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Market news: The Romanian Prime Minister has vowed to remain in office regardless of the outcome of the party vote.A spokesperson for the European Commission stated that if the blockage in the Strait of Hormuz continues, the EU is prepared to take joint action on the issue of aviation fuel.On April 17th, it was reported that from April 15th to 16th, Li Yunze, Secretary of the Party Committee and Director of the State Financial Regulatory Commission, led a team to Guangdong Province for research. The team held discussions and exchanges on topics such as high-quality development of financial services, strengthening central-local government coordination, and promoting reform and risk mitigation. They also visited relevant enterprises and research institutions, and extended their regards to grassroots cadres and staff. In Foshan, Li Yunze conducted on-site research at new research institutions and intelligent factories, learning about the progress in key core technologies such as new display equipment and the development of major equipment, and toured digital and intelligent production lines. He emphasized that financial institutions should closely follow the direction of industrial development, strengthen full-cycle financial service guarantees, and continuously increase support for technological innovation, advanced manufacturing, and the transformation and upgrading of traditional industries.Tissa Party leader Majol: Oil flow through the Friendship Pipeline may resume next week.April 17th - The Rules consist of eighteen articles. The first article outlines the basis for the rules. Articles two through seven, the "Recognition" section, clarify the connotations and specific circumstances of "transfer of securities," "transfer of securities during a restricted transfer period," and "transfer of stocks that does not comply with laws, administrative regulations, and the regulations of the securities regulatory authority under the State Council" as stipulated in Article 186 of the Securities Law, as well as the identification of illegal entities acting in concert. Articles eight through seventeen, the "Discretionary" section, differentiates four types, sets different levels of discretion, and provides an enumeration of circumstances for adjusting penalties. It also provides suggestive provisions regarding concurrent penalties and the application of the most severe penalty, the circumstances for adjustment, and market bans.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.