AUDUSD Hits Key Resistance Bullish Trend Likely

AUDUSD Hits Key Resistance Bullish Trend Likely

AUD/USD broke through the key resistance level of 0.6635, indicating bulls are in control and a short-term upward trend is likely. Watch for upside targets at 0.6659 and the resistance zone of 0.6688-0.6706. A break below 0.6635 could trigger a pullback. Traders should pay attention to Australian economic data, Federal Reserve monetary policy, and global risk sentiment. The pair's movement will likely be influenced by these factors, presenting both opportunities and risks.

RBI Steps In As Rupee Fluctuates Amid Trade Pressures

RBI Steps In As Rupee Fluctuates Amid Trade Pressures

The Indian Rupee rebounded following intervention by the Reserve Bank of India (RBI), but structural headwinds and trade tensions continue to exert pressure. Technical analysis indicates a fierce battle between bulls and bears at key price levels. Investors should adopt a cautiously optimistic approach, closely monitoring RBI policies, Indian economic data, global economic conditions, and trade friction developments to understand the Rupee's trajectory. Vigilance and a comprehensive understanding of these factors are crucial for navigating the Rupee's movements.

Guangdong Streamlines Crossborder Trade to Improve Business Climate

Guangdong Streamlines Crossborder Trade to Improve Business Climate

Guangdong Province has released the "Three Work Plans for Optimizing the Business Environment in 2026," focusing on facilitating cross-border trade. Through institutional innovation and service optimization, the plan aims to promote the high-quality development of "inbound consumption" and boost the quality and efficiency of cross-border consumption and new foreign trade models. The plan revolves around three key aspects: facilitation, standardization, and internationalization, with the goal of creating an efficient, fair, and transparent world-class business environment.

HS Code 5901901000 Tax Rates Impact Global Trade

HS Code 5901901000 Tax Rates Impact Global Trade

The HS code 5901901000 refers to oil painting canvases made from other textiles, with an export tax rate of 0%. This supports art trade, while both the value-added tax and export rebate are 13%. This code falls under the category of textile materials and products, contributing to the development of the art market.

Global Trade Secrets of 29 Series Chemical Compounds Unveiled

Global Trade Secrets of 29 Series Chemical Compounds Unveiled

This article delves into the main HS codes and corresponding chemicals for the series 29 compounds, analyzing their export tax rebate rates and regulatory requirements. By providing a detailed introduction to compounds such as dichloromethane, trichloromethane, and carbon tetrachloride, it assists readers in understanding relevant information to enhance the success rate of commercial transactions.