• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 22, Foreign Ministry Spokesperson Guo Jia-kun held a regular press conference. At the conference, Guo announced that China, as the rotating president of the UN Security Council for May, will host a high-level meeting of the Security Council on May 26, with the theme of "Upholding the Purposes and Principles of the UN Charter and Strengthening the International System with the UN at its Core." Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, will travel to New York to chair the meeting. Guo explained that as the rotating president of the UN Security Council for May, Chinas initiative to convene this high-level meeting will focus on the contemporary value of the UN Charter, upholding and implementing its purposes and principles, and strengthening the authority and effectiveness of the UN and its Security Council—issues of widespread international concern. The meeting will be chaired by Foreign Minister Wang Yi and is open to all UN member states. Foreign ministers and high-level representatives from many countries have confirmed their attendance, and UN Secretary-General António Guterres will attend and provide updates. "We hope that all parties will take this meeting as an opportunity to reaffirm the lofty goals established by the Charter, reaffirm their firm commitment to multilateralism, and revitalize the UNs status and role with greater unity and responsibility, thus pooling greater efforts to reform and improve global governance," Guo said.Polish Foreign Minister Sikorski: Details of the US troop deployment are still unclear.May 22 - ING analysts say the market is still looking for signs of progress on a potential US-Iran deal. Despite some optimistic signs, uncertainty remains. This is not the first time a seemingly imminent agreement has ended in a breakdown in negotiations. Therefore, a large portion of the market remains skeptical of the positive signals we are seeing. While Iran has stated that the gap between the demands of both sides has narrowed, the issues of its uranium enrichment activities and its uranium stockpile remain. The US wants to move these stocks out of Iran. Another issue is the management of the Strait of Hormuz. Iran is pushing for a formal toll system in the strait, a move that will face considerable resistance. If implemented, it would set a dangerous precedent for the free passage of ships in this crucial global chokepoint. With the weekend approaching, uncertainty surrounding a US-Iran deal remains, and any new shifts in the wind could lead to significant market price volatility.The chart shows that at 22:00 Beijing time on May 22, there will be large foreign exchange options contracts for the Euro, Canadian Dollar, and Japanese Yen expiring, including 12 contracts with strike prices exceeding 1 billion. Please manage your risks.Futures News, May 22nd: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes: 1. Pulp futures warehouse receipts: 201,824 tons, unchanged from the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 957 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,560 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 47,160 tons. 6. Petroleum asphalt futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 31,220 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,511,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

Dow Futures Rise Subsequent to Indices' Extinction

Kate Ward

Sep 27, 2022 14:32

1.png


Futures for U.S. shares were trading higher on Monday evening, after key benchmark indexes extended down for a sixth consecutive day as investors continued to flee amid increasing interest rates and recession fears.


Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were all trading 0.2% higher about 7:20 p.m. ET (11:20 p.m. GMT) on Tuesday.


Tuesday's session will be dominated by the CB consumer confidence, the house price index, and durable goods orders.


In the meantime, mounting currency fears are further lowering risk appetite as the US Dollar surged to fresh record highs against the British pound and to 20-year highs against the Euro in the wake of last week's aggressive interest rate hikes by the U.S. Federal Reserve.


The Dow Jones Industrial Average plummeted 239.6 points, or 1.1%, to 29,260.8 during normal trade on Monday, touching its lowest level since November 2020. The S&P 500 plummeted 38.2 points, or 1%, to 3,655.1, its lowest closing since December 2020, while the NASDAQ Composite slid 65 points, or 0.6%, to 10,802.9, extending to three-month lows.


On the bond markets, 10-Year United States interest rates were 3.928%, barely below 12-year highs.