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JPMorgan Chase raised its price target for Western Digital (WDC.O) from $175 to $320.

JPMorgan Chase lowered its price target for Mastercard (MA.N) from $685 to $655.

JPMorgan Chase raised its price target for Apple (AAPL.O) from $315 to $325.

January 30th, Futures News: Economies.com analysts' latest view: Spot gold prices retreated intraday after hitting overbought levels, influenced by a bearish (negative) signal from the Relative Strength Index (RSI). Simultaneously, spot gold prices are attempting to find higher lows, providing a foundation for regaining bullish momentum and resuming the upward trend. Despite the current weakness, gold prices have found strong dynamic support above the 50-day moving average (EMA50). This reinforces the solidity and dominance of the main bullish trend in the short term, making a recovery and continuation of the rebound in the near term still highly probable.

Japan's construction orders rose 20.2% year-on-year in December, up from 9.5% in the previous month.

January 30th, Futures News: Economies.com analysts' latest view: Before the previous trading day's decline, WTI crude oil futures prices touched the key resistance level of $65.75, which was the target level predicted in our previous report, and subsequently stabilized under pressure, initiating a corrective move. The market aims to find higher lows as support levels to help it regain upward momentum and resume its upward trend. This movement is mainly to digest the previous overbought pressure of the Relative Strength Index (RSI), especially with the emergence of negative signals from this indicator. However, in the short term, the overall bullish pattern remains unchanged, with prices still moving upward along the effective trend line, and the potential for a rebound in the near future remains valid.

January 30th, Futures News: Economies.com analysts' latest view: Brent crude oil futures prices fell in recent intraday trading, mainly due to the Relative Strength Index (RSI) releasing a negative signal after reaching overbought levels. The current price is attempting to find a higher low as a base to accumulate the necessary bullish momentum for a subsequent rebound. In the short term, the dominant trend remains bullish, with prices moving along the support trendline. It is also worth noting that the RSI has reached oversold levels that are significantly exaggerated compared to the price action.

On January 30th, Xie Feng, the Chinese Ambassador to the United States, stated at an event in Philadelphia on the 28th that people-to-people exchanges should serve as a bridge, a medium, and a mirror to help China and the United States build a correct way of getting along in the new era. Speaking at an event jointly organized by the China National Tourist Office in New York and the Philadelphia Orchestra, Xie Feng said that China and the United States are currently exploring a correct way of getting along in the new era, a long and arduous task that requires both sides to continuously strengthen the bond of people-to-people exchanges and inject a continuous stream of positive energy into China-US relations. First, people-to-people exchanges should serve as a bridge to enhance friendship through artistic resonance; second, people-to-people exchanges should serve as a medium to promote mutually beneficial cooperation through two-way exchanges; and third, people-to-people exchanges should serve as a mirror to achieve mutual benefit and harmony through mutual learning. Chinese and American cultures are not opposing forces of zero-sum game, but rather complementary elements that can be exchanged, learned from, and used for common progress. Both sides should continue to expand the breadth and depth of China-US people-to-people exchanges, enhance understanding through mutual respect, build consensus through mutual appreciation, and promote both China and the United States to become better versions of themselves.

Japan's housing starts fell 1.33% year-on-year in December, compared with a forecast of -4.1% and a previous reading of -8.50%.

On January 30, the London Stock Exchange (LSEG) and the Industrial and Commercial Bank of China (ICBC) announced the signing of a Memorandum of Understanding (MoU) to further deepen their long-term strategic cooperation in areas such as global financial markets, data and analytics, cross-border RMB, sustainable finance, and financial innovation. This agreement consolidates the two companies' long-standing close partnership and further establishes a framework for expanding cooperation in capital markets, trading and clearing, RMB business, and cutting-edge technological innovation.

WHO: No travel and trade restrictions are needed after India reports two cases of Nipah virus.

WHO: The risk of Nipah virus spreading from India is low.

Japan's Ministry of Economy, Trade and Industry reported that crude oil imports in Japan increased by 17.7% year-on-year in December, gasoline sales increased by 2.4% year-on-year, and refined oil product sales increased by 2.3% year-on-year.

The White House announced that President Trump will sign an executive order at 11 a.m. Eastern Time on Friday (midnight Saturday Beijing Time).

On January 30th, during Asian trading hours, long-term US Treasury bonds were sold off due to market speculation that US President Trump would nominate former Federal Reserve Governor Kevin Warsh to be the next Federal Reserve Chairman, and that he would push for a reduction in the Fed's bond holdings. Several foreign media outlets have reported that Warsh met with Trump at the White House on Thursday, and the White House is preparing for Warsh's nomination. Damien Boey, portfolio strategist at Wilson Asset Management in Sydney, said, "Warsh has publicly stated that he prefers lower interest rates. But his trade-off for lowering interest rates is that he wants the Fed to shrink its balance sheet." Boey pointed out that long-term bonds are particularly vulnerable to the impact of the Fed's balance sheet reduction because it means that the central bank's support in the money market may weaken.

On January 30th, major Hong Kong stock indices opened lower and declined in the morning session, experiencing a slight rebound before continuing to fluctuate at low levels. By midday close, the Hang Seng Tech Index was down 1.79%, and the Hang Seng Index was down 1.78%. In terms of sectors and individual stocks, precious metals stocks collectively declined, with Chifeng Gold (06693.HK), Shandong Gold (01787.HK), Long Resources (01712.HK), and Zijin Gold International (02259.HK) all falling by more than 10%. The pharmaceutical sector also performed poorly, with CSPC Pharmaceutical Group (01093.HK) falling 12.54%, and Fosun Pharma (02196.HK) and China Biopharmaceutical (01177.HK) falling by more than 2%. Education stocks strengthened in the morning session, with China Spring (01969.HK) rising nearly 70% and New Oriental (09901.HK) rising 3.56%.

On January 30th, Wanma Group stated on its interactive platform that its self-developed and produced insulation layers for submarine cables and ultra-smooth semi-conductive shielding materials for submarine cables have been successfully applied to several major domestic and international submarine cable transmission projects. In the future, the company will continue to rely on its core technologies to promote the localization of high-voltage submarine cable materials and enhance product competitiveness.

On January 30th, analysts stated that gold and silver prices fell due to news that Kevin Warsh would be nominated by Trump as the next Federal Reserve Chairman. An analyst from a Malaysian bank stated in a foreign exchange research and strategy report, "Warsh has long been a critic of extremely loose monetary policy and has served as a Federal Reserve governor; therefore, the market may be pricing in the potential impact of his appointment on the future policy path."