Category: Flash News

① 23:00 US JOLTs job vacancies for December, monthly factory order rates for December; ② The next day at 03:00, Federal Reserve Dailey attended a discussion; ③ The next day at 05:30, API crude oil inventory for the week ending January 31st in the United States.

On February 4th, the US State Department announced in a statement on February 3rd that US Secretary of State Rubio told Congress that he is reviewing the foreign aid activities of the US Agency for International Development. The statement stated that the review will ‘focus on possible restructuring’ to ensure it aligns with the ‘US priority agenda’. On that day, the Trump administration shut down the United States Agency for International Development and prohibited its staff from entering its headquarters located in downtown Washington, D.C.

On February 4, President Costa of the European Council, President von der Leyen of the European Commission and Prime Minister Tusk of Poland held a press conference for the informal meeting of EU leaders on the evening of February 3 local time. Von der Leyen said, “Europe needs to strengthen national defense. Over the years, we have not invested enough in national defense. We need to catch up and strengthen our national defense industrial base.”. When talking about the relationship with the United States, von der Leyen said that tariffs would directly damage production and employment. When subjected to unfair treatment or arbitrary attacks, the EU will respond resolutely.

February 4, according to a report on February 3 local time on the US political news website Politico, a document shows that US President Trump is expected to issue an executive order on February 4, withdraw from the United Nations Human Rights Council again, and prohibit future funding to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). It is reported that on that day, Israeli Prime Minister Netanyahu will meet with Trump.

On February 4th, the World Trade Organization released a report on February 3rd local time, stating that global service trade grew strongly by 10% year-on-year in the third quarter of 2024. Global service trade increased by 9% year-on-year in the first three quarters of 2024. The report shows that in the third quarter, Asia’s service exports grew by 16%, while Europe grew by 8%. At the same time, there has been a significant increase in imports from various regions, reflecting a strong demand for diversified services.

On February 4th, NXP Semiconductors reported Q4 2024 revenue of $3.11 billion, with a market expectation of $3.38 billion, compared to $3.42 billion in the same period last year. The fourth quarter EPS was $1.93, compared to $2.68 in the same period last year. The adjusted EPS for the fourth quarter is $3.18, with analysts expecting $3.14. The adjusted free cash flow (FAF) for the fourth quarter was $292 million, with analysts expecting $866.9 million.

On February 4th, the American Civil Liberties Union filed a lawsuit on February 3rd local time against US President Trump’s immigration restrictions at the US Mexico border, stating that these restrictions actually prevent immigrants from obtaining asylum at the US Mexico border, which violates US laws and international treaties. On his first day in office, Trump declared a state of emergency at the southern border of the United States and signed an executive order requiring measures such as strengthening personnel and resource deployment, increasing physical barriers, and preventing all illegal immigrants from entering the country.

On February 4th, Palantir’s fourth quarter revenue was $827.5 million, with analysts expecting $775.9 million; Expected revenue of 3.74 billion to 3.76 billion US dollars in 2025, with analysts expecting 3.54 billion US dollars; Expected revenue for the first quarter is 858-862 million US dollars, with analysts expecting 802.9 million US dollars.

On February 4th, most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index dropping 0.53%. Pinduoduo and Beike fell more than 5%, iQiyi, Futu Holdings, Baidu, Vipshop fell more than 3%, Tencent Music, JD.com, Manbang and others fell more than 1%, NIO, Alibaba and others fell slightly; Kingsoft Cloud rose over 20%, Xiaopeng Motors rose over 3%, and Ctrip rose over 2%.

On February 4th, the market began to anticipate that the Bank of Canada would increase its interest rate cuts, as the country may be embroiled in a prolonged trade dispute with the United States, which could lead to an economic recession in Canada. As of 2pm Ottawa time on Monday, overnight swap traders believe that the likelihood of the Bank of Canada cutting interest rates by 50 basis points at its March 12th meeting exceeds 20%. On January 30th, the market had not even fully digested the expectation of a 25 basis point interest rate cut. The current market pricing suggests that many traders are betting that the central bank will eventually lower the policy rate to around 2.25%. Last week, market pricing implied that interest rates would not be lower than 2.5% in the current cycle.