沙特原油降價，海灣原油出口已接近恢復到戰前，難道不是利空？但亞洲買家實際成本已逼近150美元，布油也仍在三位數附近！沙特降價究竟是降了什麼？供應恢復又去哪裏了？

MOFCOM said China and the EU agreed to use a trade-monitoring mechanism and will explore, within WTO rules, the possibility of lowering tariffs on selected goods. The sides will open technical talks on the EU foreign subsidies regulation. They will continue dialogue with the EU on the bloc’s guidance for financing inverter projects and on cosmetics and drug regulation, and will exchange on market access for medical devices and agricultural products. The two parties held in-depth talks on electric and hybrid vehicle trade, averting escalation and protecting Chinese exporters and the stability of China-EU hybrid car trade.

The Reserve Bank of India will open a dedicated FX window on Monday to supply dollars to three state-owned oil companies, meeting their full daily USD needs via dollar sales through designated banks. RBI has barred re-registration of any previously cancelled rupee-related FX derivative contracts. It cut the threshold for hedges that do not require proof of underlying assets from an equivalent of $100m to $5m. RBI also introduced an FX risk reserve requiring banks to deposit cash equal to 20% of the rupee-equivalent nominal amount with the central bank for any transaction with nominal value above $2m.