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Real-time News
On March 17, UN Secretary-General Guterres issued a statement through his spokesman on the 16th, calling on all parties to "exercise maximum restraint" in Yemen and stop "all military activities". The statement said: "We note with concern that the United States launched multiple attacks on areas controlled by the Houthi armed forces in Yemen overnight, causing casualties. We are also concerned about the continued threat of the Houthi armed forces to resume attacks on ships in the Red Sea." The statement said: "Any further escalation may increase regional tensions and trigger a vicious cycle of retaliation, which will further undermine the stability of Yemen and the region and bring major risks to the countrys already severe humanitarian situation."March 17th, according to the Associated Press, French President Macron proposed some tasks that may be performed by the Ukrainian military support force. Paris and London are working with other countries to form a so-called "coalition of the willing" that may be deployed after a ceasefire with Russia and Ukraine. Macron said that the goal of the French and British blueprint is not to deploy "large numbers" of soldiers in Ukraine, but to envision stationing troop contingents at key locations. According to French media reports, Macron talked about the participating countries (of the willing coalition), each of which deployed thousands of soldiers to "key locations" in Ukraine. Macron was quoted as saying that their tasks may include providing training and supporting Ukraines defense to demonstrate long-term support for Kiev. Macron added that the proposed contingent from NATO alliance member states will become a "security guarantee" for Ukraine, and "several European countries, but also non-European countries, have expressed their willingness to join this plan after confirmation."March 17, according to the Times, at the "Coalition of the Willing" leaders meeting on March 15, British Prime Minister Starmer proposed a plan to send a Western peacekeeping force of more than 10,000 soldiers to Ukraine. Sources said that the total size of the Ukrainian peacekeeping force "will definitely exceed the 10,000 people that London is prepared to send."On March 17, CICCs research report pointed out that Ideal Auto (02015.HK)s fourth-quarter performance last year exceeded market expectations due to strong sales and reduced expenses, and its gross profit margin was lower than Ideal due to orders for MEGA and other models, interest-free plans, and provisions due to product portfolio. The bank maintains Ideals "outperform" rating. In terms of non-GAAP, considering that the company is mass-producing electric vehicles, it lowered its profit forecast for this year by 11% to RMB 12 billion, and maintained its profit forecast for next year. The bank is optimistic about the companys new models and artificial intelligence strategy, and maintains its H-share target price of HK$155 and its US stock target price of US$40.March 17th, the Federal Reserve is expected to keep its policy rate unchanged this week, but Barclays economists warned that the impact of the tariff shock may be more severe than the FOMC showed in its Summary of Economic Projections (SEP). "We believe that the risks this year are tilted toward delaying rate cuts," they said in a research note. Barclays expects the Feds SEP to show rising inflation and unemployment expectations and lower GDP growth, but Barclays economists expect the GDP slowdown and inflation to be greater than the SEP. They added: "Although we expect the SEP to show that the benchmark interest rate will be lowered once this year, we still believe that the committee will eventually cut interest rates twice this year, by 25 basis points each time, in June and September."
