1.10 Today's Focus Hot Topics:

1. Due to Trump's expected tariffs on trade partners after taking office, the US dollar and gold have strengthened for three consecutive days.

2. Federal Reserve's Harker: We are on a path to rate cuts, but we should pause and observe the situation.

3. Deputy Governor of the Bank of England: Supports rate cuts, but it is difficult to know how fast the cuts will be.

4. Concerns over Trump's tariffs have caused a disconnect between the US market and silver and copper prices internationally.

5. UBS: The probability of a 'bear market scenario' in US stocks due to tariff impacts is relatively low.

6. Ethereum is likely to disappoint in this bull market cycle; it confirmed a continued downtrend below key support in the early morning, and even if there is a rebound, the upside potential is limited.

7. Bank of America’s outlook on non-farm payrolls: Employment population is close, which will support the Federal Reserve's decision to remain on hold.

8. The focus of trading tonight at 9:30 PM is on the US December non-farm payroll report, with the market expecting an increase of 160,000 jobs in December, a decline compared to November data. If the actual data shows a continued cooling in the US labor market, it may prompt the Federal Reserve to maintain an accommodative cycle. At the same time, the unemployment rate for December will also be released.