EUR/USD
1.17800
0.027%
Gold
4719.69
-1.220%
Oil
62.501
-0.672%
USD/JPY
156.552
-0.304%
GBP/USD
1.35296
-0.007%
GBP/JPY
211.818
-0.290%
Real-time News
The yield on 20-year Japanese government bonds fell 3.5 basis points to 3.100%.February 6th - A Bank of England survey showed that UK employers expectations for wage growth cooled further in January. The bank is closely monitoring further signs of slowing wage growth to decide when to cut interest rates. The survey showed that, based on a three-month moving average, businesses expectations for wage growth over the next year fell 0.1 percentage point to 3.6% in January, matching the lowest level since the data was first published in 2022. Expectations for price increases over the next year also declined slightly, falling 0.1 percentage point to 3.5% in the three months to January. The Bank of England kept interest rates at 3.75% on Thursday, with the market expecting one or two 25-basis-point rate cuts in 2026. Although the UKs overall inflation rate rose to 3.4% in December, the central bank stated that there is still room for further rate cuts this year if the expected sharp decline in inflation since April is sustained. The survey showed that in the three months to January, businesses expectations for overall inflation over the next year were 3.2%, compared to 3.4% in the three months to December. The company also said it expects employment to fall by 0.2% over the next year, compared with a 0.4% decline predicted in a December survey.A chart summarizing the overnight price movements of international spot platinum and palladium.According to the UAEs Al-Nazi newspaper, as the US and Iran prepare for diplomatic negotiations, the White House is secretly consulting with influential Iranian-Americans to develop a transition plan for the potential collapse of the current Iranian regime.February 6th, Futures News – According to foreign media reports, Malaysian crude palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open lower on Friday morning, following the decline in external markets. Affected by the upcoming talks between the US and Iran, international crude oil futures fell nearly 3% on Thursday, coupled with weakness in Chicago soybean oil futures, which will drag down the early performance of Malaysian crude palm oil futures. The decline in oil prices has weakened the attractiveness of palm oil as a raw material for biofuels. However, the fundamentals of the palm oil market are positive, including declining production and increased exports, which will provide strong support for the market. Shipping surveyors reported that Malaysian palm oil exports increased by 14.9% to 17.9% in January. Data from the Southern Malaysian Palm Oil Association (SPPOMMA) shows that from January 1st to 31st, 2026, palm oil production in Southern Malaysia decreased by 13.08% month-on-month. The Malaysian Palm Oil Board (MPOB) will release palm oil inventory data next Tuesday. Analysts expect palm oil inventories to decline at the end of January, ending the previous 10-month streak of increases due to declining production and increased exports.
