📈 Market mood: Asian markets opened the week in a calm and orderly tone, with mostly modest moves across the region following last week’s strong close on Wall Street.
🌏 Asia:
• 🇨🇳 Chinese indices are trading in a narrow range, with moves limited to around ±0.25%.
• 🇦🇺 Australia’s AU200 is up 0.80%.
• 🇯🇵 Japan’s Nikkei 225 is higher by about 0.15%, after reacting to the results of the parliamentary elections, where the ruling party secured a decisive victory.
🗳️ Japan focus: Prime Minister Sanae Takaichi’s Liberal Democratic Party won 316 out of 465 seats in the lower house, marking the most decisive post-war victory for a ruling party. Japanese equities hit new record highs, government bonds came under selling pressure, and the yen weakened sharply early in the session before stabilising later.
💱 FX: Overall FX trading is relatively quiet. The Japanese yen remains the main source of volatility, driven by market reaction to Japan’s election outcome and expectations of fiscal expansion.
🛢️ Commodities:
🥇 Gold rebounded 1.60%, moving back above $5,000 per ounce.
🥈 Silver jumped 5.50% to around $82 per ounce.
🛢️ WTI crude oil continues to trade near the $63 per barrel area.
🪙 Crypto: The cryptocurrency market has stabilised after last week’s sell-off. bitcoin is up about 0.25%, trading near $70,400, after briefly dipping toward the $60,000 area last week.
🗓️ Economic Calendar of the Day:
• 09:00 — 🇷🇴 Romania: Trade Balance (December)
• 18:00 — 🇩🇪 Bundesbank Chairman Nagel Speaks
👉 Stay focused on key levels and political-driven volatility, and follow NordFX for market updates throughout the day.
🌏 Morning Update — 9 February 2026 (Mon) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
