HSBC Global Research: The Brent crude oil price forecast for 2025 is maintained at US$73/barrel, with risks tilted to the downside; the forecast for 2026 remains unchanged at US$70/barrel.

Foreign 1. Morgan Stanley: Now is the best time to advise global investors to increase their allocation to Chinese stocks. 2. Goldman Sachs: European institutions are increasingly optimistic and plan to increase their holdings of Chinese consumer stocks, and have gradually built positions in January. 3. Citi: Oil prices below $60 will weaken US shale oil production. 4. Goldman Sachs: Lowered forecasts for oil prices and crude oil demand growth. 5. Goldman Sachs: European markets can accelerate growth by easing restrictions. 6. Barclays: The Bank of England is expected to keep interest rates unchanged at its March meeting and may cut interest rates in May. 7. Deutsche Bank: The Bank of England may cut interest rates to 3.5% by the end of the year. 8. Deutsche Bank: Inflation data limits the Fed's ability to take action to support the economy. Domestic 1. Minsheng Macro: US stagflation may be the benchmark, and gold is the "version answer". 2. CITIC Construction Investment: The price trend of gold in 2025 may change from a favorable period to a volatile period. 3. CITIC Securities: The scheduled interest rate is lowered, and the insurance funds are accelerated to enter the market. 4. CITIC Construction Investment: For the first time in nearly 20 years, A-shares have emerged from an independent market during the sharp drop in US stocks, demonstrating the characteristics of "confidence revaluation bull". 5. Guosheng Macro: From the perspective of social financing in February, the prospects of interest rate cuts and reserve requirement ratio cuts are greater than the probability of a short-term reserve requirement ratio cut. 6. Industrial Securities: "China is strong and the United States is weak" is mostly in the period of downward earnings of US stocks, and A-shares at that time have certain performance comparative advantages. 7. Galaxy Securities: It is still in a rebound market driven by multiple factors. 8. CITIC Securities: Urban renewal is accelerating, and housing inspection & insurance are setting sail. 9. Huatai Securities: The special plan to promote consumption has been implemented, and we are optimistic about the opportunity of consumption revaluation.

Asian stocks 1. China's Shanghai Composite Index closed up 60.83 points on March 14 (Friday), an increase of 1.81%, at 3419.56 points; 2. China's Shenzhen Component Index closed up 242.1 points on March 14 (Friday), an increase of 2.26%, at 10978.3 points; 3. China's CSI 300 Index closed up 94.98 points on March 14 (Friday), an increase of 2.43%, at 4006.56 points; 4. China's ChiNext Index closed up 60.71 points on March 14 (Friday), an increase of 2.8%, at 2226.72 points; 5. China's Science and Technology Innovation 50 Index closed up 18.41 points on March 14 (Friday), an increase of 1.72%, at 1088.11 points; 6. Hong Kong's Hang Seng Index closed up 497.33 points, or 2.12%, at 23,959.98 points on March 14 (Friday); 7. Hong Kong's Hang Seng Technology Index closed up 133.01 points, or 2.31%, at 5,880.78 points on March 14 (Friday). European stocks 1. Germany's DAX30 index closed up 462.52 points, or 2.05%, at 22,995.50 points on March 14 (Friday); 2. The UK's FTSE 100 index closed up 94.05 points, or 1.10%, at 8,636.61 points on March 14 (Friday); 3. France's CAC40 index closed up 90.07 points, or 1.13%, at 8,028.28 points on March 14 (Friday); 4. The European STOXX 50 index closed up 81.86 points, or 1.54%, at 5,410.25 points on March 14 (Friday); 5. Spain's IBEX35 index closed up 187.07 points, or 1.46%, at 13,001.77 points on March 14 (Friday); 6. Italy's FTSE MIB index closed up 665.27 points, or 1.75%, at 38,665.00 points on March 14 (Friday). US stocks 1. The Dow Jones Industrial Average closed up 674.62 points, or 1.65%, at 41,488.19 points on March 14 (Friday); 2. The S&P 500 closed up 117.42 points, or 2.13%, at 5,638.94 points on March 14 (Friday); 3. The Nasdaq Composite Index closed up 451.07 points, or 2.61%, at 17,754.09 points on March 14 (Friday).