EUR/USD
1.17630
0.149%
Gold
4373.81
1.270%
Oil
57.560
0.226%
USD/JPY
156.703
0.021%
GBP/USD
1.34856
0.092%
GBP/JPY
211.328
0.127%
Real-time News
The Hong Kong dollar 1-week interbank offered rate (HIBOR) saw its biggest drop since May.January 2nd - On the first day of the 2026 New Years Day holiday, the Hengqin Port achieved a "flying start" for cross-border travel. According to statistics from the Hengqin Border Inspection Station of the Zhuhai Border Inspection General Station, a total of 147,000 inbound and outbound passengers were inspected on January 1st, setting a new record for single-day passenger flow at the port, representing an 84% year-on-year increase. Among them, more than 100,000 were mainland tourists traveling to Macau, accounting for 71% of the total passenger flow that day. Meanwhile, more than 11,000 vehicles were inspected, of which more than 7,000 were single-license plate vehicles, accounting for approximately 63%.The Singapore dollar strengthened slightly against the US dollar in Asian trading on January 2nd. Earlier data released by the country showed GDP growth of 4.8% in 2025, which likely provided support for the Singapore dollar. "The GDP growth was impressive, marking a significant upward revision to previous forecasts, which had predicted slower growth," said Selena Ling, chief economist at OCBC Bank, in an email. She added, "This reflects the resilience of the global economy and export demand, some advance action ahead of the pressure of reciprocal tariffs, and broad-based growth in key sectors."January 2nd - The Stoxx Europe 600 Banks Index is projected to surge over 60% by 2025. Benjamin Goy, Head of European Financial Research at Deutsche Bank, stated, "European banks are well-capitalized, with most, if not all, in a state of significant excess capital." The core issue facing bank management is how to manage this excess capital. Share buybacks and dividends are common methods with relatively low execution risk. However, Goy predicts that the focus will shift to external growth, particularly M&A activity, in 2026. "This is precisely what the industry has lacked for the past decade. Management confidence is returning, investor support is growing, and announced deals typically boost earnings per share, explaining why acquiring companies share prices often rise. We expect such activity to increase further."Nasdaq futures rose 0.58%, and S&P 500 futures rose 0.39%.
