Domestic News
1. The China Securities Regulatory Commission (CSRC) issued "Several Provisions on the Supervision of Short-Swing Trading."
2. Ministry of Finance: Fiscal policy in 2026 will continue to maintain a more proactive stance.
3. CSRC Chairman: The construction of a market stabilization mechanism with Chinese characteristics will be improved during the 15th Five-Year Plan period.
4. Director of the National Development and Reform Commission (NDRC): GDP growth is expected to exceed 6 trillion yuan this year.
5. Zheng Shanjie: A national-level M&A fund will be established in conjunction with the Ministry of Finance, the People's Bank of China, and other departments.
6. CSRC Chairman Wu Qing: Strict investigation and punishment of behaviors such as riding the wave of hot topics, speculating on concepts, and manipulating the market.
7. Director of the NDRC: The scale of the service industry is expected to exceed 100 trillion yuan during the 15th Five-Year Plan period.
8. Zhengzhou Commodity Exchange (ZCE) issued a risk warning letter: Uncertainty factors in the commodity market are increasing, and the prices of futures contracts such as caustic soda are fluctuating significantly.
International News
1. Bessent: Temporarily allows India to purchase Russian oil stranded at sea.
2. OpenAI releases Codex Security, an AI agent security tool.
3. Traders have fully priced in the European Central Bank's expectation of a 25 basis point rate hike this year.
4. The U.S. International Development Finance Corporation announced a $20 billion marine reinsurance program in the Gulf region.
5. Sources: Dubai gold is offering discounts of up to $30 per ounce compared to the London global benchmark price.
6. A U.S. judge will hold a closed-door "settlement meeting" on Friday regarding Trump's tariff refund case, meeting with relevant parties.
7. U.S. Customs and Border Protection is preparing a refund processing system, which will be operational within 45 days.
8. Federal Reserve – ① Hamak: The Fed's interest rate policy is likely to remain unchanged for a considerable period; the dollar's global dominance is unlikely to be shaken. ② Collins: He believes there is no urgent need to change the monetary policy stance. ③ Fed Governor Milan: The neutral interest rate is approximately 2.5% to 2.75%.
9. Non-farm payroll data – ① U.S. non-farm payrolls unexpectedly decreased in February, the unemployment rate was slightly higher than expected, and the combined December and January non-farm payrolls were revised down by 69,000. ② Fed's Daly: Cannot be ignored, but should not be over-interpreted. ③ Hassett: We should focus on the average number of employed people. ④ After the data release, the expected probability of a June rate cut quickly rose to about 50%.
10. Iran Situation—① Trump said he wants to "completely eliminate" the Iranian leadership; a new leader has been chosen, and no agreement will be reached with Iran unless it surrenders; military enterprises unanimously agreed to quadruple the production of "high-tech" weapons; Cuba will soon collapse. ② Iran said its attacks on enemies will be more intense and widespread in the coming days. Iran said a US oil tanker was attacked on the Kuwaiti border. Iran's deputy foreign minister said it will fight to the last bullet. ③ The French aircraft carrier "Charles de Gaulle" arrived in the Mediterranean. ④ Russia provided Iran with the location of US troops. ⑤ According to France 24: Iran said that if the EU joins the war, it will become a "legitimate" target. ⑥ Market news: The latest assessment by the Israel Defense Forces shows that Iran has between 100 and 200 missile launchers remaining. ⑦ Iran said it launched missiles at the US aircraft carrier "Abraham Lincoln". ⑧ A senior Iranian military spokesperson stated that Iran has not closed the Strait of Hormuz, but ships linked to Israel or the United States are unable to pass.
11. Energy Situation—① United States: The US government has ruled out allowing the Treasury Department to trade oil futures; Trump: Gasoline prices will soon fall; the US will not discuss using its strategic petroleum reserves in the near future. ② Kuwait has cut oil production due to overflowing storage tanks; Saudi Arabia and the UAE's storage facilities are also nearing their limits. ③ OPEC members are discussing further production cuts and refining capacity. ④ The International Energy Agency currently has no plans for a collective release of reserves. ⑤ Japan is considering releasing its national oil reserves without international coordination. ⑥ Both WTI and Brent crude oil prices have risen above $90 per barrel.
