EUR/USD
1.17881
-0.157%
Gold
4882.44
-1.676%
Oil
63.469
-1.188%
USD/JPY
156.812
-0.040%
GBP/USD
1.36253
-0.197%
GBP/JPY
213.666
-0.213%
Real-time News
February 5th, Futures News: Economies.com analysts latest view: Brent crude oil futures prices closed lower in recent intraday trading, despite the markets attempt to gain upward momentum that could help it rebound and rise again, followed by negative signals. Although prices continue to trade above the 50-day moving average, indicating dynamic positive support, this enhances the likelihood of a price rebound in the short term, especially given that prices are trading in parallel with a minor upward trendline in the short term.February 5th - In response to US President Trumps remarks on February 4th that federal immigration enforcement needed a "more lenient approach," Minneapolis Mayor Jacob Frey stated that such a change was welcome. However, he emphasized that the presence of 2,000 federal law enforcement officers in Minneapolis is insufficient to ease the situation, and the federal government should cease its immigration enforcement operations in the city. On the same day, the White House, citing data from the Department of Homeland Security, reported that since the start of its immigration enforcement campaign last year, federal law enforcement officers have arrested more than 4,000 undocumented immigrants in Minnesota.February 5th - TSMC (TSM.N) Chairman C.C. Wei announced today that its second fab in Kumamoto, Japan, will be converted to produce 3-nanometer advanced semiconductors. According to reports, TSMC will discuss a new production plan with its Japanese partners, with the total investment expected to increase to US$17 billion. TSMCs second fab in Kumamoto was originally planned with an investment of US$12.2 billion, producing 6- to 12-nanometer semiconductors. In its January earnings call, the company stated that construction of its second wafer fab in Japan had begun, and that "the technology and capacity ramp-up schedule will be determined based on customer demand and market conditions." TSMC currently produces 3-nanometer chips in Taiwan and plans to produce 3-nanometer chips at its second wafer fab in Arizona, USA, in 2027.On February 5th, Tesla Vice President Tao Lin stated on Weibo that by 2025, the Shanghai Gigafactorys delivery volume will reach more than half of Teslas global delivery volume, and the energy storage Gigafactorys production capacity will also begin to supply multiple markets at home and abroad. This achievement is inseparable from the joint efforts of everyone.Piper Jaffray: Raises its price target for Alphabet (GOOG.O) from $365 to $395.
