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Daily 2026-02-10
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Tue, Feb 10 | 3:14 read time
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All metrics are as of the latest market close.
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<td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:16px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
<tbody>
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<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
<tr>
<td align="left" style="font-size:0px;padding:0;word-break:break-word;">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
<tbody>
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
S&P 500
</td>
<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.45% ▲
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
6,963
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
GOLD
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<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
2.19% ▲
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$5,089
</td>
</tr>
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<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
BITCOIN*
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<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.02% ▲
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<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$70,292
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<td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
*24-hour change
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<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
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<td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:1px;line-height:1.5;text-align:left;color:#000000;">
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
<tbody>
<tr>
<td style="vertical-align:top;padding:0;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
<tr>
<td align="left" style="font-size:0px;padding:0;word-break:break-word;">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
<tbody>
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FTSE 100
</td>
<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.16% ▲
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
10,386
</td>
</tr>
<tr>
<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
BRENT OIL
</td>
<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
1.53% ▲
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
$69.09
</td>
</tr>
<tr>
<td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
US BONDS*
</td>
<td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
0.00% ▼
</td>
<td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
4.22%
</td>
</tr>
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<td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
*10-year government yield
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:700;line-height:1.5;text-align:left;color:#181c25;">
WALL STREET FEAR GAUGE INDEX
(
<a style="font-weight:400;font-family:Trispace,monospace">
VIX
</a>
)
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<img alt="Wall Street Fear Gauge Index" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fimages.bannerbear.com%252Fdirect%252F7Q4rjJzQn7vZo8qPOx%252Frequests%252F000%252F130%252F936%252F964%252F3Be2PXkVAQ487BjBQm78j1oNa%252Fd7c1347f6e91600f943cc053ab3941f5d5160617.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D5d35ecf46db0a53616f793bc3b2ea19d/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzA3MTA5MjAuMDQ5Nzg4N30:1vpinY:erntUKBqgtFFq6zEQxmWUR-w_l4XHoHCBgUB3Sv5G6s" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="10zqs">
🇨🇳 China celebrated a record trade surplus... without filling a single ship
</p>
<p data-block-key="chcma">
🇯🇵 Japan’s election outcome got the
country’s stocks and bonds moving
</p>
<p data-block-key="chcj9">
➕ What to know about silver’s podium-worthy rally – and its selloff
</p>
<p data-block-key="c1tg7">
<b>
👇 Keep reading to find out more
</b>
</p>
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Today's headlines
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Out Of The Box
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<a target="_blank">
<img alt="Out Of The Box" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-090226-ChinaExports.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D1267d2011f56ccf22367c752f5e8cb36/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzA3MTA5MjAuMDQ5OTMzN30:1vpinY:sRsWmrsTNPlU-YhVeXuMaZJQ5Pgv0OkRO_YjgI-c3Qo" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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<p data-block-key="5oi6q">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="5b13p">
China is well-known for filling ships with goods and gadgets – but lately, the country’s been exporting more of the kind of thing that can’t even touch a shipping container.
</p>
<p data-block-key="9463t">
<b>
What does this mean?
</b>
</p>
<p data-block-key="4ijlv">
The “digital services” category covers all kinds of intangibles – from software and cloud computing to data processing, online platforms, and live streaming. And China’s been selling those things abroad in droves. Last year, the country more than doubled the gap between those sales and what it buys internationally to hit a record $33 billion.
</p>
<p data-block-key="99foa">
▶ That’s a savvy shift. See, services are
usually “stickier” sales than physical goods. Once a customer gets used to watching videos, shopping, and storing data on a platform, it takes a lot to convince them to move.
</p>
<p data-block-key="fkn4g">
▶ That means folks tend to stay put for longer, which can lead to more consistent and reliable revenue over time.
</p>
<p data-block-key="2dqtm">
<b>
Why should I care?
</b>
</p>
<p data-block-key="5c1gd">
<b>
<i>
For markets:
</i>
</b>
<i>
China’s tech is on tour.
</i>
</p>
<p data-block-key="du315">
To keep
that momentum up,
<b>
Alibaba
</b>
,
<b>
Tencent
</b>
, and ByteDance are building data centers from Southeast Asia to South America. That’s partly to keep up with fast-growing international demand – but it’s also a result of American export curbs on advanced chips. By hosting more infrastructure
<i>
outside
</i>
China, it’s much easier for those companies to get hold of cutting‑edge hardware.
