11:02:21
Goldman Sachs: Oil demand is expected to grow by 1.5 million barrels per day in 2024, raising its demand forecast for India and the United States.
11:01:23
Goldman Sachs: We took profit on the $70 put and $80/90 call spread on June 24 Brent futures and extended the trade to December 24.
10:58:51
Goldman Sachs: A sustained decline in Brent crude oil prices below $70 may require weaker demand and a shift in Saudi strategy.
10:58:33
Goldman Sachs: It still expects Brent crude oil prices to average $80 in 2025, which is $5 higher than the forward price.
10:58:22
Goldman Sachs: Brent crude oil is expected to rise slightly to a peak of $87 per barrel in the summer of 2024 (compared to the previous $85), as disruptions in the Red Sea lead to unexpected reductions in oil reserves in OECD countries.
10:31:57
Market news: U.S. Trade Representative Dai Qi will visit Abu Dhabi, United Arab Emirates, from February 26 to March 1.
10:18:15
U.S. Central Command: The missile hit the water and did not cause any damage or casualties.
10:17:51
U.S. Central Command: Yemen’s Houthi armed forces launched an anti-ship ballistic missile in the Gulf of Aden on February 24 that may have targeted the MV TORM THOR.
10:07:41
Chief Cabinet Secretary Hayashima Hayashi of Japan: It is expected that TSMC’s second factory will accelerate the formation of a virtuous cycle.
09:53:38
Market news: U.S. Treasury Secretary Yellen will travel to Sao Paulo, Brazil, on Monday to attend the G-20 event.
09:00:57
The main iron ore contract fell by 2.00% during the day and is now at 885.50 yuan/ton.
09:00:08
At the opening of early trading, most of the main domestic futures contracts fell, with the container shipping index (European line) falling by nearly 3%, and low-sulfur fuel oil (LU), fuel oil, soybean 2, caustic soda, SC crude oil, urea, and liquefied petroleum gas (LPG) falling by more than 1 %. In terms of growth, lithium carbonate and butadiene rubber (BR) rose by more than 1%.
08:50:13
Spot gold fell below $2,030 per ounce, down 0.28% on the day.
08:14:39
South Korea requires intern doctors to return to work before February 29.
07:23:11
U.S. President Joe Biden will meet with congressional leaders on Tuesday to discuss Ukraine aid and the government shutdown.
07:17:57
South Korea’s Finance Minister: Guidelines for market capitalization growth plans will be finalized in the first half of the year.
07:13:13
South Korea plans to provide tax incentives to company shareholders to increase shareholder returns.
07:10:14
According to the Associated Press: U.S. President Biden invited top congressional leaders to the White House on Tuesday.
07:01:06
Spot gold opened $3 lower and is currently trading at $2,032.87 per ounce.
07:00:21
The three major U.S. stock index futures opened basically flat on Monday.