EUR/USD
1.16153
0.065%
Gold
4586.25
-0.646%
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59.658
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158.115
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GBP/USD
1.33998
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Real-time News
January 16th - According to CNBC, White House National Economic Council Director Hassett downplayed the federal criminal investigation into Federal Reserve Chairman Jerome Powell on Friday, saying he expected "nothing to go wrong." In an interview, Hassett stated that the Feds investigation was simply a request for information, which would be provided quickly, after which the investigation would continue. He also expressed hope for greater transparency regarding the overspending on the Fed headquarters renovation, a focus of the Justice Departments investigation.On January 16, the National Energy Administration held a national teleconference on power safety in Beijing for 2026. The meeting emphasized the need to earnestly implement the spirit of the 20th National Congress of the Communist Party of China and its subsequent plenary sessions, as well as the important instructions and directives of General Secretary Xi Jinping on work safety. It stressed adhering to a people-centered development philosophy, balancing development and safety, focusing on building a strong energy nation, and developing and implementing the 15th Five-Year Plan for power safety. The meeting called for efforts to improve the inherent safety level of the power sector, conduct in-depth special governance actions for power safety, further strengthen the power emergency response line, accelerate the cultivation of new types of power safety productivity, and ensure the implementation of key tasks in power safety supervision, thereby guaranteeing high-quality economic development through high-level power safety. The meeting also made arrangements for power safety work at the end of the year and the beginning of the new year.On January 16, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended and addressed the China-Canada Trade and Investment Dinner with Canadian Prime Minister Mark Carney in Beijing. He Lifeng pointed out that under the strategic guidance of the important consensus reached by the leaders of the two countries, China and Canada should adhere to the principles of mutual respect, peaceful coexistence, win-win cooperation, and mutual achievement, and jointly promote the stable, healthy, and sustainable development of bilateral economic and trade relations. China is unswervingly expanding high-level opening-up and continuously developing new-quality productive forces, and is willing to create a new situation of cooperation with all countries in the world, including Canada. Carney stated that China is Canadas second-largest trading partner. Canada looks forward to strengthening high-level exchanges with China, making good use of dialogue mechanisms in areas such as trade and economy, and deepening cooperation in trade, agriculture, energy, and other fields.White House National Economic Council Director Hassett: Trump can immediately implement the 10% tariff after the Supreme Court makes an unfavorable ruling.European benchmark natural gas prices surged by as much as 10%, reaching their highest level since June last year.
