[Today’s Choice]
The U.S. core PCE price index in April recorded 4.9%
The Federal Reserve’s first-quarter book loss reached $330 billion
The EU will avoid a ban on Russian oil imports through oil pipelines
Kazakhstan resumes oil pipeline systems through the Caspian Sea Transporting oil
Zelensky: Opposing any alternative plan for Ukraine to join the EU
The Central Bank , the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly issued a document: Facilitating investment by foreign institutions in the bond market
The China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission agreed in principle to include eligible ETFs Interconnection
Shanghai issued the "Action Plan to Accelerate Economic Recovery and Revitalization", and 50 new corporate bailout policies were released
The Ministry of Finance issued the third batch of 400 billion budget in advance to support tax cuts and fee reductions and key people's livelihood
[Market Inventory]
Spot gold fluctuated and closed higher last Friday, hitting an intraday high of $1,861.90 per ounce. It then gave up some of its gains and finally closed up 0.16% at $1,852.73 per ounce. Spot silver rose first and then fell, and finally closed slightly up 0.49% at $1,852.73 per ounce. $22.1/oz.
The US dollar index stabilized sideways and finally closed down 0.108% to 101.66. The U.S. 10-year Treasury bond yield continued to range-bound, finally closing at 2.743%.
In terms of international oil prices, the two oils continued their upward trend. WTI crude oil stood above the US$115 mark and finally closed up 0.84% at US$115.08/barrel; Brent crude oil finally closed up 1.63% at US$119.20/barrel.
US stocks closed higher across the board. The Dow closed up 1.76% at 33212.96 points, ending its longest weekly losing streak since 1923; the S&P 500 closed up 2.47% at 4158.24 points, its largest weekly gain since November 2020; the Nasdaq It closed up 3.33% to 12131.13 points, with the diagnostics and research and automobile manufacturers sectors leading the gains.
The major European stock indexes closed higher collectively. The European Stoxx 50 index closed up 1.83% at 3808.86 points; the German DAX30 index closed up 1.62% at 14462.19 points; the British FTSE 100 index closed up 0.27% at 7585.46 points.
Hong Kong stocks Hang Seng Index closed up 2.89%, Hang Seng Technology Index closed up 3.8%, returned to Hong Kong Chinese concept stocks generally closed higher, Baozun e-commerce closed up 31%, Baidu closed up 14%, Ali Baba closed up 12%.
A-share The three major stock indexes fluctuated sideways in early trading. The indexes fell back in the afternoon and all turned negative. rose slightly in late trading. As of the close, the Shanghai Stock Exchange Index rose 0.23%, the Shenzhen Stock Exchange Component Index fell 0.12%, and the ChiNext Index rose 0.06%. The transaction volume of the two cities exceeded 810 billion yuan, and the net inflow of northbound funds exceeded 3.9 billion yuan.
Cryptocurrency trading was light, with Bitcoin rising slightly above the $29,000 mark; Ethereum fluctuating near the $1,800 mark.
[International News]
The U.S. core PCE price index in April recorded 4.9%
The U.S. core PCE price index in April was 4.9%, in line with expectations. Compared with the 5.2% increase in March, the pace of price increases has slowed down. ; The monthly rate of personal expenditures in April was 0.9%, higher than market expectations.
The Federal Reserve's first-quarter book loss reached US$330 billion
According to the Federal Reserve's latest quarterly financial report, if calculated on a market value basis, as of the end of March, due to the impact of interest rate increases, the Fed's holdings of U.S. Treasury bonds and mortgage-backed securities (MBS) brought it $330 billion in unrealized losses (book losses).
U.S. National Hurricane Center: Hurricane Agatha is strengthening
Hurricane Agatha is rapidly intensifying and is expected to intensify further before reaching the southern coast of Mexico on Monday, according to the U.S. National Hurricane Center.
With the Memorial Day holiday approaching in the United States, increased travel has caused gasoline prices to hit a new high.
The latest data from the American Automobile Association (AAA) shows that the average price of a gallon of gasoline in the United States rose to a record high of $4.61 on Sunday. More than 39 million Americans are expected to travel during this year's Memorial Day holiday in the United States.
