Category: Flash News

On February 22nd, Federal Reserve Vice Chairman Philip Jefferson stated that artificial intelligence tools may help with the transmission of monetary policy, but cautioned against the limitations of this technology. Jefferson stated that research has shown that automated analysis of Federal Reserve information and automated trading have increased the speed at which information is integrated into asset prices.

On February 22, according to the Canadian news agency, a public opinion poll showed that 70% of Canadians support implementing retaliatory tariffs on the United States to the same extent. US President Trump has previously promised to impose high tariffs on imported products from Canada and other countries. The survey shows that 45% of respondents strongly support retaliatory tariffs against the United States, while 25% of respondents express some support.

On February 22nd, European stocks closed with mixed gains and losses, with the German DAX 30 index falling 0.12% to 22287.56 points, a cumulative drop of 1% for the week. The French stock index closed up 0.39%, but fell 0.29% this week; The UK stock index closed down 0.04%, with a cumulative decline of 0.84% for the week. The Stoxx Europe 600 Index closed up 0.5%, with a cumulative increase of 0.3% for the week, marking its ninth consecutive week of gains and the longest streak since March last year.

On February 22nd, Yermak, the Director of the Office of the Ukrainian President, revealed on social media that he had a phone conversation with Waltz, the National Security Advisor to the US President. In this call, both sides exchanged views on the positions within the framework of Ukraine’s bilateral relations with the United States. Yermak emphasized the significant importance of Keith Kellogg, the US government’s special envoy for Ukraine and Russia, visiting Ukraine. He further emphasized that it is crucial for Ukraine and the United States to maintain bilateral cooperation and high-level relations.

On February 22nd, Wells Fargo took a profit of 1.25% on a short GBP/JPY trade at 189.61 points on Friday, citing a fundamental shift that was unfavorable for the trade. The bank established a short position in GBP/JPY at 192 three weeks ago.

On February 22, the Shanghai Stock Exchange issued a regulatory work letter regarding the pledge of equity by the actual controller and controlling shareholder of Suzhou Hanchuan Intelligent Technology Co., Ltd., involving listed companies, directors, supervisors, senior management personnel, controlling shareholders and actual controllers, intermediary institutions and their related personnel.

On February 21st, economists predict that the inflation indicator favored by the Federal Reserve will accelerate its rise in the short term, prompting policymakers to maintain high interest rates for a longer period of time. According to Bloomberg’s latest survey of economists, the core personal consumption expenditure (PCE) price index, excluding volatile food and energy categories, is expected to increase by 2.6% in the first quarter, higher than last month’s expectation of 2.5%. Economists also expect the overall PCE and consumer price index to accelerate this year. Therefore, forecasters now believe that Fed officials will not cut interest rates again until July, while the last survey predicted a rate cut in May. The minutes of the Federal Reserve’s January meeting released earlier this week showed that officials are inclined to keep interest rates unchanged amid stubborn inflation and uncertain economic policies of the Trump administration.

On February 21st, American consumers’ expectations for long-term inflation rates have risen to the highest level in 30 years, and respondents are concerned that Trump’s tariff hikes will lead to price increases. According to a consumer confidence survey by the University of Michigan, consumers expect prices to rise at a rate of 3.5% per year over the next five to ten years, the highest level since Bloomberg compiled data in 1995.

On February 21st, the Israeli Prime Minister’s Office issued a statement stating that during his inspection of the Tulkarem refugee camp in the West Bank, Prime Minister Netanyahu had instructed the Israeli Defense Forces to increase their forces in the Judea Samaria region of the West Bank and carry out more military operations in the West Bank. Since the ceasefire agreement in the Gaza Strip came into effect on January 19th, the Israeli military has continued to launch military operations in the West Bank.

On February 21st, according to US media reports on the 20th, US President Trump will sign an executive order as early as this week to dissolve the United States Postal Service Management Committee and bring this independent federal agency under the management of the Department of Commerce. This move may affect trillions of dollars worth of e-commerce transactions. The Washington Post reported that the United States Postal Service Board of Governors announced on the 20th local time that if Trump removes members of the board or attempts to change the independent status of the Postal Service, the board plans to sue the White House. After the report was released, a White House spokesperson stated that such an executive order was not planned. USPS Director DeJoy announced earlier this week that he will resign.