On September 9th local time, the three major U.S. stock indexes rose for three consecutive days and hit two-week highs. Among them, technology stocks rose across the board, and most popular Chinese stocks rose. Buffett continues to increase its stake in Occupy Oil, and Musk's agreement to acquire Twitter has been terminated. The US dollar index fell, and crude oil and other commodities generally rose.
Comprehensive reports from Xinhua News Agency and CCTV, on September 9, local time, the Russian Ministry of Defense said that the Russian army used high-precision weapons to attack Ukrainian military targets in the Donetsk region, Kharkov region and other places. The Ukrainian army continued to shell the city of Aenegordar where Zaporo Thermal Power Plant was located on the same day. EU coordinates energy policy stance to deal with high energy prices, and the UN said it is working to implement the Black Sea Cereals Initiative.
European and American stock markets closed up collectively, and the Nasdaq rose more than 2%
On September 9, local time, the three major U.S. stock indexes opened high and closed high, rising for three consecutive days, and hit two-week highs. Wind data shows that as of the close, the Nasdaq Composite Index rose 2.11% to 12112.31 points; the S&P 500 rose 1.53% to 4067.36 points, a new closing high since August 25; the Dow Jones Industrial Average rose 1.19% to 32151.71 points.
Image source: Wind
Technology stocks rose across the board, Apple rose 1.88%, Amazon rose 2.66%, Netflix rose 2.7%, Google rose 2.09%, and Microsoft rose 2.3%.
Bank stocks rose collectively, JPMorgan Chase rose 0.55%, Goldman Sachs rose 1.51%, Citi rose 1.56%, Morgan Stanley rose 1.18%, Bank of America rose 0.87%, and Wells Fargo rose 0.24%.
energy stocks generally rose, ExxonMobil rose 1.68%, Chevron rose 2.58%, ConocoPhillips rose 3.35%, Schlumberger rose 3.93%, and OccupyPH rose 1.77%.
Most of the popular Chinese stocks rose, Tiandihui rose 16.35%, Lantingjishi rose 10.63%, Zhongyang Finance rose 8.7%, Yixian E-commerce rose 7.87%, and 199 Internet rose 6.5%. Among the stocks falling in html, Yingxi Group fell 10.15%, Dajian Cloud Store fell 9.95%, Shangmax Technology fell 5.33%, and Daily Youxian fell 3.94%. Chinese new energy vehicle stocks rose collectively, with NIO rising 8.26%, Xiaopeng rising 2.82%, and Ideal Auto rising 1.15%.
This week, the Dow Jones Industrial Average rose 2.66%, the S&P 500 rose 3.65%, and the Nasdaq Composite rose 4.14%.
More than Fed officials in their recent speeches have taken little measures to reverse the market's expectations that the Fed will raise interest rates for the third time in a row 275 basis points. Several Fed officials have expressed their hope to raise the federal funds rate to nearly 4% by the end of the year. Among them, the Federal Reserve Brad said that he strongly tends to raise interest rates by 75 basis points, and the faster the pre-emptive interest rate hike, the better, and hopes to reach an interest rate level of 3.75%-4% by the end of 2022.
European stocks closed up across the board, with the German DAX index rising 1.43% and 0.29% weekly. French CAC40 index rose 1.41% and rose 0.73% weekly. The FTSE 100 index rose 1.23% and rose 0.96% on the weekly basis.
Buffett continues to increase his stake in Occupy Oil
Buffett's Berkshire Hathaway's shareholding in Occupy Oil has increased to 26.8%, up 20.2% on August 8. In August, the Federal Energy Administration Commission (FERC) approved Berkshire to hold up to 50% of Occupy Oil shares. Berkshire has been expanding its stake in Occupy this year. Three years ago, the company made its first bet on Occupy Oil.
Musk's agreement to acquire Twitter has been terminated
On the 9th local time, Twitter (TWTR) US stock rose 0.84%, and fell more than 1.0% after the market. Tesla CEO Musk submitted a revised 13D report on the Twitter merger case, saying that the consultants have sent letters to Twitter several times on the basis of termination of the merger transaction.
The lawyer for Tesla CEO Musk said that Musk's $44 billion acquisition of Twitter has been terminated due to Twitter's recent agreement with a whistleblower and paid him $7.75 million.
