Category: Flash News

On January 15th, Ukraine’s largest mining and metallurgical company “Metinvest” issued a notice stating that due to changes in the frontline situation, power shortages, and deteriorating security, the company has suspended operations at its coal mine in Pokrovsk and evacuated workers. It is reported that this coal mine is the only one in Ukraine that can produce coking coal needed for Ukraine’s steel manufacturing industry. Since February 2022, Ukraine’s steel manufacturing industry has been shrinking.

On January 14th, according to a statement on the White House website on January 13th local time, US President Biden revised the California disaster declaration and approved additional disaster assistance to California, including increased federal funding support, to cope with the ongoing disasters caused by wildfires and strong winds in the Los Angeles area since January 7th. According to the order signed by Biden on the same day, federal funds will fully cover expenses such as debris cleanup and emergency protection measures for a period of 180 days.

On January 14th, Jiangsu Electric Power Trading Center recently announced the first batch of virtual power plants to be registered in 2025. As of now, Jiangsu has announced a total of 17 virtual power plants in 8 batches. The Provincial Development and Reform Commission and Jiangsu Energy Regulatory Office recently issued a notice on carrying out electricity market trading work in 2025, clarifying that new entities such as virtual power plants and independent energy storage can participate in market trading.

On January 14th, the National Institute of Standards and Technology (NIST) in the United States collaborated with Chalmers University of Technology in Sweden to develop a new type of “quantum refrigerator” that can efficiently reset qubits and use the heat flow between “refrigerator” components as a power source to maintain a low-temperature working environment. This achievement was published in the latest issue of the journal Nature Physics, paving the way for the development of reliable quantum computers in the next step.

On January 14th, a research team from the School of Engineering and Applications at the University of Pennsylvania in the United States developed a new gene editing platform called “Minimum Universal Genetic Perturbation Technology (mvGPT)”. This platform integrates multiple functions such as precise gene editing, gene expression activation and inhibition, providing powerful tools for studying DNA functional principles and treating genetic diseases. The relevant paper was published in the latest issue of the journal Nature Communications.

On January 14th, the securities industry is a capital intensive industry, and the impact of capital strength on the development of securities firms is crucial. Therefore, securities firms actively raise funds to supplement their capital strength and support business development, and issuing bonds to raise funds has become the mainstream way for securities firms to supplement their capital. Recently, there have been new developments in the issuance of securities bonds by securities firms, with multiple securities firms receiving large amounts of bonds worth over 10 billion yuan. Meanwhile, in less than half a month since the beginning of the year, securities firms have issued a total of 52.2 billion yuan in bonds, a year-on-year increase of over 80%.

① 07:50 Japan’s November trade account; ② At 09:30, Vice Governor of the Bank of Japan, Ryozo Shimino, delivered a speech 15: The State Council Information Office held a series of press conferences on the achievements of high-quality development of the Chinese economy 19: 00 US December NFIB Small Business Confidence Index; ⑤ 21:30 December PPI in the United States; ⑥ At 23:00, Federal Reserve’s Schmid delivered a speech; ⑦ At 01:00 the next day, EIA released its monthly short-term energy outlook report At 04:00 the next day, Fed President Williams delivered a speech at an event.

On January 14th, at the beginning of 2025, many institutions continue to make gold assets a mandatory option in their investment portfolios. Some fund “professional buyers” have also increased their gold positions, incorporating them into performance benchmarks and adopting more diversified investment strategies. In their view, strong purchasing demand and uncertainty in the geopolitical situation will drive gold prices to continue rising. Overall, institutions believe that in the allocation of commodities, it is necessary to resist volatility risks and closely monitor the evolution of macro events in the first half of the year. In the second half of the year, as the macro environment gradually becomes clearer, assets such as non-ferrous and black metals are expected to experience a recovery trend. (Shanghai Securities News)

On January 14th, the foreign exchange market has successively released important policy signals. In the morning of January 13, the website of the People’s Bank of China successively released two pieces of information: one is that the meeting of the China Foreign Exchange Market Steering Committee was held recently in Beijing; The other is the decision of the People’s Bank of China and the State Administration of Foreign Exchange to increase the macro prudential adjustment parameters of cross-border financing of enterprises and financial institutions. Recently, signals of stabilizing the exchange rate have been continuously released, and measures to stabilize the exchange rate policy have been continuously intensified. Industry insiders have stated that a series of policy measures, such as raising macro prudential adjustment parameters for cross-border financing and issuing offshore central bank bills, can balance foreign exchange supply and demand, prevent exchange rate overshoot risks, and are important policy measures to stabilize the exchange rate. It is expected that the depreciation space of the RMB exchange rate will be limited in the future, and it is highly likely to remain stable.

On January 14th, the main contracts for agricultural futures on the Chicago Board of Trade (CBOT) collectively closed higher, with soybean futures rising 2.61% to 1052 cents per bushel; Corn futures rose 1.12% to 475.75 cents per bushel, while wheat futures rose 2.73% to 545.25 cents per bushel.