EUR/USD
1.15629
0.040%
Gold
4486.50
-0.436%
Oil
91.301
0.905%
USD/JPY
159.458
-0.003%
GBP/USD
1.33594
-0.033%
GBP/JPY
213.029
0.025%
Real-time News
March 26th Futures News: 1. WTI crude oil futures trading volume was 1,031,433 lots, a decrease of 122,774 lots from the previous trading day. Open interest was 1,993,722 lots, a decrease of 8,343 lots from the previous trading day. 2. Brent crude oil futures trading volume was 230,750 lots, a decrease of 19,198 lots from the previous trading day. Open interest was 316,280 lots, an increase of 651 lots from the previous trading day. 3. Natural gas futures trading volume was 300,521 lots, a decrease of 90,680 lots from the previous trading day. Open interest was 1,505,694 lots, an increase of 1,642 lots from the previous trading day.On March 26, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with outgoing Indian Ambassador to China, Rohto Kolinda, in Beijing. Wang Yi praised Rohtos efforts and contributions to the development of China-India relations. Wang Yi stated that under the strategic guidance of the leaders of both countries, China-India relations have embarked on the right track of improvement and development. China and India are two major neighbors and two major emerging economies, and their common interests far outweigh their differences. Without the modernization of China and India, there is no modernization of the world. Faced with a complex and volatile international situation, China is willing to work with India to implement the important consensus reached by the leaders of the two countries, adhere to the principle that each country is a development opportunity for the other, not a threat, and is a partner rather than a competitor; expand mutually beneficial cooperation in various fields; safeguard the common interests of the Global South; strengthen multilateral cooperation within mechanisms such as BRICS; and consolidate the hard-won positive momentum of China-India relations.On March 26, it was learned that Belarusian President Alexander Lukashenko and North Korean General Secretary of the Workers Party of Korea and Chairman of the State Affairs Commission Kim Jong Un signed a treaty of friendship and cooperation between the two countries in Pyongyang. Lukashenko stated that this foundational document outlines the goals and principles of bilateral cooperation and establishes the institutional framework for future mutually beneficial processes. During his talks with Kim Jong Un, Lukashenko indicated that relations between Belarus and North Korea have entered a new phase. Lukashenko arrived in Pyongyang on March 25 for a two-day visit to North Korea. This is the first visit to North Korea by a Belarusian leader.March 26 – Investors are searching for the “pain point” that could prompt President Trump to change his policy on the Iran war, as the president’s social media posts have triggered sharp fluctuations in the oil market. Since Trump launched his Middle East wars, he has often intensified his threats against Iran during weekend oil market closures and hinted at impending peace when oil prices rise. This pattern highlights the central role of the oil market in the conflict process and the White House’s success in preventing oil prices from spiraling out of control – at least so far. “It’s clear that Trump is afraid of high oil prices… Gasoline prices above $4 are politically fatal,” said Jorge Montepek, an oil analyst at Onyx Capital Group. “On the other hand, his pride is also important. He can’t let himself look like he’s lost.” A veteran energy trader noted a clear pattern: whenever U.S. oil prices approach $95 to $100 a barrel, the government’s conciliatory rhetoric increases, and market speculation about potential government intervention in the oil market intensifies.On March 26, Russian Foreign Ministry spokeswoman Maria Zakharova stated at a regular press conference on March 25 that Japans intensified military cooperation with Ukraine would further diminish the prospects for a peaceful resolution to the Russia-Ukraine conflict. According to the Russian Foreign Ministry website, Zakharova commented on Japanese media reports that the Japanese government was considering purchasing Ukrainian-made drones. She said such reports indicate that Japan is increasingly involved in military cooperation with Ukraine, given the Ukrainian authorities public expression of a desire to exchange drones for other weapons. Zakharova reiterated Russias warning, stating that any attempt by the Japanese leadership to provide lethal weapons and military equipment to Ukraine would be considered a hostile act by Russia and would inevitably provoke severe retaliatory measures.