"down" USD. Commodities such as crude oil generally rose
In terms of commodities, international crude oil futures rebounded for two consecutive days.Wind data shows that NYMEX crude oil futures closed up 3.06% to $86.10 per barrel; Brent crude oil futures closed up 3.67% to $92.42 per barrel.
Image source: Wind
International precious metals futures generally closed up. As of the close, COMEX gold futures rose 0.43% to $1,727.6/oz, and COMEX silver futures rose 1.86% to $18.785/oz. This week, COMEX gold futures rose 0.29%, and COMEX silver futures rose 5.06%.
European Natural gas futures fell. Among them, ICE UK natural gas futures closed down 7.94% to 378.29p /kcal; continental European TTF benchmark Dutch natural gas futures closed down 6.1% to 207.091 euros/mWh.
London base metals rose collectively, LME copper futures rose 0.74% to $7868.5/ton, LME zinc futures rose 2.08% to $3192.5/ton, LME nickel futures rose 5.55% to $22960/ton, LME aluminum futures rose 0.95% to $2289/ton, LME tin futures rose 0.01% to $21345/ton, LME lead futures rose 2.76% to $1933.5/ton. In terms of the foreign exchange market, as the stock market rises and risk aversion cools down, the US dollar index accelerates to fall from its highs since 2002. In the late trading of in New York, the US dollar index fell 0.63% to 108.97, non-US currencies generally rose, the euro rose 0.45% against the US dollar to 1.0043, the pound rose 0.67% against the US dollar to 1.1582, the Australian dollar rose 1.44% against the US dollar to 0.6847, the US dollar fell 1.11% against the Japanese yen to 142.50, and the US dollar fell 1.07% against the Swiss franc to 0.9601.
Image source: Wind
EU coordinates energy policy positions to deal with high energy prices
EU Energy Ministers’ Special Meeting was held in Brussels, Belgium on the 9th. The energy ministers of 27 EU member states agreed to formulate emergency measures as soon as possible to alleviate rising energy prices.
Since the outbreak of the Russian-Ukrainian conflict, due to the backlash effect of the EU sanctions on Russia, Europe has tight energy supply and the sharp surge in electricity and natural gas prices have put a lot of pressure on the European inflation situation and the EU economy.
EU rotating presidency Czech Minister of Industry and Trade Joseph Sikra said at a press conference that the meeting reached an agreement on the common direction of emergency measures. European Commission will make strong and practical suggestions within a few days, making every effort to help people and businesses facing high energy prices.
European Commissioner Cadri Simson, who is in charge of energy affairs, said at a press conference that extreme weather this summer has exacerbated the imbalance of energy supply and demand. The production and energy supply of hydropower and nuclear power in some member countries have been affected, and families and enterprises need further assistance and protection.
It is reported that the EU Commission’s proposed emergency measures include: coordinating EU member states to reduce electricity demand; setting an upper limit on the revenue of low-cost power generation companies, levying taxes on the profits of fossil fuel power generation companies; and formulating emergency and temporary intervention measures, including considering setting a price limit on natural gas.
The European Commission had previously proposed to set a price limit for natural gas exported by Russia, and EU member states had major differences on this. Some members are concerned that the measure will further affect Russia's natural gas supply to Europe, and some believe the move does not help calm the rising gas prices.
The European Commission is expected to announce the specific details of the proposal for emergency measures next week and submit it to the governments of each member state for discussion. The EU Energy Minister will meet again to negotiate and approve the final version.
Hungary Foreign Minister: Oppose the EU's natural gas price limit measures
On September 9th local time, Hungary's Minister of Foreign Affairs and Foreign Economics Siarto said after the EU Energy Ministers' Meeting that Hungary opposes the European Commission's measures to limit prices on Russian natural gas, because this is just a "disguised sanction" method, which will eventually lead to further rise in natural gas prices and endanger the security of energy supply.
Sialto pointed out that limiting the price of gas on Russia is "absurd" and is a political decision. Its purpose is to "stop importing Russian natural gas" to cut off Russia's source of income, but it will not lower the EU's natural gas price; Brussels 's sanctions on Russia are completely contrary to the interests of the EU and have failed.
Cialto said that if Russian gas is banned from entering the European market, Hungary will face a serious threat to energy supply security. At present, Hungary's natural gas supply is in a stable state, and the EU lacks foresight on this issue.
According to Siarto, a total of nine member states, including Hungary, opposed the measure.
