Real-time News

The U.S. Department of Labor plans to release the weekly jobless claims report on Thursday as scheduled.

Federal Housing Finance Agency Director Pulte: Fannie Mae and Freddie Mac are ready to go public; now it's up to President Trump to decide.

On February 5th, U.S. Treasury Secretary Bessant stated on Wednesday that the Federal Reserve's independence is based on the American public's trust in the central bank. However, this trust has been eroded by the Fed's failure to effectively control inflation, which has spiraled out of control. Speaking before the House Financial Services Committee, he said that President Trump has the right to publicly express his views on the Fed's monetary policy decisions. Furthermore, he reiterated his consistent support for a strong dollar. During the hearing, regarding his previous statement to partners in January 2024 (before Trump wins the election) that "tariffs will cause inflation," he expressed a desire to correct his earlier remarks. "If I was wrong before, I'm willing to correct it," Bessant said, adding that despite the series of tariff policies implemented by Trump since taking office, the U.S. economy is still growing, and inflation is gradually declining.

February 5th - According to sources, SpaceX has held meetings with banks outside the United States regarding its initial public offering (IPO). The rocket and satellite manufacturer founded by Elon Musk aims to go public this year. According to some sources, in mid-January, several foreign banks submitted letters of intent to SpaceX's California office. One group consisted of European banks, while another group comprised companies from other regions.

US President Trump: I think Walsh understood that I wanted to lower interest rates, and if he had said he wanted to raise rates, he wouldn't have gotten the job.

US President Trump: Iran’s Supreme Leader should be deeply concerned now.

US President Trump: Interest rates will be lowered, that's "almost a foregone conclusion".

Hang Seng Index futures closed down 1.17% at 26,534 points in overnight trading, a discount of 313 points.

The U.S. Nuclear Regulatory Commission said it is reorganizing in accordance with President Trump’s push for nuclear reactor licensing and will develop a new organizational chart and management plan within 60 days.

Ukrainian President Volodymyr Zelenskyy stated that negotiations must bring about genuine peace and not provide Russia with an opportunity to continue waging war.

Ukrainian President Volodymyr Zelenskyy stated that Ukraine's Western partners must be prepared to put pressure on Russia and provide safeguards for Kyiv.

Ukrainian President Volodymyr Zelenskyy stated after the start of the latest round of trilateral talks that Ukraine looks forward to a prisoner exchange.

February 5th - A survey shows that OPEC crude oil production declined last month due to disruptions to Venezuelan oil exports caused by the unrest and the implementation of a three-month production freeze by other member countries. The survey indicates that OPEC's average daily oil production in January was 28.83 million barrels, a decrease of 230,000 barrels per day from the previous month. About one-third of this decline was attributed to Venezuela, whose oil tankers were blockaded by the United States during the arrest of its leader, Maduro. Meanwhile, oil production in several other OPEC member countries declined slightly as the organization and its allies began pausing production increases to offset the seasonal slowdown in demand in the first quarter. The survey shows that the UAE and Iraq both made slight production cuts.

February 5th - On Wednesday, all three major U.S. stock indexes fell, with the Nasdaq dropping more than 2% at one point. The Nasdaq, dominated by technology stocks, is facing its fourth consecutive day of decline in five trading days, as concerns persist about the potential impact of artificial intelligence on software and data companies. Meanwhile, chipmaker AMD (AMD.O) reported disappointing earnings, causing its stock price to plummet by more than 16%, its biggest drop since 2018. Investors have long worried that artificial intelligence will erode the profit models of companies focused on code, databases, and IT services. Recent developments—such as new tools launched by Anthropic—have exacerbated these concerns. However, Nvidia CEO Jensen Huang stated that the idea that artificial intelligence will replace software is "the most illogical thing in the world."

As of the 2:30 closing bell, the main Shanghai gold futures contract closed down 0.64% at 1,114 yuan/gram, the main Shanghai silver futures contract closed up 1.03% at 22,955 yuan/kilogram, and the main SC crude oil futures contract closed up 3.32% at 474 yuan/barrel.

As of the 2:30 closing bell, the main Shanghai gold futures contract fell 0.64%, the main Shanghai silver futures contract rose 1.03%, and the main SC crude oil futures contract rose 3.32%.

The Federal Reserve accepted a total of $2.414 billion from 18 counterparties in its fixed-rate reverse repurchase operations.

Goldman Sachs (GS.N) shares fell 4.6%.

Related documents show that the EU is seeking a comprehensive overhaul of its climate negotiation strategy after COP30.