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Today's news:

1. On August 6, the trading industry sector moved up, rising 1.52% intraday. Among them, Gengxing shares led the gains with 10.1%, Kairuide rose by more than 10%, Runbei Hangke rose by more than 3%, and Huihong Group and Huazhi Liquor Store rose by more than 2%. The real-time capital flow of the sector shows that the net outflow of super large orders on that day was 39.1173 million yuan, and the net income of small orders was 54.4627 million yuan.

2. According to an Agence France-Presse report on August 6, World Trade Organization Director-General Ngozi Okonjo-Iweala said on July 30, "These are troubling times for global trade," in the organization's annual report. In an atmosphere of political tension and against the backdrop of the climate crisis, we see protectionism and unilateral policy measures increased." She also noted that trade may be starting to fragment along geopolitical lines, but opportunities remain. The future of trade lies in services, digitalization, and the green economy.

3. TrendForce reports that VR/MR equipment shipments will reach 37.3 million units by 2030, with a compound annual growth rate of 23% from 2023 to 2030.

4. The Paper: On the afternoon of August 5, in response to rumors related to the listing, Honor responded to reporters, "We always adhere to the principle of open and transparent development and will continue to diversify our shareholding structure." Honor plans to launch the corresponding joint-stock reform in the fourth quarter and will initiate the IPO process in due course.

5. The Korea Trade Commission announced that, in response to Korean manufacturer Korea Kolon Industrial Co., Ltd.'s application submitted on May 31, it would launch an anti-dumping investigation into petroleum resin in mainland China and Taiwan.

6. China Business News reported that Apple will assemble the iPhone 16 series in India through its partners this year. Analysts noted that while India can produce some basic models, high-end models such as the Pro and Pro Max will continue to be produced in China with no changes expected.

7. The main factors for the sharp decline in Japanese stocks are: first, the appreciation of the yen. The Bank of Japan raised interest rates, triggering a rise in yen value. Against this background, overseas investors began to sell stock index futures. Second, the U.S. economic recession forecast is concerning. New non-farm payrolls in the United States fell to 114,000 in July, below expectations of 175,000. Third, the semiconductor sector is down. With semiconductors making up about 20% of the Nikkei Index, concerns about the escalation of U.S. semiconductor export controls have pressured the Japanese semiconductor sector.

8. Looking ahead, we need to determine whether a global recession will occur within the year. If a global recession happens during the year, the yen exchange rate may further appreciate, and Japanese stocks may fall further. Conversely, the room for a sharp appreciation of the yen exchange rate may be relatively limited, and Japanese stocks may rebound.

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Today’s exchange rate:

1 USD = 7.1510 RMB

1 EUR = 7.8018 RMB

1 GBP = 9.0843 RMB

Today's Insights: 4 Words to Wake You Up Instantly When You Are Anxious

Table of Contents

01: It’s Not the Difficulty Itself That’s Holding You Back

It's an imaginary negative suggestion. In life, some of our anxious emotions arise not because of how difficult the difficulties at hand are, but because we create too many negative hints in our hearts.

Allow yourself to wallow in anxiety and irritability. On the same day, you can choose to live in trouble, or you can choose to live happily. Anxiety is like carrying your luggage when you take the bus, you carry it on your shoulders.

If you put it on the ground, the car won't arrive earlier because of it. If you put it on the ground, the car won't arrive later because of it. When you are affected by negative cues, it is better to calm down, find a suitable solution, and focus on the action at hand. Only a person who dares to face difficulties can expel anxiety from their hearts.

02: Take a Long-Term Perspective

Look at the current issues. Most anxiety bothers us because we take a "close-up" view of it, thereby overestimating the risks and negative impacts of an event on us.

Therefore, a simple and effective way to alleviate anxiety is to look at the problem from a longer-term perspective. Is the problem serious on a yearly scale? What about five years? What about longer?

Once you start to feel anxious and overwhelmed with problems, try mentally "zooming out." You may find that the risks and challenges that are right in front of you are actually thousands of miles away from you, but you were trapped by the "close-up" before and couldn't see the vast distance between them. Just stay away.

03: Anxiety is Not Weakness

It means you've been trying to be strong for too long. Maybe you have also had the idea of ​​"wanting to do many things at the same time, but also want to see results immediately." When you think you have too much to do, only to find that you have so many things to deal with and have to deal with one problem after another, you tend to feel anxious.

Imperfection can be beautiful. You can ask yourself another question, "What if I just need to push things one step further? How to do?"

After thinking about this problem clearly, just focus on doing this thing, and wait until it comes to an end before talking about other things. In this way, it will be easier for you to get the positive feedback of "moving forward" which will make you more confident and go into battle lightly.

04: Try to Divert Attention

Develop simple hobbies. When people are anxious, they tend to feel frustrated, feel that they can't do anything well, and gradually lose confidence in life. At this time, you can try to train yourself to take up simple hobbies to divert your attention.

For example, you can do painting or flower arranging to calm down your mind; or you can participate in sports activities, such as running and skipping, to release your worries through sweat.

There is a saying: "People must have interest in life to have vitality. Interest in life is the happiness experienced in life, and vitality is the power needed for the unfolding of life." With hobbies in life, life will have vitality and energy, and you will have the courage and confidence to relieve anxiety.

about author - daniel

About Author - Cartney Piers

With extensive experience in the power tools industry, and her expertise in power tools import and export, combined with a strong business background, ensures our readers receive knowledgeable and timely news. Efficient and smart, Cartney excels in delivering high-quality content that resonates with B2B wholesalers and importers. Outside of writing, she enjoys exploring new technologies and staying ahead of industry trends.

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