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U.S. two-year yields rose after President Trump expressed his desire for Hassett to remain on the National Council of Economic Advisers (NEC).
2026-01-16
U.S. two-year yields rose after President Trump expressed his desire for Hassett to remain on the National Council of Economic Advisers (NEC).
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2026-01-17
Domestic News: 1. Shanghai Futures Exchange adjusts trading limits for silver and nickel futures contracts. 2. Tax authorities remind taxpayers to conduct self-assessments of their overseas income over the past three years. 3. The National Robotic
Domestic News: 1. Shanghai Futures Exchange adjusts trading limits for silver and nickel futures contracts. 2. Tax authorities remind taxpayers to conduct self-assessments of their overseas income over the past three years. 3. The National Robotics Standardization Committee's Working Group on Commercial Community Service Robots is established. 4. Moutai self-operated stores: Private enterprises paying millions in taxes can apply to purchase Moutai Feitian at a discounted price, without needing to return the bottle. 5. Two departments: The tax incentive policy for public rental housing will be extended to December 31, 2027. 6. The China Securities Regulatory Commission (CSRC) holds its 2026 system-wide work conference, adhering to the principle of stability and consolidating the market's steady and positive momentum. 7. The CSRC solicits draft regulations for the supervision and management of derivatives trading: Counter-cyclical adjustments can be implemented for derivatives trading. 8. Outcomes of China-Canada trade consultations: Specific arrangements were made to properly resolve trade issues in areas such as electric vehicles, steel and aluminum products, rapeseed, and agricultural and aquatic products. International News: 1. Federal Reserve - Trump: Wants Hassett to remain in her original position. 2. Hassett downplayed the criminal investigation against Federal Reserve Chairman Powell, stating that if appointed Chairman, he would commit to maintaining the Fed's independence. 3. Fed Governor Bowman focused on the potential risk of layoffs, urging against signaling a pause in interest rate cuts. 2. Trump: May impose tariffs on countries disagreeing on Greenland. 3. Reports indicate the Trump administration will sign an agreement to curb electricity prices. 4. Nvidia corrects errors in a technical paper, significantly reducing copper usage in data centers. 5. Sources: Some Bank of Japan officials believe there is room for an earlier interest rate hike. 6. The White House is considering executive measures to limit credit card interest rates; Trump will announce his 401(k) housing investment plan next week. 7. Iran situation: ① Venezuelan acting president reportedly met with CIA director. ② US presidential envoy: The US prefers to resolve tensions with Iran through diplomatic means. ③ According to Axios: Mossad director visits the US for talks on Iran. It is reported that the US military is deploying more defensive and offensive capabilities to the region in order to act swiftly. ④ Putin spoke separately with the Iranian president and Netanyahu regarding the situation in Iran.
2026-01-16
The Indian rupee closed at 90.8650 against the US dollar, down 0.6% on the day. This marked the rupee's biggest one-day drop in nearly two months.
The Indian rupee closed at 90.8650 against the US dollar, down 0.6% on the day. This marked the rupee's biggest one-day drop in nearly two months.
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