The fifth round of negotiations between Russia and Ukraine ended and made good progress
On March 29 local time, a new round of negotiations between Russia and Ukraine was held behind closed doors in dormabach palace, Turkey. The negotiations lasted about three hours. Subsequent negotiations will continue in the form of video. After the end of the first day of the fifth round of Russian Ukrainian negotiations, the head of the Russian delegation mezinski said that the negotiations between the two sides were very constructive. Russia was studying the Ukrainian proposal and the relevant information would be reported to President Putin. In addition, Russia is taking two steps to ease the conflict with Ukraine. In addition, he said that Ukraine would give up joining any military alliance. Ukraine has abandoned the establishment of foreign military bases and foreign garrisons on its territory and cannot hold military exercises without consultation with Russia and security countries. Earlier, potoliyak, an adviser to the office of the president of Ukraine, said in an interview that the security guarantee country needs to provide military support. In this case, Ukraine can become a neutral country. In order to increase mutual trust and create necessary conditions for further negotiations and the realization of the ultimate goal, the Russian Ministry of defense decided to significantly reduce military activities in Kiev and Chernigov. At the same time, Russia also said that it did not oppose Ukraine's accession to the EU. After the talks on the same day, the Ukrainian delegation issued a statement saying that it hoped that many countries, including Turkey, Germany, Canada, Poland and Israel, would become security guarantors. The agreement between Ukraine and Russia will be signed together with the security guarantee country. If Ukraine is attacked by Russia, Ukraine hopes to get the support of the security guarantee country. However, Russia and Ukraine have not yet reached an agreement on the state affairs of security.
The National Energy Administration issued the guidance on energy work in 2022
On March 29, the National Energy Administration issued a notice on printing and distributing the guiding opinions on energy work in 2022. The opinions proposed to enhance the supply guarantee capacity. China's total energy production reached about 4.41 billion tons of standard coal, about 200 million tons of crude oil and about 214 billion cubic meters of natural gas. We will ensure an adequate supply of electricity, with an installed capacity of about 2.6 billion kilowatts and a power generation capacity of about 9.07 trillion kwh. We will increase the peak power generation capacity by more than 80 million kilowatts, and the transmission capacity of the "west to East power transmission" will reach about 290 million kilowatts. Steadily promote structural transformation. The proportion of coal consumption decreased steadily, the proportion of non fossil energy in the total energy consumption increased to about 17.3%, the replacement power of new electric energy was about 180 billion kwh, and the power generation of wind power and photovoltaic power accounted for about 12.2% of the power consumption of the whole society. It is proposed to vigorously develop wind power photovoltaic and strengthen the planning and construction of a new energy supply and consumption system based on large-scale scenery base, supported by clean, efficient, advanced and energy-saving coal power around it, and supported by stable, safe and reliable UHV power transmission and transformation lines. Focus on improving quality and efficiency. The target of energy consumption intensity shall be comprehensively considered during the 14th Five Year Plan period, with appropriate flexibility. The average utilization hours of cross regional transmission channels are in a reasonable range, and the utilization rate of wind power and photovoltaic power generation continues to maintain a reasonable level. The Opinions also stressed the need to resolutely achieve the set goal of returning crude oil production to 200 million tons and natural gas production to a steady increase in 2022.
Recently, the state has issued a series of policies and measures to support the development of new energy, which is conducive to the development of clean energy industry.
The financing balance decreased. On March 28, the balance of A-share financing was 1585928 billion yuan, a decrease of 1.257 billion yuan month on month; The balance of margin trading was 1677806 billion yuan, a decrease of 1.455 billion yuan month on month. The balance of financing minus securities lending was 1494050 billion yuan, a month on month decrease of 1.058 billion yuan.
There was a net outflow of land stock connect and Hong Kong stock connect. On March 29, luchutong sold a net 328 million yuan on the same day, including 39.089 billion yuan of purchase and 39.417 billion yuan of sale, with a cumulative net purchase of 159647 billion yuan. Hong Kong stocks sold a net HK $912 million on the same day, including a purchase transaction of HK $16.594 billion and a sale transaction of HK $17.506 billion, with a cumulative net purchase transaction of HK $228424 billion.
Money market interest rates fell. On March 29, the weighted interest rate of pledged repo of deposit institutions was 1.6931% overnight, down 20.99bp and 2.1816% a week, down 0.75bp. The 10-year maturity yield of China national debt was 2.7853%, down 0.50bp.
European and American stock markets rose. On March 29, the Dow Jones Industrial Average closed at 3529419 points, up 0.97%; The S & P 500 index closed at 463160 points, up 1.23%; The NASDAQ index closed at 1461964, up 1.84%. European stock markets, French CAC index closed at 679216 points, up 3.08%; Germany's DAX index closed at 1482033 points, up 2.79%; The FTSE 100 index closed at 753725, up 0.86%. In the Asia Pacific market, the Nikkei index closed at 2825242 points, up 1.10%; The Hang Seng Index closed at 2192763, up 1.12%.
The dollar index fell. On March 29, the dollar index fell 0.7263 to 984257. The spot exchange rate of RMB against the US dollar closed at 6.3722, depreciating by 20 BP. The spot exchange rate of offshore RMB against the US dollar closed at 6.3741, up 123 BP. The central parity rate of RMB against the US dollar closed at 6.3640, up 92 BP. The euro rose 0.91% against the dollar to 1.1087. The dollar fell 0.80% against the yen to 1228915. The pound fell 0.01% against the dollar to 1.3094.
Gold, crude oil fell and copper rose. On March 29, Comex gold futures fell 0.80% to close at US $192420/oz. WTI crude oil futures fell 0.76% to close at US $105.16/barrel. Brent crude oil futures fell 0.85% to US $108.56/barrel. LME copper three-month futures rose 0.10% to close at US $10351 / ton.
