EUR/USD
1.16064
-0.011%
Gold
4602.56
-0.292%
Oil
59.129
0.008%
USD/JPY
158.575
-0.024%
GBP/USD
1.33804
-0.013%
GBP/JPY
212.190
-0.024%
Real-time News
On January 16th, Minister of Commerce Wang Wentao stated in a recent interview that this year, my country will focus on key and potential sectors such as transportation, domestic services, performances, and sports events to actively cultivate new growth points in service consumption. This year, my country will also focus on new sectors and offline entities, optimizing the implementation of the trade-in policy for consumer goods. Support policies will be improved, unreasonable restrictive measures will be eliminated, and new growth points in service consumption will be actively cultivated. In 2026, the trade-in program for consumer goods will provide stronger support for green and intelligent products, requiring home appliances to meet first-level energy efficiency or water efficiency standards for trade-ins, and subsidies for new purchases will be included for smartwatches, smart bracelets, and smart glasses. We will also actively support offline physical retail, encouraging offline stores to leverage their comparative advantages, create diversified consumption scenarios, enhance the consumer experience, and promote balanced development between online and offline channels.January 16th - The US dollar is poised for its third consecutive weekly gain on Friday. This followed positive US economic data that reduced market expectations for a near-term interest rate cut by the Federal Reserve. The federal funds futures market has pushed back its expectation of the next rate cut to June, citing improved employment data and concerns from central bank policymakers about inflation. Capital Markets analyst Kyle Rodda wrote in a report, "The dollar has been relatively strong at the beginning of the year. Better-than-expected weekly US jobless claims and some manufacturing surveys have reduced the probability of an imminent Fed rate cut."On January 16th, Minister of Commerce Wang Wentao stated in a recent interview that this year, my country will comprehensively promote trade in goods, services, and digital trade to stabilize foreign trade. Expanding diversified markets is crucial. We will successfully host important exhibitions such as the Canton Fair to attract more overseas buyers and increase support for enterprises participating in overseas exhibitions. We will guide the healthy and standardized development of new forms and models of foreign trade, such as cross-border e-commerce. my country has reached 23 free trade agreements with 30 countries and regions, and we will support and guide enterprises to make good use of these agreements to expand trade. This year, my country will also vigorously develop trade in services, improve the negative list management system for cross-border service trade, and orderly relax market access in the service sector. Following the principle of "one policy for one industry," we will promote the introduction of a series of more effective policies and measures to accelerate the export of productive services, encourage professional service institutions to improve their international service capabilities, and leverage innovation advantages in artificial intelligence, the digital economy, and biomedicine to expand the export of emerging services such as R&D, design, consulting, testing, and maintenance, thereby cultivating new growth points for foreign trade.On January 16, Chuanyi Technology stated on its interactive platform that the first phase of its sodium-ion battery project went into production in 2023, while the second phase is still under construction; the company currently has no cooperation with Unitree Technology.The Peoples Bank of China (PBOC) announced today that it conducted 86.7 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 86.7 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.
