EUR/USD
1.17506
-0.034%
Gold
4957.44
0.436%
Oil
59.675
0.151%
USD/JPY
158.545
0.080%
GBP/USD
1.34967
-0.039%
GBP/JPY
213.988
0.056%
Real-time News
On January 23, the Shenzhen Municipal Peoples Procuratorate of Guangdong Province, after review in accordance with the law, filed a public prosecution with the Shenzhen Intermediate Peoples Court of Guangdong Province against 30 defendants, including Sui Guangyi and Ma Xiaoqiu, for committing illegal fundraising crimes in Shenzhen and other places through Shenzhen Dingyifeng Asset Management Co., Ltd., Hong Kong Dingyifeng International Holdings Group Co., Ltd. and its affiliated companies. The prosecution charges include crimes such as fundraising fraud, illegally absorbing public deposits, money laundering, embezzlement, illegally crossing national (border) boundaries, and providing false documents.On January 23, Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, stated, “Given the continued high level of uncertainty surrounding the election and subsequent parliamentary sessions, it will be difficult for the Bank of Japan to take any policy action. If the yen falls below 160 against the dollar, the Bank of Japan will have no choice but to take action, but I expect monetary intervention to be the first step. If the yen continues to weaken, the political environment may become more tolerant of interest rate hikes, increasing the likelihood of an earlier rate increase. As for rising bond yields, since this is mainly driven by Japanese political factors, it will be difficult for the Bank of Japan to intervene and increase its purchases of Japanese government bonds. Doing so would run counter to the process of normalizing monetary policy.”On January 23, the Shanghai Headquarters of the Peoples Bank of China released its 2025 report on Shanghais monetary and credit operations. The data shows that in 2025, RMB loans in Shanghai increased by 773.4 billion yuan, and RMB deposits increased by 2.35 trillion yuan. Regarding loans, at the end of December, the outstanding balance of RMB and foreign currency loans in Shanghai was 13.07 trillion yuan, a year-on-year increase of 6.5%. The outstanding balance of RMB loans was 12.47 trillion yuan, a year-on-year increase of 6.6%; the outstanding balance of foreign currency loans was 85.5 billion US dollars, a year-on-year increase of 6.4%. In 2025, among RMB personal deposits, time deposits increased by 319.9 billion yuan, a decrease of 201.3 billion yuan year-on-year; demand deposits, large-denomination certificates of deposit, structured deposits, and call deposits increased by 151.9 billion yuan, 91.4 billion yuan, 17.1 billion yuan, and 6.6 billion yuan respectively, an increase of 43.3 billion yuan, 46.2 billion yuan, 33.1 billion yuan, and 120 billion yuan respectively year-on-year.The yield on Japans two-year government bonds rose to 1.245%, a new high since 1996.The yield on Japans 40-year government bonds continued to fall, last dropping 5.5 basis points to 3.940%.
