EUR/USD
1.16907
0.068%
Gold
4822.46
-0.201%
Oil
60.087
-0.871%
USD/JPY
158.654
0.224%
GBP/USD
1.34373
0.044%
GBP/JPY
213.193
0.295%
Real-time News
On January 22, Pan Gongsheng, Governor of the Peoples Bank of China (PBOC), stated in an interview that in 2026, the PBOC will continue to implement a moderately loose monetary policy, prioritizing stable economic growth and a reasonable recovery in prices. The PBOC will leverage the combined effects of incremental and existing policies to create a favorable monetary and financial environment for stable economic growth, high-quality development, and the stable operation of the financial market, providing strong financial support for a good start to the 15th Five-Year Plan. Regarding aggregate policies, the PBOC will flexibly and efficiently utilize various monetary policy tools, such as reserve requirement ratio (RRR) cuts and interest rate cuts, to maintain ample liquidity and ensure that the growth of social financing and money supply matches the expected targets for economic growth and the overall price level. There is still some room for further RRR and interest rate cuts this year. The PBOC will also strengthen the implementation and supervision of interest rate policies to promote low overall social financing costs.Market news: Japans latest forecast shows a primary budget deficit of 800 billion yen in fiscal year 2026, compared to a previous forecast of a surplus of 3.6 trillion yen. The estimate indicates that Japans plan to return to a primary budget surplus has been delayed by one year.On January 22nd, Intergroup announced that from January 14th to 21st, 2026, 9,219,053 shares of "Interconvertible Bonds" were converted into shares, increasing the companys total share capital from 555,746,745 shares to 564,965,798 shares. As of January 21st, the controlling shareholder, Zhejiang Provincial Pharmaceutical and Health Industry Group Co., Ltd., and its concerted parties held a total of 322,023,393 shares, representing a decrease in their shareholding from 57.94% to 56.9987% of the latest total share capital, a passive dilution reaching a multiple of 1%. The number of shares held by each entity remained unchanged, but the percentages all decreased to varying degrees.Japanese Prime Minister Sanae Takaichi: We will focus on balancing the budget over several years, rather than just on balancing it in a single year.Japanese Prime Minister Sanae Takaichi: The fiscal situation is expected to improve steadily.
