格隆汇3月3日｜大华银行经济学家Enrico Tanuwidjaja和Vincentius Ming Shen报告称，随着基数效应减弱，印尼的通胀预计将在3月份恢复正常。他们表示，虽然2月份的总体CPI读数超出了印尼央行1.5%-3.5%的目标，但驱动因素被视为非结构性的，不太可能改变印尼央行的利率政策立场。这些经济学家指出，食品通胀仍是主要风险，但政府和央行正在共同努力解决这一问题。近期中东地区...
格隆汇3月3日｜大华银行经济学家Enrico Tanuwidjaja和Vincentius Ming Shen报告称，随着基数效应减弱，印尼的通胀预计将在3月份恢复正常。他们表示，虽然2月份的总体CPI读数超出了印尼央行1.5%-3.5%的目标，但驱动因素被视为非结构性的，不太可能改变印尼央行的利率政策立场。这些经济学家指出，食品通胀仍是主要风险，但政府和央行正在共同努力解决这一问题。近期中东地区的军事冲突可能会带来一些风险。大华银行认为，未来三个季度布伦特原油价格持续上涨15%将使通胀率上升约0.32个百分点。该行补充称，今年的平均通胀率可能在2.8%-2.9%之间，接近印尼央行目标区间的上限。
Senior gas executives say China is pressuring Iranian officials to avoid action that would disrupt Qatari gas exports or other energy shipments making their way through the Strait of Hormuz , a key maritime chokepoint. As the buyer of the vast majority of the Islamic Republic’s oil, China provides a vital economic lifeline for Iran. But the world’s largest energy importer depends more heavily on t...
Senior gas executives say China is pressuring Iranian officials to avoid action that would disrupt Qatari gas exports or other energy shipments making their way through the Strait of Hormuz , a key maritime chokepoint. As the buyer of the vast majority of the Islamic Republic’s oil, China provides a vital economic lifeline for Iran. But the world’s largest energy importer depends more heavily on the wider Persian Gulf region for both oil and gas supplies, and cargoes of both require transit through the narrow waterway. Qatar, which accounts for a fifth of global liquefied natural gas, is a particular concern. After an Iranian drone attack on Monday, Qatar halted production at Ras Laffan, the world’s largest LNG export facility — the first complete halt in nearly three decades of operation. China’s energy importers have been told that Beijing is trying to ensure vessels continue to move through Hormuz, according to executives at the state-owned firms who have been briefed by government officials. Government officials are pressing senior Iranian counterparts to ensure Tehran does not attack oil and LNG tankers traversing the Strait, and instead allows supplies to flow, according to several of the company executives, who asked not to be named as the conversations were not public. Tanker traffic through the critical artery has effectively halted since the US and Israel began a bombing campaign over the weekend that has prompted Iran to respond with missile strikes across the region. The executives said Iranian officials had also been asked to avoid striking exporting hubs like Qatar, which alone supplies 30% of China’s LNG, a significant portion of the total even accounting for output arriving by pipeline and from other sources. China has so far made only limited public statements on Iran, with Foreign Minister Wang Yi telling his counterpart Abbas Araghchi on Monday that while Beijing supported efforts to safeguard national security, Tehran should pay attention to the ...
Chinese smelters continue to churn out record quantities of copper, swelling stockpiles and threatening to slow the metal’s powerful gains. Refined copper output is expected to rise to almost 1.2 million tons this month, according to a poll of producers by Shanghai Metals Market covering most of the sector. That’s a 4.6% increase from February and a record high for the survey, putting year-to-date...
