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February 22nd - NIOs official Weibo account announced that on February 21st, 2026 (the fifth day of the Lunar New Year), NIOs battery swap service reached a record high of 175,976 transactions. This marks the fourth consecutive day of record-breaking performance since the start of the Year of the Horse.The China Earthquake Networks Center officially determined that a magnitude 4.0 earthquake occurred in Qinghe County, Altay Prefecture, Xinjiang, at 09:29 on February 22, with a focal depth of 10 kilometers.February 22nd - According to data from Maoyan Professional Edition, the movie "Night King" has grossed over 40 million yuan in just three days since its release.On February 22, the 10th National Assembly election in Laos officially commenced. Voting across the country began at 8:00 AM local time (9:00 AM Beijing time). The newly formed National Assembly will elect a new President and Prime Minister, among other national leaders, and approve a new cabinet. The Lao National Assembly is the highest organ of state power and the legislative body, with each term lasting five years.On February 22, the U.S. Department of Justice announced an investigation into Netflixs (NFLX.O) proposed $72 billion acquisition of Warner Bros. Discovery (WBD.O), examining the streaming giants market conduct and whether it exerted anti-competitive influence on creators during negotiations to acquire programming rights. The Justice Department is seeking to determine whether the deal "could materially reduce competition or be designed to create a monopoly, thereby violating Section 7 of the Clayton Act or Section 2 of the Sherman Act." According to sources familiar with the matter, the request has been sent to an independent film studio. This is the first clear indication that the Trump administration is no longer simply following standard procedures in its investigation of the acquisition, but rather employing a more in-depth investigative approach. This contradicts Netflixs claims in recent weeks that the government has not engaged in any procedures outside of normal procedures.

Gold Price Forecast: XAU/USD views $1,800 as upbeat US labor market fuels hawkish Fed wagers

Alina Haynes

Mar 09, 2023 13:55

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Gold price (XAU / USD) appears vulnerable above $1,810.00 as the upside appears constrained by rising Federal Reserve rate expectations (Fed). The precious metal is anticipated to resume its decline as strong United States Employment data reported by Automatic Data Processing (ADP) has confirmed that January's strong consumer spending and higher payrolls were not a one-time blow to the Consumer Price Index's decline (CPI).

 

S&P500 futures have given up the slight gains they made on Wednesday during the Asian session. As China's CPI and Producer Price Index (PPI) figures indicate deflation, the risk-aversion theme has intensified. The US Dollar Index (DXY) has maintained a sideways trend above 105.20 as investors await the publication of US Nonfarm Payrolls (NFP) data for fresh direction signals. The alpha provided by 10-year US Treasury bonds has risen above 3.98 percent.

 

The official US Employment data is expected to indicate a decline in the payrolls to 203K from the former release of 514k. A figure of 203K is not as terrible as January's 514K figure, but it appears insignificant in comparison. Investors should be aware that a figure of 514K in the last seven months was exceptional.

 

Aside from that, it is anticipated that the unemployment rate will remain at a multi-decade low of 3.4%. The Average Hourly Earnings are expected to ascend to 4.8% on an annual basis. Household income may increase consumer expenditure. Jerome Powell, the chairman of the Federal Reserve, has already confirmed that the Fed will increase interest rates in order to reduce inflation.


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