HOHHOT, China, Aug. 3, 2026 /PRNewswire/ -- The 2026 World Dairy Industry Conference officially commenced on August 1 in Hohhot, Inner Mongolia. Hosted by Yili Group, the Conference centered around the theme of Technology-driven, Partnership Oriented, Co-building a Sustainable Global Dairy Ecosystem. The prestigious event gathered leaders from international industry associations, distinguished academicians, and top executives from across the global dairy value chain.
Hohhot Officially Crowned World Dairy Capital
During the opening ceremony, the International Union of Food Science and Technology (IUFoST) officially presented Hohhot with the World Dairy Capital plaque and a commemorative award.
In her address, Dr. Pavinee Chinachoti, Executive President of IUFoST, emphasized that this title recognizes the city's persistent efforts in advancing the dairy industry. She added that this honor also aims to inspire pioneering enterprises like Yili Group to elevate the global health food sector and accelerate a future grounded in technological leadership and shared success.
Fostering Shared Value and Mutual Harmony
At the event, Pan Gang, Chairman and President of Yili Group, delivered a keynote speech titled Shared Value, Mutual Harmony, Building a New Global Dairy Ecosystem.
Addressing global challenges—ranging from rapid technological iteration and supply chain restructuring to climate change and evolving consumer demands—Pan Gang outlined Yili's strategic vision. He emphasized that the mission of a glass of milk is not just nourishing life but achieving World Integrally Sharing Health. Amidst industry transformations, he delivered China's answer to the global dairy industry by calling on all partners to join hands and forge a new path of shared value and mutual harmony.
Pan Gang noted that true innovation is never an island but an entire continent, highlighting how Yili pools global dairy wisdom to weave a strong innovation network. Regarding digital transformation, he described digital intelligence not as a solo act, but as a whole-chain symphony. To this end, Yili is currently driving vertical and horizontal integration to build a full-chain digital-intelligent ecosystem. He concluded by inviting global partners to embark on a journey of shared value in the spirit of mutual harmony, contributing the strength of the dairy industry to strengthen the foundation of human health and advance global well-being.
Unveiling Breakthrough Innovations
The opening ceremony also marked the official launch of the China (Global) Dairy Data Intelligent Hub and the Global Dairy High-Quality Datasets Factory.
Furthermore, the China National Technology Innovation Center for Dairy (NTICD) unveiled its Top 10 Innovation Achievements of 2026. These cover critical areas including dairy cow breeding, feed reduction and substitution technologies, probiotic strains for human milk research, large-scale production of lactoferrin, intelligent end-to-end inspection systems, and high-quality packaging recycling. These advanced technologies demonstrate a firm commitment to driving the high-quality and sustainable development of the global dairy industry.
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Yili Group Drives Innovation and Collaboration for a Sustainable Global Dairy Ecosystem at the 2026 World Dairy Industry Conference
Yili Group Drives Innovation and Collaboration for a Sustainable Global Dairy Ecosystem at the 2026 World Dairy Industry Conference
JAKARTA, Indonesia, Aug. 3, 2026 /PRNewswire/ -- JustMarkets just released an insight about how CPI surprises truly drive forex market volatility and How to prepare for it. On CPI day, the headline inflation number itself doesn't move the market—it's already priced in. Instead, the real driver for currency pairs like EUR/USD is the gap between actual figures and market expectations.
Even a 3.4% reading can cause the dollar weakness if traders expect higher inflation. And the opposite scenario – weaker numbers that beat consensus expectations may drive the dollar strength. According to Federal Reserve research, the price driver here is a surprise component rather than the headline.
"The true catalyst for forex volatility isn't the inflation figure itself, but how wildly it deviates from market consensus," said JustMarkets's representative. "Traders who focus solely on the headline often miss the real market drivers."
Why the Expectation Gap Is More Important Than the Level
Forex is driven by expectations for interest rate decisions. And inflation plays its role by impacting expectations for future central bank policy. This is the reason why identical numbers may cause completely opposite reactions at different times. It depends on how they compare to market positioning.
Main factors:
- Monthly CPI and core CPI
- Core services inflation
- Revisions to the previous period data
- Central banks policy pricing
Year-over-year data is less important in terms of price impact than monthly and core data.
How to Calculate Surprise
Start with the simplest metric: Surprise = Actual CPI − Consensus CPI.
Consensus comes from the economic calendar's forecast and reflects the market positioning. And then you need to check the market reaction through rates. The sequence typically runs: CPI surprise → change in front-end yields → USD movement → the sentiment adjustment.
Traders frequently employ this methodology in combination with the JustMarkets Economic Calendar to track high-impact releases in real time.
What the Intraday Move Actually Looks Like
CPI reactions usually happen in three stages. The first one is a headline shock with the potential algorithms' reaction within a few seconds. Then comes the interpretation stage, with a time frame of 15-60 minutes and analysis of core numbers and yield confirmation. And then either continuation or reversal happens.
Approaches to Trading CPI Day
There are two common approaches to CPI.
- The momentum approach requires the consistency of headlines and core surprises with yields' confirmation. Most traders wait until the first minute's candle is closed to avoid false signals.
- The fade approach requires dislocations like the absence of yield confirmation to FX movement or dislocations between headlines and core numbers. In this case, traders usually wait 10−20 minutes for exhaustion of the initial move and reversal setup search.
Risk management is crucial. Most traders limit their position size to 0.25%-0.50% of their equity because of widening spreads and slippage. Sometimes the decision to trade off is more optimal during extreme volatility than forced entry.
How to Prepare for the Next CPI Day Release
One way to get ready is to monitor EUR/USD, GBP/USD, USD/JPY pairs and an economic calendar with events' importance. The workflow is: Economic calendar → release → Trading platform.
The final step brings traders to the execution platform. Many turn to JustMarkets, which offers CFDs on these currency pairs, with execution stability and fast market access that make it well suited for high-volatility macro events.
Disclaimer: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and trade responsibly.
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JustMarkets unveils how CPI surprises drive forex market volatility
