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February 9th – At a regular press conference on February 9th, Foreign Ministry Spokesperson Lin Jian addressed a reporters question regarding the Japanese House of Representatives election. Lin Jian stated that China urges the ruling Japanese authorities to face up to, rather than ignore, the concerns of the international community, and to follow the path of peaceful development rather than repeating the mistakes of militarism. He stressed the need to abide by the four political documents between China and Japan, rather than betray them. He asserted that if the far-right forces in Japan misjudge the situation and act recklessly, they will inevitably face resistance from the Japanese people and a strong counterattack from the international community. Chinas policy towards Japan remains stable and consistent and will not change due to any single Japanese election. He reiterated Chinas urging to Japan to retract its erroneous remarks regarding Taiwan made by Kaohsiung City and demonstrate its basic sincerity in upholding the political foundation of China-Japan relations through concrete actions.February 9th - Data from the Comprehensive Transportation Spring Festival Travel Rush Task Force shows that on February 8th, 2026 (the 7th day of the Spring Festival travel rush, the 21st day of the twelfth lunar month, Sunday), the total cross-regional passenger flow reached 227.713 million person-times, an increase of 2.3% compared to the previous day and 2.3% compared to the same period in 2025 (Monday). Among them, railway passenger volume was 13.442 million person-times, a decrease of 2.7% compared to the previous day and 1.1% compared to the same period in 2025.According to TASS, Russian Foreign Minister Lavrov stated that Russia remains open to cooperation with the United States, but it is the United States itself that is creating artificial obstacles.February 9th Futures News: On February 9th, the Shanghai Futures Exchanges energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 131,447 tons, unchanged from the previous trading day; 2. Pulp futures mill warehouse receipts: 15,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 3,880 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day. 6. Petroleum asphalt futures warehouse receipts: 13,580 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 26,490 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,464,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 23,140 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.February 9th, Futures News: As of 15:00 Beijing time, spot platinum rose 0.50%, and spot palladium rose 3.81%.

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


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The DAX is falling as industrial output declines.


After a slaughter on Wall Street that saw the Nasdaq finsh 5% down, European equities have begun in the red, extending losses from the previous day.


Fears of inflation, stagflation, and recession are weighing on the market as we approach the weekend. The DAX is expected to shed 1.4 percent this week, marking the fifth consecutive week of losses.


In March, German industrial output decreased -3.9 percent on a month-over-month basis, down from 0.2 percent in February and considerably below the -1 percent drop forecast. The negative report comes on the heels of a sharp drop in German manufacturing orders in March. The data represents the economic effect of the Russian conflict on Germany and the Eurozone as a whole.


Germany does not have any additional statistics due today. Sentiment and the US NFP announcement will affect European indexes.