EXXON IS MAXIMISING PRODUCTION TO AID MARKETS, AMMANN SAYS

英国2月未季调输出PPI年率 1.7%，预期2.6%，前值2.50%。

Chinese government bonds are emerging as a viable reserve asset, having remained resilient through geopolitical shocks like the Iran conflict, according to Gavekal Research. Analysts note China’s long-term bonds outperformed US Treasuries after Covid-19 and stayed stable post-Ukraine war, benefiting from low-cost electricity and industrial strength. The report suggests China’s sovereign debt, supported by its economic and trading dominance, could attract reserve flows in an inflationary world, shifting interest from gold and US Treasuries to renminbi- and Asian-currency-denominated assets with yields.