</p>
<p data-block-key="3lafl">
▶ Investors will likely see this as a step in the right direction. Many Chinese
firms still depend heavily on customers at home – and with the property market and wider economy still under strain, those sales have become harder. But if firms can bring in more money from overseas, they’ll diversify their revenue streams and reduce the risks tied to any one market.
</p>
<p data-block-key="a6qp9">
⚠️ That said, overseas expansion demands serious spending on infrastructure, compliance, and local partnerships – while also exposing firms to more political flare‑ups and shifting
rules.
</p>
</div>
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<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
You might also like ⇢
<a>
Goldman’s Got A Better Way To Bet On China
</a>
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Chart
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👀
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<mj-raw>
<span style="background-color:#EFFF0D;display:inline">
For Investors, Silver’s Been Anything But
Second-Place
</span>
</mj-raw>
</div>
</td>
</tr>
<tr>
<td align="center" style="font-size:0px;padding:0;padding-bottom:16px;word-break:break-word;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
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<td style="width:536px;">
<a target="_blank">
<img alt="Insight" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FInsight-090226-Silver.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D7db486087dbd399d524e71bdc8ef9a32/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzA3MTA5MjAuMDUwMjk1OH0:1vpinY:Y-h5QQXSsNWnyhQm21TWxvTO6Za8521EkG-nbd3Ec6U" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="pr7ai">
Not all that glitters for investors is gold – some is most certainly
<a>
silver
</a>
.
</p>
<p data-block-key="f6850">
The precious white metal – best known for shiny heirlooms and
<a>
second-place
Olympic medals
</a>
– is also a staple in the industrial world.
</p>
<p data-block-key="2fbru">
And with that kind of versatility, it (mostly)
<a>
holds its allure
</a>
no matter what the broader market is doing.
</p>
<p data-block-key="etdt1">
This year’s been
<a>
a little different
</a>
, though. Silver skyrocketed early last month, tearing through record after record – before surrendering some of those gains just as dramatically.
</p>
<p data-block-key="8aphk">
So let’s dig into whether this do-it-all commodity deserves more than a runner-up medal – or whether its recent
volatility makes that a
<a>
tougher call
</a>
for investors.
</p>
<p data-block-key="8idre">
That’s today’s Insight:
<a>
for
investors, silver’s been anything but second-place
</a>
.
</p>
<p data-block-key="4p2k1">
<a>
<b>
Read or listen to the Insight here
</b>
</a>
</p>
</div>
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<a style="color:#4C5469;font-weight:400">
Reda
Farran, CFA
</a>
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<mj-raw>
<span style="font-style:normal">
👀
</span>
<span style="font-style:italic">
Today's headlines
</span>
</mj-raw>
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<mj-raw>
<span style="background-color:#EFFF0D;display:inline">
Majority Rules
</span>
</mj-raw>
</div>
</td>
</tr>
<tr>
<td align="center" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
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<a target="_blank">
<img alt="Majority Rules" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-090226-Japan.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D368152a03c4dc410263aa337c9fae6d6/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzA3MTA5MjAuMDUwNTI4fQ:1vpinY:FFO9F2HWUe5SpzZKTXAIr_tpTOF_wm3heGSoosz6Kf8" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
</a>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="0uoz7">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="96m49">
Japan’s prime minister scored a historic win, securing a two-thirds “supermajority” to hand her party its strongest position in decades.
</p>
<p data-block-key="143v4">
<b>
What does this
mean?
</b>
</p>
<p data-block-key="25dpf">
They say there’s strength in numbers – and this outcome demonstrates just that. That kind of deep majority will let the prime minister push legislation through government much more quickly, without needing to lean on fragile coalitions or opposition support. And that, in turn, clears the way for more forceful policy shifts. On the ticket: higher overall spending, extra backing for sectors like tech and defense, and long-delayed structural reforms.
</p>
<p data-block-key="eodff">
<b>
Why should I care?
</b>
</p>
<p data-block-key="3a2u5">
<b>
<i>
For markets:
</i>
</b>
<i>
Investors voted with their portfolios.
</i>
</p>
<p data-block-key="7spmn">
Now that the election’s over (and political survival is no longer the priority), investors are expecting more regulatory stability and looser financial policy – a combination that should boost investment levels, corporate profit, and the economy overall.
