EUR/USD
1.18288
0.061%
Gold
5010.41
1.154%
Oil
62.999
-0.477%
USD/JPY
156.774
-0.204%
GBP/USD
1.36094
-0.065%
GBP/JPY
213.363
-0.269%
Real-time News
The yield on Japans five-year government bonds rose 3 basis points to 1.715%.The yield on Japans two-year government bonds rose 1.5 basis points to 1.29%.On February 9th, Nan Hua Futures reported that a research report indicated the fundamentals for a platinum-palladium bull market remain intact in the medium to long term. It is expected that the Federal Reserve will maintain its loose monetary policy stance in the first half of 2026, and increased central bank gold purchases, safe-haven demand, and investment demand will continue to push precious metal prices higher. While the nomination of Walsh, a supply-side economist, as Fed Chair has raised concerns about a potential breakdown in the support logic for precious metals (as Fed balance sheet reduction boosts dollar credibility), the US lacks the conditions for producing another "Volcker" before a disruptive breakthrough in AI technology. Furthermore, there is a conflict between "Trumps urgent need to lower medium- and long-term interest rates under midterm election pressure" and "balance sheet reduction pushing up term premiums and driving up long-term interest rates." Although the Fed expanded its balance sheet at the end of December last year, resulting in marginal improvement in liquidity, narrow reserves remain low, and dollar liquidity is tighter than it has been since the pandemic. Under these multiple pressures, Walshs nomination has limited impact, and a trend of liquidity expansion is highly probable. Given the high volatility in platinum and palladium, position control is crucial. Due to the discontinuity between domestic and international trading sessions, the opening price of platinum and palladium often references the overnight trading session in other countries. Investors should pay attention to international market prices and be wary of opening gaps. (This content and opinion are for reference only and do not constitute any investment advice.)The Ministry of Commerce will hold a press conference at 3:00 p.m. on Thursday, February 12, 2026, where a spokesperson will introduce the relevant situation of key work in the commercial field recently and answer questions from reporters.On February 9th, reports surfaced that Samsung Electronics was about to begin mass production of HBM4 memory chips used to build artificial intelligence infrastructure, sending the companys stock price up 6.4%. According to Yonhap News Agency, the South Korean tech giant plans to ship the semiconductor to Nvidia, a leader in AI accelerators, as early as the third week of February. Industry sources say these HBM chips will power the US companys upcoming Vera Rubin AI accelerator. Samsungs progress in high-bandwidth memory development indicates it is closing the gap with domestic competitors. As of last Fridays close, Samsungs stock price had risen more than 30% this year, as rising memory chip prices benefited all major players in the industry. Samsung may also have benefited from AI-related gains in the US stock market linked to data center construction. The four largest hyperscale companies plans to spend approximately $650 billion this year also contributed to Nvidias stock price rising nearly 8% last Friday.
