Category: Flash News

On February 8th, Federal Reserve Governor Kugler stated that it is expected that the GDP growth rate of the United States in the first quarter of 2025 will be stable, and there is considerable uncertainty about the economic impact of new policy proposals; The January employment report shows that the US labor market is healthy, neither weak nor overheated. When considering appropriate policy interest rates, we will closely monitor economic development and carefully evaluate data, prospects, and risks; Recently, the progress of inflation has been slow and uneven, and the level of inflation remains high.

On February 8th, the Israeli Defense Forces issued a statement on February 7th local time, stating that over the past week, Israeli security forces have continued military operations in the West Bank. During the operation, the Israeli army arrested over 60 Palestinians and confiscated a large number of weapons including M16 series automatic rifles, pistols, explosive devices, etc. The Israeli military stated that it will continue to use all means to combat any form of ‘terrorism’ and ensure the safety of the Israeli people in the future.

On February 8, the Federal Reserve released its semi annual monetary policy report, which mentioned that the Federal Reserve continued to significantly reduce its holdings of US treasury bond bonds and institutional securities in a predictable manner. Since June 2024, the Federal Reserve has reduced its holdings of $297 billion in securities, resulting in a cumulative decrease of approximately $2 trillion in securities holdings since the start of the balance sheet reduction. The Federal Open Market Committee (FOMC) has stated its intention to maintain securities holdings at a level consistent with the efficient implementation of monetary policy under an adequate reserve requirement system. To ensure a smooth transition, the FOMC slowed down the decline in securities holdings in June 2024 and plans to stop reducing securities when reserve balances are slightly higher than what it considers to be sufficient reserves.

On February 7th, the front page of People’s Daily published an article stating that at the beginning of the new year, new trends in the field of innovation have written a footnote for the development of new quality productivity. General Secretary Xi Jinping pointed out that “we should lead industrial innovation with technological innovation, actively cultivate and develop new quality productive forces.” The Central Economic Work Conference held at the end of last year proposed that “we should lead the development of new quality productive forces with technological innovation and build a modern industrial system. Accelerating the development of new quality productive forces is a current necessity and urgent need for development, as well as a future trend. Since the beginning of the year, various regions and departments have developed new quality productive forces according to local conditions, continuously promoting the gathering of new driving forces, the emergence of new business models, and the growth of new industries, injecting more driving force and support for high-quality development.

On February 7th, it was learned from CNOOC that the development project of the Bozhong 26-6 oilfield, a billion ton oil field located in the Bohai Sea of China, has been successfully put into operation, marking the official entry of the world’s largest metamorphic rock buried hill oilfield into the production stage, which is of great significance for ensuring national energy security.

On February 7th, OpenAI announced in a tweet on the X platform that it will update the o3-mini thought chain for both free and paid users, and update the o3-mini high thought chain for paid users, providing a more transparent and detailed display of the “reasoning” steps of the model and the way answers are obtained.

On February 7th, a digital blogger revealed that Xiaomi AI glasses have obtained network access permission. It is reported that the Xiaomi AI glasses were originally scheduled to be released in March April 2025, but now they are planned to be released in February, alongside the Xiaomi 15 Ultra. The official WeChat account of Xiaomi Glasses was launched yesterday, and the certification subject is Xiaomi Communication Technology Co., Ltd.

On February 7th, a series of new developments and cases demonstrate that comprehensive measures to optimize the capital market ecosystem and attract “long-term investment” are accelerating their implementation. Experts say that relevant departments continue to promote the optimization of the capital market investment ecosystem, providing solid guarantees for achieving efficient resource allocation and serving the real economy. With the accelerated implementation of the plan to promote the entry of medium and long-term funds into the market, relevant departments will make arrangements in guiding listed companies to distribute dividends and repurchase, expanding the scope of private placement strategic investors, optimizing new stock subscription, private placement of listed companies, and listing recognition standards to attract more long-term funds into the market and inject new impetus into capital market reform. (China Securities Journal)

On February 7th, DeepSeek became popular and accelerated the implementation of end-to-end AI promotion. According to a research report by Guotai Junan, the DeepSeeker R1 high-performance inference small model will accelerate the implementation of end-to-end AI, driving the shipment volume of hardware such as AI phones, AI PCs, and AI glasses to increase.

① Pending China’s January foreign exchange reserves; ② 15: 00 Germany’s December seasonally adjusted industrial output monthly rate and December seasonally adjusted trade account; ③ 15: Monthly rate of Halifax seasonally adjusted house price index for January in the UK; ④ 15: 45 France’s December trade account; ⑤ 21:30 January employment figures in Canada; ⑥ 21:30 US January seasonally adjusted non farm payroll, January unemployment rate, January average annual wage per hour; ⑦ At 22:25, Federal Reserve Governor Bauman gave a speech on banking regulation At 23:00, the initial expectations for the one-year inflation rate in February in the United States, the initial values for the University of Michigan Consumer Confidence Index in February, and the monthly wholesale sales rate in December At 01:00 the next day, Federal Reserve Governor Kugler delivered a speech The total number of oil wells drilled in the United States for the week ending February 7th at 02:00 the next day.