EUR/USD
1.15320
-0.064%
Gold
4995.08
-0.221%
Oil
93.333
-1.981%
USD/JPY
158.963
-0.019%
GBP/USD
1.33518
-0.025%
GBP/JPY
212.248
0.017%
Real-time News
March 18th - Daiwa Securities estimates that if crude oil prices trade around $90 per barrel, Japans net imports will increase by approximately 8.1 trillion yen. The estimates show this figure rises to 11.4 trillion yen at $100 per barrel and to 17.8 trillion yen if prices reach $120 per barrel. A widening trade deficit could further pressure the yen, leading to increased import costs and ultimately eroding corporate profits.On March 18, the Taiwan Affairs Office of the State Council held a regular press conference. According to Reuters, a large-scale US arms sale to Taiwan, including advanced interceptor missiles, is about to be submitted to President Trump for approval, and Trump may sign it after his visit to China. What is your comment on this? Chen Binhua, spokesperson for the Taiwan Affairs Office, stated that we firmly oppose relevant countries selling weapons to Taiwan, and this position is consistent and clear. The US should adhere to the one-China principle and the three Sino-US joint communiqués, handle the issue of arms sales to Taiwan prudently, and take concrete actions to safeguard the stability of Sino-US relations and peace across the Taiwan Strait.March 18th - Recently, several domestic airlines have raised fuel surcharges on international routes, with increases generally exceeding 50%, and some routes even doubling. Against the backdrop of rapidly rising international oil prices, airline cost pressures are being rapidly passed on to ticket prices. According to market sources, China Southern Airlines has also recently notified its agents of its plans to adjust fuel surcharges on international routes. For domestic routes, the next adjustment window for fuel surcharges is April 5th. Currently, the January 5th standard remains in effect: 10 yuan for routes under 800 kilometers and 20 yuan for routes over 800 kilometers. Industry insiders generally expect that as oil prices continue to rise, more airlines may follow suit, further increasing travel costs for passengers.Futures Commentary by Everbright Futures: Overnight, international gold prices were mixed. London spot gold fluctuated narrowly, COMEX gold futures rose 0.18%, and SHFE gold fell 0.16%. The Federal Reserve will hold its March interest rate meeting early Thursday morning Beijing time. This meeting will focus on three key areas: 1. Whether monetary policy will shift. The meeting will release the latest dot plot. At the December meeting, officials were divided, with the median expectation being one rate cut (25 basis points) this year. The focus this time is whether further rate cuts are possible. 2. The Summary of Second Quarter Forecasts (SEP). Fed officials will make predictions on inflation and economic trends, especially the actual impact of the March oil price surge on inflation. 3. The Fed Chairmans post-meeting remarks. This is the first Fed meeting since the Middle East conflict. Facing rising oil prices, weak employment, and legal investigations, Chairman Powells statements at the press conference are worth watching, especially how he assesses the "two-way risk" of the oil price surge triggered by the Middle East conflict on inflation and growth. Gold may experience increased volatility after the meeting; cautious trading is advised. 4. Geopolitically, the US-Iran conflict remains unresolved. Trump stated that most NATO allies have indicated their unwillingness to be involved in US military action against Iran, and that the US "does not need anyones help." Israel stated that two senior Iranian officials have been "eliminated." 5. The US-Iran conflict remains the focus of gold trading. A buy-on-dips strategy is recommended. Regardless of future inflation or stagflation expectations, golds strategic allocation position will increase. Liquidity concerns have actually provided investors with an opportunity to buy and hold at lower prices. (This content and opinion are for reference only and do not constitute any investment advice.)According to NHK, the Japan-US summit will issue a joint statement agreeing to a second round of investment exceeding 11 trillion yen.
