SHERY: SHERY: THIS IS "THE ASIA TRADE." THIS IS "THE ASIA TRADE." AVRIL: AVRIL: ASIAN STOCKS SET FOR GAINS ASIAN STOCKS SET FOR GAINS AZTEC DRIVES A WALL STREET AZTEC DRIVES A WALL STREET REBOUND WITH JITTERS AROUND A REBOUND WITH JITTERS AROUND A DISRUPTION EASING. DISRUPTION EASING. OIL CLIMBS ON U.S.-IRAN OIL CLIMBS ON U.S.-IRAN TENSIONS.TENSIONS. THE LATEST FED MINUTES SHOW A THE LATEST FED MINUTES SHOW A FED SHIFTING FURTHER AWAY FROM FED SHIFTING FURTHER AWAY FROM FURTHER RATE CUTS, PUTTING THE FURTHE ...

Bitcoin sinks to $66,000, U.S. stocks lose steam as Fed minutes mention possible rate hike https://t.co/zaZSckmloG ...

Japan’s five-year government bond auction drew weaker demand than its 12-month average as investors mull the outlook for fiscal policy and the Bank of Japan’s rate-hike path https://t.co/oH8p8boU30 ...

February 10, 2026 04:49 PM GMT Asia Economics | Asia Pacific The Viewpoint: Marketing Feedback – Where We Agree, Where We Disagree Investors are constructive on Asia. But investors are focused mainly on tech, while we see a broadening out to non-tech. That means investors are more bullish on North Asia ex China in a relative context. For China, investors are bullish on the micro but recognize the macro challenges. Key Takeaways In this report, we offer our thoughts on the following key debates that we have ...

10 February 2026 | 9:53AM JST Economics Research JAPAN ECONOMICS ANALYST Q&A on BOJ Policy: Rate Hike Pace and Timing, Impact of Rate Check Akira Otani +81(3)4587-9960 | akira.otani@gs.com Goldman Sachs Japan Co., Ltd. Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. c45a43530f604d12bcb9a82b5aa6b9f6 n Within this note, we seek to ad ...

Core Viewpoint - California Water Service Group's unit, California Water Service, has received approval for a temporary interim rate revision allowing a 3% rate increase effective January 1, 2026, which is crucial for funding infrastructure upgrades to ensure reliable water delivery [1][2][10]. Group 1: Rate Increase Importance - The 3% rate increase is essential for California Water Service to continue investing in infrastructure, which is necessary for maintaining safe and reliable water services [2][5]. - Utility operations are capital-intensive, requiring regular investments to upgrade and maintain infrastructure to meet rising demand and prevent water wastage [3]. Group 2: Infrastructure Investment Needs - The U.S. water infrastructure is deteriorating, with significant investment needs estimated at $1.25 trillion over the next 20 years to maintain and upgrade systems [4]. - Aging infrastructure necessitates immediate investment to avoid accidents and ensure the delivery of potable water [3][4]. Group 3: Benefits of Rate Revision - The approval of new rates allows for higher revenue generation, which can be allocated towards infrastructure upgrades and improving customer service [5]. - Other water utilities, such as American Water Works Company and American States Water, have also benefited from rate increases, leading to significant revenue growth and enabling further infrastructure investments [6][7]. Group 4: Revenue Projections - Global Water Resources, Inc. anticipates an increase in annual revenues by $1.1 million due to approved water rates, with the increase phased in over three stages [8].

Group 1 - The Japanese yen continues to weaken, surprising analysts who expected a more stable performance [1][2] - The Bank of Japan's cautious stance is noted, with the recent press conference being perceived as the most hawkish it could be [2] - Market reactions to the dollar-yen spike indicate a desire to sell yen, with unexpected price movements observed [3][4] Group 2 - There is skepticism regarding the recent US CPI print, with some economists labeling it as unreliable [5] - Despite a soft inflation report, market yields did not react significantly, and equities showed a rebound, indicating a divergence in trader sentiment [6][7] - The bond market largely ignored the inflation data, suggesting a disconnect between different asset classes [8] Group 3 - The market is described as technically fragile, with a bullish positioning that may face challenges ahead [9] - Expectations for stock markets to reach new record highs in 2026 are noted, driven by structural tailwinds, but risks remain [10] - The performance of digital asset treasury companies is declining, impacting retail sentiment and potentially affecting favored stocks [10][11]

Core Insights - Bitcoin investors are preparing for "Witching Friday" on December 18, which could lead to significant market volatility due to the expiration of approximately $23 billion in options contracts on Deribit, the largest Bitcoin exchange [1]. Group 1: Understanding "Witching Friday" - "Witching Friday," also known as "triple witching," occurs on the third Friday of March, June, September, and December, when stock index futures, stock index options, and stock options expire simultaneously, often resulting in increased market volatility [2]. - The expiration of these contracts typically generates higher trading activity and larger price swings, as it triggers buying or selling of the underlying securities [3]. Group 2: Current Market Conditions - Leading up to "Witching Friday," Bitcoin has been experiencing a decline, trading down nearly 1% to $85,184, influenced by the Federal Reserve's recent interest rate cut and uncertainty regarding the macroeconomic environment, including potential rate hikes from the Bank of Japan and concerns over U.S. inflation in 2026 [4][5]. - Other cryptocurrencies are also affected, with XRP falling nearly 2% to around $1.82, while Ethereum remains stable at $2,802 [5].

There we go.Bounce back upwards, clear rejection at $90K and the support couldn't hold as everything corrects; Gold, Nasdaq and #Bitcoin.New low made, and therefore, a few important things to look at:- Break back above $88K would be a strong signal and the end of the correction.- With this breakdown, I'm looking at levels at <$83.8K and most likely <$80.5K.Especially this latter scenario makes sense in a week of Unemployment Data, CPI and the Bank of Japan.Given the fact that the Bank of Japan is likely doi ...

RT Ted (@TedPillows)The last 3 times Japan hiked rates, $BTC dumped 20%-30%.BOJ is expected to do a rate hike again on 19th December.Will this time be different? https://t.co/2Glf0U9jQd ...