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July 3rd - According to the website of the China Maritime Safety Administration, the Huangshi Maritime Safety Administration issued a navigation warning that from 10:00 to 14:00 on July 8th, a unit of the Chinese Peoples Liberation Army will conduct military activities in the waters near the Huanggang Railway-Highway Bridge on the lower reaches of the Yangtze River. During the military activities, the Huangshi Maritime Safety Administration will implement temporary traffic control in the nearby waters.Chief Vice President of VTB Bank: VTB Bank plans to increase reserves in the second half of the year.On July 3, Xinhengtai issued an announcement stating that a fire occurred at approximately 8:10 AM on July 3, 2026, in Plant No. 1 of its factory area in the Xinfeng Town Industrial Park, Nanhu District, Jiaxing City, Zhejiang Province. Following the incident, the company immediately activated its emergency response plan, established an on-site emergency leadership team, and cooperated with relevant government departments to carry out emergency response and on-site rescue work. With the joint efforts of local fire, emergency, and environmental protection departments, the fire was brought under control and extinguished. No casualties were reported, and the incident did not cause any significant impact on the surrounding environment. The specific cause of the accident is currently under investigation and verification.On July 3, King Frederick X of Denmark met with Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, at Amalienborg Palace. Wang Yi stated that the Communist Party of China is leading the Chinese people in making great strides towards Chinese-style modernization, creating a new form of human civilization and propelling human development into a new stage. The greatest changes in the 21st century will continue to occur in China. Chinas development and revitalization represent a growth force for world peace and stability and will also bring new opportunities to all countries, including Denmark. Denmark has unique advantages in green and innovative development, and the China-Denmark Green Joint Working Plan has become a highlight of bilateral cooperation and set a benchmark for international cooperation. China is willing to further strengthen cooperation with Denmark in emerging fields such as the green economy, innovative development, and artificial intelligence, enhance people-to-people exchanges, and strengthen the friendship between the two peoples. He hoped that the Danish Royal Family would continue to play a leading role in China-Denmark friendship.Polish Foreign Minister: It would be a crazy move if Russian President Putin decided to test NATO unity.

European Stock Markets Begin The Holiday Week With A Gain

Aria Thomas

Dec 27, 2022 17:16

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European markets began the abbreviated last week of the year on a positive note.


The DAX was up 0.8%, the CAC 40 was up 1.05%, and the Euro Stoxx 50 was up 0.94% as of 03:10 ET (08:10 GMT).


On January 8, Chinese officials will no longer need foreigners entering the country to undergo quarantine. This is the most significant international news to emerge from China. The idea of China's openness might be the justification for market gains. The Nikkei 225 and the Shanghai Composite both ended the day with gains, with the Nikkei 225 gaining 0.16% and the Shanghai Composite gaining 1%.


At 03:15 ET (08:15 GMT), the EUR/USD was also up 0.1%, while the US Dollar Index fell 0.2%, a possible indication of a risk-on Santa rally to close out the year.


In keeping with the holiday schedule, today's economic calendar is somewhat light, with the Case-Shiller housing index, U.S. retail inventories, and French bond auctions serving as highlights.


LVMH Mot Hennessy Louis Vuitton SE (EPA:LVMH) (+2%), Airbus Group SE (EPA:AIR) (+1.7%), TotalEnergies SE (EPA:TTEF) (+1.5%), Eni SpA (BIT:ENI) (+1.4%), and BASF SE (ETR:BASFN) (+1.3%) were among the leading Euro Stoxx 50 gainers. Grifols SA (BME:GRLS) was the most significant decliner, down 2%. Very few large European equities were in the red.


Crude Oil WTI Futures traded down 0.1%, while Brent Oil Futures declined 0.15 % on commodities markets. Gold Futures resumed their strong pace at the end of the year, trading 0.65% higher.

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