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date
07/08/2026
At the end of trading on Thursday in New York, the offshore RMB was quoted at 6.7476 against the US dollar, an increase of 6 points compared to the close on Wednesday. Throughout the day, it traded within the range of 6.7455 to 6.7519.
Latest
1 m ago
Federal Reserve's Musalem: In some cases, the Federal Reserve can surprise the market.
3 m ago
The probability of the Federal Reserve raising interest rates by 25 basis points in September is 55%.
5 m ago
Spot gold broke through $4,240 per ounce, down 0.01% for the day.
5 m ago
On August 6 local time, U.S. President Trump signed an executive order, pursuant to Section 232 of the Trade Expansion Act of 1962, to implement minimum import prices and additional tariff measures on imported polysilicon and its derivatives, in support of the U.S. domestic polysilicon, semiconductor, and solar supply chains. The announcement specifies the minimum import prices as follows: $21 per kilogram for polysilicon; $100 per kilogram for polysilicon ingots and wafers; $0.22 per watt for solar cells; and $0.38 per watt for solar modules. Additionally, the U.S. will impose a 15% ad valorem tariff on the polysilicon ingots and related derivatives listed in the announcement's appendix. These measures will take effect at 12:01 AM Eastern Time on December 4, 2026. The announcement also authorizes the Department of Commerce to establish a "Reshoring to America" incentive program. Companies that commit to building, renovating, or expanding polysilicon, ingot, wafer, or solar cell production facilities in the U.S. and commence construction by January 20, 2029, may apply for exemptions on Section 232 tariffs for certain imported equipment and related products. (CCTV)
6 m ago
Trump announced the imposition of tariffs on polysilicon and its derivatives.
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