🌫 Copper prices have reached a new record on the London Metal Exchange, hitting $11,990.
🌏 The Chinese yuan is nearing the 7 mark against the dollar. Authorities in China are urging for further strengthening of the CNY against the USD. Some analysts believe that a drop in USDCNY below 7 will be short-lived, according to a report by Bloomberg. For more details, visit here.
🚀 The topic of "prediction markets" is gaining momentum as the number of "forecasting platforms" is increasing rapidly. DropsTab has released a list of the largest platforms based on venture capital raised and social activity, many of which are set to launch their own tokens soon.
🇮🇳🇳🇿 New Zealand and India have finalized an agreement on a free trade deal. The signing is expected in the first half of 2026. The countries aim to double their bilateral trade within the next five years.
🏢 The Russian Real Estate Register reports that new housing sales in Moscow have decreased by 4% year-on-year over the past 11 months.
⚠️ Analysts and businesses are evaluating whether the Central Bank's decision to lower the interest rate by 0.5% will be sufficient. Experts believe this move is unlikely to significantly aid heavily indebted companies, as concerns about financial stability persist. For more details, visit Vedomosti.
🇷🇺 Results of PAO DOMRF's activities for the 11 months of 2025 under IFRS show a net profit of 78.5 billion rubles, a 21% increase from 64.9 billion rubles in the same period last year. The return on equity (ROE) stands at 21.0%, up by 2.3 percentage points from 18.7% in December 2024. Total assets reached 6,242 billion rubles, reflecting a 12% growth from 5,569 billion rubles at the end of 2024.
🚨 The UK has reported its GDP for the third quarter of 2025. The quarterly growth stands at +0.1%, matching expectations but down from a previous +0.3%. Year-on-year, GDP growth is recorded at +1.3%, consistent with forecasts but slightly lower than the previous +1.4%.
⚠️🇪🇺🇺🇸 Italy has fined Apple 98 million euros for violating consumer protection laws. The decision reflects ongoing scrutiny of tech companies and their practices in Europe. This penalty adds to the challenges faced by major corporations as regulators focus on ensuring fair competition and protecting consumer rights in the digital marketplace.
🚨🛢️ China has condemned the U.S. seizure of an oil tanker from another country near Venezuela, labeling it a serious violation of international law. The Chinese Foreign Ministry emphasized that China is the largest buyer of Venezuelan oil, which former President Trump had targeted. For more details, visit this link.
⚠️🇩🇪🇨🇳 Porsche will close all of its electric vehicle charging stations in China starting March 1, 2026, as part of a strategy review.
🇷🇺 The Supreme Court of Russia has denied a group of minority shareholders of OAO "Solikamsky Magnesium Plant" (SMZ) from the Perm region and the Moscow Exchange the opportunity to have their cassation appeals reviewed by the Judicial Board on Economic Disputes of the Supreme Court.
🚀 BitMine, led by Tom Lee from Fundstrat, has acquired an additional 13,412 ETH. This purchase brings the company's total ETH holdings to over 3% of the entire supply. The growing interest in cryptocurrencies among corporations continues to reshape the market dynamics. For more information, visit here.