BLACKROCK SHARES UP 2.8% AFTER Q1 PROFIT RISES

The Chinese yuan is relatively insulated from Middle East developments due to China’s modest energy import burden, according to RBC Capital Markets’s Abbas Keshvani. He estimates net oil and gas imports at about 1.7% of GDP, while safe-haven demand for Chinese government bonds—supported by low inflation and accommodative policy—has kept yields anchored near 1.8%. RBC forecasts USD/CNY at 6.82 in 2Q, 6.80 in 3Q, and 6.78 in 4Q. The dollar was last at 6.8207 yuan, down 0.1%.

倫錫日內漲超2.00%，現報48800.00美元/噸。滬錫主力合約日內漲超2.00%，現報381000.00元/噸。滬銅主力合約日內漲超2.00%，現報101150.00元/噸。國際銅主力合約日內漲幅擴大至2.00%，現報89830.00元/噸。