The EU will avoid banning the import of Russian oil through oil pipelines
According to foreign media reports, The European Commission sent a revised Russian oil cargo embargo proposal to member states, proposing to ban the import of Russian oil by sea and requesting the postponement of key oil imports. Import restrictions are imposed on the Druzhba oil pipeline. According to the latest proposal, EU countries will have six months and eight months respectively to gradually stop shipping Russian oil and Russian petroleum products.
Europe is formulating an contingency plan in response to Russia's complete suspension of imports of natural gas
According to the British Financial Times, EU Energy Commissioner Simson said that Europe is formulating an contingency plan in response to Russia's complete suspension of imports of natural gas. People familiar with the matter said the plan being drafted would include measures to ration industrial gas supplies.
German energy regulator: The largest natural gas storage facility will be filled at an accelerated pace from June
On May 29, Muller, director of the German Federal Network Agency, said that the country’s largest natural gas storage facility in the Leiden region of Lower Saxony will start filling in June. Filled up faster. According to him, the total reserves of German natural gas operators were 47.5% on May 27, but the gas storage facility in Leden was still almost empty.
Kazakhstan resumes oil transportation through the Caspian Sea oil pipeline system
On May 27, local time, the Kazakhstan Prime Minister’s Press Office announced that the country’s oil transportation through the Caspian Sea oil pipeline system has fully resumed and all oil transportation facilities have been repaired. , and returned to normal state.
Iran ’s seizure of a Greek oil tanker in the Persian Gulf may trigger panic in the oil market and shipping industry
According to CCTV News, on May 28, local time, the Iranian Ports and Maritime Organization issued a statement on the previous seizure of two Greek oil tankers. Greece is a shipping power, and Greek companies own nearly a quarter of the world's supertankers.
Japan’s external net assets exceeded 400 trillion yen, a record high
Japan’s Ministry of Finance announced on May 27, local time, that as of the end of 2021, Japan’s external net assets derived from overseas assets minus liabilities exceeded 400 trillion yen for the first time. , a record high.
Erdogan said Turkey's talks with Sweden and Finland did not meet expectations
According to Turkish state media, Turkish President Erdogan said that the talks with Finland and Sweden did not reach the expected level and Turkey cannot agree to "support "Terrorist" countries join NATO .
The Russian Ministry of Defense said it has complete control over Donetsk The strategic town of Hongliman in the region
On the 28th local time, the Russian Ministry of Defense announced that the Russian army and the Donetsk and Luhansk armed forces have fully taken control of Donetsk. Hongliman, a strategic town in the region. However, the Ukrainian Ministry of Defense stated that the Ukrainian army was still engaged in fierce fighting in Hongliman.
According to market news, after Ukrainian President Zelensky visited the Ukrainian city of Kharkov , several huge explosions were heard in the local area.
Zelensky: Opposing any alternative for Ukraine to join the EU
On the 28th local time, Ukrainian President Zelensky said on the issue of joining the EU that if European leaders do not want to see Ukraine within the EU, they will This should be clearly communicated. He personally opposes any alternative to Ukraine joining the EU.
Putin had a phone call with the leaders of France and Germany: willing to negotiate on resuming grain transportation to Ukraine
According to Kremlin news, Putin had a telephone conversation with the leaders of France and Germany on Saturday (May 28). Putin said Russia was willing to discuss the possibility of Ukraine resuming food shipments from its Black Sea ports. Russia is ready to increase exports of fertilizers and agricultural products if sanctions against it can be lifted.
Ukraine is looking forward to reopening Black Sea ports to boost grain exports
Officials from the Ukrainian Ministry of Agriculture revealed that Ukraine is trying to export grain through cross-border rail transportation and other channels, but the shipping capacity is quite limited. Unless the Black Sea ports resume operation, it will be difficult to achieve the previous exports. level.
The President of Serbia had a phone call with the President of Russia and reached a new natural gas agreement
On the morning of May 29, local time, Serbian President Vucic stated that he and Russian President Putin had reached an agreement on signing a three-year natural gas supply contract, with specific details. Discussions will be held with Gazprom.
Russian media: Lavrov said the West has "declared all-out war" on Russia
Russian media said that Russian Foreign Minister Lavrov said on the 27th that the West has "declared all-out war" on Russia. According to the report, Lavrov said that those hostile countries used the tools at their disposal to undermine and contain Russia.