</p>
<p data-block-key="56ikq">
🔺 That’s why they sent Japan’s
<b>
Nikkei 225
</b>
to a record high and pulled
<b>
government bond
</b>
prices down, anticipating policymakers borrowing more cash (and widening the budget deficit) to fund those spending plans.
</p>
<p data-block-key="ai5qb">
▶ Of course, investors will now need to see if their projections play out. They’ll be looking for signs that show how far – and how fast – the government is actually willing to go to rewrite Japan’s economic playbook.
</p>
<p data-block-key="2n5dn">
<b>
<i>
Zooming out:
</i>
</b>
<i>
Japan’s investors could change your household costs.
</i>
</p>
<p data-block-key="bd0no">
Investors have been dipping out of Japanese government bonds for months, a steady exodus that’s pushed their
<a>
yields
</a>
up to heights not seen in decades. That’s worth paying attention to – no matter where you live.
</p>
<p data-block-key="11qgr">
See, Japanese institutional investors have effectively
acted as the world’s piggy bank for decades. Starved of returns at home, they've poured trillions into government bonds around the world – from the US to Europe, Australia, and beyond. So if today’s juiced-up Japanese yields lure them back home, they could pull huge sums out of global bond markets. That’d send yields higher all over, raising borrowing costs for governments, companies, and households alike.
</p>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
You might also like ⇢
<a>
Why A Selloff In
Japan’s Zen-Like Bond Market Is Rattling Global Investors
</a>
</div>
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<mj-raw>
<span style="font-style:normal">
✨
</span>
<span style="font-style:italic">
Sarah's Digest
</span>
</mj-raw>
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<div style="font-family:Trispace,monospace;font-size:12px;line-height:1.5;text-align:left;color:#5E6984;">
What others like you are reading today...
</div>
</td>
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<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
📈
<a>
ChatGPT’s Growth Is Back In Double
Digits As OpenAI Readies A New Model
</a>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
Altman told staff usage is rising again as OpenAI rolls out an updated chat model, pushes Codex against Anthropic, and starts testing ads for some US users.
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
🏆
<a>
Goldman Says 2026 Could Bring A Record US IPO Year
</a>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
The bank expects IPO proceeds to jump to $160 billion, but the outcome hinges on whether big private names like SpaceX and OpenAI actually go public.
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
🌟
<a>
Gold Reclaims US$5,000 As The Dollar Slips
</a>
</div>
</td>
</tr>
<tr>
<td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#5E6984;">
After a sharp drop and bounce last week, bullion is back above US$5,000, supported by central-bank and ETF buying and a shift away from risk assets.
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<mj-raw>
<span style="font-style:normal">
🖋️
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<span style="font-style:italic">
Quote
of the day
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<strong>
"Everything that irritates us about others can lead us to an understanding of ourselves."
</strong>
– Carl Jung (a Swiss psychiatrist and psychotherapist)
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<mj-raw>
<span style="font-style:normal">
🎯
</span>
<span style="font-style:italic">
On Our
Radar
</span>
</mj-raw>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="aaghi">
1.
<b>
Tell me lies, tell me sweet little lies.
</b>
AI is throwing out misinformation
<a>
faster than we can fact-check
</a>
.
</p>
<p data-block-key="12v7a">
2.
<b>
Pass the popcorn.
</b>
Here’s where to
<a>
watch all of this year's Oscar-nominated films
</a>
.
</p>
<p data-block-key="5tamm">
3.
<b>
Cancel your cold plunge session.
</b>
The latest “third space” is
<a>
a bar with a comfy sofa
</a>
.
</p>
</div>
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<mj-raw>
<span style="font-style:normal">
🎙️
</span>
<span style="font-style:italic">
Finimize Live
</span>
</mj-raw>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
<p data-block-key="444pp">
<a>
Grab your free ticket
</a>
🎟️
</p>
<p data-block-key="bf3pd">
🪙
<a>
Crypto In A Modern Portfolio
</a>
: February 24th, 5pm UK time
</p>
</div>
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<div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
Stay classy,
<mj-raw>
Sarah
</mj-raw>
😉 This issue of the Daily Brief was curated by
<a style="color:inherit;font-weight:inherit">
Naomi
</a>
,
<a style="color:inherit;font-weight:inherit">
Reda
</a>
, and
<a style="color:inherit;font-weight:inherit">
Theodora
</a>
.
Got an idea? A question?
<a>
Get in touch
</a>
.
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1 week ago - hello@finimize.com
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