Chinese smelters continue to churn out record quantities of copper, swelling stockpiles and threatening to slow the metal’s powerful gains. Refined copper output is expected to rise to almost 1.2 million tons this month, according to a poll of producers by Shanghai Metals Market covering most of the sector. That’s a 4.6% increase from February and a record high for the survey, putting year-to-date output growth at 10%. Smelters have been able to keep their rapid expansion on the rails despite a shortage of ore globally and a consequent collapse in processing fees . The speculative rally in copper prices to an all-time high at the end of January has incentivized the release of more scrap, which is becoming available for plants to use as a replacement for concentrate, SMM said. A surge in the price of the copper byproduct sulfuric acid , which rose last month to the highest since at least 2014, is also supporting the economics of higher production, it said. Prices have risen because of constraints on Russian sulfur exports and strong fertilizer demand. Global copper inventories have soared as real-world buyers of the metal are deterred by lofty prices. That’s been compounded in China, the world’s biggest consumer, by a slowdown in demand over the Lunar New Year break. China’s statistics bureau releases its output data for January and February later this month. SMM’s survey undershoots the more comprehensive official figures, which saw refined output climb to a record of over 1.3 million tons in December. SMM said production could drop in April and May, when many smelters conduct annual maintenance.
Japan Post Insurance Co. plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer. The life insurer expects the Bank of Japan to raise interest rates again as soon as April. It’s one of the nation’s biggest insurers and held ¥50.35 trillion ($320 billion) in securit...
Japan Post Insurance Co. plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer. The life insurer expects the Bank of Japan to raise interest rates again as soon as April. It’s one of the nation’s biggest insurers and held ¥50.35 trillion ($320 billion) in securities at the end of last year. As Japanese bond yields jumped in the final quarter of last year, the firm’s valuation losses on domestic notes widened about 30% in the three months to ¥4.39 trillion. “It’s important to make adjustments in light of rising interest rates, to legitimately benefit from the rate hikes,” said CEO and President Kunio Tanigaki in an interview on Feb. 27. Market interest rates “will continue to rise in the near future,” he said. The insurer hasn’t changed its rate outlook since the eruption of the conflict in the Middle East over the weekend, a spokesperson said Tuesday. Life insurers like Japan Post are having to consider what to do with bonds they bought before the BOJ ended its super-easy monetary policy in March 2024, and some have said they are selling those off and replacing them with higher-yielding debt. While the Middle East turmoil has reinforced market expectations that the central bank won’t lift rates this month, swap rates suggest about 65% odds of a hike by the April meeting and certainty of a move by July. Yields on 30-year Japanese government bonds, a major investment target for insurers to match their long-term liabilities, have jumped about 1.5 percentage points since the BOJ started its current rate hike cycle. Japan Post Insurance expects benchmark 10-year JGB yields to rise to 2.5% in the year starting April 1 as the BOJ hikes rates in response to inflationary pressure and the yen’s weakening, said Hiroyuki Nomura , senior general manager of the insurer’s investment planning department, in the same interview. The yield was about ...
Getty Images By Elior Manier Stock markets have eased significantly during the Asian and European sessions, but it seems that US markets are remaining unfazed. Gapping lower by 1.50% across all benchmarks, stocks are now rallying back, now close to unchanged, and essentially filling the gaps. J.P. Morgan issued a buy-the-dips recommendation, which undoubtedly helped risk sentiment ease, but US sto...
Getty Images By Elior Manier Stock markets have eased significantly during the Asian and European sessions, but it seems that US markets are remaining unfazed. Gapping lower by 1.50% across all benchmarks, stocks are now rallying back, now close to unchanged, and essentially filling the gaps. J.P. Morgan issued a buy-the-dips recommendation, which undoubtedly helped risk sentiment ease, but US stocks remain at key inflection points. What is surprising is also seeing US treasuries sell off (10Y Yield back above 4.00%) despite ongoing intense exchanges in the Middle East – bitcoin and cryptocurrencies are also exploding higher as we speak. Markets were trading at the lows of their ranges, which could also have helped the rebound. Keep a close eye on sentiment throughout the week, as economic damage from the war is still far from reflected. The Strait of Hormuz and a potential closure there could be hurting sentiment more consistently throughout the week. Let's explore the key levels for weekly action by diving into today’s session charts and key trading levels for the major US indices: the Dow Jones, Nasdaq, and S&P 500. Current Session's Stock Heatmap Current picture for the Stock Market (11:56 A.M. ET) – Source: TradingView – March 2, 2026 Despite the rebound around US benchmarks, individual equities are sending a mixed picture. Nvidia ( NVDA ), Microsoft ( MSFT ), Meta ( META ) and energy stocks are dominating the action. Dow Jones 1H Chart and Trading Levels Dow Jones (CFD) 1H Chart – March 2, 2026 – Source: TradingView Dow Jones rebounded significantly from its 48,103 overnight futures lows and is now facing a significant test at its gap-fill level and 50-hour MA (48,925 – morning highs). Closing above on the session would imply a buy-the-dip flows over war flows – odds for this could be compromised if news worsens. Rejecting the 50-hour MA (immediate test) could lead to further downside in US indexes - doing so could see a test of the overnight lows. Dow Jones t...