Russia said it would attack Ukrainian military targets in Donetsk and other places
On the 9th local time, the Russian Ministry of Defense stated that the Russian army used high-precision weapons to attack Ukrainian military targets in Donetsk and Kharkiv regions. Ukraine said that the Ukrainian army recovered some of the lost land from the Russian army.
Russian Defense Ministry spokesman Konashenkov reported on the 9th that Ukrainian troops retreated after failing to attack in the direction of Nikolayev Krivorog many times. The Russian Aerospace Forces used high-precision weapons to attack the 93rd mechanized brigade of the Ukrainian army in the Donetsk region. Russian air defense forces intercepted several rockets launched by the "Haimas" multi-rocket launcher system in the Khlsong area and other places.
In Kharkiv region, the Russian army used high-precision weapons to attack targets such as the temporary deployment points of the Ukrainian army, the "Haimas" multi-barrel rocket launcher system, and the Ukrainian arsenal. In addition, the Russian Ministry of Defense released a video on the 9th and stated that the Russian reinforcements had advanced towards Kharkov.
Russia said that the Ukrainian army shelled the areas near the Zaporo thermonuclear power plant
Ukraine did not respond
Russian Ministry of Defense issued an announcement on the 9th stating that the Ukraine army continued to shell the city of Aenegordar where the Zaporo thermonuclear power plant was located on the same day, and Ukraine had no response to this. International Atomic Energy Agency Director-General Grossi html in a statement on the 29th called for the immediate cessation of shelling of the Zaporo thermonuclear power plant area.
The Russian Ministry of Defense issued an announcement on the 9th stating that within the past 24 hours, the Ukrainian army launched multiple shellings at the city of Aenegordar, where the Zaporo Thermal Power Plant is located, and the city has cut off power due to shelling of the transmission line. The Russian army immediately launched a counterattack. Russian Ministry of Defense said that nuclear power plant staff are continuing to monitor the safety of nuclear facilities. Ukraine has not responded to this yet.
International Atomic Energy Agency Director-General Grossi said on the 9th that the shelling caused a complete power outage in the city of Aenegordar, which threatened the safe operation of the nuclear power plant and was completely unacceptable.
Due to frequent shelling incidents in recent times, the Zaporo Thermal Power Plant has been disconnected from the external power grid, and only one unit is operating to maintain the Zaporo Thermal Power Plant's own power demand. The International Atomic Energy Agency said on the 9th that power supply from the external power grid and backup power systems is crucial to preventing nuclear accidents. But at present, operators of nuclear power plants have no confidence in whether off-site power can be restored, and they are considering closing the only unit in the nuclear power plant that is still operating. Grossi called for the immediate cessation of shelling of nuclear power plants and its surrounding areas and the establishment of nuclear safety protected areas as soon as possible.
United Nations: It is working hard to implement the Black Sea Cereals Initiative
On September 9, local time, when he was asked by a reporter from Central Radio and Television Station , UN Secretary-General spokesman Diyarik responded to questions related to the Black Sea Cereals Initiative initiated by the United Nations.
After signing a memorandum of understanding on Russia, there are still difficulties in exporting grain and fertilizers. Diyarik said that the sales of grain and fertilizers in the memorandum are commercial activities. The United Nations has been promoted by UNCTAD Secretary-General Greenspan for some time, and UNCTAD has established a special help center to assist enterprises in contacting insurance companies and transportation companies. But Diyarik admitted that Russia's food and fertilizer exports are not sanctioned at present, but under wider sanctions, the risks judged by enterprises from a business perspective are different from those judged by the United Nations.
Regarding Russian President Putin saying that only 3% of the food delivered by Ukraine through its initiative was shipped to the poorest countries, Diyarik said that the United Nations is publishing transportation in a detailed and transparent manner as possible. Most of the grain ships in this initiative implement commercial agreements, some have been signed with Ukrainian suppliers, and the United Nations has no right to interfere in the transportation of ships.But he said that the United Nations has currently rented two humanitarian grain transport ships through World Food Programme . One arrives at Djibouti to transport grain to Ethiopian . The other plans to grind the grain into flour and then send it to Yemen . The third humanitarian grain transport ship has also been announced.
He said that this initiative has caused a significant decline in global food prices, which is also a clear result.
column editor: Zhang Wu Text editor: Cao Fei Title picture source: Visual China Picture editor: Zhu Qing
Source: Author: China Securities Journal
