EUR/USD
1.18212
0.030%
Gold
5043.49
1.964%
Oil
63.341
-0.445%
USD/JPY
156.266
0.315%
GBP/USD
1.36988
0.009%
GBP/JPY
214.070
0.331%
Real-time News
On February 4th, Han Wenxiu, Deputy Director of the Central Financial and Economic Affairs Commission and Director of the Central Rural Work Leading Group Office, stated at a press conference held by the State Council Information Office that this years No. 1 Central Document makes specific arrangements for "implementing normalized and targeted poverty alleviation," and various supporting policies are being formulated and issued. Han Wenxiu stated that incorporating normalized poverty alleviation into the overall implementation of the rural revitalization strategy requires focusing on dynamic management of assistance recipients, ensuring precise and efficient assistance methods, stratifying assistance regions, and maintaining overall stability in assistance policies. Han Wenxiu emphasized that assistance policies must remain generally stable, avoiding abrupt changes or halts in fiscal investment, financial support, and resource allocation, and maintaining the stability of the scale of normalized central government assistance funds and the scale of provincial and municipal government investments.Goldman Sachs continues to believe there is a significant upside risk to its December 2026 gold price forecast of $5,400/oz.February 4th – Despite tariff-related uncertainties and investment opportunities in other regions, companies are still focusing on the United States, said Mark Mason, CFO of Citigroup, at the Wall Street Journal Invest Live event. “For many companies, the U.S. remains a very good bet,” he said. He added that the U.S. economy has proven resilient amid the trade war noise, noting that M&A momentum and capital demand continue. Mason noted that many CEOs and CFOs are still concerned about the potential impact of tariffs and their implications for inflation, but he hasnt seen a “sell-off” sentiment among multinational corporations. “I think over time, people will realize that you don’t want to bet on the U.S. losing.”On February 4th, five members of Barclays Research stated in a research report that a landslide victory for Japans ruling Liberal Democratic Party (LDP) in the February 8th House of Representatives election could dampen fiscal expansion. They noted, "In election polls to date, every major newspaper and news agency has predicted a single-party majority for the LDP." Barclays indicated that initial market reactions to such a landslide could include a weaker yen, higher yields, and pressure from the Trump administration. Therefore, the report added, "We expect further fiscal expansion, including consumption tax cuts, to be effectively restrained." Furthermore, the Takashi City government may revert to a more tolerant stance towards interest rate hikes by the Bank of Japan.On February 4th, the "Draft Plan for Zhejiang Provinces 15th Five-Year Plan for High-Quality Development and the Construction of a Demonstration Zone for Common Prosperity" was released for public comment. The draft plan mentions building a high ground for artificial intelligence innovation and development. It calls for the coordinated planning of the provinces computing resources and the construction of a multi-tiered computing service system. It also outlines the implementation of the "chip-model linkage" initiative to create a world-class "basic + vertical" model cluster and strive to foster an optimal open-source ecosystem. Furthermore, it emphasizes accelerating the construction of a national comprehensive data element pilot zone, deepening and expanding "artificial intelligence +", and striving to create a national artificial intelligence application base. Finally, it aims to promote the collaborative development of the entire artificial intelligence industry chain.
