News

Guo Shuqing, Chairman of the China Banking and Insurance Regulatory Commission: At present, my country's commercial banking system is continuously optimized and market competition is sufficient. The operating efficiency of the four large commercial banks is close to the international advanced level, and they are catching up in terms of labor productivity, cost-to-income ratio, profitability, and technological innovation. The capital adequacy level of large insurance companies is also comparable to that of their counterparts in the United States, Europe, and Japan.

[Market]AUDUSD dropped by about 10 points in the short-term, and is now at 0.7748.

[Market] US stock index futures all turned down.

Official of the Mexican Ministry of Health: Mexican President Lopez was discharged from the hospital.

USD/RMB reported 6.4625, down (RMB appreciation) 129 points

[Market] Japan's Topix Index erased gains and is now down 0.1%.

Mexican Ministry of Health: There were 437 new deaths from new coronary pneumonia in a single day.

Mexican Ministry of Health: The cumulative number of deaths from new coronary pneumonia reached 186,152.

Japanese government officials: Manufacturing business spending fell from October to December year-on-year, reflecting the uncertainty of the economic outlook.

[Guosheng Securities: The market is in the stage of gathering momentum and is expected to start a new round of uptrend] Guosheng Securities pointed out that since the beginning of the New Year, the market has experienced very strong fluctuations. Blue chip stocks with low valuations are favored by incremental funds. With the accelerated recovery of the U.S. economy and the upcoming "two sessions" in China in March, market sentiment is gradually picking up, and technical adjustments have been adequate. The market closed at an important support level. The market is in the stage of gathering momentum and is expected to embark on a new round of uptrend.

Citibank: Reserve Bank of Australia expected to stand still

U.S. Democratic Senator Sanders will propose amendments to the stimulus bill that include a minimum hourly wage of $15.

Market news: US Democratic Senator Sanders called on Senate Democrats to ignore members of Congress.

The Reserve Bank of Australia did not buy government bonds today.

Market news: The United States and Mexico agreed to resume high-level economic dialogue.

TD Securities looks forward to today's Reserve Bank of Australia interest rate decision:

ANZ Bank: The Reserve Bank of Australia is not expected to expand the scale of QE for the time being

[Reminder] Japan's unemployment rate in January will be announced in ten minutes.

US Geological Survey: A 5.1 earthquake occurred 11 kilometers south of the Urao region in Colombia.

Hawkesby, Member of the Reserve Bank of New Zealand: The loan-to-value ratio limit has minimal impact on housing prices.