Real-time News

On Wednesday, January 14th, the German DAX 30 index opened 11.70 points higher, or 0.05%, at 25423.14; the French CAC 40 index opened 26.16 points higher, or 0.31%, at 8373.36; the Euro Stoxx 50 index opened 7.83 points higher, or 0.13%, at 6037.66; the Spanish IBEX 35 index opened 93.34 points higher, or 0.53%, at 17765.64; the Italian FTSE MIB index opened 36.40 points higher, or 0.08%, at 45561.50; and the UK FTSE 100 index opened 20.70 points higher, or 0.20%, at 10158.05.

January 14th - Data released today by the General Administration of Customs shows that, in US dollar terms, China's exports in December 2025 increased by 6.6% year-on-year, an acceleration of 0.7 percentage points compared to November. Wang Qing, chief macro analyst at Golden Credit Rating, stated that the trade diversion effect continued to unfold in December, with exports to Belt and Road Initiative participating economies accelerating. Furthermore, driven by the global AI investment boom and the transformation and upgrading of domestic manufacturing, the growth rate of chip and automobile exports accelerated significantly in December.

ECB Governing Council member Villeroy: Political uncertainty surrounding the French budget has reduced GDP growth by at least 0.2%.

On January 14th, Jianghua Microelectronics announced that its controlling shareholder, Zibo Xingheng Tusong, is planning a major event that could lead to a change in the company's control. Due to the uncertainty surrounding the transaction, trading in the company's shares will remain suspended from January 13th, 2026, for no more than three trading days. During the suspension period, the company will fulfill its information disclosure obligations based on the progress of the matter.

European Central Bank Governing Council member Villeroy: If the budget deficit in 2026 exceeds 5%, France will enter a dangerous zone.

On January 14th, Jefferies reported that in December of last year, Kuaishou (01024.HK)'s subsidiary, Keling AI, achieved revenue exceeding US$20 million, corresponding to an annualized revenue per share (ARR) of US$240 million, marking another milestone for Keling in just 19 months since its launch. During the same period, Kuaishou launched a series of new models and updates, noting the positive reception of its dynamic control features in overseas markets. The report also believes that while its video generation model is still in its early stages, continued technological breakthroughs and innovations indicate significant revenue growth potential. Jefferies maintains its "Buy" rating on Kuaishou with a target price of HK$106.

In a response on the interactive platform, Meansen stated that the company has no cooperation with the Dorgerberg steel plant in Europe.

On January 14, Foreign Ministry Spokesperson Mao Ning held a regular press conference. Mao Ning announced that the Chinese government has appointed Ambassador Yan Wenbin as the Special Representative of the Chinese Government for Shanghai Cooperation Organisation (SCO) Affairs and the Chinese National Coordinator for the SCO. Mao Ning stated that this position is an important one created by China to deepen exchanges and cooperation with SCO member states. Ambassador Yan Wenbin has extensive diplomatic experience and is familiar with SCO affairs. He expressed confidence that Ambassador Yan will actively fulfill his duties, maintain close working relationships with the national coordinators of member states, implement the consensus reached by leaders, strengthen organizational building and cooperation, jointly promote regional security, stability, development, and prosperity, and advance the building of a closer SCO community with a shared future.

Sources say Indian Oil Corporation has purchased 2 million barrels of Ecuadorian crude oil from a trader, with delivery scheduled for the end of March.

January 14th - According to South Korean sources, in response to North Korea's demand for an apology from South Korea regarding the drone intrusion incident, South Korean Unification Minister Chung Dong-young stated on the 14th that a joint South Korean military and police investigation task force is conducting an investigation, and appropriate measures will be taken once the investigation results are released. Chung Dong-young also expressed his hope to restore inter-Korean communication channels that day. He said, "Exchanging information solely through long-distance conversations is unnatural and abnormal."

On January 14th, the Shanghai Futures Exchange (SHFE) reported the following data on energy and chemical warehouse receipts and changes: 1. Pulp futures warehouse receipts: 137,134 tons, unchanged from the previous trading day; 2. Pulp futures mill warehouse receipts: 12,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 2,840 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day. 6. Petroleum asphalt futures warehouse receipts: 15,640 tons, down 200 tons from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 30,810 tons, up 6,000 tons from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,464,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 18,280 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

ECB Governing Council member Kazak: Monetary policy has worked, but it's getting a bit boring now.

According to Futures News on January 14th, as of 15:00 Beijing time, spot platinum rose 2.54% and spot palladium rose 1.96%.

January 14th - A growing number of options traders are ruling out a 2026 Federal Reserve rate cut and instead betting that the Fed will keep rates unchanged throughout the year. This trend can be traced back to at least last Friday, when US employment data showed an unexpected drop in the unemployment rate. Market pricing suggests this virtually eliminated the possibility of a Fed rate cut this month, prompting more traders to postpone their expectations for rate cuts in the coming months. David Robin, interest rate strategist at TJM Institutional Services, noted, "From a data perspective, the probability of the Fed keeping rates unchanged until at least March has increased, and the likelihood of stable rates increases with each meeting." Recent options flows for the covered overnight funding rate, which is closely linked to the Fed's short-term benchmark rate, have sent a more hawkish signal. New options positions are primarily concentrated in March and June contracts to hedge against a continued delay in the Fed's next rate cut. Other positions targeting longer-term contracts are expected to profit from the Fed's stance of keeping rates unchanged throughout the year. Robin stated that regardless of whether the market believes the Fed will hold rates steady, these trades are low-cost, and as a prudent risk manager, you would want to hold these positions.

On January 14th, according to futures market news: 1. WTI crude oil futures trading volume was 1,698,750 lots, an increase of 633,450 lots from the previous trading day. Open interest was 2,018,272 lots, an increase of 19,747 lots from the previous trading day. 2. Brent crude oil futures trading volume was 322,400 lots, an increase of 118,072 lots from the previous trading day. Open interest was 231,565 lots, an increase of 869 lots from the previous trading day. 3. Natural gas futures trading volume was 620,866 lots, a decrease of 256,129 lots from the previous trading day. Open interest was 1,635,714 lots, a decrease of 7,021 lots from the previous trading day.

ECB Governing Council member Kazak: The uncertainty and risks of nonlinear shocks remain high, and the outlook faces risks from two aspects.

ECB Governing Council member Kazak: The ECB is currently in a good position.

ECB Governing Council member Kazak: The Fed’s actions are worrying.