensus on promoting a ceasefire and peace process.

On July 10, Jin10 reported that gold futures prices remained flat, influenced by the United States delaying tariff increases and the strength of the dollar, while geopolitical tensions still provide support for gold prices. Although gold prices have fallen nearly 1% this week, the Central Bank's continuous purchases of gold have stabilized the bottom of gold prices.

Jin10 Data July 9th news, Trump issued trade letters to multiple countries on the 9th. The letters show a 20% tariff on goods from the Philippines, a 25% tariff on goods from Brunei, a 30% tariff on goods from Algeria, a 25% tariff on goods from Moldova, a 30% tariff on goods from Iraq, and a 30% tariff on goods from Libya.

Israeli Prime Minister Netanyahu stated during his visit to the United States that despite the Israeli military's airstrikes on Iranian nuclear facilities, Israel still has concerns about Iran's enriched uranium stockpile. He reiterated that Iran cannot possess enriched uranium and emphasized that this material needs to be controlled.