News

According to Japan Broadcasting Association NHK: Tokyo Electric Power Company will postpone the restart of Kashiwazaki Kariwa Nuclear Power Plant.

German Bund futures rose to their highest level since December, last rising 25 basis points at 128.39.

Japan’s 30-year government bond yield rose 10 basis points to 3.580%, a record high.

Japan's 30-year government bond yield rose 10 basis points to 3.580%.

Japanese Prime Minister's Office: Japanese Prime Minister Takaichi Sanae will hold a press conference at 6 pm local time today.

Hong Kong stocks opened lower and moved lower, with the Hang Seng Index falling 1% and the Hang Seng Technology Index falling 0.78%.

Japan's 20-year government bond yield rose 9.5 basis points to 3.250%, a record high.

Japan's Liberal Democratic Party official Nishida: Japan can reduce food consumption tax rates through effective use of government funds.

Japan's Liberal Democratic Party official Nishida: If we can find a permanent source of revenue through the establishment of Japan's sovereign wealth fund, etc., we can permanently abolish the food sales tax.

Hong Kong AI application stocks opened lower, with MINIMAX-WP (00100.HK) falling 5.2%, Mobvista Technology (01860.HK) falling 3.9%, JD Health (06618.HK) falling nearly 3%, and Bilibili (09626.HK) falling 2.7%.

Japan's Topix fell 1% to 3,621.77.

Japan’s centrist reform alliance policy platform: It will be committed to achieving sustained wage growth and achieving fair distribution of the fruits of economic growth.

Shenzhen Stock Exchange: The list of securities underlying Hong Kong Stock Connect has been adjusted to include Nanhua Futures, effective from January 19.

U.S. natural gas futures once soared more than 14% in early trading, but the increase has now narrowed to 11%.

The UK's Rightmove average house asking price index increased at an annual rate of 0.5% in January, compared with the previous value of -0.60%.

The Rightmove average asking price index in the UK in January was 2.8% on a monthly basis, compared with -1.80% in the previous month.

Australia's December TD-MI inflation index annual rate was 3.5%, the previous value was 3.20%.

Australia's December TD-MI inflation index recorded a monthly rate of 1%, compared with the previous value of 0.30%.

Tony Sycamore, a market analyst at IG in Sydney: The latest conflict in Greenland has heightened market concerns about the possible collapse of the NATO alliance and disruption to trade agreements reached with multiple European countries last year, thereby driving the deterioration of stock market risk sentiment and increasing market demand for safe-haven assets such as gold and silver.

**[Important Events and Data Preview This Week: China's GDP/Retail Sales/LPR, US PCE, Davos Forum, Bank of Japan Interest Rate Decision]** 1. Monday: ① Data: China's 2025 full-year GDP data, December retail sales and industrial value-added above designated size, Eurozone December CPI final value, Canada December CPI; ② National Bureau of Statistics releases monthly report on residential sales prices in 70 large and medium-sized cities; ③ State Council Information Office holds press conference on the national economic operation; ④ World Economic Forum Annual Meeting 2026 to be held from January 19 to 23; ⑤ Trump leads delegation to attend World Economic Forum Annual Meeting; ⑥ 14th National Congress of the Communist Party of Vietnam held; ⑦ Relending and rediscount rates lowered by 0.25 percentage points; ⑧ US stock market closed for Martin Luther King Jr. Day. 2. Tuesday: ① Data: China's one-year and five-year LPRs, UK December unemployment rate, Germany's December PPI, Eurozone January ZEW economic sentiment index; ② A new round of price adjustments for domestic refined oil products will begin; ③ Important figures such as European Commission President Ursula von der Leyen, UK Chancellor of the Exchequer Reeves, and Canadian Prime Minister Mark Carney will speak at the World Economic Forum Annual Meeting; ④ The US Supreme Court may issue at least one ruling; ⑤ Tokyo Electric Power Company (TEPCO) will restart the first unit of the Kashiwazaki-Kariwa Nuclear Power Plant; ⑥ Financial reports: Netflix, United Airlines, etc. 3. Wednesday: ① Data: UK December CPI and Retail Price Index, US November Building Permits, US December Pending Home Sales Index, US October Construction Spending (MoM); ② Taiwan Affairs Office holds a press conference; ③ ECB President Lagarde and BlackRock CEO Fink attend a discussion at the World Economic Forum; ④ IEA releases monthly oil market report; ⑤ Trump speaks at the World Economic Forum Annual Meeting on "How Can We Cooperate in an Increasingly Competitive World?"; ⑥ US Supreme Court hears arguments in Trump's attempt to remove Federal Reserve Governor Cook; ⑦ US indefinitely suspends immigration visas for 75 countries. 4. Thursday: ① Data: US API crude oil inventories, Australian December employment report, US initial jobless claims, November PCE report, final Q3 real GDP, US EIA natural gas inventories, Eurozone January consumer confidence index; ② Earnings reports: Procter & Gamble, Intel, etc.; ③ ECB releases December meeting minutes; ④ World Economic Forum annual meeting holds a special discussion on the Middle East economy. 5. Friday: ① Data: US EIA crude oil inventories, Japan's December core CPI year-on-year rate, UK December retail sales, manufacturing PMIs from France, Germany, the US, the UK, and Canada, US January University of Michigan consumer sentiment index and final reading of one-year inflation expectations; ② Bank of Japan announces interest rate decision and economic outlook report, Governor Kazuo Ueda holds press conference; ③ Japanese Prime Minister Sanae Takaichi considers dissolving the House of Representatives on the opening day of the Diet. 6. Saturday: ① US total oil rig count for the week ending January 23; ② CFTC releases weekly positioning report.