The situation in Russia and Ukraine escalated again, and the international aluminum price rose to the highest level in more than 13 years. A shares opened low and walked low in the morning, and risk aversion increased.
the UN Security Council held an emergency meeting to discuss the situation in Russia and Ukraine
Early this morning, Russian President Vladimir Putin signed a presidential decree recognizing the “people’s Republic of Donetsk” and the “people’s Republic of Lugansk”, and signed the Treaty of friendship, cooperation and mutual assistance between Russia and the “people’s Republic of Donetsk” and the “people’s Republic of Lugansk”.
According to Xinhua news agency, United Nations, February 21, UN Secretary General Guterres is deeply concerned about Russia’s decision to recognize the “people’s Republic of Donetsk” and “people’s Republic of Lugansk” in eastern Ukraine, and urges relevant parties to give priority to diplomatic activities and solve all problems peacefully.
United Nations Secretary General Guterres said in a statement through a spokesman that the United Nations is particularly worried about civilian casualties and infrastructure damage. The statement called on all parties to cease fire immediately and exercise maximum restraint to avoid further escalation of the situation on the ground.
According to CCTV news, at 21:00 local time on February 21 in New York (10:00 Beijing time on February 22), the United Nations Security Council held an emergency meeting on the situation in Ukraine. It is reported that the rotating president of the UN Security Council this month is Russia. It is reported that this will be an open meeting, and all security council members, including the United States and Russia, will make statements.
Greenfield, the permanent representative of the United States to the United Nations, said that Russia’s decision today is to create an excuse for war, and its action will have serious consequences. If Russia chooses to further “invade” Ukraine, the world will see a lot of life loss, displacement and even refugee crisis. President Biden today announced a new decree authorizing sanctions against relevant personnel operating in the Donetsk and Lugansk regions of Ukraine. The United States will take further action tomorrow.
Russia’s permanent representative to the United Nations Vasili niebianja said that Kiev resumed its belligerent remarks during Zelensky’s administration and did everything possible to tear up the Minsk agreement. We also do not want new bloodshed in Donbas. Now the focus is on how to avoid war.
European oil and gas supply is highly dependent on Russia, and the international aluminum price has broken the 13 year record
According to the statistics of securities times and databao, as of 2021, among the global output of about 98 million barrels per day, Russia produced about 10.9 million barrels per day, accounting for 11%, and Russia contributed 12% and 21% of the total global oil and gas exports. In terms of oil and gas supply, Europe is more dependent on Russia. In 2021, Russia’s oil and gas trade volume exported to Europe accounted for 29% and 36% of the global trade volume exported to Europe, and the pipeline gas delivered by Russia to Europe accounted for about 35% of the total import volume of European natural gas.
The situation in Russia and Ukraine has escalated again, and its impact on European financial markets has emerged. As of Monday’s close, European bond yields rose across the board; Among them, the German 10-year bond yield rose 1.5 basis points to 0.203%, the French 10-year bond yield rose 3.2 basis points to 0.714%, the British 10-year bond yield rose 3 basis points to 1.405%, the Italian 10-year bond yield rose 7.2 basis points to 1.907%, and the Spanish 10-year bond yield rose 3.9 basis points to 1.239%.
Tensions in Ukraine have increased supply risks in the market, and international aluminum prices have risen to their highest level in more than 13 years. According to data treasure statistics, LME aluminum price once exceeded US $3340 / ton this morning, approaching an all-time high.
Sri paravaikkarasu, head of FGE’s Asian oil business, said the oil price would break through $100 a barrel “soon”. If Russian crude oil exports were sanctioned due to the Ukrainian crisis, the oil price could rise by $10.
China International Capital Corporation Limited(601995) the latest strategy report points out that by combing the more typical local conflicts since the 1990s, especially the global asset prices related to the United States and Russia, such as the Crimea crisis in 2014, it is found that in the short term, without exception, the outbreak of geographical conflicts will suppress risk appetite in the short term, resulting in the benefit of hedging assets and the damage of risky assets.
In response, China International Capital Corporation Limited(601995) analysis, from the perspective of asset hedging and in view of the current uncertainty, it is considered that the traditional hedging assets (VIX Index > US Treasury bonds > Japanese treasury bonds > yen > gold; and the defensive sector in the stock market) and VIX volatility index (it is necessary to close the position in time after making profits, which is not suitable for long-term holding, otherwise it will be dragged down by it), And the crude oil that may benefit from the supply premium may have a certain hedging effect.
A-share gold and oil and gas concept stocks rose
Affected by the situation in Russia and Ukraine, VIX panic index futures rose more than 5.5% this morning. The main indexes of the A-share market continued to decline. As of the noon closing, the Shanghai index fell 1.36% and the gem index fell 1.61%. IP realisation, COVID-19 drug concept, intellectual property, Baijiu concept, Yuan universe and other subjects are among the top. Covid-19 drug concept index, one of the hottest topics in the near future, fell by more than 3.3%, and the concept leaders Aba Chemicals Corporation(300261) , Hybio Pharmaceutical Co.Ltd(300199) , Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) fell sharply. At one time, Aba Chemicals Corporation(300261) fell by more than 13% and narrowed to less than 8% at noon.
On the disk, less than 10% of the subject index was red, and gold and oil and gas concept stocks related to safe haven assets rose sharply this morning. Gold concept stocks Anshan Heavy Duty Mining Machinery Co.Ltd(002667) , Western Region Gold Co.Ltd(601069) , Hunan Gold Corporation Limited(002155) , Beijing Kingee Culture Development Co.Ltd(002721) , Mclon Jewellery Co.Ltd(300945) , Jinyuan Ep Co.Ltd(000546) opened up more than 3%. Before 10 o’clock, Chenzhou City Jingui Silver Industry Co.Ltd(002716) , Jinan High-Tech Development Co.Ltd(600807) took the lead in sealing the daily limit. As of midday closing, Shanghai Yimin Commercial Group Co.Ltd(600824) , Huaiji Dengyun Auto-Parts (Holding) Co.Ltd(002715) had been closed successively, and Mclon Jewellery Co.Ltd(300945) , Western Region Gold Co.Ltd(601069) , Hunan Gold Corporation Limited(002155) , Beijing Kingee Culture Development Co.Ltd(002721) and other gains were ahead.
In terms of capital, there were 51 shares in the morning, with a net inflow of more than 100 million yuan, Tibet Summit Resources Co.Ltd(600338) , Hengbao Co.Ltd(002104) net inflows of more than 1 billion yuan, and both shares were in the state of daily limit. Among the top net inflow are Poly Union Chemical Holding Group Co.Ltd(002037) , Anhui Golden Seed Winery Co.Ltd(600199) , Inesa Intelligent Tech Inc(600602) , Yotrio Group Co.Ltd(002489) , Longi Green Energy Technology Co.Ltd(601012) . Among gold and oil and gas stocks, Shanghai Yimin Commercial Group Co.Ltd(600824) , Chifeng Jilong Gold Mining Co.Ltd(600988) , Jinan High-Tech Development Co.Ltd(600807) , Xinjiang International Industry Co.Ltd(000159) , Chenzhou City Jingui Silver Industry Co.Ltd(002716) , Zhongjin Gold Corp.Ltd(600489) and other six stocks have a net inflow of more than 50 million yuan.
