February 2, 2026 Financial Breakfast
Gold and silver suffer heavy losses after Trump nominates Federal Reserve Chairman! Gold briefly plummets 12%, silver records the largest daily drop in history
The U.S. government enters a technical and partial "shutdown" state
Trump announces the nomination of Kevin Walsh as Federal Reserve Chairman
Several Federal Reserve officials believe there is no need for rate cuts at this time
CME raises margin ratios for gold, silver, platinum, and palladium futures
U.S. media: The U.S. signals willingness to negotiate with Iran, and both sides may meet in Turkey
OPEC+ member countries will maintain their planned schedule, suspending oil production increases in March
Japan did not intervene in the yen in January
National Bureau of Statistics: January manufacturing PMI is 49.3%, down 0.8 percentage points month-on-month
The Shanghai Futures Exchange adjusts the price limits and trading margin ratios for silver futures contracts
Several LOFs will be suspended for 1 hour today