$BTC
As of May 13, 2025, several important dynamics have emerged in the global economy and financial markets. Here are the current focus points:
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🌐 International Economic and Policy Dynamics
• U.S.-China tariff truce: The United States and China have reached an agreement in Geneva, both sides agreeing to cancel about 91% of mutual tariffs and suspend the implementation of the remaining 24% tariffs for 90 days. This move alleviates market concerns about a global economic recession and drives up global stock markets.
• Impact of U.S. auto tariff policy: The U.S. imposed a 25% tariff on major auto import countries like Mexico and Canada, leading to a 2.5% increase in the average price of new cars in April, with further price increases expected in the future.
• India-Pakistan ceasefire agreement: India and Pakistan reached a ceasefire agreement on May 10, with both foreign ministers confirming the agreement and noting the involvement of over thirty countries in mediation.
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📈 Financial Market Overview
• U.S. stocks rebound significantly: Influenced by the U.S.-China tariff agreement, major U.S. stock indices rose, with the Dow Jones Industrial Average rising over 1,000 points and the Nasdaq index increasing more than 4%.
• Taiwan stocks hit a new high: Driven by foreign buying, Taiwan stocks rose 200 points, closing at 21,330 points, setting a new high in this rebound.
• Nikkei index breaks 38,000 points: Influenced by the depreciation of the yen and the U.S.-China tariff agreement, Japan's Nikkei 225 index broke through 38,000 points, reaching a new high.
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💱 Exchange Rate and Bond Market Dynamics
• U.S. dollar index rises: The exchange rate of the U.S. dollar against major currencies rose, with the dollar index increasing by 1.44%, reporting at 101.788.
• U.S. bond funds attract capital inflow: U.S. bond funds attracted $10.7 billion in inflows over the past week, reversing the previous trend of capital outflows, indicating a renewed interest from investors in fixed-income assets.
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🇹🇼 Taiwan Economic and Industry Dynamics
• Listed companies achieve record revenue: The revenue of Taiwan's listed companies reached NT$4.05 trillion in April, a year-on-year increase of 15%, setting a historical high for the same period.
• Kaohsiung promotes AI startups: The Kaohsiung City Government successfully secured national-level AI computing resources to assist 9 startup companies in AI application development, promoting the development of the Asian Bay Innovation Ecosystem.
