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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7358.21
7358.21
7358.21
7428.06
7336.82
-7.24
-0.10%
--
--
DJI
Dow Jones Industrial Average
51848.89
51848.89
51848.89
52248.69
51617.73
+182.06
+ 0.35%
--
--
IXIC
NASDAQ Composite Index
25476.63
25476.63
25476.63
25840.56
25354.66
-110.42
-0.43%
--
--
USDX
US Dollar Index
101.250
101.250
101.330
101.400
101.230
-0.040
-0.04%
--
--
EURUSD
Euro / US Dollar
1.13665
1.13665
1.13672
1.13669
1.13474
+0.00084
+ 0.07%
--
--
GBPUSD
Pound Sterling / US Dollar
1.31795
1.31795
1.31806
1.31824
1.31555
+0.00119
+ 0.09%
--
--
XAUUSD
Gold / US Dollar
3970.04
3970.04
3970.49
4018.51
3962.92
-28.86
-0.72%
--
--
WTI
Light Sweet Crude Oil
69.001
69.001
69.036
70.080
68.944
-0.732
-1.05%
--
--

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Share

The Main Ethylene Glycol Contract Fell 4.00% Intraday, Currently Trading At 4040.00 Yuan/ton

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Assistant Secretary For Public Affairs At The U.S. State Department, Johnson: The U.S. Embassy In Caracas Reports That All U.S. Personnel Have Been Confirmed Safe Following The Earthquake In Venezuela

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U.S. Under Secretary Of State For Foreign Assistance Jeremy Lewin: The United States Will Send Search And Rescue Teams, Medical And Humanitarian Supplies To Venezuela

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Liquefied Petroleum Gas (LPG) 2608 Futures Rallied Briefly, Narrowing Its Losses To 2.04%, And Was Last Quoted At 4459 Yuan/ton, Recovering From The Intraday Low Of 4341 Yuan/ton; The Trading Volume Was Approximately 8.038 Billion Yuan, With Nearly 4100 Lots Added To Open Interest During The Day, Indicating Increased Volatility In The Market

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Lithium Carbonate Futures Contract 2609 Weakened During The Session, With The Decline Widening To 3.18%, And Last Quoted At 154,520 Yuan/ton. The Trading Volume Was Approximately 22.3 Billion Yuan, With Nearly 1,600 Lots Added To Open Interest During The Day, And The Market Volatility Increased

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El Salvadoran President: El Salvador Has Provided Assistance To Venezuela Through The Ministry Of Foreign Affairs. 300 Aid Workers And Medical Personnel, Along With 50 Tons Of Equipment, Medicine, And Essential Supplies, Are Ready To Travel To Caracas

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U.S. Deputy Secretary Of State Landau: Maintaining Contact With Venezuelan Authorities And Mobilizing Aid After The Earthquake

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According To Japanese Sources, The Earthquake That Struck Off The Coast Of Iwate Prefecture Around 10:00 A.m. Local Time On The 25th Has Injured At Least Four People

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Shanghai Tin Futures Contract 2607 Weakened During The Session, With The Decline Widening To 2.75%, And Last Quoted At 383,030 Yuan/ton; The Trading Volume Was Approximately 48.516 Billion Yuan, With A Decrease Of Over 2,400 Lots In Open Interest During The Day, And Open Interest Slightly Declining

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According To TASS, Citing Local Officials, A Fuel Depot In Russia's Krasnodar Region Caught Fire Due To Debris From A Crashed Drone

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The Yield On Japan's 10-year Government Bonds Fell 4 Basis Points To 2.625%

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The Most Active Japanese Rubber Futures Contract Fell More Than 4.00% Intraday, Currently Trading At 422.20 Yen Per Kilogram

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Both WTI And Brent Crude Oil Prices Fell By More Than 1% During The Day, Currently Trading At $69.76 Per Barrel And $72.69 Per Barrel Respectively

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Venezuelan Acting President Rodriguez: Maiquetía Airport Has Been Closed Due To Damage To Its Assembly Caused By The Earthquake

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Venezuelan Acting President Rodriguez: The Venezuelan Government Will Declare A State Of Emergency Following The Earthquake

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The PTA Main Contract Fell Sharply By 6.00% Intraday, Currently Trading At 5396.00 Yuan/ton. Paraxylene 2609 Weakened Significantly During The Session, With The Decline Widening To 5.35%, And The Price Dropping To 7500 Yuan/ton. Open Interest Decreased By Over 3800 Lots Intraday, Resulting In A Slight Decline In Open Interest

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Spot Silver Fell More Than 1.00% On The Day, Currently Trading At $56.89 Per Ounce. New York Silver Futures Fell More Than 2.00% On The Day, Currently Trading At $56.92 Per Ounce

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Bank Of Japan Policy Board Member Naoki Tamura: I Am Concerned That Companies Will Pass On Costs Faster And More Significantly Than In 2022

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Australia's Seasonally Adjusted Labor Force Participation Rate In May Was 66.7%, Matching The Forecast Of 66.7% And Unchanged From The Previous Reading Of 66.70%

