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1. Xiaomi Auto: January deliveries exceeded 39,000 units. 2. XPeng Motors: January deliveries totaled 20,011 new vehicles. 3. Great Wall Motors: January sales of new energy vehicles reached 18,029 units. 4. Voyah: January deliveries reached 10,515 units, a year-on-year increase of 31%. 5. Wenjie Auto: January deliveries reached 40,016 units, a year-on-year increase of 83%. 6. SAIC-GM: January terminal deliveries reached 51,005 units, a year-on-year increase of 8.2%. 7. HarmonyOS: January cumulative deliveries reached 57,915 units, a year-on-year increase of 65.6%. 8. Leapmotor: January deliveries reached 32,059 units, a year-on-year increase of 27%. 9. GAC Group: January new energy vehicle sales reached 26,000 units, a year-on-year increase of 162.9%. 10. Seres: January new energy vehicle sales reached 43,034 units, a significant year-on-year increase of 140.33%. 11. Chery Automobile: The groups total sales across its five brands in January were 191,496 vehicles, a year-on-year decrease of 10.7%. 12. Geely Automobile: In January, new energy vehicles accounted for 46% of sales, totaling 124,252 units, a year-on-year increase of 3%. 13. GAC Trumpchi: In January, total sales across its entire lineup reached 26,937 units, a month-on-month increase of 25.07% and a year-on-year increase of 2.06%. 14. NIO: In January, 27,182 new vehicles were delivered, a year-on-year increase of 96.1%. Cumulative deliveries have reached 1,024,774 units. 15. Li Auto: In January, 27,668 new vehicles were delivered. As of January 31, 2026, the historical cumulative deliveries will be 1,567,883 units. 16. BYD: In January 2026, new energy vehicle production was 232,358 units, a year-on-year decrease of 29.13%; sales were 210,051 units, a year-on-year decrease of 30.11%.Chery Automobile: In January 2026, the groups total sales of its five major brands were 191,496 vehicles, a year-on-year decrease of 10.7%.February 1 – Ukrainian President Volodymyr Zelenskyy announced that a new round of trilateral talks will be held in Abu Dhabi on February 4 and 5. He stated that Ukraine is ready for substantive dialogue and hopes that the outcome of these negotiations will lead to a genuine and dignified end to the conflict.February 1st - In January 2026, Geely Automobile sold 270,167 vehicles, a 14% increase month-on-month, with overseas exports more than doubling year-on-year. New energy vehicles accounted for 46% of sales, totaling 124,252 units, a 3% year-on-year increase.Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation: We have never found the two nuclear submarines that Trump mentioned being sent to the Russian coast.

As Oil Bulls Relax And US Inflation Is Monitored, USD/CAD Recovers Around 1.3350

Daniel Rogers

Feb 13, 2023 14:42

 USD:CAD.png

 

The USD/CAD rebounds from a five-week low. After a solid employment report and an increase in oil prices, Loonie bears joined the market. Before the release of the US CPI, aggressive Fed comments and good US data test sellers.

 

After falling the most in five weeks the previous day, the USD/CAD is fluctuating around the middle of the 1.3300s in the early Asian session on Monday. Ahead of US Consumer Price Index (CPI) data, the Loonie/U.S. dollar pair exhibits market consolidation amid mixed US signals.

 

After a strong Canadian employment report and a rise in WTI crude oil prices, the Loonie pair dropped the most since the beginning of January.

 

WTI crude oil reached a new monthly high of $80.48 the day before, despite market rumors that Russia may reduce oil production by 500,000 barrels in March to counter European penalties.

 

The Net Change in Employment for January in Canada increased to 150K from 15K expected and 69.2K revised. The unemployment rate was 5.0%, not 5.1%.

 

As evidenced by BoC Governor Tiff Macklem's dovish comments, the stronger Canadian employment report makes it tougher for the Bank of Canada to pause its rate hike trajectory, benefiting USD/CAD bears.

 

Nevertheless, preliminary US University of Michigan (UoM) Consumer Sentiment for February increased to 66.4 from 65.0 anticipated and 64.9 previously. This month, the UoM announced that inflation forecasts for the coming year jumped to 4.2% from 3.9% in January and 4.4% in December. UoM said that long-term inflation estimates (5-year) stayed at 2.9% for the third consecutive month and remained within a narrow band of 2.9% to 3.1% for 18 of the last 19 months. Friday, the US Bureau of Labor Statistics adjusted the December Consumer Price Index (CPI) from -0.1% to 0.1% based on revised seasonal adjustment variables.

 

Recent contradicting statements from Richmond Federal Reserve (Fed) President Thomas Barkin and the US-China dispute over "unidentified objects" appear to challenge sentiment and boost the USD due to its safe-haven status.

 

S&P 500 Futures decrease as interest rates on US Treasury bonds increase, benefiting the US Dollar and USD/CAD buyers ahead of critical US inflation data.

 

Due to reports of a Fed policy shift, USD/CAD traders should monitor risk catalysts before to the January US Consumer Price Index (CPI) release on Tuesday.


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