Domestic News:
1. Ding Xuexiang meets with David Soros, Chairman and CEO of Goldman Sachs.
2. The "three red lines" policy for real estate companies ends, and the debt level of the real estate industry is trending towards health.
3. Guotou Silver LOF: Trading will be suspended from the opening of the market on January 29th until 10:30 AM that day.
4. Several leading quantitative trading institutions respond that the rumor of "changes in quantitative stock trading rules" is false.
5. National Tax Work Conference: Tax authorities will collect 33.1 trillion yuan in taxes and fees in 2025.
6. The State-owned Assets Supervision and Administration Commission of the State Council is drafting a working document on promoting the cultivation of emerging pillar industries by central enterprises.
7. National Energy Administration: As of the end of 2025, the cumulative installed power generation capacity nationwide reached 3.89 billion kilowatts, a year-on-year increase of 16.1%. International News:
1. The Federal Reserve's January policy meeting: The Fed paused its policy, maintaining interest rates in the 3.5-3.75% range. Milan and Waller supported a 25 basis point rate cut. Powell reiterated that interest rates are at the upper end of the neutral range, and that policy has no predetermined path, relying on data. Powell also stated that if tariff inflation peaks and then declines, it would indicate that policy easing is possible, and advised his successor to stay away from politics.
2. Senior Hamas official: Never agreed to disarmament.
3. The US is transferring a seized oil tanker to Venezuela.
4. The Bank of Canada announced it will maintain its benchmark interest rate at 2.25%.
5. The EU and Vietnam plan to reach an agreement on deepening cooperation in key minerals and semiconductors.
6. Bessant: Trump may announce his nominee for Fed Chair in about a week.
7. Governor of the Central Bank of Ghana: The Central Bank of Ghana has sold some of its gold reserves to obtain foreign exchange.
8. The Central Bank of Brazil kept its interest rate unchanged at 15%, indicating it will begin cutting rates at its next meeting.
9. The booming gold market in Thailand has led to a strengthening of the Thai baht, prompting the Bank of Thailand to set daily limits on online gold trading and ban short selling.
10. After Trump expressed no concern about a weakening dollar, Bessant stated that the US has long pursued a strong dollar policy and asserted that there has been absolutely no intervention in the yen.
11. Trump warned that the next attack on Iran would be more severe, stating that the latter's time is running out. The Iranian mission to the United Nations responded that Iran is willing to engage in dialogue with the US on the basis of mutual respect.
