• 2025-03
    22

    On March 22, according to a statement released on the official website of the Office of the Supreme Leader of Iran on the 21st, Iranian Supreme Leader Ayatollah Khamenei stated in a speech during a meeting with thousands of people from all walks of life in the capital Tehran that if the United States takes any malicious actions against Iran, it will be dealt a heavy blow.

  • On March 22nd, the settlement price of international crude oil futures rose slightly. WTI crude oil futures closed up 0.31% in May at $68.28 per barrel, with a cumulative increase of about 2% for the week. Brent crude oil futures closed up 0.22% in May at $72.16 per barrel, with a cumulative increase of about 2.2% for the week.

  • On March 22, Goldman Sachs maintained its bullish forecast for copper, expecting copper prices to reach $10200 per ton in the fourth quarter of 2025. If the trade update fails to show an acceleration in the implementation of the new tariffs compared to S232, then the COMEX-LME copper futures contract premium for the next month should decrease.

  • On March 22, Ukrainian President Zelensky stated at a joint press conference on the 21st that Ukraine’s top priority at present is a ceasefire and is working with the United Kingdom, France, and the United States to advance this matter. He emphasized that reaching a ceasefire agreement is urgent, and monitoring its implementation is equally crucial. Currently, Ukraine is conducting in-depth discussions with the United Kingdom, France, and the United States on this matter. Zelensky also stated that based on past experience and lack of supervision, it is difficult for Russia to maintain a ceasefire. He believes that NATO intervention is the most effective way to ensure Ukraine’s security.

  • On March 22, major European stock indexes collectively closed down, with the German DAX30 index falling 0.47%, the UK FTSE 100 index falling 0.68%, the French CAC40 index falling 0.63%, and the European Stoxx 50 index falling 0.56%.

  • 2025-03
    21

    On March 21st, Suzhou Tiantong Weishi Electronic Technology Co., Ltd. recently reached a strategic cooperation agreement with Suzhou Yuannao Intelligent Technology Co., Ltd., a subsidiary of Inspur Information. This cooperation relies on the research and innovation advantages of Inspur Information’s in vehicle computing platform hardware system, underlying software environment, application framework, etc., combined with Tiantong Weishi’s overall solution, algorithm, and mass production engineering service capabilities in the field of intelligent driving, to carry out multi-level fusion innovation for autonomous driving scenarios. Through software and hardware collaborative optimization design, it enhances the overall development and delivery capabilities in the field of intelligent driving, and promotes the rapid landing of high-level autonomous driving technology.

  • ① 07:30 Japan’s February National Core CPI Annual Rate; ② 08:01 UK March Gfk Consumer Confidence Index; ③ 17: 00 Eurozone January quarterly adjusted current account; ④ 19: 00 UK March CBI industrial order difference, March CBI retail sales difference; ⑤ 20: 30 Canadian January retail sales monthly rate; ⑥ 21:05 Fed’s Williams delivers speech; ⑦ 23:00 Initial Consumer Confidence Index for March in the Eurozone.

  • On March 21st, Ronan Bar, the director of the Israeli National Security Agency (Shin Bet), issued an open letter to Israeli cabinet officials on the 20th local time, stating that he had decided not to attend the internal meeting of the Israeli government held that evening. It is reported that the meeting will vote on his dismissal. Bar stated that the discussions at the meeting violated Israeli law and did not comply with the dismissal procedures for public officials. In the letter, Bar criticized the Netanyahu government’s “baseless accusations” against him as an attempt to cover up their motives for attempting to undermine Simbert’s fulfillment of his duties. Bar stated that Prime Minister Netanyahu is taking action to weaken Israel’s national strength.

  • On March 21, recently, the mass consumption track has warmed up, with cars, food and beverage, Baijiu, household appliances, consumer electronics and other sectors taking turns to rise. The current consumer market is experiencing a surge in popularity, with an increase in the penetration rate of new energy vehicles, a rebound in home appliance sales, offline dining queues, some movies reaching new box office records, and consumer electronics products powered by artificial intelligence (AI) technology selling out. In order to vigorously boost consumption, expand domestic demand in all aspects, increase income and reduce burden to enhance consumption capacity, create effective demand with high-quality supply, optimize the consumption environment to enhance consumption willingness, and address prominent contradictions that constrain consumption, the “Special Action Plan for Boosting Consumption” has recently been launched. Several fund insiders said that its significance lies in further stimulating market vitality and promoting consumption upgrading through a series of specific measures such as innovating diversified consumption scenarios and expanding service consumption. Not only did it stabilize market confidence, but it also pointed out the most promising direction for future consumption growth. (China Securities Journal)

  • On March 21st, Michael Wilson of Morgan Stanley stated that the severe volatility of US stocks that will plague Wall Street in 2025 may continue at least until the second half of this year, and stock prices are expected to remain below the highs reached last month. The company’s chief US stock strategist expects any recent gains to be temporary and led by low-quality companies, given the uncertainty surrounding the outlook for business and economic growth. My best guess is that this will be a rolling recovery, “Wilson said in an interview.” We don’t think it’s likely to hit new highs in the first half of this year. “However, he added that as investors shift their focus to 2026, it’s possible for the stock market to reach a record high in the second half of 2025.