Economics and Finance
- Stock Market Dynamics: The North Certificate 50 Index fell by more than 2%, with several stocks plunging over 7%. In the U.S., major indices moved higher during midday trading, with the Nasdaq Composite Index up by 1.2%.
- U.S. Federal Reserve Inflation Expectations: According to a survey by the Federal Reserve Bank of New York, the one-year inflation expectation in the U.S. has dropped to 3%, a three-year low. The President of the Atlanta Federal Reserve expects two interest rate cuts this year, despite inflation moving towards the 2% target. The Dallas Federal Reserve President mentioned that there might be a need to slow down the pace of reducing the Fed's balance sheet amid tightening financial market liquidity.
- Policy of the People's Bank of China: The People's Bank of China plans to reinforce counter-cyclical and cross-cyclical adjustments from volume, structure, and price perspectives, aiming to improve the quality and level of Renminbi internationalization. There are plans to strengthen the regulation of cross-border Renminbi business.
- Oil Price Dynamics: Oil prices stabilized in Asian trading following significant price cuts by Saudi Arabia for its oil sales to parts of Asia and Europe.
- Tokyo CPI Inflation Slows: Tokyo's Consumer Price Index (CPI) inflation slowed down in December, indicating that the Bank of Japan's annual target is nearing realization.
- Dow Jones Futures Trend: Dow Jones futures slightly dipped following the previous day's rise.
Technology and Innovation
- Bitcoin Spot ETF: Potential issuers of Bitcoin spot ETFs, including BlackRock and Ark, have submitted revised S-1 forms to the SEC. The SEC Chairman has cautioned investors about the risks associated with cryptocurrencies.
- New Nvidia Graphics Card: Nvidia has launched the GeForce RTX 40 Super series graphics cards, enhancing gaming performance and supporting over 500 RTX games and applications.
- Apple's AR Headset: Apple announced that its Vision Pro headset will be available in the U.S. starting February 2, with pre-orders beginning January 19.
- New Regulations for Online Gaming: China's National Press and Publication Administration is soliciting public opinions on the "Draft Measures for Online Gaming Management," focusing on the regulatory supervision of the online gaming industry.
- Samsung's Profit Decline: Samsung Electronics reported a 35% decline in profits for the fourth quarter, mainly due to weak chip demand.
Transportation and Aviation
Boeing 737 MAX 9s Safety Issue: United Airlines discovered missing bolt parts during an investigation, leading the Federal Aviation Administration (FAA) to continue the grounding of Boeing 737 MAX 9 aircraft.
