Domestic News:
1. Xi Jinping meets with Russian Foreign Minister Lavrov.
2. Xi Jinping holds talks with General Secretary of the Communist Party of Vietnam and President To Lam.
3. Russian Foreign Minister says he will help China make up for its energy shortage; Foreign Ministry responds.
4. General Office of the State Council issues "Opinions on Deepening the Reform of the Investment Approval System".
5. Ministry of Commerce: Sales of consumer goods under the trade-in program have exceeded 500 billion yuan this year.
6. Foreign Ministry: China and the US are maintaining communication regarding US President Trump's visit to China.
7. Foreign Ministry: Japan's increased missile deployment in areas adjacent to China threatens regional peace and stability.
8. People's Bank of China and State Administration of Foreign Exchange: The leverage ratio for overseas loans of wholly foreign-owned banks, Sino-foreign joint venture banks, and branches of foreign banks in China will be raised from 0.5 to 1.5.
International News:
1. Nasdaq and S&P 500 indices hit record highs.
2. Hassett: US tariff alternatives are basically ready.
3. Bessant stated that the US will not extend sanctions waivers for Iranian and Russian oil.
4. ECB Governing Council member Kazax: No objection to the expectation of two rate hikes starting in June.
5. Foreign media: US regulators are investigating a series of suspicious oil transactions prior to Trump's shift in Iran policy.
6. Federal Reserve – Hamak: Facing two-way risks, benchmark interest rates will remain unchanged for some time; Salem: Interest rates need to remain unchanged for a period of time, inflation may reach 3% by the end of the year, and he is open to raising interest rates if inflation expectations rebound; the Beige Book shows that the Middle East conflict has increased uncertainty in the US economy.
7. Trump – ① The "final outcome" of the war with Iran may be achieved soon, while threatening to attack Iranian civilian infrastructure again. ② Trump warned Powell to step down in time, otherwise he would fire him. ③ He hopes that Fed Chair nominee Warsh will be confirmed next week, and interest rates may fall after he takes office. ④ Oil prices will fall back to previous levels, possibly even lower. ⑤ It is very likely that an agreement will be reached with Iran before the British King's visit to the US at the end of the month. 8. Iran Situation—
① US officials: The US military will deploy thousands more troops to the Middle East in the coming days.
② Iranian sources say the US has requested a two-week extension of the ceasefire, but Iran has not yet agreed. The White House says it has not formally requested an extension of the ceasefire agreement with Iran, and both sides are continuing contact and negotiations. The Iranian Foreign Ministry says it cannot confirm whether the ceasefire will be extended.
③ US media: US-Iran negotiations are making progress and are gradually reaching a framework agreement to end the war.
④ Sources say the ceasefire in Lebanon will take effect; Israel has not reached any decision on the Lebanese ceasefire; Hezbollah says it agrees to the ceasefire but Israel must fulfill its obligations; the US hopes for a ceasefire but has not made any demands on Israel.
⑤ Iranian Foreign Ministry: There is room for dialogue regarding the level and type of uranium enrichment. Iran and the US continue to exchange information through Pakistan.
⑥ The US has introduced new sanctions targeting Iran's oil transportation network.
⑦ The US military says it has completely cut off Iran's maritime import and export trade. Iran says shipping activities in the country's south are proceeding normally without any disruption.
⑧ Iranian military responds to US maritime blockade: If the safety of Iranian merchant ships and oil tankers is endangered, Iran will prohibit any import or export activities in the Persian Gulf, the Gulf of Oman, and the Red Sea.
⑨ Foreign media: Iran proposes allowing free passage of ships on the Omani side of the Strait of Hormuz.
⑩ Kremlin: The US rejected Russia's proposal to receive Iran's uranium stockpile.