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Australia's Employment Change In May Was +40,300, Versus An Expectation Of +30,000 And A Previous Reading Of -18,600

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ACT
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U.S. Richmond Fed Manufacturing Shipments Index (Jun)

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US President Trump delivered a speech
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U.S. API Weekly Cushing Crude Oil Stocks

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U.S. API Weekly Refined Oil Stocks

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U.S. API Weekly Gasoline Stocks

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BOJ Gov Ueda Speaks
Germany Ifo Current Business Situation Index (SA) (Jun)

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Germany IFO Business Climate Index (SA) (Jun)

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U.S. Current Account (Q1)

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U.S. New Home Sales Annualized MoM (May)

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BOJ Gov Ueda Speaks
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Australia Full-time Employment (SA) (May)

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Australia Employment (May)

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Germany GfK Consumer Confidence Index (SA) (Jul)

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South Africa PPI YoY (May)

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Mexico Unemployment Rate (Not SA) (May)

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U.S. Kansas Fed Manufacturing Production Index (Jun)

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Mexico Policy Interest Rate

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Q&A with Experts
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    QUANGTHUONGLC flag
    Kung Fu
     @QUANGTHUONGLC  advantage could be one it could be two is that correct so it probably means that when price goes against you to a certain level you close manually
    @Kung Fu Không phải
    Kung Fu flag
    QUANGTHUONGLC
     @QUANGTHUONGLC  Oh, I see.
    QUANGTHUONGLC flag
    Kung Fu
     @QUANGTHUONGLC  advantage could be one it could be two is that correct so it probably means that when price goes against you to a certain level you close manually
    @Kung Fu Tôi sẽ DCA để chốt lời khi tất cả các lệnh DCA đạt một mức tôi đặt sẵn
    Kung Fu flag
    QUANGTHUONGLC
    @Kung Fu Tôi sẽ DCA để chốt lời khi tất cả các lệnh DCA đạt một mức tôi đặt sẵn
     @QUANGTHUONGLC  Oh now I understand. Thank you very much for this clarification.
    Hamid flag
    Onit flag
    QUANGTHUONGLC
    Có ai tiếp tục cùng tôi Sell để đạt các mức taget. Sáng giờ điểm vào lệnh 4017.4 đã có và nó xuống liền.
    @QUANGTHUONGLC yes selling
    QUANGTHUONGLC flag
    Kung Fu
     @QUANGTHUONGLC  Oh now I understand. Thank you very much for this clarification.
    @Kung Fu Để đạt được mức bảo vệ 1 sẽ rất khó, mà có mức 1 rồi thì mức 2 sẽ gần như không bao giờ phải dùng tới.
    Roberto flag
    the gold market once it breaks 4000, buy...
    Roberto flag
    poeple dont understand market
    Hamid flag
    Hamid flag
    Asma
    @Hamiddemo trader lol
    @Asma@Asma
    Kung Fu flag
    QUANGTHUONGLC
    @Kung Fu Để đạt được mức bảo vệ 1 sẽ rất khó, mà có mức 1 rồi thì mức 2 sẽ gần như không bao giờ phải dùng tới.
     @QUANGTHUONGLC  You are Vietnamese. I can see that now. More power to your elbow, more wins, brother.
    QUANGTHUONGLC flag
    Kung Fu
     @QUANGTHUONGLC  You are Vietnamese. I can see that now. More power to your elbow, more wins, brother.
    @Kung Fu Đúng rồi, tôi là người Việt Nam. Tôi thấy bạn ngạc nhiên là sao?
    Hamid flag
    Asma
    @Hamiddemo trader lol
    @Asma
    Hamid flag
    Kung Fu flag
    QUANGTHUONGLC
    @Kung Fu Đúng rồi, tôi là người Việt Nam. Tôi thấy bạn ngạc nhiên là sao?
     @QUANGTHUONGLC  No, I didn't say that out of surprise. I said that out of admiration.
    Hamid flag
    Asma
    @Hamiddemo trader lol
    @Asma
    Hamid flag
    Kung Fu flag
    Hamid
    @Hamidtalk about the market, we're not here to prove anything to anyone
    Hamid flag
    Kung Fu
    @Hamidtalk about the market, we're not here to prove anything to anyone
    @Kung Fuof course
    Type here...
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          China’s Ultra-High-Voltage Grid: The Silent Power Revolution Behind the World’s Largest Green Economy

          Gerik

          Economic

          Summary:

          China has quietly built the world’s most extensive ultra-high-voltage (UHV) electricity transmission network, linking renewable-rich western regions with industrial megacities in the east...

