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02/02/2026
S&P 500 index futures fell 0.7% hitting an intraday low.
Latest
4 m ago
Within 50 days, the decline of the Beixin 50 reached 1.03%. Among its component stocks, Silane Technology fell by 7.71%, Hualing shares fell by 5.34%, China National Aviation Corporation fell by 4.82%, and Tongguan Mining and Construction fell by 4.79%.
4 m ago
The one-month period NDF for USD/INR fell to 0.1% earlier and rose by 0.4%.
5 m ago
South Korean stocks fell by 4%, Samsung Electronics and SK Hynix dropped more than 4%.
6 m ago
According to AI Quick News, China Galaxy released a research report on February 2nd, giving Hengfeng Paper (600356.SH) a "buy" rating. The main reasons for the rating include: 1) the national production capacity layout is becoming more perfect, and the production capacity bottleneck is expected to be overcome; 2) forward-looking layout of the HNB business, with the proportion of new products continuing to increase. (Daily Economic News)
6 m ago
Asian gold prices plummeted on Monday, as the previously record-breaking momentum of precious metals cooled down. The price of gold fell by 6.3% at one point, dropping below $4600 per ounce for the first time since January 16. The price of silver also dropped by 11.9% to $75 per ounce. The price adjustment began last Friday, before Kevin Warsh was nominated as the chairman of the Federal Reserve, with people believing he is more "orthodox" on monetary policy than some other potential candidates. Raymond Cheng, chief investment officer at Standard Chartered Bank North Asia, said, "We saw a lot of speculative activity at the time. The news of Warsh's nomination caused a reversal in the market." Cheng stated that with the uncertainty of US government spending, gold at $4650 per ounce is a "buying opportunity." He said, "We believe the Trump risk premium is still reasonable. Whoever the chairman of the Federal Reserve is, they will continue to serve as the president of the United States. His fiscal policy will also remain expansionary." (Financial Times)
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