Category: Flash News

On May 3, according to the U.S. Commodity Futures Trading Commission (CFTC), as of the week of April 29, speculators had reduced the net short position of CBOT two-year treasury bond bond futures by 91618 hands to 1206377 hands, the net short position of five-year treasury bond bond futures by 101110 hands to 2292544 hands, the net long position of 10-year treasury bond bond futures by 34569 hands to 871537 hands, and the net short position of ultra long treasury bond bond futures by 3792 hands to 251394 hands.

On May 3rd, according to the US Commodity Futures Trading Commission (CFTC), as of the week ending April 29th, the speculative net long position of WTI crude oil futures increased by 2716 lots to 116599 lots; The net long position of natural gas futures in the NYMEX and ICE markets decreased by 14904 lots to 185432 lots.

On May 3rd, according to the US Commodity Futures Trading Commission (CFTC), the speculative net long position of COMEX gold futures decreased by 9857 lots to 115865 lots in the week ending April 29th; COMEX silver futures speculative net long position increased by 5078 lots to 31252 lots; COMEX copper futures speculative net long position increased by 3424 lots to 20013 lots; The net short position in NYMEX platinum has decreased to 2183 contracts; The net short position in NYMEX palladium increased to 13619 contracts, reaching a new high in approximately eight months.

On May 3rd, Goldman Sachs stated that it expects OPEC+to announce tomorrow that it will increase its supply by 410000 barrels per day for the second consecutive month in June. Maintaining the expectation of an average Brent/WTI crude oil price of $63/59 for the remainder of 2025, it is expected to be $58/55 in 2026. It is expected that Iran’s supply will continue to experience a moderate decline from the second half of 2025. Continuing to estimate a global economic slowdown or a complete reversal of OPEC+’s voluntary production cuts of 2.2 million barrels per day could push Brent crude oil prices to the $40 range by 2026, and in the unlikely extreme scenario, Brent crude oil prices would fall below $40.

On May 3, recently, researchers from the Earth Life System Early Evolution Team of the Chinese Academy of Sciences Nanjing Institute of Geology and Palaeontology cooperated with American researchers to establish the Cambrian and Ordovician trilobite body type database with the most complete data so far, and through comprehensive research on the evolution of trilobite body type, it was found that oxygen content or an important factor in the control of biological body type. The research achievement was published online on May 3rd in the international academic journal Science Advances, Beijing time.

On May 3rd, according to relevant sources, on the evening of the 2nd local time, Israeli Prime Minister Netanyahu presided over a government security consultation meeting, which preliminarily approved the expansion of military operations in the Gaza Strip. It is expected that the Israeli military will recruit tens of thousands of reserve personnel as a result. However, the news also stated that Israel is expected to expand its military operations to a limited extent, without the aim of occupying large areas of Gaza. The Israeli government is expected to hold a meeting on the 4th to give final approval to the relevant plans.

On May 3rd, according to the Emergency Management Bureau of Wuzhong District, Suzhou City, at around 17:00 on May 2nd, an R44 II helicopter (registration number B-7541) crashed from a height of about ten meters above the ground while returning from flying over Wuzhong District. The incident resulted in 4 onboard personnel being injured and 1 ground personnel dying. Emergency, public security, health and other departments in Wuzhong District carried out rescue operations and sent 4 injured people to the hospital for treatment, all of whom are currently in no life-threatening condition. The Jiangsu Civil Aviation Administration is conducting an accident investigation. (CCTV News)

On May 3rd, Vice President of the European Central Bank, Jindos, stated that the ECB can remain optimistic about inflation and that the eurozone will not fall into an economic recession. The economic risks emphasized in March are now becoming a reality. The European Central Bank does not set exchange rate targets, but will closely monitor them.

On May 2nd, the First Deputy Prime Minister and Minister of Economy of Ukraine announced that the “US Ukraine Reconstruction Investment Fund” agreed upon by the US and Ukraine on April 30th, also known as the “US Ukraine Mineral Agreement,” has been submitted to the Ukrainian parliament. According to the Ukrainian International News Agency on the 2nd, the Verkhovna Rada (parliament) of Ukraine will hold a special session on May 8th to review and vote on the agreement reached between the United States and Ukraine. Sviridenko stated that if the parliament passes smoothly, the “US Ukraine Reconstruction Investment Fund” is expected to officially operate within one to one and a half months. The Ukrainian side hopes that the fund will be launched as soon as possible and sees it as an important tool to promote Ukraine’s economic recovery.

On May 2nd, Canadian Prime Minister Carney said that he will go to the White House next Tuesday (6th) to meet with US President Trump. The key topics of the meeting will be the current trade pressure and the broader future economic and security relationship between Canada and the United States. Carney emphasized that the old relationship between Canada and the United States, which was based on steadily strengthening integration, has come to an end. The current question is how the two countries will cooperate in the future and where Canada will go.