Thomas Barwick Amazon Web Services ( AMZN ) on Monday said that ongoing Middle East conflict has physically damaged infrastructure in its UAE and Bahrain regions after drone strikes hit or struck near multiple facilities, causing structural damage and power disruptions. The company said in some cases it required fire suppression activities that resulted in additional water damage. "In the ME-CENTR...
Thomas Barwick Amazon Web Services ( AMZN ) on Monday said that ongoing Middle East conflict has physically damaged infrastructure in its UAE and Bahrain regions after drone strikes hit or struck near multiple facilities, causing structural damage and power disruptions. The company said in some cases it required fire suppression activities that resulted in additional water damage. "In the ME-CENTRAL-1 (UAE) Region, two of our three Availability Zones (mec1-az2 and mec1-az3) remain significantly impaired," the company said in a status update . The third Availability Zone (mec1-az1) continues to operate normally, though some services have experienced indirect impact due to dependencies on the affected zones. "In the ME-SOUTH-1 (Bahrain) Region, one facility has been impacted. Across both regions, customers are experiencing elevated error rates and degraded availability for services including Amazon EC2, Amazon S3, Amazon DynamoDB, AWS Lambda, Amazon Kinesis, Amazon CloudWatch, Amazon RDS, and the AWS Management Console and CLI." AWS said it was working to restore full-service availability as quickly as possible, though it expects recovery to be prolonged given the nature of the physical damage involved. More on Amazon Amazon: Not The Best Bang For Your Buck Amazon: Cheapest Valuation Since 2010 Makes This A Generational Buy Why Daily Stock Picks' Gary Vaughan Likes Large Cap Tech (And Energy) U.S. deploys stealth bombers, cruise missiles, AI tools in sweeping strikes on Iran Amazon increases Spain investment to $40B to boost data center, AI rollout
Thomas Barwick Amazon Web Services ( AMZN ) on Monday said that ongoing Middle East conflict has physically damaged infrastructure in its UAE and Bahrain regions after drone strikes hit or struck near multiple facilities, causing structural damage and power disruptions. The company said in some cases it required fire suppression activities that resulted in additional water damage. "In the ME-CENTR...
