EUR/USD
1.16335
-0.085%
Gold
4602.00
-0.537%
Oil
59.892
-1.778%
USD/JPY
158.588
0.100%
GBP/USD
1.34366
-0.075%
GBP/JPY
213.090
0.043%
Real-time News
On January 15th, Yan Xiandong, Director of the Survey and Statistics Department of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that by the end of 2025, the total assets of asset management products reached 119.9 trillion yuan, a year-on-year increase of 13.1%. This includes 34.5 trillion yuan in bank wealth management products, 14.8 trillion yuan in public funds, 22.8 trillion yuan in asset management trusts, and 21.6 trillion yuan in asset management products from insurance companies, securities firms, funds, futures companies, and financial asset investment companies. On the one hand, in 2025, funds raised by asset management products from households and non-financial enterprises increased by 4 trillion yuan and 1 trillion yuan respectively, exceeding the total for 2024 by 337.9 billion yuan and 200 billion yuan respectively. On the other hand, in 2025, deposits and certificates of deposit, the underlying assets of asset management products, increased by 4.6 trillion yuan, accounting for nearly half of the total new underlying assets of asset management products.On January 15th, Suren Thiru, Director of Economic Affairs at the Institute of Chartered Accountants in England and Wales, stated that the UKs economic recovery in November reduced the likelihood of a Bank of England rate cut in February. He pointed out that the 0.3% month-on-month GDP growth in November gave Monetary Policy Committee members, who remained concerned about inflation, sufficient confidence to postpone their vote on easing monetary policy given the economic situation. Current data suggests that the UK economy will achieve moderate growth in the fourth quarter of 2025, and the easing of uncertainty following the budget may have supported growth in December. However, he also noted that the economic recovery may not trigger a sustained recovery. While lower inflation provided a boost, weak consumer spending and increased tax burdens could mean even weaker economic growth in 2026.On January 15, Xiao Sheng, Director of the Capital Account Management Department of the State Administration of Foreign Exchange, stated at a press conference held by the State Council Information Office that the State Administration of Foreign Exchange will orderly promote high-level institutional opening-up of capital accounts in areas such as direct investment, securities investment, and cross-border financing. The next step will be to further study and optimize relevant policies for Qualified Foreign Institutional Investors (QFII) and continue to orderly issue investment quotas for Qualified Domestic Institutional Investors (QDII).On January 15th, Yan Xiandong, Director of the Survey and Statistics Department of the Peoples Bank of China, stated that as of the end of November 2025, the outstanding loan balance for the "Five Major Financial Tasks" reached 107.7 trillion yuan, a year-on-year increase of 12.8%. The interest rate on newly issued loans was 0.42 percentage points lower than the same period last year, with the interest rate for newly issued loans in the technology sector at 2.81% and the interest rate for newly issued loans in the digital economy industry at 2.7%.On January 15, Yan Xiandong, Director of the Survey and Statistics Department of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that by the end of 2025, the outstanding balance of RMB loans from financial institutions will increase by 6.4% year-on-year. If the impact of local government special bond replacement on loans is taken into account, the growth rate will be around 7%. The total new RMB loans for the year will reach 16.27 trillion yuan, indicating that the financial systems credit support for the real economy remains at a high level.
