On the afternoon of the 24th local time, European Commission President von der Leyen held a press conference in Brussels, stating that the EU and UK have now reached a consensus on the EU-UK trade agreement that has attracted much attention from the outside world. Next, the trade agreement must be approved by the European Parliament and the British Parliament respectively before it can take effect. The United Kingdom officially “Brexit” from the European Union on January 31 this year, and then entered an 11-month transition period. It is generally believed that reaching a trade agreement between the EU and the UK before the end of the transition period will enable the UK to exit the EU in an orderly manner, thus avoiding the chaos that may result from a “no-deal Brexit”.
According to Reuters, sources said the deal covered trade worth 668 billion pounds ($909 billion) in 2019. The European Commission stated that the trade agreement between the EU and the UK will be zero-tariff and zero-quota, and the trade agreement will be temporarily implemented before February 28.
According to Xinhua News Agency, recently, based on reports, the State Administration for Market Regulation launched an investigation into Alibaba Group Holding Co., Ltd. for suspected monopolistic behavior such as “choose one of two” practices. On the evening of the 24th, after the U.S. stock market opened, Alibaba’s stock price opened more than 10% lower, and the decline continued to expand. As of the close, Alibaba closed down more than 13%, and its market value fell below 600 billion US dollars, the largest single-day decline since its listing in the United States. .
According to the British Embassy in China, the UK is focusing on cooperating with international partners such as the WHO and China to solve problems such as the spread and origin of the new coronavirus and prepare for future possibilities. Be prepared for a global epidemic. Currently, the UK has launched a new cooperation program with China to improve its ability to control and prevent future pandemics.
Data from the British Office for National Statistics shows that in the week ending December 18, the infection rate of new coronary pneumonia was 1 in 85 people. The infection rate in the previous week was One in every 95 people is infected.
The latest statistics on the COVID-19 epidemic released by Johns Hopkins University in the United States show that as of 16:23 on December 24, Eastern Time, the cumulative number of confirmed cases of COVID-19 in the United States More than 18.6 million cases, 18,602,862, and 328,481 deaths.
Market news said that US Secretary of State Pompeo entered isolation after his wife tested positive for the new coronavirus.
According to news released by the Ministry of Health of the German state of Baden-Württemberg on the 24th local time, the state confirmed the first case of mutated new coronavirus infection in Germany. The confirmed person is a woman who returned from the UK via Frankfurt Airport on December 20. Currently, she is in home isolation.
By the end of the year, “crazy boxes” had become a true portrayal of the container shipping industry. Liu Wang, chairman of Shanghai Tianhui International Logistics Co., Ltd., said that container transportation prices have been rising, and competition has been particularly fierce this year due to the epidemic. When the price of container boxes in South America was historically low, it was US$50 for a small container. Now it is basically more than US$5,000 for a large box, and US$10,000 for a large box, and the price is basically the same every week. According to data from freight benchmarking company Xeneta, the current average price for short-term market contracts of three months or less in Asia and Europe is 200% higher than a year ago. But from the same period last year, freight rates across Southeast Asia have increased by an astonishing 390.5%.
Yesterday, the Beijing Local Financial Supervision and Administration Bureau released information stating that Deutsche Bank (China) Co., Ltd. has recently received approval from the China Securities Regulatory Commission to approve its securities investment fund custody qualification and become the State Council’s ” After the release of the “Reply on the Work Plan for Deepening the Comprehensive Pilot Project for the New Round of Expanding the Opening-up of the Service Industry in Beijing and Building the Comprehensive Demonstration Zone for the Expansion and Opening-up of the National Service Industry”, the first foreign-funded bank in Beijing to be approved for securities investment fund custody qualifications, the “Two Districts” of the capital Another important achievement of construction has been achieved. After completing the relevant procedures, Deutsche Bank China can directly provide relevant custody services to securities investment funds established in China.
The Brexit trade agreement was reached
Last night, according to the British Guardian, Sky News, etc. It was reported on the 24th that the post-Brexit trade agreement has been finalized. British Prime Minister Johnson tweeted to celebrate. At this point, one of the two major uncertainties in the world economy, “Britain’s no-deal Brexit”, has settled!
Reports indicate that this is an important milestone in the UK’s “Brexit” process. The UK and the EU originally hoped to announce a trade agreement on the 23rd, but EU member states still have questions about the text of the agreement. Negotiations continued all night. It is reported that the focus of discussion still revolves around the issue of fishing rights.
European Commission President von der Leyen held a press conference at 23:00 on the 24th, Beijing time, to formally announce the agreement between the two parties. Von der Leyen said that the EU and the UK have reached a fair and balanced agreement. “It will protect the interests of the European Union, ensure fair competition and provide predictability for our fishing industry.”
Von der Leyen said it was time to turn the page and look to the future . The UK is a third country, but it is still a trustworthy partner and long-term ally and shares the same values and interests. The EU will work side by side with the UK to achieve common global goals.
At the same time, British Prime Minister Johnson also posted on social media:Oil prices closed slightly higher.
In this regard, Yunchen Futures said that U.S. crude oil inventories unexpectedly fell, which in the short term stimulated another rebound in oil prices. “Currently, oil prices are still in an oscillating range. Market news guides oil price fluctuations. Global crude oil demand has not yet recovered. OPEC+ policy implementation status guides crude oil supply. Market sentiment guides crude oil prices. It is expected that political issues may trigger negative market sentiment towards consumer demand. Investors need to Treat the news with caution.”
The Guangzhou Futures Energy Research Team said that the cost side supports the unilateral price of fuel oil, especially high-sulfur fuel oil. “The recent rise in natural gas prices and the rapid rise in JKM prices are relatively good for fuel oil prices in Singapore. Power plants in Asia may increase the use of fuel oil. There are recent signs of an increase in fuel futures warehouse receipts. The shipping market still has support for low-sulfur fuel oil. In the short term, The price difference between low-sulfur fuel oil and fuel oil is expected to continue to widen.”</p
