EUR/USD
1.16388
-0.040%
Gold
4609.08
-0.384%
Oil
60.101
-1.435%
USD/JPY
158.317
-0.071%
GBP/USD
1.34328
-0.103%
GBP/JPY
212.669
-0.155%
Real-time News
On January 15th, Apple announced the expansion of Apple Pays cross-border payment support. Users holding Visa credit cards issued by the Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, Bank of Communications, China Merchants Bank, CITIC Bank, Ping An Bank, and Industrial Bank, as well as Visa debit cards issued by CITIC Bank, can use Apple Pay for cross-border payments after adding their cards to the Apple Wallet app. Visa credit cards issued by more banks, including Shanghai Pudong Development Bank, China Construction Bank, China Minsheng Bank, and China Everbright Bank, will support this feature in the coming months. Mastercard is also preparing to launch this feature for cardholders of select issuing banks in the coming months.January 15th - The National Australia Banks Q4 2025 Business Survey shows that the Australian economy is demonstrating strong resilience, with overall capacity utilization climbing to its highest level in 18 months. The banks data shows that capacity utilization rose to 83.3% in the quarter, up from 83.0% in Q3 and 82.4% in Q2. Faced with a worrying inflation outlook, the Reserve Bank of Australia (RBA) will certainly not ignore the increasingly prominent capacity bottlenecks in the economy at its February meeting. A growing number of economists are predicting an interest rate hike next month, or strategically opening the door to this possibility.January 15th - GSFM investment expert Stephen Miller stated that the Reserve Bank of Australia (RBA) has reason to raise interest rates in February. He pointed out that a significantly strong rebound in consumer spending and relatively robust labor market conditions make a rate hike more likely. If rates are not raised now, the RBA may have to take more aggressive measures in the future. He also mentioned that sluggish productivity growth and a sharp rise in unit labor costs have further exacerbated the RBAs predicament.The Peoples Bank of China (PBOC) announced today that it conducted 179.3 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 179.3 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.Hong Kong stocks opened lower, with the Hang Seng Index down 0.1%, the Tech Index down 0.55%, and Trip.com Group-S (09961.HK) down 14.98%.
