EUR/USD
1.18739
0.030%
Gold
5032.54
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152.752
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1.36557
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Real-time News
The Dow Jones Industrial Average rose 48.95 points, or 0.10%, to close at 49,500.93 on Friday, February 13; the S&P 500 rose 3.41 points, or 0.05%, to close at 6,836.17; and the Nasdaq Composite fell 50.48 points, or 0.22%, to close at 22,546.67.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with British Foreign Secretary Cooper on the sidelines of the Munich Security Conference on February 13. Wang Yi stated that both China and the UK are major world powers and permanent members of the UN Security Council, each bearing the responsibility of maintaining international peace and security. They should maintain regular exchanges, strengthen strategic coordination and communication, expand common interests, and safeguard world peace and development. Prime Minister Starmer recently made a successful historic visit to China, restarting Sino-British relations. President Xi Jinping and Prime Minister Starmer agreed to develop a long-term, stable, and comprehensive strategic partnership, reaching broad consensus on bilateral and multilateral cooperation, responding to the expectations of all sectors for the stable development of Sino-British relations. Wang Yi said that both sides should implement the consensus reached by the leaders of the two countries, continuously release the positive effects of bilateral relations, and explore more cooperation potential. Both sides should successfully hold the new round of economic and financial dialogue, the Joint Economic and Trade Commission meeting, and the Sino-British Strategic Dialogue, resume normal exchanges between the two countries legislative bodies, and strengthen people-to-people exchanges. China supports free trade and opposes any form of protectionism. We welcome companies from the UK and other countries to invest in China, make good use of platforms such as the China International Import Expo, and expand exports to China. We hope that the UK will provide a fair, just, and non-discriminatory business environment for Chinese companies.U.S. stocks closed on Friday with the Dow Jones Industrial Average up 0.1%, the S&P 500 up 0.05%, and the Nasdaq Composite down 0.22%. Major tech stocks were mixed: Apple (AAPL.O) fell 2.27%, Nvidia (NVDA.O) fell 2.21%, SanDisk (SNDK.O) fell 0.59%, Oracle (ORCL.N) rose 2.34%, and Qualcomm (QCOM.O) rose 1.61%.February 14th - On the afternoon of the 13th local time, thick smoke was seen billowing from the direction of the Nik López oil refinery in Havana, the capital of Cuba, suspected to be a fire.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with US Secretary of State Marco Rubio on the sidelines of the Munich Security Conference on February 13. Wang Yi stated that President Xi Jinping and President Trump have provided strategic guidance for the development of China-US relations. We should work together to implement the important consensus reached by the two heads of state, making 2026 a year in which China and the US move towards mutual respect, peaceful coexistence, and win-win cooperation. Dialogue is better than confrontation, cooperation is better than conflict, and win-win is better than zero-sum in China-US relations. As long as we uphold the principles of equality, respect, and mutual benefit, both sides can find ways to resolve each others concerns and properly manage differences. Both sides should work together to continuously expand the list of cooperation and reduce the list of issues, so that China-US relations can embark on a stable, healthy, and sustainable development track, sending a more positive message to the world. Both sides agreed that the meeting was positive and constructive. Both sides agreed to jointly implement the important consensus reached by the two heads of state, leverage the coordinating role of political and diplomatic channels, serve high-level interactions between the two countries, strengthen dialogue and cooperation in various fields, and promote the stable development of China-US relations.