Russia advances legislation to take over Western businesses' operations in Russia
Russia is advancing a new law that would allow the Russian government to take over the local operations of Western companies that decide to leave after the conflict between Russia and Ukraine, increasing the pressure on multinational companies trying to exit Russia. risk.
Tesla ’s application to expand the German Gigafactory is officially approved, which may take a year
According to local German media reports, Tesla has applied to the Grünheide municipal government and plans to expand the area of its German Gigafactory by three points. One is to build another 100 hectares of factory area east of the factory.
Apple was sued for the first time in Russia for refusing to localize user data
May 27, according to foreign media reports, Apple was sued for the first time in Russia for refusing to localize user data.
" Fortune " CEO salary list of the top 500 companies in the United States: Musk ranks first with $23.5 billion, surpassing the last nine combined
"Fortune" magazine recently released the latest issue of the "Fortune" list of the top 500 companies in the United States. Among them, Tesla CEO Musk, Apple CEO Cook, and Nvidia CEO Jensen Huang ranked in the top three, with salaries of US$23.5 billion, US$770.5 million, and US$561 million respectively. It is worth mentioning that Musk’s salary is more than the bottom nine people combined.
[Domestic News]
The People's Bank of China, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly issued a document: Facilitating foreign institutional investors to invest in the bond market
The People's Bank of China, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange issued a joint announcement "On Matters Related to Further Facilitating Foreign Institutional Investors' Investment in China's Bond Market" stating , foreign institutional investors can carry out bond spot securities, bond lending, related derivatives for risk management purposes, open-end bond index securities investment funds and other People's Bank of China and China Securities Regulatory Commission recognized trade.
The China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission agreed in principle to include eligible ETFs into the Stock Connect
The China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission jointly announced that they agreed in principle to include eligible exchange-traded open-end funds (ETFs). interconnection. Investors who invest in ETFs through the Stock Connect can only trade in the secondary market, and subscriptions and redemptions are not allowed. ETF investment quotas and stock investment quotas are counted and managed together.
The Shanghai Municipal Government issued the "Shanghai Action Plan to Accelerate Economic Recovery and Revitalization" and proposed to support the seamless loan renewal of small, medium and micro enterprises' financing turnover, and strive to achieve a seamless loan renewal increase of 100 billion yuan in 2022. Shanghai will increase its efforts to provide relief to enterprises and help market entities stabilize their jobs and retain workers.
48 hours changed to 72 hours: Many places in China have relaxed the time limit and frequency requirements for nucleic acid testing
The Shanghai Municipal Government Information Office announced that starting from 0:00 on June 1, people entering public places with clear epidemic prevention requirements and taking public transportation , must have a negative nucleic acid test certificate within 72 hours, previously it was a 48-hour nucleic acid report.
Wu Qing: Shanghai will cancel the whitelist for enterprises to resume work and production after June 1.
Wu Qing, member of the Standing Committee of the Shanghai Municipal Committee and Executive Deputy Mayor, said that Shanghai will cancel the whitelist for enterprises to resume work and production from June 1, and cancel the whitelist for enterprises to resume work and production. Unreasonable restrictions on market resumption.
Ministry of Industry and Information Technology: Go all out to boost the industrial economy and organize a new round of new energy vehicles to go to the countryside
On May 27, the Ministry of Industry and Information Technology held a video and telephone conference to boost the industrial economy. The meeting emphasized that a new round of new energy vehicles will be organized In the rural areas activities, a number of information consumption demonstration cities and demonstration projects were launched to promote the consumption of bulk commodities such as automobiles and home appliances.
The Ministry of Finance has issued the third batch of 400 billion yuan in budget in advance to support tax cuts and fee reductions and key people's livelihood.
Recently, the central government has issued in advance the third batch of 400 billion yuan in transfer payment funds budget to support the implementation of tax cuts and fee reductions and key people's livelihood at the grassroots level. Support local governments in implementing the tax refund and other tax reduction and fee reduction policies to effectively make up for the policy-related revenue reductions, ease the contradiction between fiscal revenue and expenditure, and promote the smooth operation of county and district finances. The above funds are included in the 2023 budget, and the treasury funds will be allocated separately in 2022.
