EUR/USD
1.17886
0.100%
Gold
4819.44
0.868%
Oil
63.416
0.782%
USD/JPY
156.691
-0.215%
GBP/USD
1.35500
0.143%
GBP/JPY
212.321
-0.054%
Real-time News
JPMorgan Chase lowered its price target for Roblox (RBLX.N) from $100 to $75.Hong Kong-listed new energy vehicle stocks fluctuated higher, with NIO-SW (09866.HK) rising over 6%, Li Auto (02015.HK) and Leapmotor (09863.HK) both rising over 4%, and BYD (01211.HK), Geely Automobile (00175.HK), GAC Group (02238.HK), and Xiaomi Group (01810.HK) also following suit.February 6th - The 2026 National Postal Market Supervision Work Conference was held in Quanzhou, Fujian Province on February 5th. The conference outlined six key tasks for 2026: focusing on improving the quality and expanding the industry, implementing the "three improvements" work plan; focusing on enhancing the ability to prevent and resolve risks, maintaining industry stability; focusing on alleviating the urgent needs and concerns of delivery personnel, improving service management; focusing on implementing the real-name registration system for mail and parcels, building a solid security barrier for delivery channels; focusing on rectifying internal competition within the express delivery industry, establishing a standardized and orderly competitive ecosystem; and focusing on implementing the "Interim Regulations on Express Delivery," promoting the green transformation and development of the industry.According to the Wall Street Journal: Sources say xAIs investors believe the startups future is closely intertwined with that of Tesla CEO Elon Musks company. The merger between SpaceX and xAI is predicated on capital flows into the artificial intelligence startup.February 6th - Takehiko Nakao, a former senior foreign exchange official in Japan, stated that while using foreign exchange reserves for currency intervention can have an immediate impact on the market, its effects will be more lasting if combined with sustained interest rate hikes. Nakao served as Vice Minister of Finance for International Affairs from 2011 to 2013. He said, "Using actual funds for intervention can have a strong impact on the market, but if the Bank of Japan simultaneously demonstrates a clear commitment to sustained interest rate hikes, its effects will be more lasting." The Bank of Japan raised interest rates to 0.75% last December, but real borrowing costs remain deep in negative territory. Nakao attributed the yens weakness to the Bank of Japans continued dovish stance, stating that the slow pace of interest rate hikes has resulted in a significantly negative inflation-adjusted interest rate in Japan, and a widening interest rate differential between the US and Japan. He added, "Appropriately responding to inflation through interest rate hikes may also curb excessive jumps in long-term Japanese government bond yields." He warned that if the Bank of Japan delays raising interest rates, the yen could weaken further, and mentioned Warshs nomination as the next Federal Reserve Chairman. He stated, "Wash would likely believe that a strong and stable dollar is in the U.S. interest."
