News

Citigroup: Maintains its forecast for crude oil prices at US$120 in the next three months.

The chief financial officer of Brazilian airline AZUL said that it expects to incur a loss of 1 billion reais this year due to rising aviation fuel prices.

S&P: Despite rising energy prices, Poland's real GDP is expected to grow by 3% over the next three years, reflecting rising real income and EU-funded investment.

S&P: (Regarding Israel) The U.S.-Iran and Israel-Hamas ceasefires are expected to be broadly in effect.

The Federal Reserve survey showed that in the spring of 2020, the oil crisis was listed as the second largest risk; in the fall of 2025 survey, the issue did not appear among the main concerns.

The S&P 500 Index rose 2.33% this week, the Nasdaq Composite Index rose 4.51%, and the Dow Jones Industrial Average rose 0.22%.

The S&P 500 and Nasdaq Composite Index rose for the sixth consecutive week, their longest winning streak since October 2024.

The Federal Reserve report: Geopolitical risks, oil shocks, artificial intelligence, private credit, and continued inflation/monetary tightening are the five major risks that threaten U.S. financial stability.

The Dow Jones Index closed up 12.19 points, or 0.02%, at 49609.16 points on May 8 (Friday);The S&P 500 Index closed up 61.83 points on May 8 (Friday) points, an increase of 0.84%, to 7398.94 points;The Nasdaq Composite Index closed up 440.88 points, or 1.71%, to 26247.08 points on May 8 (Friday).

The Federal Reserve reported: In the fourth quarter of 2025, bank loans to other financial institutions increased significantly, reaching $2.5 trillion.

Federal Reserve report: Hedge fund leverage remains near historic highs and is mainly concentrated in a few large funds.

Federal Reserve Report: The widespread application of artificial intelligence technology may push up the unemployment rate.

U.S. Commodity Futures Trading Commission (CFTC): Natural gas speculators in the four major markets of the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE) reduced their net short positions by 2,466 contracts to 8,652 contracts in the week ended May 5.

U.S. Commodity Futures Trading Commission (CFTC): Crude oil speculators reduced their net long position in WTI by 2,220 lots to 106,278 lots in the week ended May 5.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended May 5, COMEX silver speculators’ net long position increased by 196 lots to 10,941 lots.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended May 5, COMEX gold speculators’ net long position increased by 4,090 lots to 95,664 lots.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended May 5, COMEX copper futures speculators’ net long position increased by 2,348 lots to 63,144 lots.

Market news: The United States’ proposed artificial intelligence safety executive order does not include mandatory model testing requirements; people familiar with the matter said that the artificial intelligence executive order drafted by the White House may still be adjusted.

According to Interfax: The Kremlin said Russia agreed to Trump’s ceasefire plan for May 9-11; Russia also agreed to a prisoner exchange.

Fed Goolsby: The Fed's balance sheet can shrink, but it's unclear whether it must shrink.