After the second round of talks between Russia and Ukraine, the two sides reached an agreement on a temporary ceasefire and the establishment of humanitarian channels
At about 20:30 local time on March 3, the second round of talks between Russia and Ukraine ended, and Russia and Ukraine reached an agreement on a temporary ceasefire and the establishment of humanitarian channels. The two sides will maintain communication and cooperation around the establishment of humanitarian corridors in the near future. Mezinski, head of the Russian delegation, said that the main issue to be resolved through negotiations today is to save civilians. He also said that the representatives of the Russian and Ukrainian defense ministries reached an agreement on the form of opening humanitarian corridors for civilians and the way to declare a temporary ceasefire to ensure the withdrawal of civilians, which is a substantive progress in the negotiations.
But on the whole, Ukraine said it did not get the expected negotiation results. Russia and Ukraine agreed to hold the third round of negotiations as soon as possible. On the same day, the European Union plans to cancel the most favored nation treatment of Russian trade, the largest supplier of the global distribution system for airline reservations in the United States terminates the distribution agreement with Russian Airlines, and increases sanctions against Russia.
The fifth session of the 13th CPPCC National Committee will open on March 4
The fifth session of the 13th CPPCC National Committee will open at 3 p.m. on March 4 in the Great Hall of the people and close on the morning of March 10 for six days.
In 2021, China’s economic operation maintained a stable recovery trend, with an annual economic growth rate of 8.1%, a total economic volume of more than 110 trillion yuan, and a per capita GDP of more than 12000 US dollars. China’s economy continued to improve its fundamentals for a long time.
Overall, the external environment such as overseas geopolitics and the contraction of global monetary policy is highly uncertain this year. China is also facing triple pressures of shrinking demand, supply shock and weakening expectations. In 2021, China’s actual use of foreign capital reached 1.15 trillion yuan, a record high. This also fully shows that China’s opening-up policy and business environment have been trusted by overseas investors, and the prospect of economic development is good.
Financing funds
On March 2, the balance of A-share financing was 1634613 million yuan, an increase of 1.972 billion yuan month on month; The balance of margin trading was 1731681 billion yuan, an increase of 1.914 billion yuan month on month. The balance of financing minus securities lending was 1537545 billion yuan, an increase of 2.03 billion yuan month on month.
Land stock connect and Hong Kong stock connect
On March 3, the net purchase turnover of land stock connect on that day was -731 million yuan, including 44.371 billion yuan of purchase turnover and 45.101 billion yuan of sales turnover, with a cumulative net purchase turnover of 1657102 billion yuan. Hong Kong stock connect had a net purchase transaction of HK $347 million on the same day, including a purchase transaction of HK $15.217 billion and a sale transaction of HK $14.87 billion, with a cumulative net purchase transaction of HK $2237779 billion.
Money market
On March 3, Bank Of Shanghai Co.Ltd(601229) inter-bank offered rate Shibor overnight interest rate was 1.7290%, down 15.80bp, Shibor one week was 2.0050%, down 4.10bp. The weighted interest rate of pledged repo of depository institutions was 1.7374% overnight, down 12.67bp and 1.9738% a week, down 3.40bp. The 10-year maturity yield of China national debt was 2.8300%, up 1.25bp.
Overseas stock market
On March 3, the Dow Jones Industrial Average closed at 3379466 points, down 0.29%; The S & P 500 index closed at 436349 points, down 0.53%; The NASDAQ index closed at 1353794 points, down 1.56%. France equities (CAC) fell to 631.78 points, closing at 631.78%; Germany’s DAX index closed at 1369840 points, down 2.16%; The FTSE 100 index closed at 723885, closing flat at 0.00%. In the Asia Pacific market, the Nikkei index closed at 2657727 points, up 0.70%; The Hang Seng Index closed at 2246734, up 0.55%.
Foreign exchange rate
On March 3, the dollar index rose 0.38% to 977267. The euro fell 0.53% against the dollar to 1.1059. The dollar fell 0.07% against the yen to 1154345. The pound fell 0.50% against the dollar to 1.3338. The spot exchange rate of RMB against the US dollar closed at 6.3184, depreciating by 0.12%. The spot exchange rate of offshore RMB against the US dollar closed at 6.3226, up 0.03%. The central parity of RMB rose to 306.53% against the US dollar.
Gold, crude oil
On March 3, Comex gold futures rose 0.39% to close at US $193840/oz. WTI crude oil futures fell 3.01% to close at US $108.05/barrel. Brent crude oil futures fell 3.58% to close at $110.44 a barrel. COMEX copper futures rose 2.30% to close at US $4.7840/lb. LME copper three-month futures rose 1.57% to close at US $10417 / ton.
