EUR/USD
1.16396
-0.042%
Gold
4666.19
-0.125%
Oil
59.319
-0.047%
USD/JPY
158.209
0.056%
GBP/USD
1.34189
-0.045%
GBP/JPY
212.299
0.016%
Real-time News
1. European stock markets closed lower across the board. The German DAX index fell 1.34% to 24,959.06 points, the French CAC40 index fell 1.78% to 8,112.02 points, and the UK FTSE 100 index fell 0.39% to 10,195.35 points. Market concerns about weakening expectations of a Fed rate cut, weak European economic data, disappointing corporate earnings, and escalating geopolitical tensions fueled risk aversion. 2. The domestic bond market was generally weak and volatile. Most treasury bond futures closed lower, with the 30-year main contract down 0.22% and the 10-year main contract down 0.02%. Yields on most major interbank interest rate bonds rose by less than 1 basis point. 3. International oil prices rose across the board. The WTI crude oil futures contract rose 0.15% to $59.43 per barrel, and the Brent crude oil futures contract rose 0.08% to $64.18 per barrel. 4. All base metals rose in London. LME tin rose 3.87% to $49,840.0/ton, LME nickel rose 3.23% to $18,145.0/ton, LME copper rose 1.44% to $12,987.0/ton, LME aluminum rose 1.01% to $3,165.5/ton, LME lead rose 1.00% to $2,064.5/ton, and LME zinc rose 0.78% to $3,234.0/ton.January 20th - According to CNBC, citing sources, artificial intelligence startup Moonshot AI has increased its valuation by $500 million to $4.8 billion in its latest funding round. Just weeks ago, Moonshot AI was valued at $4.3 billion. The previous funding round was announced on December 31st, and IDG, Alibaba, and Tencent reportedly participated.January 20th - An article states that the high complexity of commercial spaceflight means its development is often accompanied by setbacks. We should view launch failures rationally and focus on the progress of troubleshooting. Currently, my countrys commercial spaceflight industry possesses two major structural advantages. On the one hand, thanks to a rigorous "zeroing out" mechanism, my countrys commercial spaceflight industry can systematically troubleshoot faults and accelerate technological iteration. On the other hand, the parallel exploration of multiple technological routes has formed a pattern of risk diversification and technological complementarity, which is expected to significantly shorten the technology maturity cycle and achieve substantial breakthroughs in key areas. At the same time, the long-term healthy development of the commercial spaceflight industry requires patient capital support. Commercial spaceflight technology has high barriers to entry and a long verification cycle; it is currently still in a critical stage of market cultivation and capacity building. Capital should focus on the long term, targeting companies with core technological strength and clear commercial paths, and avoid short-term speculation that could disrupt the industrys development pace.January 20th - The State Council Information Office will hold a press conference at 10:00 AM on Tuesday, January 20th, 2026. Wang Changlin, Vice Chairman of the National Development and Reform Commission, will introduce the implementation of the spirit of the Central Economic Work Conference and the relevant situation regarding promoting a good start to the 15th Five-Year Plan, and will answer questions from reporters. The State Council Information Office will also hold a press conference at 3:00 PM on Tuesday, January 20th, 2026. Liao Min, Vice Minister of Finance, will introduce the relevant situation regarding leveraging the role of proactive fiscal policy to promote high-quality economic and social development, and will answer questions from reporters.On January 20th, Mingming Very Busy announced on the Hong Kong Stock Exchange that it plans to issue 14,101,100 H shares for its Hong Kong listing (subject to the exercise of the offering size adjustment right and over-allotment option), with a pricing range of HK$226.6 to HK$236.60 per share. Trading of the H shares is expected to commence on January 28th.
