The White House issued an executive order to prevent Wall Street from competing with ordinary homebuyers.

US Dollar: 1. The US Supreme Court's tariff ruling continues to be delayed. 2. US Commerce Secretary Lutnick: We believe GDP growth will exceed 5% this quarter. 3. US Treasury Secretary Bessant: The Fed Chair nominee could be announced as early as next week. Powell's attendance at the Supreme Court hearing on Cook was a mistake. 4. The Danish pension fund Akademiker Pension will exit the US Treasury market; as of the end of December, the pension fund held approximately $100 million in US Treasury bonds. 5. ADP Weekly Employment Report: In the four weeks ending December 27, 2026, private sector employers added an average of 8,000 jobs per week. 6. Bank of England Governor Bailey: So far, we are seeing more hedging of dollar positions than investors claiming they don't want to hold dollars. 7. US Bureau of Labor Statistics: Data shows that US college graduates currently account for 25.3% of all unemployed workers, the highest proportion since records began in 1992. 8. US Commerce Secretary Lutnick: Our interest rates are too high. If we cut interest rates by 100 basis points, you will see US economic growth reach 6% or even higher. Euro: 1. Two-week implied volatility for the euro surged to 5.95%, the highest level since early December. 2. The Eurozone's ZEW economic sentiment index for January reached 40.8, a new high since July 2024. 3. ECB Governing Council member Villeroy: Downside price risks are at least as great as upside risks. 4. ECB Governing Council member Nagel: We are close to our price stability target. Pound Sterling: 1. Bank of England Governor Bailey: Any threat to the independence of the Federal Reserve would have significant potential spillover effects on the UK. No similar threat to the independence of the Bank of England is seen. Yen: 1. Japanese Finance Minister Satsuki Katayama: It is impossible to say whether we will intervene in the foreign exchange market soon; foreign exchange intervention remains an option we can take. 2. Sumitomo Mitsui Financial Group, Japan's second-largest bank, plans to purchase Japanese government bonds on a large scale. 3. Japan's opposition leader says "decisive" action is needed to address the bond sell-off. Other: 1. The Swiss franc touched the 200 mark against the Japanese yen for the first time during the session. 2. Traders: The Reserve Bank of India may sell dollars to curb the rupee's depreciation. 3. Bridgewater Associates founder Ray Dalio: The monetary order is collapsing; fiat currencies and debt are no longer held by central banks in the same way. 4. Bank of Thailand: Easing restrictions on the repatriation of overseas income to alleviate the strong baht; income below $10 million does not need to be repatriated. The baht's performance is inconsistent with economic fundamentals. 5. South Korean President Lee Jae-myung: Regarding the South Korean stock market, I still believe South Korea is undervalued.

US President Trump: I don't know what the Supreme Court will decide on the tariff issue.