          The Rise of a Modern Energy Empire

          From the arid Gobi Desert to the bustling plains of Shanghai, a web of towering transmission lines now defines the new face of China’s economy. While much of the world still struggles to integrate renewable energy into existing grids, Beijing has spent over a decade constructing a vast network of ultra-high-voltage (UHV) transmission corridors. These lines capable of operating at up to 1,100 kilovolts connect the country’s remote wind, solar, and hydroelectric sources in the west to its dense industrial zones in the east.
          This initiative is not merely a technological milestone but a strategic foundation for China’s long-term energy sovereignty. With more than 30 million new-energy vehicles (including electric and hybrid models) and over 50,000 kilometers of electrified high-speed rail, China’s electricity demand has surged beyond any global benchmark. According to Du Zhongming, Director of the National Energy Administration, China now consumes roughly twice as much electricity as the United States a statistic that underscores the scale of its electrification drive.

          Engineering the Arteries of the Green Economy

          Over 90% of China’s population resides in the eastern half of the country, where renewable energy potential is limited. By contrast, the sun-drenched deserts of Xinjiang and the windswept plains of Inner Mongolia hold vast untapped energy reserves. This geographical imbalance created a logistical dilemma: how to move terawatts of renewable energy across thousands of kilometers with minimal loss.
          Since 2009, Beijing has bet on UHV technology to solve this challenge. Each transmission corridor, running at voltages up to 1,100 kV, can deliver electricity across provinces at an efficiency unmatched by conventional systems. For instance, one line connecting Xinjiang’s Gurbantünggüt Desert to Anhui Province near Shanghai stretches more than 3,200 kilometers, supplying power to tens of millions of homes.
          By the end of 2024, China operated 19 transmission lines at 800 kV and 22 at 1,000 kV, with the largest the Guquan project capable of powering up to 50 million Chinese households. In comparison, the U.S. operates only a handful of 765 kV lines, and their combined length barely equals one of China’s cross-country routes.
          Two key factors explain this success. First, China’s renewable power now accounts for over one-fourth of its total electricity output a milestone few nations have reached. The country achieved its 2030 target for tripling wind and solar capacity six years ahead of schedule. Second, the rapid electrification of transport and manufacturing has created massive, predictable demand centers in cities, ensuring that renewable energy is consumed efficiently rather than wasted.

          The Economic Feedback Loop Between Rail and Electric Vehicles

          China’s 50,000-kilometer high-speed rail (HSR) network has become more than just a transport system it’s a structural enabler of electrification. Researchers note a feedback relationship: as HSR reduces the need for long-distance car travel, urban drivers grow more confident adopting electric vehicles for daily use. This consumer behavior has encouraged automakers to focus on affordable EV models, reinforcing the mass adoption cycle.
          In this way, HSR and EV infrastructure form a synergistic demand loop. UHV transmission acts as the lifeline connecting clean energy supply from the west with concentrated urban demand in the east ensuring the “arteries” of China’s green economy remain supplied with stable, renewable power.

          Centralized Power, Centralized Speed

          The New York Times aptly described China’s UHV grid as not just an engineering feat but a reflection of its governance model: centralized, coordinated, and fast. While permitting a single high-voltage project in the U.S. can take a decade due to environmental reviews and local resistance, China can approve and complete similar lines within a few years. Most citizens view these towering pylons as national projects rather than neighborhood intrusions.
          This efficiency has enabled China to accelerate its broader decarbonization strategy. As coal dependency declines, air quality has improved dramatically. Research from the University of Chicago shows a 41% reduction in air pollution since 2014, extending average life expectancy by nearly two years. The causal link is clear: centralized state planning and rapid grid expansion have directly amplified both environmental and social well-being.

          Risks Beneath the Surface of Success

          Yet China’s UHV dominance comes with vulnerabilities. A highly centralized grid, while efficient, is also fragile. A single large-scale disruption caused by earthquakes, floods, or cyberattacks could plunge tens of millions into darkness. Transmission routes crossing mountainous terrain such as the Yellow River valleys or the Kunlun range also face heightened maintenance and reliability challenges.
          Moreover, despite vast capacity, grid flexibility remains imperfect. At times, up to 10% of renewable generation in the west must be curtailed effectively wasted due to storage and distribution bottlenecks. This mismatch underscores the next frontier of China’s energy reform: creating a more dynamic, digitally integrated smart grid capable of real-time balancing.

          Toward 2050: Exporting the “Electric Backbone” Model

          Beijing’s long-term plan is ambitious: by 2050, China aims to triple the number of UHV lines, forming a continental-scale “electric spine” that sustains both domestic and international power networks. The country also seeks to export its UHV technology to Asia, Africa, and the Middle East, positioning itself as the global architect of high-voltage infrastructure.
          For many Western nations still mired in local permitting battles and fragmented regulations, China’s achievement highlights a striking paradox. In the race toward a green future, political coordination and state-led execution have proven just as decisive as technological innovation.
          China’s ultra-high-voltage grid represents more than an engineering triumph; it embodies the convergence of political vision, industrial scale, and technological mastery. By integrating renewables, transport, and manufacturing through a unified energy framework, China has transformed its electric grid into the backbone of the world’s largest green economy.
          Yet this centralization the very source of its strength also defines its greatest risk. In the age of energy transition, China’s UHV network stands as both a model of strategic foresight and a reminder that the power to electrify a nation carries the equal responsibility to secure and diversify it.
          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

          No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.

          Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.

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