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Real-time News
Indias budget includes five initiatives for the textile industry, including the establishment of large textile industrial parks.
Indias budget proposes to revitalize traditional industrial sectors, promote infrastructure development, and develop urban economic zones.
The National Stock Exchange of India: The reference price for exchange-traded gold and silver ETFs will be based on the net asset value of the previous trading day (T-1), with a specified lower price range of 20% applicable to the net asset value on T-1.
February 1st - A research report from Shenwan Hongyuan Securities stated that on January 30th (Beijing time), Trump nominated Warsh as the next Federal Reserve Chairman, causing significant volatility in financial markets. However, in terms of interest rate cut expectations, the Warsh nomination and the January FOMC meeting did not have a major impact, with the market still expecting two Fed rate cuts in 2026.
United Steelworkers: The union will continue negotiations with Marathon Petroleum (MRO.N) regarding the expiring contract.