GoldenOctober2024

A US public opinion survey shows that about 57% of respondents believe that Trump's economic measures are too unstable, with about one-third of Republicans agreeing. While 79% of Republicans believe that Trump's economic actions will "pay off in the long run," about 61% of respondents believe that Trump's top priority should be to control prices pump. About 70% of respondents believe that higher tariffs will lead to a rise in cost of living rise.

The dollar index pump0.31% on the day, closing at 103.612. The euro exchange rate fell to $1.0885, the pound exchange rate rose to $1.2967. The dollar against the yen Exchange Rate pumped to 148.34 yen, against the Swiss franc fell to 0.8823 Swiss francs, against the Canadian dollar fell to 1.4364 Canadian dollars, against the Swedish krona rose to 10.0877 Swedish krona.

Russian President Putin listened to the report of the Chief of General Staff of the Russian Armed Forces at the Kursk Army Command Post meeting, where the Russian army liberated 1100 square kilometers of territory, and the Ukrainian army suffered 67,000 casualties. The Kiev regime's attempt to establish a bridgehead in Kursk failed.

Analysts at National Bank of Canada pointed out that the Central Bank of Canada emphasized its attitude towards inflation risks in its latest interest rate decision, no longer mentioning excess capacity, and believed that the economic foundation is solid. The Central Bank continues to be cautious about cutting interest rates, will strictly rely on data, and avoid rash interest rate cuts due to trade dispute expectations.

March 13th, according to Jinshi data, as of the close of the day, the price of light crude oil futures for April delivery on the New York Mercantile exchange rose by $1.43 to close at $67.68 per barrel, an increase of 2.16%; the price of London Brent crude oil futures for May delivery rose by $1.39 to close at $70.95 per barrel, an increase of 2%.

On March 13, Jinshi data, as of the 2:30 close, the Shanghai Gold market maker contract rose by 0.70% to 684 yuan/gram, the Shanghai Silver market maker contract rose by 1.03% to 8148 yuan/kg, and the SC Crude Oil market maker contract rose by 1.57% to 525 yuan/barrel.

On March 13th, Jinshi data reported that the Scottish police in the UK stated on March 12th local time that a 33-year-old man was arrested on suspicion of 'destroying' a golf resort owned by US President Trump in Scotland. The Scottish police said that they received a report at 4:40 am on the 8th and launched an investigation. The police found that someone had vandalized the resort clubhouse with red spray paint, and also painted 'Gaza not for sale' on the lawn, which was 3 meters wide.

Jinshi data news on March 13th, local time on March 12th, the European Parliament passed an amendment to confirm the 'Eastern Shield' plan proposed by Polish Prime Minister Tusk as the flagship project of EU common security. The amendment emphasizes that protecting the land, sea, and air borders of the EU contributes to the security of the entire EU, especially its eastern borders. The amendment points out that the 'Eastern Shield' and the Baltic Defense Line should become flagship projects of the EU to support deterrence and overcome potential threats from the east.

On March 13, Jinshi Data reported that Spanish Foreign Minister Alvarez stated at a House of Commons meeting on the 12th that the Spanish government currently has not considered nor discussed sending troops to Ukraine. Alvarez emphasized that Spanish Prime Minister Sanchez believes that discussing this issue "is premature" while the Russia-Ukraine conflict is still ongoing.

President Trump meets with Irish Prime Minister Martin to discuss trade relations, accusing Ireland of 'stealing' American companies through tax policies and criticizing trade imbalances. Trump states that tariffs are flexible but have many restrictions after implementation, accusing the EU and Ireland of taking advantage of the US. He also mentions Ireland's control of the American pharmaceutical industry and discusses the situations in Ukraine and Gaza.

Molly Beerman, Chief Financial Officer of American Aluminum, stated that the company produces 290,000 tons of aluminum annually from two smelters in the United States, benefiting from steel tariffs. However, the production volume of the Canadian business is three times that of the United States. Imposing a 25% tariff on Canadian aluminum would result in tens of millions of dollars in losses for the company, potentially affecting future earnings.

On March 13th, Jinshi Data reported that on the 12th local time, Iranian Supreme Leader Khamenei stated during an event that the U.S. President claimed to be ready to negotiate with Iran. They said, 'We are willing to negotiate. Negotiation can achieve peace, but Iran is unwilling.' This is deceiving public opinion. Khamenei stated, why is Iran unwilling to negotiate? Because Iran has been sitting at the negotiating table for several years, but it is the same person (Trump) who tore up completed and signed documents. Iran knows that negotiation is not feasible, so those calls for negotiation are all deceiving public opinion.

Russian President Putin may delay the ceasefire protocol in Ukraine to seek the most favorable conditions, hoping to safeguard his own interests and eliminate external interference. The Kremlin demands that its conditions be included in the ceasefire protocol, which may prevent the Ukrainian delegation from reaching a protocol with the United States. It may also demand a halt to the provision of weapons to Ukraine as a ceasefire condition.

Jinshi data news on March 12th, recently, the performance of active equity funds has significantly improved, and there are also some positive signals on the sales side. Some products have ended their fundraising ahead of schedule, and the fundraising scale of a single fund has reached a new high for similar products this year. Has the long-silent active equity fund sales market really warmed up? Interviews with many industry insiders revealed that currently, there are obvious net purchases in some online channels, but overall, the actual changes on the sales side are not significant, and it will take some time for a real recovery.

The Central Bank of Canada has lowered the key policy interest rate to 2.75%, warning of a possible new crisis. Considering the rising costs and weak demand, the interest rate will be adjusted prudently. This is the seventh consecutive rate cut, totaling 225 basis points, making Canada one of the most aggressive Central Banks globally. McCallum said the economic foundation will be solidified before 2024, but currently faces uncertainty and potential economic impacts.

On March 12th, Jinshi data reported that the Central Bank of Canada cut interest rates by 25 basis points as scheduled, reducing the Interest Rate from 3.00% to 2.75%.

Jinshi Data News on March 12th, according to the Financial Times, in this month's spring fiscal report, it is expected that there will be no announcement of reforms to cash ISA savings accounts to inject more funds into the troubled stock market in the UK, but officials say the Chancellor is still considering the reform. Colleagues of Rieves said she is determined to retain the incentive measures for tax-free cash savings in the ISA system, but she is also considering possible reforms to ensure investors maintain a proper balance between cash and stocks.

Global investors, due to the uncertain economic outlook in the United States and the rising risk aversion, have turned to the U.S. Treasury market as their first choice. The stock market has declined, with the NASDAQ index falling by more than 13% cumulatively, while U.S. bonds have shown strength, attracting safe-haven funds. 2-year, 5-year, and 10-year U.S. Treasury futures are pumping. U.S. bonds have become the preferred investment due to concerns about economic recession.

Henggong Precision announced that the recent price Fluctuation of the company's stock is abnormal, with main business in robot decelerators and humanoid robot components, accounting for 1.76% of the revenue in 2024. There is uncertainty in the future humanoid robot market and business development, and investors should handle risks cautiously.