EUR/USD
1.18739
0.030%
Gold
5032.54
2.252%
Oil
62.595
-0.242%
USD/JPY
152.752
0.012%
GBP/USD
1.36557
0.249%
GBP/JPY
208.597
0.270%
Real-time News
Peace Talks: 1. Trump: The Ukrainian president "must take action" on the Russia-Ukraine conflict. 2. US media: European officials do not expect the Munich Security Conference to lead to a breakthrough between Russia and Ukraine; the US, Russia, and Ukraine may meet again next week. 3. Russian Presidential Press Secretary Peskov: A new round of Russia-US-Ukraine talks will be held in Geneva, Switzerland, from February 17 to 18. The Russian delegation will be led by Russian Presidential Aide Medinsky. 4. A Ukrainian presidential advisor stated that the Ukrainian delegation is preparing to participate in a new round of trilateral talks to be held from February 17 to 18. 5. According to the New York Times: Ukraine stated that with the midterm elections approaching, the US is increasing pressure to reach an agreement. Other Developments: 1. British media: US Secretary of State Rubio was absent from the Munich Ukraine meeting. 2. Hungary accused Ukraine of blocking Russian oil transit "politically motivated," which Ukraine denied. 3. Market news: The US Department of Commerce has preliminarily supported a mining companys application to impose anti-dumping duties of nearly 133% on imported Russian palladium. 4. Kremlin: Russia and the United States have discussed trade and economic cooperation. Russia has not decided to stop using the dollar; rather, it is the United States that has imposed related restrictions.The Dow Jones Industrial Average rose 48.95 points, or 0.10%, to close at 49,500.93 on Friday, February 13; the S&P 500 rose 3.41 points, or 0.05%, to close at 6,836.17; and the Nasdaq Composite fell 50.48 points, or 0.22%, to close at 22,546.67.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with British Foreign Secretary Cooper on the sidelines of the Munich Security Conference on February 13. Wang Yi stated that both China and the UK are major world powers and permanent members of the UN Security Council, each bearing the responsibility of maintaining international peace and security. They should maintain regular exchanges, strengthen strategic coordination and communication, expand common interests, and safeguard world peace and development. Prime Minister Starmer recently made a successful historic visit to China, restarting Sino-British relations. President Xi Jinping and Prime Minister Starmer agreed to develop a long-term, stable, and comprehensive strategic partnership, reaching broad consensus on bilateral and multilateral cooperation, responding to the expectations of all sectors for the stable development of Sino-British relations. Wang Yi said that both sides should implement the consensus reached by the leaders of the two countries, continuously release the positive effects of bilateral relations, and explore more cooperation potential. Both sides should successfully hold the new round of economic and financial dialogue, the Joint Economic and Trade Commission meeting, and the Sino-British Strategic Dialogue, resume normal exchanges between the two countries legislative bodies, and strengthen people-to-people exchanges. China supports free trade and opposes any form of protectionism. We welcome companies from the UK and other countries to invest in China, make good use of platforms such as the China International Import Expo, and expand exports to China. We hope that the UK will provide a fair, just, and non-discriminatory business environment for Chinese companies.On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Austrian Foreign Minister Meiner-Reisinger on the sidelines of the Munich Security Conference on February 13. Wang Yi stated that the world is rapidly changing and should be getting better, not worse. Now is the time for countries to strengthen solidarity and cooperation, to jointly uphold the authority and status of the United Nations, and to practice genuine multilateralism. All countries should work together to build a community with a shared future for mankind. This year marks the 55th anniversary of the establishment of diplomatic relations between China and Austria. Both sides should summarize historical experience, adhere to the positioning of friendly strategic partners, and promote the continuous deepening of bilateral relations on the basis of equality and mutual respect. China is willing to maintain close exchanges at all levels with Austria, strengthen mutually beneficial cooperation, and welcomes Austrian enterprises to seize cooperation opportunities in areas such as the digital economy and future industries, creating new highlights of cooperation. China hopes that Austria will provide a fair, just, and non-discriminatory business environment for Chinese enterprises. China supports strengthened exchanges between cultural institutions and art groups of both countries to better promote mutual understanding. China welcomes Austrian citizens to make good use of the visa-free policy to visit and learn about China.U.S. stocks closed on Friday with the Dow Jones Industrial Average up 0.1%, the S&P 500 up 0.05%, and the Nasdaq Composite down 0.22%. Major tech stocks were mixed: Apple (AAPL.O) fell 2.27%, Nvidia (NVDA.O) fell 2.21%, SanDisk (SNDK.O) fell 0.59%, Oracle (ORCL.N) rose 2.34%, and Qualcomm (QCOM.O) rose 1.61%.
