Real-time News

U.S. Democratic Senator Warren questioned SpaceX's relationship with the U.S. Department of Defense and whether it was legal.

February 5th - Deutsche Bank's chief European economist, Mark Wall, stated that the European Central Bank's decision to maintain its policy rate was the right move. "At times like these, central banks need to maintain a good balance, weighing the positive and negative factors," Wall noted. He pointed out that despite external vulnerabilities, the economy remains resilient, partly due to Germany's spending on defense and infrastructure.

European Central Bank President Christine Lagarde's press conference has concluded.

European Central Bank President Christine Lagarde: The investment boom is related to artificial intelligence and everything related to it. It will take some time to see the impact on productivity and inflation.

European Central Bank President Christine Lagarde: Consumption is improving; investment is the main focus.

Bank of America lowered its price target for Qualcomm (QCOM.O) from $215.00 to $155.00.

European Central Bank President Christine Lagarde: A list will be provided to EU leaders before the summit outlining measures that the ECB believes will help promote growth.

February 5th - Analyst Divyang Shah stated that European Central Bank (ECB) President Christine Lagarde has stopped repeating the statement that the ECB is in its "comfort zone." Instead, she is currently emphasizing various risks and stating that the ECB's stance is "generally balanced." Lagarde might still choose to repeat the "comfort zone" phrase in subsequent Q&A sessions, but so far she has not (although the first question gave her that opportunity). This may be because the ECB does not want to be bound by specific wording, lest it cause too much of a shock to the market when it eventually needs to change policy.

European Central Bank President Christine Lagarde: Monetary policy is in good shape because it is flexible.

European Central Bank President Christine Lagarde: There are no factors that could change the inflation benchmark.

US President Trump: Iran is in negotiations.

February 5th - Tommy Von Bromsen, a foreign exchange strategist at Commerzbank, stated that the European Central Bank's interest rate decision today was clearly within the general expectations of forecasting agencies and the market, resulting in minimal market volatility. The ECB's current monetary policy is in a good position, a view shared by most, especially the ECB itself. The ECB is expected to maintain interest rates unchanged for the remainder of the year. Unless new circumstances arise, the ECB is unlikely to change its policy path, whether by raising or lowering rates.

European Central Bank President Christine Lagarde: I warmly welcome Kevin Warsh's nomination as Federal Reserve Chair.

February 5th - Tianli International Holdings (01773.HK) announced that its Chairman, Robin, purchased 1 million shares of the company on the open market on February 5th at an average price of approximately HK$2.73, and does not rule out the possibility of further share purchases. The company also announced that it repurchased 200,000 shares today. The company may conduct further share buybacks at an appropriate time.

February 5th - Capital Economics Chief European Economist Andrew Kenningham stated that looking ahead, the European Central Bank's next move is likely to be an interest rate cut, as they doubt that Eurozone economic growth will be disappointing and that core inflation will fall below 2% in the second half of the year and remain below that level. Initial estimates suggest the ECB will implement two 25-basis-point rate cuts this year, in September and December respectively, lowering the deposit rate to 1.5%.

Czech National Bank Governor Micher: The next interest rate change could be either an increase or a decrease.