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Japanese Prime Minister Sanae Takaichi: Indonesia is an important partner, and both sides agreed to strengthen economic and security cooperation.According to Iranian media reports, a power outage occurred in Tehran.March 31st - This morning (March 31st), the China Council for the Promotion of International Trade (CCPIT) held its monthly press conference. The conference released data on the issuance of various certificates, including certificates of origin and commercial certificates, by the CCPIT system nationwide in February. The data shows that the number of certificates issued by the CCPIT system in February increased by 72.38% year-on-year. In February 2026, the CCPIT system nationwide issued a total of 744,500 certificates, including certificates of origin, ATA Carnets, and commercial certificates, representing a year-on-year increase of 72.38%.According to Yonhap News Agency, South Korea will launch crude oil swap transactions with local oil refineries.On March 31, Australian Foreign Minister Penny Wong stated in a television interview that the impact of halving Australias retail fuel tax will take some time to reach consumers. Wong said, "Obviously, gas stations need to sell off the fuel that was taxed at a higher rate before you see the price reduction hit the pumps." The month-long Middle East conflict has disrupted global oil trade and led to soaring prices and shortages across Asia, one of the worlds most reliant regions on Persian Gulf oil supplies. In recent weeks, sporadic panic buying has occurred in Australia, particularly in rural areas, with some gas stations running out of fuel ahead of the long Easter weekend (traditional peak driving season). From Wednesday, Australia will reduce the tax on petrol and diesel by approximately 26 cents (US$0.18) per liter. According to the government, this should reduce the cost of filling a typical 65-liter (17-gallon) car by nearly AU$19.

E-mini Dow in Position to Challenge Low of Year at 32086

Skylar Shaw

May 10, 2022 10:46

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Early Monday, June E-mini Dow Jones Industrial Average futures were down due to fears about interest rates and global economic growth and recession. Sharp falls in Asia and Europe are also putting pressure on US futures markets, indicating a weaker cash market opening at 14:30 GMT.


"A string of rate rises and hawkish communication occurred amid falling Chinese and European activity, fresh plans for Russian energy curbs, and persistent supply-side pressures," Barclays analysts cautioned.


"This raises the bleak potential of sustained inflation, which would force central banks to raise rates despite drastically decreasing GDP."


June E-mini Dow Jones Industrial Average futures are trading 32392, down 417 points or 1.27 percent, at 08:41 GMT. The SPDR Dow Jones Industrial Average ETF (DIA) closed at $329.11 on Friday, down $1.13 or -0.34%.


Investors are responding to dismal economic data out of China, in addition to concerns over interest rate rises and recession fears. Wider COVID-19 lockdowns in China, according to a study issued early Monday, slowed export growth in the world's second largest economy in April.

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