Germany's final services PMI for January was 52.4, below the expected 53.3 and the previous reading of 53.3.

According to filings with the U.S. Securities and Exchange Commission (SEC), Oracle (ORCL.N) has applied to issue up to $20 billion in common stock.

Domestic News: 1. China and Russia hold a new round of strategic stability consultations. 2. Gaming industry tax rate to align with liquor? Several gaming companies respond: False information. 3. Duan Shaofu, China Nonferrous Metals Industry Association: Studying the inclusion of copper concentrate, which has large trading volume and is easily liquidated, in the reserve scope. 4. Notice from eight departments including the Ministry of Industry and Information Technology on issuing the "Guidelines for the Security of Cross-border Export of Automobile Data (2026 Edition)". 5. Domestic refined oil retail prices see their first "two consecutive increases" this year, costing an extra 8.5 yuan for 50 liters of 92-octane gasoline. 6. The Central Committee's No. 1 Document, "Opinions of the CPC Central Committee and the State Council on Anchoring Agricultural and Rural Modernization and Solidly Promoting the Comprehensive Revitalization of Rural Areas," is released. 7. The EU-China Chamber of Commerce expresses serious concern and firm opposition to the EU's frequent use of the FSR to investigate Chinese companies. 8. Shanghai Futures Exchange adjusts the daily price limits and trading margin ratios for silver, fuel oil, and other futures contracts. 9. The People's Bank of China (PBOC) injected a net 100 billion yuan into the government bond market through open market operations in January. 10. The PBOC announced it will conduct 800 billion yuan of outright reverse repurchase operations on February 4th, with a term of three months. International News: 1. Walmart's market capitalization surpassed $1 trillion for the first time. 2. Foreign media: The EU plans to advance a key mining partnership with the US. 3. Spot gold rebounded to $4,950, and spot silver rose above $89 per ounce. 4. The US plans to issue licenses to companies to mine Venezuelan oil. 5. US Trade Representative Greer: India's tariffs on US industrial goods will be reduced from 13.5% to almost zero. 6. Iranian diplomatic sources: Iran has entered a state of maximum alert and is prepared for any eventuality. 7. Federal Reserve's Barkin: Interest rate cuts support the job market; the inflation task still requires the final step. 8. Federal Reserve Governor Milan: Interest rate cuts need to be more than one percentage point this year; he will not over-interpret fluctuations in metal market prices; in the long term, he hopes the Federal Reserve's balance sheet will be smaller.