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The Iranian armed forces stated that they respect Türkiye's sovereignty and denied firing any missiles at its territory.

On March 5th, Shen Danyang, head of the drafting group for the Government Work Report and director of the State Council Research Office, stated at a press briefing held by the State Council Information Office that this year's Government Work Report proposed "promoting reinvestment of foreign capital in China and expanding localized production," reflecting the Chinese government's continued commitment to high-level opening-up and its firm determination and confidence in welcoming multinational corporations to invest and develop in China long-term. my country has always been a highly attractive investment destination for global capital. Shen Danyang noted that recent surveys of multinational corporations by some foreign institutions show that over 90% of respondents will continue to invest in China, and nearly 70% of senior executives are confident about their development in China over the next 3-5 years. Shen Danyang stated that, based on the current situation, foreign investment in China presents four new opportunities: a massive market, a thriving service industry, an innovative ecosystem, and a high level of openness.

On March 5th, the State Council Information Office held a briefing. Shen Danyang, head of the drafting group for the Government Work Report and director of the State Council Research Office, stated that this year, support for offline brick-and-mortar retail will be further increased, focusing on subsidies and concentrating on supporting the trade-in of key consumer goods with broad coverage and strong multiplier effects, such as automobiles, refrigerators, washing machines, and televisions. New products will also be added, such as smart glasses, so that more people can receive subsidies and upgrade to these products. The positive momentum of consumer spending growth this year was already evident in the first two months, especially during the recent Spring Festival holiday, when the national consumer market was very active.

Qatar Airways: Due to airspace closures, Qatar Airways' flights departing from Doha remain suspended.

On March 5th, Merck announced that due to declining global demand for HPV vaccines, it has decided to optimize its production capacity. The HPV vaccine production line at its Durham, North Carolina facility will be shut down, affecting approximately 150 employees. Merck stated that it continuously assesses operational conditions and business changes, making adjustments as necessary to ensure a stable and compliant supply of drugs and vaccines through its manufacturing network. Furthermore, Merck maintains a stable supply of its HPV vaccines in the Chinese market.

On March 5th, former US Secretary of State Antony Blinken stated that achieving genuine change in Iran requires a sustained concentration of US military power in the Middle East, which could deplete US weapons reserves and make the US vulnerable to attacks from other adversaries. Blinken said, "Our arsenal is exhausted, and rebuilding it will take a long time, putting us at a disadvantage against countries like Russia." He added, "They (Iran) want to inflict so much pain on us that we cannot sustain the war." Ultimately, however, the US's ability to continue will depend on "markets and arms supplies." Blinken warned that if the American people do not support sustained military action, including the potential deployment of US ground troops to ensure positive change in the Tehran government, "most of [Iran's] strength can eventually be rebuilt." "Theoretically, the president could declare victory tomorrow, claiming the regime has been severely damaged—missiles, nuclear program, navy—and that would be the end of it. But what would be the point?"

On March 5th, at a press briefing held by the State Council Information Office, Shen Danyang, head of the drafting group for the Government Work Report and director of the State Council Research Office, stated that this year's economic growth target is essentially summarized in two sentences: "Economic growth of 4.5%-5%, and striving for even better results in practical work." This "two-sentence target" comprehensively considers domestic economic performance and changes in the external environment, balancing needs and possibilities; it is a proactive and pragmatic goal that "reaches high while maintaining a steady pace." The inclusion of "striving for even better results in practical work" demonstrates a proactive and enterprising goal orientation and policy approach. By making full use of all favorable conditions, it is entirely possible to achieve better results and realize effective qualitative improvement and reasonable quantitative growth.

March 5th, Futures News: Economies.com analysts' latest view: WTI crude oil futures prices rose in the latest intraday trading and are currently preparing to test the resistance level of $77.35, which we previously considered a potential target. The price broke through the 50-day moving average (EMA50) support, further solidifying the stability and dominance of the main short-term uptrend. Technically, the Relative Strength Index (RSI) is starting to issue new positive signals after prices successfully escaped previous overbought conditions. This provides more room for the market to continue its upward trend in the short term, especially if prices can break through and stabilize above the resistance level.

March 5th Futures News: Economies.com analysts' latest view: In the latest intraday trading, Brent crude oil futures prices recorded gains, and the Relative Strength Index (RSI) has begun to show positive divergence. After a significant oversold condition, the relevant indicators have released positive signals. In the short term, the main bullish trend remains dominant, and the price continues to trade above the 50-day EMA, forming dynamic support and further strengthening the positive driving force on prices.

March 5 - Latest reports indicate that as of the afternoon of March 4 local time, at least 1,045 people in Iran have been killed and more than 6,000 injured in attacks by the United States and Israel.

Market news: Japanese investors sold off the largest amount of overseas bonds since 2024 last month, and market observers are closely watching fund flows for signs that rising Japanese bond yields are triggering a capital repatriation.

Data released by research firm New Automotive shows that Tesla (TSLA.O) sold 2,208 cars in the UK in February, a 45.2% year-on-year decrease.

On March 5th, Daiwa issued a report stating that NetEase-S (09999.HK)'s "Sixteen Sounds of Yan Yun," featuring over 10,000 AI-driven non-player characters (NPCs), is a prime example of AI-native gameplay, a technology difficult for other game developers to replicate. Therefore, Daiwa believes the development cycle for core AAA games will still require approximately 5 years, and the impact of AI on development timelines is currently limited. The bank reiterated its "Buy" rating on NetEase and maintained its target price of HK$257 based on SOTP. In the long term, Daiwa expects revenue growth from NetEase's classic game copyrights to be slow, and the revenue growth from the launch of the free-to-play server for "Fantasy Westward Journey" is likely a one-off boost. Furthermore, the bank believes that NetEase's dual-listing strategy has structural positive implications; if included in the Hong Kong Stock Connect program in the future, it will further improve stock liquidity while reducing long-term listing risks.

March 5th - The draft outline of the 15th Five-Year Plan proposes: Improving the quality and level of trade and investment cooperation. Strengthening coordination between imports and exports, emphasizing both goods and services, and comprehensively attracting foreign investment and overseas investment to create new advantages in international trade and two-way investment cooperation. Promoting innovative development in trade. Attracting and utilizing foreign investment with greater力度. Promoting international industrial and investment cooperation.

March 5th - The draft outline of the 15th Five-Year Plan proposes: Actively and steadily promote and achieve carbon peaking. It calls for coordinating development and emission reduction, solidly carrying out carbon peaking actions, accelerating the adjustment and optimization of industrial structure, energy structure, and transportation structure, and ensuring the timely achievement of carbon peaking targets. It also calls for the comprehensive implementation of a dual control system for total carbon emissions and carbon intensity. Furthermore, it promotes energy conservation and carbon reduction in key sectors and enhances the capacity to address global climate change.

March 5th - The draft outline of the 15th Five-Year Plan, in its deployment of strengthening the employment-first policy, proposes: stabilizing and expanding employment for key groups such as college graduates, migrant workers, and veterans; strengthening employment assistance for disadvantaged groups, promoting the re-employment of the unemployed, and ensuring that at least one person in every zero-employment household finds employment; increasing support for entrepreneurship and enhancing its job-creating effect; and comprehensively addressing the impact of changes in the external environment and the development of new technologies such as artificial intelligence on employment.

March 5th - The draft outline of the 15th Five-Year Plan proposes: Improving the macroeconomic governance system; enhancing macroeconomic control and government governance to promote a more domestically driven, consumption-led, and endogenous economic development model; improving the macroeconomic control system; improving the modern fiscal system; and accelerating the construction of a strong financial nation.