EUR/USD
1.16917
0.031%
Gold
4465.60
-0.648%
Oil
56.134
-1.207%
USD/JPY
156.470
-0.125%
GBP/USD
1.35062
0.036%
GBP/JPY
211.336
-0.026%
Real-time News
Piper Jaffray: Raises its price target for Micron Technology (MU.O) from $275 to $400.Leapmotor: The Leapmotor Lafa5 has sold a total of 17,042 units in 35 days since its launch.January 7th - IKEA announced that it will cease operations of seven physical locations, including the IKEA Shanghai Baoshan Store, IKEA Guangzhou Panyu Store, IKEA Tianjin Zhongbei Store, IKEA Nantong Store, IKEA Xuzhou Store, IKEA Ningbo Store, and IKEA Harbin Store, effective February 2, 2026. IKEA plans to open more than ten smaller stores over the next two years, including the IKEA Dongguan Store scheduled to open in February 2026 and the IKEA Beijing Tongzhou Store scheduled to open in April 2026.January 7th - Hong Kong stocks closed at midday with the Hang Seng Index down 1.01% and the Hang Seng Tech Index down 1.65%. On the sector front, innovative drugs, batteries, rare earth concepts, non-ferrous metals, and catering sectors led the gains, while film and entertainment, short video concepts, automobiles, mobile games, and oil sectors led the declines. Tigermed (03347.HK) rose nearly 6%, while Jinli Permanent Magnet (06680.HK) and Luoyang Molybdenum (03993.HK) rose over 5%, Jiumaojiu (09922.HK) rose over 4%, and WuXi AppTec (02359.HK), Hansoh Pharmaceutical (03692.HK), and Hua Hong Semiconductor (01347.HK) rose over 3%. NetEase Cloud Music (09899.HK) fell over 6%, Alibaba (09988.HK) fell over 4%, and PetroChina (00857.HK), NIO (09866.HK), and BYD (01211.HK) fell over 3%. Baidu (09888.HK) saw a short-term surge and turned positive intraday, driven by news that its AI chip subsidiary, Kunlun Chip, plans to raise up to $2 billion in a Hong Kong IPO.January 7th, Futures News: Economies.com analysts latest view: WTI crude oil futures have fallen sharply in recent intraday trading, influenced by the negative pressure of the EMA50, indicating weak momentum and currently imposing clear limitations on any bullish rebound attempts. Although oversold levels have been reached, the Relative Strength Index (RSI) is also sending negative signals, indicating that selling pressure remains dominant under the prevailing short-term bearish trend, foreshadowing technical signals that could threaten future profit-taking attempts.