Thomas Barwick Amazon Web Services ( AMZN ) on Monday said that ongoing Middle East conflict has physically damaged infrastructure in its UAE and Bahrain regions after drone strikes hit or struck near multiple facilities, causing structural damage and power disruptions. The company said in some cases it required fire suppression activities that resulted in additional water damage. "In the ME-CENTRAL-1 (UAE) Region, two of our three Availability Zones (mec1-az2 and mec1-az3) remain significantly impaired," the company said in a status update . The third Availability Zone (mec1-az1) continues to operate normally, though some services have experienced indirect impact due to dependencies on the affected zones. "In the ME-SOUTH-1 (Bahrain) Region, one facility has been impacted. Across both regions, customers are experiencing elevated error rates and degraded availability for services including Amazon EC2, Amazon S3, Amazon DynamoDB, AWS Lambda, Amazon Kinesis, Amazon CloudWatch, Amazon RDS, and the AWS Management Console and CLI." AWS said it was working to restore full-service availability as quickly as possible, though it expects recovery to be prolonged given the nature of the physical damage involved. More on Amazon Amazon: Not The Best Bang For Your Buck Amazon: Cheapest Valuation Since 2010 Makes This A Generational Buy Why Daily Stock Picks' Gary Vaughan Likes Large Cap Tech (And Energy) U.S. deploys stealth bombers, cruise missiles, AI tools in sweeping strikes on Iran Amazon increases Spain investment to $40B to boost data center, AI rollout
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Alphabet (GOOGL) is back in the spotlight after fresh headlines around its AI heavy capital spending plans and growing institutional interest, while regulatory and geopolitical risks continue to keep short term sentiment in flux. See our latest analysis for ...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Alphabet (GOOGL) is back in the spotlight after fresh headlines around its AI heavy capital spending plans and growing institutional interest, while regulatory and geopolitical risks continue to keep short term sentiment in flux. See our latest analysis for Alphabet. At a share price of US$306.52, Alphabet has seen some pressure in recent weeks, with a 30 day share price return of 9.31% and year to date share price return of 2.74% in the red, even as headlines focus on AI heavy capital spending, fresh power deals for data centers, and ongoing antitrust litigation. That contrasts sharply with its 1 year total shareholder return of 80.04% and 3 year total shareholder return of about 2.3x. This points to strong longer term momentum even while short term sentiment adjusts to higher investment and rising regulatory and geopolitical risk. If Alphabet’s AI push has caught your attention, you may want to look across the sector and see which other names stand out in our screener of 35 AI infrastructure stocks. With Alphabet trading at US$306.52, sitting on an implied 10% intrinsic discount and roughly 23% below the average analyst target of US$376.86, is the recent pullback a genuine entry point, or is the market already baking in years of AI driven growth? Most Popular Narrative: 29.1% Overvalued According to the most followed narrative, Alphabet’s fair value sits at $237.43, which is well below the last close at $306.52, and that gap is doing a lot of heavy lifting in the story. Alphabet Inc., the parent company of Google, stands as a cornerstone of the tech world, leading in search, digital advertising, AI, and cloud computing. Despite its dominance and innovation, Alphabet is currently the cheapest stock among the “Magnificent 7” (the seven largest U.S. tech companies by market capitalization). This relative undervaluation, combine...
As the US and Israel opened a new chapter of chaos in the Middle East, China stands to benefit from a Washington establishment that does not have the political or physical resources to focus on Asia. Officially, China has condemned the attacks. Wang Yi, the foreign minister, called them “unacceptable” and called for a ceasefire, rhetoric that is typical of Beijing in response to Donald Trump’s inc...
As the US and Israel opened a new chapter of chaos in the Middle East, China stands to benefit from a Washington establishment that does not have the political or physical resources to focus on Asia. Officially, China has condemned the attacks. Wang Yi, the foreign minister, called them “unacceptable” and called for a ceasefire, rhetoric that is typical of Beijing in response to Donald Trump’s increasingly erratic foreign policy moves. Wang made similar comments after the US capture of the Venezuelan president, Nicolás Maduro, in January. The Chinese government wastes no opportunity to present itself as the defender of international laws and stability, although it provides little material support to smaller partners in the crosshairs of the US president’s latest furies. But, aside from the chance to score diplomatic points, Trump’s decision to embark on a war against Iran that is already widening into a regional conflict creates a space for China to once more leverage its critical mineral dominance, particularly in the area of defence, and places the issue of Taiwan on an increasingly long list of concerns for the US. However, the strikes on Iran do pose some risk to China, especially when it comes to oil. China is thought to buy about 80% of Iran’s shipped oil. That accounts for about 13% of China’s seaborne imports, although grasping the true scale of China’s Iranian oil imports is difficult because much of it is labelled as originating from Indonesia or Malaysia to avoid US sanctions. Losing cheap oil from Iran would be a blow to China, although a manageable one. But it is barely two months since the US in effect took control of Venezuela’s oil industry, another, albeit much smaller, source of cheap supply for China. According to an analysis by Erica Downs, a senior research scholar at the Center on Global Energy Policy at Columbia University, more than a fifth of China’s oil imports in 2025 came from sources, including Venezuela, Iran and Russia, that had been p...