Author: xjadmin

On March 25th, the White House announced on the 24th local time that US President Trump has signed an order to impose sanctions on countries that import Venezuelan oil. On the 24th, US President Trump announced on social media that he will impose a 25% tariff on countries that purchase Venezuelan oil and gas, and accused this Latin American country of being “hostile” towards the United States. Trump said that the relevant tariffs will take effect on April 2nd. On the 24th, Venezuelan Foreign Minister Hill stated that the US measure to impose a 25% tariff on countries that purchase oil and natural gas from Venezuela is “illegal” and “arbitrary”.

On March 25th, the Israeli Defense Forces killed 20 Palestinian militants and arrested approximately 30 people during their operation in the southern Gaza Strip. The Israeli Defense Forces stated that they also raided the Palestinian Islamic Resistance Movement (Hamas) command center in the area. It is reported that the Israel Defense Forces will continue to carry out operations in Rafa and Khan Younis. The Israeli military stated that the operation aims to expand the buffer zone along the border with the Gaza Strip.

On March 25th, the White House admitted on March 24th local time that several senior officials of the Trump administration used a non confidential chat application to discuss highly sensitive military plans, inadvertently adding a journalist to the group chat, which quickly drew criticism from national security agencies. The Atlantic Monthly reported that its editor in chief Jeffrey Goldberg was accidentally added to a group chat about Trump’s national security team planning an attack on Yemen. Goldberg’s article provides a detailed account of the intense policy discussions that took place prior to the military operation against Houthi militants in Yemen on March 15th. Goldberg stated that he was added to a group chat on the encrypted information platform Signal by Waltz, the National Security Advisor to the President of the United States. Other participants included Vice President Vance, Defense Secretary Hergeuse, and Central Intelligence Agency Director Ratcliffe.

On March 25th, “April Decision” is an important concept in the A-share market, which refers to investors’ judgment of the April market situation, which will have important guiding significance for investment throughout the year. The A-share market has entered the last full trading week of March, and the approaching April has also increased the market’s attention to this year’s “April Decision”. Although there have been signs of adjustment in the A-share market recently, industry institutions believe that the short-term correction of risk appetite does not mean the end of the market, and the process of “April decision” may correspond to the market’s “consolidation period”; As the annual and first quarter performance forecasts of listed companies are gradually disclosed, it is recommended to moderately switch between high and low trading strategies in the future. We are optimistic about the possibility of sustained prosperity or the direction of improvement in prosperity, as well as defensive assets such as dividend stocks and bonds.

On March 25th, the Venezuelan Ministry of Foreign Affairs issued a statement on March 24th stating that it firmly opposes the US government’s imposition of a 25% secondary tariff on countries engaged in oil and gas trade with Venezuela. The announcement states that US President Trump’s unilateral imposition of tariffs is a new act of aggression that blatantly violates international trade rules such as the General Agreement on Tariffs and Trade. Venezuela will take all appropriate actions in international institutions to safeguard its rights and condemn this new violation of the world economic order.

On March 25th, Goldman Sachs predicts that over the next 12 months, when Brent crude oil prices rise above $70 per barrel and decrease by $10 per barrel, non OPEC+countries’ production growth will decrease by 300000 barrels per day. When the Brent crude oil price is between $50-70 per barrel, this reaction will increase to 650000 barrels per day. With the increasing risk of recession and idle production capacity, our (cloth oil) price forecast still faces downside risks in the medium term.

On March 25th, the first quarter EPS of US residential construction company KB Home (KBH) was $1.49, with analysts expecting $1.58; The first quarter revenue was 1.39 billion US dollars, with analysts expecting 1.5 billion US dollars; 2770 units (housing) were delivered in the first quarter, with analysts expecting 2996 units. Appoint Robert R. Dillard as Chief Financial Officer (CFO). The company expects its annual housing revenue to be between 6.6 billion and 7 billion US dollars, compared to the original estimate of 7 billion to 75 billion US dollars. The US stock market fell 11.8% after trading.

On March 25th, the Russian newspaper “Izvestia” reported on the 24th local time that its journalist Alexander Fedorchak unfortunately died in the special military operation area. The report stated that the journalist died in the direction of Kupiyansk in Kharkiv, and further investigation is needed to determine the relevant details. Russian Foreign Ministry spokesperson Zakharova stated on the same day that the Russian Ministry of Foreign Affairs will seek a response from the Organization for Security and Co operation in Europe (OSCE) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) regarding the death of Fyodorzak due to Ukrainian military operations.

On March 25th, the United Nations Children’s Fund announced on March 24th that from January 2024 to March 2025, 16 countries in East and Southern Africa have confirmed over 178000 cases of cholera. Due to limited water, sanitation facilities, personal hygiene, and medical services, cholera has caused approximately 2900 deaths, many of whom are children.

On March 25th, according to Israeli sources, a ballistic missile was launched from Yemen towards Israel, sounding alarms in Jerusalem, the central Israeli city of Tel Aviv, and dozens of Israeli towns. The Israeli military subsequently announced that the missile was launched by the Houthis and was shot down before flying over the Israeli border. There are currently no reports of casualties or property damage caused by the attack. According to the Israeli military, this is the sixth attack launched by Houthi militants in Yemen against Israel in the past week. Yemen has not yet responded to this.