Real-time News

Futures News, February 10th: As of February 9th, the mainstream benzene market price in East China closed at 6045 yuan/ton, down 170 yuan/ton from 6215 yuan/ton at the end of January. Downstream buyers have gradually finished stockpiling, and their willingness to take delivery is low. Furthermore, there is still a large influx of goods arriving at major ports, and inventory levels at East China's main ports are likely to remain high. Downstream factories still have reservations about high-priced raw materials. Tensions between the US and Iran remain high, and European and American crude oil futures have rebounded after a decline. In the short term, with benzene arrivals at East China's main ports gradually increasing, holders' sentiment is slightly unstable, and benzene prices may weaken.

Russian Foreign Minister Lavrov: The negotiations on the Ukraine issue have a long way to go.

On February 10, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the opening ceremony of the first APEC Senior Officials' Meeting in Guangzhou in 2026. Wang Yi stated that the Free Trade Area of the Asia-Pacific (FTAAP) and connectivity networks are important foundations for regional economic integration. We must build consensus among all parties on cooperation in trade, investment, regulation, and supply chains, explore ways to align the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and expand pathways for the construction of the FTAAP. The APEC Connectivity Blueprint (2015-2025) proposed at the 2014 Beijing meeting has made significant progress. We should build on this foundation to find more points of convergence, promote the development of an upgraded blueprint, and continuously strengthen and refine hard connectivity, soft connectivity, and emotional connectivity.

February 10th - Thomas Mathews, an analyst at Capital Economics, stated that the S&P 500 is likely to be supported by technology stocks this year. He predicts that despite a volatile start to the year, 2026 will still be a good year for the index. Mathews noted that while the market has concerns about capital expenditures on artificial intelligence and its potential negative impact on the business models of some companies, the earnings prospects for technology companies remain "quite optimistic." He stated that Capital Economics has always maintained a positive outlook on US stocks, and now is not the time to give up. Capital Economics predicts that the S&P 500 will rise to 8,000 points by the end of the year.

February 10th, Futures News: Economies.com analysts' latest view: Spot gold prices have retreated in recent intraday trading, mainly due to a negative signal from the Relative Strength Index (RSI), which had previously reached significantly overbought levels. This indicates that the market is attempting to digest the previous overbought conditions, lock in some gains from the previous rally, and alleviate the overheated sentiment of the recent upward trend.

February 10th, Futures News: Economies.com analysts' latest view: WTI crude oil futures prices retreated during the previous trading day, giving back some of their previous gains, temporarily consolidating to accumulate new momentum. This may help the subsequent market recovery and support prices returning to an upward trend.

February 10th, Futures News: Economies.com analysts' latest view: Brent crude oil futures prices maintained their upward trend in the latest intraday trading, with the main bullish trend dominating in the short term, and prices moving along the support line of this trend. Benefiting from positive resistance above the EMA50 moving average, this further strengthens the possibility of continued intraday gains. Although the Relative Strength Index (RSI) is approaching overbought levels, related technical indicators still release positive signals, reinforcing expectations of continued upward movement in Brent crude oil futures prices.

Beijing Junzheng: The price increases for the company's memory chips vary depending on the customers and products. DRAM prices have increased more, and the company expects good revenue growth this year.

The Japan Meteorological Agency stated that there is a 60% probability of an El Niño event occurring during the summer.

Fitch: The fiscal stimulus measures under Japanese Prime Minister Sanae Takaichi may still exceed our baseline expectations.

Fitch: Japanese Prime Minister Sanae Takaichi's overwhelming victory foreshadows a more accommodative fiscal policy.

The yield on 30-year Japanese government bonds fell 6.0 basis points to 3.500%.

Beijing Junzheng: The company's new process products will gradually enter the large-scale sales stage starting in the first quarter, and subsequent allocation will be made according to market demand and supply.

The yield on 20-year Japanese government bonds fell 4.0 basis points to 3.125%.

February 10th – The 2026 Taiwan Affairs Work Conference was held in Beijing from February 9th to 10th. Wang Huning, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the National Committee of the Chinese People's Political Consultative Conference, attended and delivered a speech. Wang Huning stated that it is essential to adhere to the one-China principle and the 1992 Consensus, unite with the vast majority of Taiwan compatriots, firmly support patriotic forces for reunification on the island, resolutely combat "Taiwan independence" separatist forces, oppose external interference, and safeguard peace and stability across the Taiwan Strait. He emphasized the need to uphold the concept of "both sides of the Taiwan Strait are one family," facilitate smooth and convenient exchanges between people across the Strait, expand grassroots and non-governmental exchanges, support Taiwan people, especially young people, to study, work, and live on the mainland, promote the joint development of Chinese culture, and foster spiritual harmony among compatriots on both sides. He also stressed the importance of supporting the development of Taiwan businesses on the mainland, improving policies and measures that benefit Taiwan compatriots and enterprises, deepening cross-strait integrated development, and enabling compatriots on both sides to share the opportunities and achievements of China's modernization.

Japan Oil, Gas and Metals Corporation: The spot price for liquefied natural gas (LNG) in Japan in January is US$11.30 per million British thermal units (MMBtu); the spot CIF price for LNG in Japan in January is US$11.20 per MMBtu.

The yield on 40-year Japanese government bonds fell 4.0 basis points to 3.775%.

On February 10th, according to Qichacha APP, Guangzhou Xiaopeng Motors Technology Co., Ltd. recently applied for and published a patent for "Humanoid Robot Control Method, Device, and Humanoid Robot". The patent abstract shows that this invention relates to the field of robot control technology, specifically to a humanoid robot control method, device, and humanoid robot. The method involves acquiring upper body posture data corresponding to the operator; this upper body posture data includes pitch, tilt, and yaw data; performing component processing on the upper body posture data to generate target upper body posture data corresponding to the humanoid robot; acquiring the current upper body posture data corresponding to the humanoid robot; and controlling the humanoid robot based on the target upper body posture data and the current upper body posture data. This forms a closed loop of "acquisition-processing-feedback-control", dynamically correcting posture deviations to ensure the robot accurately replicates the operator's intentions while also considering motion smoothness and operational stability.

Japanese Minister of Economy, Trade and Industry Ryosuke Akazawa: He plans to visit the United States from February 11 to 14 to discuss Japan's investment plans.