First Squawk
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India reducing Russian oil imports while increasing US energy purchases, says USTR’s Greer-CNBC
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The budget numbers confirm again that America’s fiscal mess isn’t because taxes are too low. It’s because the government spends too much-WSJ
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NZD/USD softens below 0.6050 as New Zealand labor data dampens RBNZ rate hike bets-FX
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Seoul stocks slip at start of session on hawkish Fed comments
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SMIC Co-CEO Zhao Haijun expects 2025 capital expenditure above initial forecasts due to strong demand
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Zhao Haijun: Strong AI memory demand pushing up chip prices, pressuring mobile phone customers
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Rising crude lifts pressure on USD/CAD, which edges down near 1.3550 ahead of NFP
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ACTIVIST INVESTOR ANCORA HOLDINGS HAS ACQUIRED A $200 MILLION STAKE IN WARNER BROS. DISCOVERY AND OPPOSES ITS $72 BILLION NETFLIX DEAL - WSJ
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Overnight interbank rate in Taiwan opens steady at 0.806%, same as previous session
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USD/JPY drops 0.3% to 153.96
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Shares of Hyundai Glovis rise 5.1%
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Zhao Haijun says market foundry supply is declining as capacity shifts toward advanced packaging
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Major Bitcoin holders have stepped in, yet the narrow demand raises questions about whether this is a true rebound or just damage control-BBG
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PBOC fixes yuan at 6.9438 vs the dollar, up from yesterday’s close of 6.9140.
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Yuan midpoint hits highest level since May 11, 2023, China announces.
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Argentina’s oilseed unions will go on strike starting Wednesday over the government’s proposed labor reforms, the business chamber says.
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Shanghai Composite -0.1%, Shenzhen Component -0.17%, ChiNext -0.24% at market open.
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CHINA (JAN) CPI YOY ACTUAL: 0.2% VS 0.8% PREVIOUS;EST 0.4%
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CHINA (JAN) PPI YOY ACTUAL: -1.4% VS -1.9% PREVIOUS;EST -1.5%
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Yuan opens at 6.9120 vs the dollar, up from last close of 6.9140.
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UK expands settlement visa for Hong Kongers after Jimmy Lai sentence-NA
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