Good morning. U.S. index futures declined as details of tariffs revealed and the market grew concerned about the deal just before the signing this week. Futures on the S&P 500 Index declined by 0.2%, the Shanghai Composite closed 0.5% lower, and the Hong Kong Hang Seng fell 0.4%. Treasury yields moved lower.
Source: Bloomberg
Read more about Trade details:
1. Phase one trade deal could be less than market hopes: 'Tariffs have now become a roach motel'
2. U.S. Won't Cut More China Tariffs Until After November Vote
3. Despite trade truce, U.S. poised to crack down further against Huawei
Bitcoin escaped from the downtrend beginning in August and had gained about 20% in January, enjoying the best year since 2012, $8854 quoted. 「Most people think this could be the beginning of a new uptrend」, saying by analysts. Mainstream adoptions are on progress, as a growing proportion of advisors are considering allocating cryptocurrencies to their clients’ portfolios, and Bitcoin ETF products are on issues.
Moving on to the great earnings season of banks, which surprised investors that big banks survived from the lower and lower interest rates adjusted by the Federal Reserve. $JPMorgan Chase & Co(JPM.US)$ has its biggest fixed-income revenue, whopping 1 $billion, and $Citigroup Inc(C.US)$ doubled the estimated numbers by analysts in this department. Besides fixed-income trading, investment banking and customer consuming helped the growth, showing a robust economic condition. (JPMorgan’s total profit increased by 21% to $8.52 billion, and Citigroup’s profit rose 15% to $4.98 billion).
Source: WSJ
Editor: Celeste
早上好。随着关税细节的披露，美国股指期货下跌，市场对本周签署协议前的交易感到担忧。标准普尔500指数期货下跌0.2%，上证综指下跌0.5%，香港恒生指数下跌0.4%。美国国债收益率走低。
资料来源：彭博
更多有关贸易详情：
1.第一阶段的贸易协议可能低于市场预期：“关税现在已成为一家蟑螂旅馆”。
2.美国在11月投票后才会削减更多的中国关税
3.尽管贸易休战，美国仍准备进一步打击华为
八百八百五十四美元的报价显示，比特币从8月份开始的下跌趋势中摆脱出来，1月份上涨了约20%，这是自2012年以来最好的一年。“大多数人认为这可能是一个新的上升趋势的开始”，分析师表示。主流应用正在进展中，越来越多的顾问正在考虑将加密货币分配到客户的投资组合中，而比特币ETF产品也在考虑问题。
接下来是银行的盈利旺季，令投资者惊讶的是，大银行在美联储(Fed)调整的利率越来越低的情况下幸存下来。摩根大通(JPM.US)美元拥有最大的固定收益收入，高达10亿美元，花旗集团公司(C.US)为该部门分析师估计的两倍。除固定收益交易外，投资银行和客户消费也推动了增长，显示出强劲的经济状况.(摩根大通总利润增长21%，至85.2亿美元，花旗集团(Citigroup)利润增长15%，至49.8亿美元)。
资料来源：“华尔街日报”。
编者：塞莱斯特
Chinese Translation:
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