EUR/USD
1.17963
-0.087%
Gold
4920.75
-0.905%
Oil
63.420
-1.264%
USD/JPY
156.958
0.054%
GBP/USD
1.36350
-0.126%
GBP/JPY
214.017
-0.050%
Real-time News
February 5th - According to the latest statistics from the China Gold Association, in 2025, the total trading volume of all gold products on the Shanghai Gold Exchange reached 31,400 tons (62,900 tons bilaterally), a year-on-year increase of 1.02%; the total trading value reached RMB 24.93 trillion (RMB 49.86 trillion bilaterally), a year-on-year increase of 43.89%. The total trading volume of all gold futures and options on the Shanghai Futures Exchange reached 142,200 tons (284,500 tons bilaterally), a year-on-year increase of 56.10%; the total trading value reached RMB 88.97 trillion (RMB 177.94 trillion bilaterally), a year-on-year increase of 111.93%. In 2025, the total holdings of domestic gold ETFs increased by 133.118 tons, a 149.91% increase compared to the 53.266 tons increase in 2024. By the end of December, the holdings of domestic gold ETFs reached 247.852 tons.Gold stocks in the A-share market declined, with Hunan Silver hitting the daily limit down, and Xiaocheng Technology, Sichuan Gold, Hunan Gold, Zhaojin Gold, and Shandong Gold following suit.The yield on 40-year Japanese government bonds fell 2 basis points to 3.920%.February 5th - Canadian Prime Minister Mark Carney will announce a new system of fuel efficiency standards for cars and trucks to replace the electric vehicle mandate, which has faced strong resistance from the auto industry. The plan aims to preserve jobs in the auto manufacturing sector by providing better market access for companies producing cars in Canada. Since Trump imposed tariffs on foreign cars, thousands of Canadian auto workers have lost their jobs or remained unemployed. General Motors has already cut production in Canada, while Chryslers parent company, Stellantis, withdrew its decision to reopen a plant near Toronto. The previous electric vehicle rule required automakers to ensure that at least 20% of their sales were zero-emission vehicles in the near term. The vision was that by 2035, all new light-duty vehicles sold in the country would be electric. Automakers fought against these rules, arguing that the goals were unattainable, costly, would lead to higher prices, and reduce consumer choice. Last September, Carney pledged to review the rules.Hong Kong-listed chip stocks have been declining for several days, with Hua Hong Semiconductor (01347.HK) falling by more than 5%, and other stocks such as ASMPT (00522.HK), GigaDevice (03986.HK), SMIC (00981.HK), Biren Technology (06082.HK), and Shanghai Fudan (01385.HK) following suit.
