Real-time News

Futures News, March 27th: With crude oil supply risks persisting and international oil prices rising, coupled with cost support and expectations of further PX production cuts in April, PX market prices are expected to continue their upward trend today.

According to Futures News on March 27, as of 8:30 AM Beijing time, spot platinum rose 1.49% and spot palladium rose 1.23%.

The UK's GfK consumer confidence index for March came in at -21, the lowest level since April 2025.

The Society of Motor Manufacturers and Traders (SMMT) reported that total UK car production fell 17.2% in February to 68,061 vehicles.

Shares of SK Hynix and Samsung Electronics fell by more than 3%.

According to the Saudi Press Agency, the Saudi Crown Prince met with Ukrainian President Zelensky in Jeddah to discuss the escalating regional situation and the Ukrainian crisis.

Federal Reserve Vice Chairman Jefferson: I have some concerns about the vulnerability of private credit.

Perli, Open Markets Account Manager at the Federal Reserve System in New York: There are many options to consider to further reduce the Fed's balance sheet.

Chevron Australia: Working to restore production at its Gorgon and Whitstone gas facilities.

Federal Reserve Governor Barr: The longer inflation remains above 2%, the more likely it is to become entrenched.

Federal Reserve Governor Barr: Recent regulatory policy adjustments and layoffs are weakening market confidence in the stability of the financial system and reducing banks' ability to withstand risks.

Federal Reserve Governor Barr: Job and labor force growth appear to be in a state of equilibrium, but lower hiring levels make the labor market vulnerable to shocks.

Federal Reserve Governor Barr: If the Middle East conflict ends quickly, its economic impact may be limited; otherwise, it could have a broad impact on the economy.

Federal Reserve Governor Barr: The economy has remained resilient through a series of shocks, but these shocks have made it more complicated for the Fed to achieve its 2% inflation target.

Federal Reserve Governor Barr: Concerns that a resurgence of price shocks could alter inflation expectations, leading to more persistent inflation.

Federal Reserve Governor Barr: It is wise for the Federal Reserve to take some time to assess the economic situation before making further policy adjustments.

Federal Reserve Vice Chairman Jefferson: We will closely monitor whether rising costs will have a profound impact on the economy.

Perli, Open Market Account Manager at the Federal Reserve System in New York: The pace of monthly Treasury purchases is likely to slow significantly after mid-April.

Federal Reserve Vice Chairman Jefferson: The current policy stance should continue to support the labor market and encourage inflation to fall back down.