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2026-04-08 Wednesday

2026-04-10

13:31:04

[US-Iran Ceasefire Triggers Risk Asset Frenzy, A-Shares Approach 4000 Points, Yuan Hits Three-Year High] 1. Boosted by the two-week ceasefire agreement reached between the US and Iran, global risk appetite rebounded strongly. The Shanghai Composite Index surged 2% in early trading on Wednesday, approaching the 4000-point mark, before closing up 1.9%. The upward trend continued in the afternoon, currently reaching 3983.73 points; the Hang Seng Index jumped as much as 3%. Trading volume in Shanghai and Shenzhen markets increased by over 40% in the morning session compared to the previous day, and both the spot and offshore yuan against the US dollar hit over three-year highs. 2. Analysts believe that the worst phase of the Middle East situation may have passed, as neither side can afford further escalation, allowing risk assets a respite. However, a sustained price revaluation requires more signals. UBS recommends maintaining diversification and appropriate hedging to avoid hasty adjustments to strategic allocations. 3. The technology growth sector led the gains, with the CSI Artificial Intelligence Index and Semiconductor Index surging over 5% at one point, and the Hang Seng Tech Index rising 4.2%. The energy sector suffered a sharp decline, with the CSI 300 Energy Index falling over 5% at one point. Market focus is shifting from geopolitics to other areas. 4. Fund managers point out that high oil prices are detrimental to China's industrial economy, and China has an incentive to ease tensions. The direct impact of the Middle East conflict on the Chinese economy is limited, and the economy is expected to achieve a "strong start" in the first quarter. 5. Analysts say that risk assets have received a breather, but for the rally to continue, traders need to see actual shipping activity in the Strait of Hormuz resume; otherwise, the current situation is merely a sharp position adjustment rather than a sustained price revaluation.

13:03:14

[AI Data Centers Become a "Stress Test" for the Insurance Industry: Trillion-Dollar Investments Trigger Underwriting Challenges and Financing Risks] (1) AI data centers are becoming a "stress test" for the insurance industry. By 2030, global data center spending may reach $7 trillion. Large technology companies are using private equity, private credit and other financing methods to raise huge sums of money, which puts pressure on insurance companies' underwriting capacity. For example, it was almost impossible to insure a $20 billion data center park in 2023, but by 2026 it has become a common topic of discussion. (2) Data centers have highly concentrated value, large power generation demand and cutting-edge technology, requiring specialized insurance solutions. Insurance companies have created specialized business lines, but risks such as supply chain disruptions and concentrated storage of high-value equipment have increased. At the same time, the financing structure is not transparent (similar to before the 2008 financial crisis), and the life cycle of GPUs (about 7 years) does not match that of data centers (decades), forming a "GPU debt treadmill", which may lead to valuation disputes and litigation risks. (3) Despite the huge challenges, insurance companies are responding by customizing policies and diversifying risks. For example, Marsh launched a €1 billion insurance instrument and expanded it to $2.7 billion. The insurance industry sees this as an opportunity, but needs to be wary of the transparency issues arising from off-balance-sheet financing.

13:02:23

Japan's Economic Observer Outlook Index for March

Previous : 50 Forecast : 48

Published Value 38.70

Previous

13:00:15

Japan's Economic Observer Status Index for March

Previous : 48.90 Forecast : 47.80

Published Value 42.20

Previous

12:57:39

India's central bank reserve requirement ratio on April 8th

Previous : 3% Forecast : 3%

Published Value 3%

Previous

12:57:31

The reverse repo rate of the central bank of India on April 8th

Previous : 3.35% Forecast : -

Published Value 3.35%

Previous

12:47:44

The reverse repo rate of the central bank of India on April 8th

Previous : 3.35% Forecast : -

Published Value 3.35%

Previous

12:47:28

India's central bank reserve requirement ratio on April 8th

Previous : 3% Forecast : 3%

Published Value 3%

Previous

12:34:19

India will set the interest rate of the deposit instrument on April 8

Previous : 5% Forecast : 5%

Published Value 5%

Previous

12:34:13

India's marginal lending facility interest rate on April 8th

Previous : 5.50% Forecast : 5.50%

Published Value 5.50%

Previous

12:33:09

The repo rate of the central bank of India on April 8th

Previous : 5.25% Forecast : 5.25%

Neutral

Published Value 5.25%

Previous

12:32:24

The number of corporate bankruptcies in Japan in March

Previous : 851 Forecast : -

Published Value 924

Previous

12:32:24

The annual rate of corporate bankruptcies in Japan in March

Previous : 11.30% Forecast : -

Published Value 8.30%

Previous

11:43:44

Indonesia's foreign exchange reserves in March

Previous : 151.90 Forecast : -

Published Value 148.20

Previous

11:41:43

Indonesia's foreign exchange reserves in March

Previous : 151.90 Forecast : -

Published Value 148.20

Previous

11:24:36

[Survey Shows Significant Slowdown in Eurozone Economic Activity, Increased Risk of Stagflation] Data released by Standard & Poor's Global on March 7th showed that private sector economic activity in the Eurozone slowed significantly in March, impacted by factors such as rising energy costs and supply chain disruptions caused by the Middle East conflict. The data showed that the final reading of the Eurozone's composite Purchasing Managers' Index (PMI) for March fell to 50.7 from 51.9 in February, the lowest level in nine months. By sector, the final reading of the Eurozone's services PMI for March declined to 50.2 from 51.9 in February, the lowest level in ten months. Chris Williamson, chief business economist at S&P Global Markets Intelligence, believes that the March PMI data indicates that the Middle East conflict has severely impacted the Eurozone economy. He said that factors such as soaring energy prices, supply chain disruptions, financial market turmoil, and a renewed decline in demand have wiped out the growth signs that appeared in the Eurozone at the beginning of the year, and rising prices have raised concerns about stagflation or even a worse situation in the short term. Williamson said that unless the Middle East conflict is resolved quickly, the Eurozone economy may face the risk of contraction in the second quarter of this year. Even if the conflict ends quickly, the destructive impact of the fighting on the energy market could last for months. (Xinhua)

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4793.80

74.62

(1.58%)

XAG

76.009

1.955

(2.64%)

CONC

98.39

3.98

(4.22%)

OILC

95.75

-0.40

(-0.42%)

USD

98.733

-0.297

(-0.30%)

EURUSD

1.1707

0.0045

(0.38%)

GBPUSD

1.3441

0.0050

(0.37%)

USDCNH

6.8308

-0.0012

(-0.02%)