Hong Kong Dollar (HKD) overnight lending rates fluctuated significantly, with one-month lending rates hitting a nearly four-month low.
On January 21, the overnight Hong Kong dollar interbank rate fluctuated significantly, dropping 80 basis points to 3.05071% after rising nearly 123 basis points the previous day. Other tenors of interbank rates remained stable, with the one-month interbank rate related to property mortgages slightly decreasing to 3.9%, hitting a near four-month low.
On January 21st, the overnight Hong Kong Interbank Offered Rate (HIBOR) fluctuated significantly, dropping 80 basis points to 3.05071% after rising nearly 123 basis points the previous day. Other tenors of HIBOR remained relatively stable, with the one-month rate slightly decreasing to 3.9%, reaching a four-month low. Two-month to one-year HIBOR rates remained unchanged for three consecutive trading days.
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The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

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