The change in US Treasury leadership could change the department's attitude towards cash held at the Federal Reserve, with strategists warning that the move could affect the US bond market. Bank of America and Wrightson ICAP LLC, among others, said the Treasury could reduce the amount of money held in Fed accounts as the cash balance - the cushion that ensures the US can pay its bills - shrinks. This would allow the government to issue fewer short-term bonds and further...
President Trump: Will sign an executive order to fundamentally reform or abolish the Federal Emergency Management Agency (FEMA).
The total number of oil rigs in the United States in the week to January 24 was 472, compared with 478 previously.
After the release of the US PMI data, spot gold rose short-term, and is now 2781.13 US dollars/ounce.
Russian President Vladimir Putin: Willing to hold talks with US President Donald Trump on oil prices and energy issues.
The total number of existing home sales in the United States in December was 4.24 million, expected to 4.19 million, and the previous value was 4.15 million.
The final value of the University of Michigan Consumer Confidence Index in January was 71.1, with expectations of 73.2 and a previous value of 73.2.
The expected one-year inflation rate in the United States in January was 3.3% at the end, 3.2% at the end, and 3.30% at the previous level.
The total number of existing home sales in the United States recorded an annualized 4.24 million in December, the highest since February 2024.
On January 24, 2025, Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, had a phone call with US Secretary of State Rubio at an appointment. Wang Yi said that President Xi Jinping held an important phone call with President Trump last Friday and reached a series of consensus. President Xi Jinping comprehensively expounded China's policy towards the United States, and President Trump responded positively, expressing his expectation to maintain good relati...
Howard Lutnik, Mr. Trump's nominee for commerce secretary, detailed his finances, according to documents released by the Office of Federal Government Ethics. Howard Lutnik, Mr. Trump's nominee for commerce secretary, said he would sell his stakes in companies including GE Healthcare, GE Vernova, GE Aerospace and Nasdaq once his nomination was confirmed.
The initial value of the UK manufacturing PMI in January was 48.2, with expectations of 47, compared with the previous value of 47.
The UK's January services PMI was 51.2, compared with expectations of 50.9 and a previous value of 51.1.
US President Trump issues the first crypto executive order. The 10 key points are as follows: 1. Protect and promote the ability of individual citizens and the private sector to access and use public blockchains. 2. U.S. citizens can develop and deploy software, participate in mining and verification, conduct transactions, and self-deposit digital assets. 3. Promote and protect the sovereignty of the US dollar, and promote the support of the US dollar for...
President Trump signed an executive order strengthening U.S. leadership in digital financial technology. These include: Protect and promote the ability of individual citizens and private sector entities to access and use open public blockchain networks for legitimate purposes without persecution, including the ability to develop and deploy software, to participate in...