The Bank of England's Scenario C predicts that oil prices will remain at $130 per barrel for several months.

Dabrowski, a member of the monetary policy committee at the Polish central bank, said that the opportunity for an interest rate cut is rapidly disappearing.

Individual Stock News 1. PICC Property & Casualty (02328.HK): Q1 net profit of RMB 8.631 billion, a year-on-year decrease of 23.7%. 2. Shenwan Hongyuan (06806.HK): Q1 net profit attributable to shareholders of RMB 2.356 billion, a year-on-year increase of 19.15%. 3. CICC (03908.HK): Q1 net profit attributable to shareholders of RMB 3.577 billion, a year-on-year increase of 75.19%. 4. ICBC (01398.HK): Q1 net profit attributable to shareholders of RMB 86.941 billion, a year-on-year increase of 3.31%. 5. New China Life Insurance (01336.HK): Q1 net profit attributable to shareholders of RMB 6.501 billion, a year-on-year increase of 10.5%. 6. Everbright Securities (06178.HK): Q1 net profit attributable to shareholders of RMB 1.166 billion, a year-on-year increase of 42.34%. 7. Postal Savings Bank of China (01658.HK): Q1 net profit attributable to shareholders was RMB 25.726 billion, a year-on-year increase of 1.90%. 8. Agricultural Bank of China (01288.HK): Q1 net profit attributable to shareholders was RMB 75.185 billion, a year-on-year increase of 4.52%. 9. PetroChina (00857.HK): Q1 net profit attributable to shareholders was RMB 48.333 billion, a year-on-year increase of 1.9%. 10. Huatai Securities (06886.HK) released its Q1 results: net profit attributable to shareholders was approximately RMB 4.8 billion, a year-on-year increase of 31.79%. 11. Bank of Communications (03328.HK) released its Q1 results: net profit attributable to shareholders was RMB 26.162 billion, a year-on-year increase of 3.11%. 12. China Galaxy Securities (06881.HK) released its Q1 results: net profit attributable to shareholders was approximately RMB 3.32 billion, a year-on-year increase of 10.09%. 13. China Construction Bank (00939.HK) announced its first-quarter results: net profit attributable to shareholders was RMB 86.291 billion, a year-on-year increase of 3.53%. 14. China Life Insurance (02628.HK) released its first-quarter results: net profit attributable to shareholders was RMB 19.505 billion, a year-on-year decrease of 32.3%. 15. People's Insurance Company of China (01339.HK) released its first-quarter results: net profit attributable to shareholders was RMB 8.814 billion, a year-on-year decrease of 31.4%.