Macro important news and events:
Russian President Vladimir Putin said that Russia has withstood unprecedented pressure from the west, and the economic "Blitzkrieg" launched by the West against Russia has failed. At present, Russia's economic situation tends to be stable, the ruble exchange rate has returned to the level of the first half of February this year, retail demand has returned to normal, and the inflation level has gradually stabilized.
The director of the office of the president of Ukraine said that "the second stage of the Russian Ukrainian conflict has begun" and Russia launched a new round of attacks on eastern Ukraine. According to local officials, the Western Ukrainian city of Lvov was attacked by four missiles and exploded. Russian Defense Ministry spokesman Konashenkov said that Russian troops destroyed a large number of weapons and equipment transported to Ukraine from the United States and Europe on the same day.
In 2022, FOMC voting Committee Brad said that the Federal Reserve needs to act quickly to raise the benchmark interest rate to about 3.5% by the end of the year; During the period, interest rates need to be raised by 50 basis points several times, and the possibility of raising interest rates by 75 basis points should not be ruled out. In addition, if inflation does not fall as expected, accelerating the contraction may become "plan B".
World Bank President marpas said that the world bank lowered its global economic growth forecast for 2022 from 4.1% to 3.2%; It is planned to provide 170 billion US dollars of assistance to help developing countries repay their debts, which exceeds the amount of funds used to deal with covid-19 epidemic ($157 billion).
China's GDP grew by 4.8% year-on-year in the first quarter, with an expected 4.4% and a previous value of 4%. The economy rebounded more than expected in the first quarter. In March, China's total retail sales of social consumer goods increased by - 3.5% year-on-year, down 10.2 percentage points from January to February, and is expected to be - 1.6%; In March, the added value of industries above Designated Size in China increased by 5% year-on-year, down 2.5 percentage points from January to February, and is expected to be 4.5%; China's fixed asset investment from January to march was 9.3%, expected to be 8.5%, with the previous value of 12.2%; In March, the investment in real estate development increased by 0.7% year-on-year, down 3.7 percentage points from the previous value, and the sales area of commercial housing increased by - 13.8% year-on-year, down 16.9 percentage points from the previous value.
The national development and Reform Commission will pay close attention to improving the relevant provisions on the identification standards of illegal acts of bid up in the coal field, promote relevant departments to strengthen law enforcement and inspection, effectively maintain the price order of the coal market and better ensure national energy security.
The epidemic situation in Shanghai in the past three days was introduced at the press conference of epidemic prevention and control in Shanghai. Pudong New Area, Songjiang District and Qingpu District generally showed a continuous downward trend; The epidemic situation in Minhang District, Xuhui District, Huangpu District, Baoshan District, Yangpu District, Hongkou District, Changning District and Jiading District is generally in a state of platform fluctuation; The epidemic situation in Putuo District and Jing'an District has rebounded; The epidemic situation in Fengxian District, Jinshan District and Chongming District remained low and basically stabilized.
