EUR/USD
1.18216
0.380%
Gold
4953.26
3.668%
Oil
63.301
0.599%
USD/JPY
157.095
0.042%
GBP/USD
1.36182
0.647%
GBP/JPY
213.938
0.708%
Real-time News
On February 8th, Lu Zhe, chief economist at Dongwu Securities, pointed out that from a medium- to long-term price structure perspective, gold has been in a continuous upward trend since 2020, but the recent price movement has changed. The time it took for London gold to rise from $2,000/ounce to $3,000/ounce, from $3,000/ounce to $4,000/ounce, and from $4,000/ounce to $5,000/ounce has shortened, and the price increase slope shows an accelerating characteristic. He believes this phenomenon reflects that against the backdrop of rising macroeconomic uncertainty and increased risk premiums, the way funds price gold has gradually shifted from "trend-driven allocation" to "emotion and expectation-driven," and the price is reacting to positive factors faster than in previous periods. This accelerated price movement, while strengthening the medium- to long-term upward trend, also means increased sensitivity to external disturbances in the short term.Conflict Status: 1. Russian troops have captured the settlement of Chukyuevka in eastern Ukraine. 2. Ukrainian General Staff: Attacked an oil depot in Russias Saratov region. 3. Russian Ministry of Defense: Russian forces launched a large-scale attack on Ukrainian military energy and transportation infrastructure. 4. Zelensky: Russia launched more than 400 drones and about 40 missiles to attack Ukraines energy sector. 5. The governor of the Kursk region of Russia stated that 47 Ukrainian drones were shot down in the region in the past 24 hours. 6. Ukrainian General Staff: Ukrainian forces are continuously wearing down Russian forces along the entire front and in the rear, repelling multiple Russian attacks in the Leman and Pokrovsk directions. Peace Negotiations: 1. Trump said the US-Russia-Ukraine talks "could go wrong." 2. Zelensky: Does not support a peace agreement that violates the Ukrainian constitution. 3. Zelensky: The US seeks to push for a ceasefire agreement between Russia and Ukraine by June. 4. Zelensky: The possibility of holding a trilateral summit to discuss thorny issues has been proposed. 5. Zelensky: The US proposed a meeting between Russian and Ukrainian delegations in Miami in a week, and Ukraine has agreed. Other developments: 1. Energy facilities attacked; Ukraine says it has requested emergency electricity assistance from Poland. 2. Two suspects arrested in the attack on the Russian lieutenant general; the Ukrainian Foreign Minister denies any Ukrainian involvement in the attack. 3. International Atomic Energy Agency: Following a new round of military activity affecting power substations, Ukrainian nuclear power plants again reduced power output this morning. 4. Ukrainian Foreign Minister: Ukraine supports calls for a truce with Russia during the Winter Olympics, following proposals from Italy and the Pope. 5. Polish Army Operations Command: Polish air operations related to Russian airstrikes on Ukraine have ended. No violations of Polish airspace occurred. Southeastern Polish airspace was briefly closed previously.On February 8th, Fujian Province issued the "Implementation Opinions on Promoting High-Quality Urban Development," which proposes to systematically advance the construction of "good houses." This includes accelerating the construction of a new real estate development model and improving the "market + guarantee" housing supply system. The document also calls for implementing a housing quality improvement project to enhance the entire housing chain, from design and construction to maintenance and services, and vigorously promoting the construction of safe, comfortable, green, and smart "good houses." Furthermore, it aims to build a modern industrial system for residential construction. The document also emphasizes steadily advancing the renovation of urban villages and dilapidated housing, supporting the independent renewal and reconstruction of old housing, continuously promoting the renovation of old urban residential communities, and implementing an action plan to improve the quality of property services.February 8th - Japanese voters will head to polling stations on Sunday (January 22nd) to cast their votes for Prime Minister Sanae Takaichis government. Takaichi hopes to consolidate her power and secure clear authorization for her spending and investment plans, which have unsettled some investors. Takaichi has stated she will stake her job on the election results and will resign if the ruling coalition fails to win a majority in the more powerful House of Representatives. Takaichi currently holds a slim majority of 233 of the 465 seats in the House of Representatives. Polls suggest she is poised for a landslide victory. The Nikkei reports that the Liberal Democratic Party (LDP) and its smaller ruling coalition partner, the Japan Restoration Party, could win over 300 seats. The Mainichi Shimbun states that the LDP alone could win 300 seats, meaning the ruling coalition could secure two-thirds of the House of Representatives. Despite this, the Middle Way Reform Coalition appears to be struggling to win over voters. Some polls suggest the party may ultimately lose half of its seats. In a rare winter election, snowfall in the north could also reduce voter turnout and weaken support for Kaohsiung, especially given that she relies on personal popularity rather than organized voting to increase the Liberal Democratic Partys seats.February 8th - The "Implementation Opinions on Promoting High-Quality Urban Development" was recently issued, proposing to promote the coordinated development of large, medium, and small cities. It supports Fuzhou in accelerating its construction as a modern international city; Xiamen in building a leading demonstration zone for high-quality development; Zhangzhou in building a green intelligent manufacturing base on the southeast coast, and a modern, livable, ecological garden city; Quanzhou innovating and developing the "Jinjiang Experience," building a 21st-century "Maritime Silk Road City" and a strong intelligent manufacturing city; Sanming and Longyan in building high-quality development demonstration zones in the old revolutionary base area of western Fujian; Putian in implementing the Mulan River governance concept, building a pioneering city for green and high-quality development; Nanping in building the core area of the Greater Wuyi Cultural Tourism Circle; Ningde in building the core area of the new energy and new materials industry; and the Pingtan Comprehensive Experimental Zone in a new round of opening-up and development. It supports various localities in exploring urban development positioning that suits their local conditions. It also accelerates the extension of the functions of central cities, driving the development of small and medium-sized cities through industrial transfer and "enclave economy."
