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Real-time News
According to Futures News on April 20, as of 8:30 AM Beijing time, spot platinum rose 0.49% and spot palladium rose 0.31%.On April 20th, Viva Energy Group announced that its Geelong refinery will ramp up production of diesel, jet fuel, and petrol to 90% of full capacity in the coming weeks, following a major fire that forced it to reduce output. The company stated that its inventory is sufficient to offset the production drop and that it does not expect to impact customers.On April 20, Zheng Shanjie, Secretary of the Party Leadership Group and Director of the National Development and Reform Commission, published an article in the Peoples Daily entitled "Continuously Enhancing National Economic Security Capabilities to Safeguard the New Development Pattern with a New Security Framework." The article states that it is necessary to improve mechanisms for countering sanctions, interference, and "long-arm jurisdiction" to prevent and counter extreme external containment and suppression. It also emphasizes strengthening trade risk prevention and control, improving export control and security review mechanisms, and protecting the rights and interests of foreign investors in accordance with the law. Furthermore, it stresses adhering to the principle of "not going to dangerous areas, not going to chaotic areas, and not investing in dangerous industries," continuously strengthening the protection of overseas interests and risk prevention and control, establishing and improving coordination mechanisms for regional security work, improving the security guarantee system for the Belt and Road Initiative, and effectively safeguarding the safety and legitimate rights and interests of Chinese citizens, organizations, and institutions overseas.Dutch near-month natural gas contracts rose more than 8% to €42.05 per megawatt-hour.SK Hynix: Begins production of SOCAMM2 chips designed specifically for NVIDIA Vera Rubin chips.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.