EUR/USD
1.19625
0.074%
Gold
5399.35
-0.313%
Oil
65.177
2.915%
USD/JPY
153.144
-0.171%
GBP/USD
1.38006
-0.049%
GBP/JPY
211.350
-0.204%
Real-time News
Senior regulatory officials: Californias air regulator is meeting with Detroit automakers to discuss the next phase of the states zero-emission vehicle program.January 30 - Ukrainian President Volodymyr Zelenskyy announced on January 29 that the ceasefire agreement reached between Russia and Ukraine regarding energy infrastructure would take effect on the night of January 29.January 30th - A depreciating dollar could cause trouble for Trump and the Federal Reserve. A significant depreciation of the dollar could put the US at risk of effectively "importing" inflation. Joe Kalish, chief macro strategist at Ned Davis Research, wrote, "Trumps disregard for the dollar could backfire, undermining his economic plans and causing Republicans to lose their majority in the House." On Wednesday, Powell stated that the Fed would not discuss the dollar, adding that "the Treasury is the one that regulates the currency." Ironically, however, if inflation worsens, it might be the Feds actions that help defend the dollar. Further inflation caused by a continued dollar depreciation could prevent the Fed from lowering interest rates as Trump desires, and could even lead to rate hikes.On January 30th, the Japanese government released data on the 29th showing that, driven by soaring rice prices in the domestic market, Japans private rice imports in 2025 are projected to increase more than 90 times compared to the previous year. Data from the Ministry of Finance shows that private rice imports in Japan last year reached approximately 96,800 tons, the highest since comparable data became available in 2000, roughly 95 times the import volume in 2024. The largest source of rice imports was the United States, accounting for nearly 80%. By month, July saw the highest import volume, exceeding 26,000 tons. Over the past year, Japanese rice prices have surged, repeatedly breaking records. Data from Japanese supermarket rice price monitoring shows that in the week ending January 18th, the average price of a 5kg bag of rice was 4,283 yen (approximately 194 yuan), exceeding the previous weeks average price and remaining above 4,000 yen (181 yuan) for 20 consecutive weeks.January 30th - An explosion occurred at the Tupraş Izmit oil refinery in Kocaeli Province, northwestern Turkey, on the evening of January 29th local time. The explosion took place in a gasoline storage tank area of the refinery, subsequently triggering a large fire. Thick smoke billowed from the scene, flames were visible several kilometers away, and strong tremors were felt, causing panic among local residents. Following the incident, the refinery immediately activated its emergency response plan. For safety reasons, a large number of refinery employees were evacuated. Currently, local fire and safety rescue teams are working to extinguish the fire, and the situation remains under control.
