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The New York Fed's 1-year inflation forecast for January was 3.09%, down from 3.42% previously.
New York silver futures surged 7.00% intraday, currently trading at $82.29 per ounce.
The German DAX index rose 1.00% in late trading.
European Central Bank President Christine Lagarde will attend a discussion on the EU's economic situation and ECB activities in ten minutes; the US New York Fed's one-year inflation forecast for January will be released in ten minutes.
UBS CEO: In the US market, we are willing to slow growth in order to improve efficiency. We expect positive growth in net assets added in the US market in the second half of the year.
British 30-year government bonds recovered some of their losses, having earlier risen as much as 9 basis points; several Labour MPs supported British Prime Minister Starmer.
British Home Secretary Mahmoud: Fully support Prime Minister Starmer.
US Vice President Vance: The US will sell $11 billion worth of drone technology to Armenia.
On February 9th, Minister of Ecology and Environment Huang Runqiu chaired an executive meeting of the ministry to convey and study the spirit of the 10th plenary meeting of the State Council, review and approve in principle the "Performance Requirements for Low-Level Radioactive Waste Solidification—Cement Solidification," and make arrangements for related work during the Spring Festival. The meeting emphasized that revising the standard to further clarify the performance requirements for low-level radioactive waste cement solidification will help improve the effectiveness of radiation safety supervision. It is necessary to strengthen the interpretation, dissemination, training, and public awareness of the standard, and to do a good job in data collection and experience feedback. It is essential to continuously improve the nuclear and radiation safety supervision standard system, ensuring it is in line with international standards and adapted to the rapid development needs of my country's nuclear energy and nuclear technology utilization, so as to ensure absolute nuclear and radiation safety.
February 9th - According to sources, Venezuela's state-owned oil company, PDVSA, has rescinded its production cut orders for most oil fields and joint venture projects in the Orinoco region, its main oil-producing area, pushing the country's total output closer to 1 million barrels per day. Sources familiar with the operations said that after several projects increased production over the weekend, current output in the Orinoco region is slightly above 500,000 barrels per day, an increase of more than 100,000 barrels per day since early January. At that time, strict US sanctions left millions of barrels of exportable crude oil stranded, forcing the company to implement production cuts.
SpaceX: The next Falcon 9 launch will not be earlier than February 12.
STMicroelectronics (STM.N) continued its upward trend, currently up 9.5%, and is on track for its best single-day performance since June 4, 2025.
Novo Nordisk (NVO.N) shares fell briefly, with gains narrowing to 4.8%.
The U.S. Food and Drug Administration (FDA) has stated that Novo Nordisk's (NVO.N) Wegovy diet pill advertisements are false or misleading.
British Health Secretary Wes Streittin: Starmer does not need to resign.
On February 9th, Jiufang Smart Investment (09636.HK) issued an announcement in Hong Kong stating that its subsidiary, Shanghai Jiufang Cloud Intelligent Technology Co., Ltd., had violated regulations, including misleading marketing content, false and inaccurate information in live-streaming marketing, inadequate compliance management and risk control mechanisms, and some employees not registered as securities investment advisors with the Securities Association of China providing investment advice to investors. The Shanghai Securities Regulatory Bureau issued an "Administrative Regulatory Measures Decision Letter" to Shanghai Jiufang Cloud Intelligent Technology Co., Ltd., ordering the company to rectify its practices and suspend adding new clients for three months from the date of receipt of the decision letter, and to immediately carry out comprehensive rectification work. During the suspension period, the company is prohibited from signing new clients, from conducting investment consulting business under the guise of "investor education," and must submit a written rectification report to the Shanghai Securities Regulatory Bureau monthly.
ECB Governing Council member Kazmir: Inflation risks are balanced.
ECB Governing Council member Kazmir: Further appreciation of the euro still needs to be assessed.
ECB Governing Council member Kazmir: The baseline scenario still holds, but the outlook is uncertain and fragile.
ECB Governing Council member Kazmir: I will not consider changing policy unless there is a significant deviation from the baseline scenario.
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Apr 20, 2023 13:54