National Bureau of Statistics : In the first four months, profits of industrial enterprises above designated size nationwide increased by 3.5% year-on-year
Data released by the National Bureau of Statistics showed that from January to April, profits of industrial enterprises above designated size nationwide increased by 3.5% year-on-year, and the growth rate was higher than that in January-March. fell by 5.0 percentage points. Industrial corporate profits fell 8.5% year-on-year in April. Some regions and industries have been greatly affected by the epidemic, which has significantly reduced the profit growth rate of industrial enterprises.
Last year, the wealth of Chinese residents ranked second in the world
On May 27, according to the "China Wealth Report 2022" report, at the total level, the total wealth of Chinese residents reached 687 trillion yuan in 2021, ranking second in the world, second only to the United States. . The average annual compound growth rate from 2005 to 2021 reached 14.7%, far exceeding that of the United States and Japan.
Small and medium-sized banks have followed up and lowered deposit interest rates to gain more credit space for "protecting small and micro enterprises"
Small and medium-sized banks in many places, including Qingdao , Nanjing, Suzhou , and Hangzhou, have recently lowered their interest rates for medium and long-term ordinary time deposits and The interest rates on large certificates of deposit are usually adjusted between 5BP and 10BP.
Beijing promotes asset management institutions to initiate the establishment of products that can invest in Beijing Stock Exchange stocks
The Beijing Local Financial Supervision Administration , the Business Management Department of the People's Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory Bureau recently jointly issued the "About the Promotion of Beijing Opinions on the Construction of a Global Wealth Management Center". The "Opinions" pointed out that asset management institutions such as China shall be encouraged to initiate the establishment of products that can invest in the stocks of listed companies on the Beijing Stock Exchange.
Beijing: 8 districts have stably achieved zero social status. This round of epidemic has been effectively controlled
html On May 28, Beijing Municipal Government Spokesperson Xu Hejian said that Beijing has achieved a decline in the number of new coronavirus pneumonia cases for six consecutive days. On the 27th, the social status of the epidemic has been effectively controlled. The number of cases has been cleared, and 8 districts have stably achieved social clearance. This round of epidemic has been effectively controlled.Tesla Shanghai has implemented a double shift system, and production is expected to fully return to normal in June.
Learned from inside the Tesla Shanghai Gigafactory that the current Tesla Shanghai Lingang Superfactory has increased from the original single shift system to a double shift system. A relevant person said that production is expected to fully return to normal levels next month.
Pinduoduo 2022’s first-quarter performance was better than market expectations
Pinduoduo’s Q1 net profit was 2.6 billion yuan. The market expected a profit of 1.914 billion yuan, and a net loss of 2.905 billion yuan in the same period last year. Pinduoduo’s share price surged as high as 10% before the market opened last Friday.
Actor Jing Tian was fined and confiscated more than 7 million yuan after being investigated for illegal advertising endorsements
Recently, the market supervision department of Guangzhou City, Guangdong Province imposed administrative penalties on actor Jing Tian for illegal advertising endorsements, with a total fine of 7.2212 million yuan.
Three types of Maotai ice cream are first launched in Guiyang at the same time. iMoutai is priced at 59 yuan and 66 yuan.
On May 29, jointly produced by Moutai and Mengniu , three types of Moutai ice cream produced by Mengniu Maanshan factory were first launched in Guiyang and launched on iMoutai at the same time. . It is reported that the prices of three types of Moutai ice cream ( pre-packaged food ) include green plum boiled wine, classic original flavor and vanilla flavor, each priced at 59/66/66 yuan respectively.
[Risk Warning]
☆23:00, Federal Reserve Governor Waller gave a speech on the U.S. economic outlook. Federal Reserve Governor Waller spoke on the U.S. economic outlook. Waller previously said that former Federal Reserve Chairman Volcker had to shock people with interest rate increases because the Fed lacked credibility at the time; but this is not a time to shock people. The remarks once boosted market confidence.
☆ To be determined, domestic refined oil products will open a new round of price adjustment window. The current oil price is expected to increase by 0.28-0.31 yuan per liter. Based on a 50L fuel tank for a family car, it is expected to cost 14-15.5 yuan more to fill it up.
☆ Due to the Memorial Day holiday in the United States, the U.S. stock market will be closed for one day on Monday (May 30). CME’s precious metals and U.S. crude oil contract trading will end at 02:30 Beijing time the next day; ICE’s Brent crude oil Futures contract trading ends at 01:30 Beijing time the next day in advance, so please pay attention.
This article comes from Jinshi Finance
