Real-time News

Ukrainian President Zelensky: Russia ignored our efforts and attacked Ukrainian energy facilities overnight.

Ukrainian President Zelensky: The United States proposed in the last meeting that it might stop attacks on "other critical" infrastructure.

Ukrainian President Zelensky: Ukraine is open to similar proposals from the United States to halt attacks.

Ukrainian President Zelensky: (Regarding the Russia-Ukraine talks) Dialogue is needed, but no one is prepared to surrender.

Ukrainian President Zelensky: Ukraine is negotiating with the United States for more Patriot missiles.

Ukrainian President Zelensky: The UAE talks aimed to assess Russia's willingness to compromise.

Ukrainian President Zelenskyy stated that he had discussed with NATO Secretary General Rutte the rapid deployment of air defense systems and the licensing of US weapons production in Europe. Ukraine will proactively contact the United States to discuss the consequences of a Russian attack.

The mayor of Kharkiv stated that nearly 270,000 residents of Kharkiv, Ukraine, are still without heating following the Russian attacks.

Moody's affirmed the ratings of five Israeli banks and revised its outlook to stable.

Federal Reserve Governor Milan: The Fed's monetary policy is too tight.

February 3rd - Peter Goves of MFS Investment Management stated in a report that the Bank of England may cut interest rates in the coming months as UK inflation slows. However, the market widely expects the Bank of England to keep rates unchanged at 3.75% at its rate decision on Thursday. Goves said, "We believe the demand outlook remains weak, and the Bank of England is likely to lower its short-term inflation path." LSEG data shows that the market has fully priced in a rate cut by the Bank of England in July, while pricing in a low probability of another rate cut this year.

On February 3rd, PayPal (PYPL.O) announced that Alex Chriss will be replaced by Hewlett-Packard CEO Enrique Lores as CEO following the company's disappointing profit and revenue reports. PayPal's stock price initially plunged 16% in pre-market trading. According to the statement, Chief Financial Officer Jamie Miller will serve as interim CEO until Lores officially takes office on March 1st. Fourth-quarter earnings missed expectations, with the company citing weak U.S. retail spending and headwinds in international business. A separate statement showed that online checkout growth for the PayPal brand slowed to 1%, down from 6% a year ago. Fourth-quarter earnings per share were $1.23, and total revenue was $8.68 billion, both below analysts' expectations for the quarter.

Federal Reserve Governor Milan: I think we need to cut interest rates by more than one percentage point this year.

February 3rd, Futures News: As of 20:30 Beijing time, WTI crude oil futures rose 0.39%, while US natural gas futures fell 0.28%.

Federal Reserve Governor Milan: Stronger growth in the future does not require higher interest rates.

Federal Reserve Governor Milan: The rise in long-term yields is partly due to better growth expectations.

Federal Reserve Governor Milan: I do not see a large amount of strong price pressure in the economy.

Federal Reserve Governor Milan: Market yields have not risen that much.

Sources at India's Ministry of Trade: India and the United States are about to sign a "framework" trade agreement, similar to those signed by other U.S. trading partners.