【Financial Breakfast | February 3, 2026】

1. U.S. stocks rebound, SanDisk rises 15%, NVIDIA falls nearly 3%; metals and crude oil plunge during the session, spot gold once dropped 10%, later narrowing more than half of the decline, crude oil closed down over 4%.

2. The U.S. January ISM manufacturing index rises to 52.6, significantly exceeding expectations, reaching the highest level since February 2022.

3. The U.S. government shutdown delays key data again, with the December JOLTS job openings report on Tuesday and the non-farm payroll report on Friday rescheduled for release.

4. Trump: The U.S. and India reached a trade agreement, reducing India's reciprocal tariffs from 25% to 18%, Modi agrees to stop purchasing Russian oil.

5. Report: Trump plans to invest $12 billion to reserve key minerals, U.S. antimony stocks rise over 7%.

6. Hassett: Nominating Waller as Fed chairman is “the right time with the right person,” the Fed's balance sheet should be “as streamlined as possible.”

7. Reports say the U.S. presidential envoy met with the Iranian foreign minister on Friday, Iran emphasizes the core demand of U.S.-Iran nuclear talks: lifting sanctions.

8. Li Qiang: Utilize artificial intelligence technology to reshape the entire production and manufacturing chain, comprehensively promote the construction of a new energy system.

9. China's January RatingDog manufacturing PMI rises to a three-month high of 50.3, sales prices increase for the first time in 14 months.

10. Oracle launches a $25 billion bond issuance, intending to raise funds in eight parts, fully sprinting towards cloud infrastructure.

11. SpaceX memorandum confirms merger with xAI; Tesla's third-generation humanoid robot Optimus Q1 debuts, targeting an annual production of one million units; Musk: Major breakthrough in lithium batteries, Tesla achieves large-scale production of dry electrode batteries.

12. Palantir Q4 revenue exceeds expectations by 70% year-on-year, full-year guidance for 2026 significantly exceeds expectations, after-hours trading rose over 8%.

13. NXP Q4 revenue and Q1 guidance both slightly exceed expectations, but Q4 automotive business lags behind, stock price fell over 6% in after-hours trading.

14. Media reports that OpenAI is dissatisfied with the inference performance of NVIDIA chips, starting to look for alternatives last year.

15. Reminder: The Reserve Bank of Australia will announce its interest rate decision on Tuesday, expected to raise rates by 25 basis points.