美联储降息概率继续走低，利率期货定价今年降息幅度减少至13个基点，此前鲍威尔新闻发布会结束时定价为17个基点。

阿塞拜疆1-2月天然气产量同比增长2.3%。

Deutsche Bank analyst Bin Wang said NIO’s 1Q vehicle margin should benefit from an improved product mix, offsetting higher costs and weaker sales. The ES8 SUV posted a gross margin near 25% in 4Q with about 40,000 units sold, and sales are expected to rise in 1Q on a solid order backlog, signaling a favorable mix shift. While sourcing costs are increasing, the impact should be limited due to long-term supply contracts.