Report Summary 1) Report Industry Investment Rating - The investment rating for the styrene industry is short - term bearish, with a trend strength of -2, indicating the most bearish view [1]. 2) Core View of the Report - Styrene is following the decline of crude oil due to the continued release of macro - risks. The negative feedback in the styrene market has just begun, and attention should be paid to the opportunity of compressing profits in the far - month contracts. The weak reality of pure benzene remains unresolved, with short - term downward drivers [1][2][3]. 3) Summary by Relevant Catalogs Fundamental Tracking - Styrene futures prices (EB2505, EB2506, EB2507) and spot prices all declined. The basis, spreads between different contracts, trading volume, and open interest also showed decreases. The number of styrene warehouse receipts decreased significantly from 2363 to 0 [1]. Spot News - Macro - risks are continuing to be released, and styrene is following the decline of crude oil [2]. Pure Benzene Situation - The weak situation of pure benzene persists, with short - term downward drivers. Overseas, although the blending of oil has restarted, the overall valuation has been re - structured due to the rapid decline in oil prices, and the pressure on absolute price decline in the overseas market has not been fully released. Domestically, downstream demand is lackluster. Different downstream products of pure benzene have different performances, with some showing better开工 and profit recently [3]. Styrene Situation - The negative feedback in the styrene market has just started. EPS has begun to reduce production and prices to relieve inventory pressure. PS and ABS factories are expected to reduce production after the poor home appliance demand affects actual orders. Although there is an expectation of significant inventory reduction in April, downstream raw material inventories are already sufficient, and there is a possibility that styrene will follow the decline of pure benzene. Attention should be paid to the opportunity of compressing profits in the far - month contracts [3].

当地时间4月8日，西班牙首相桑切斯在对越南进行国事访问期间表示，在一个多极化和高度互联的世界 背景下，美国总统特朗普发动的贸易战正在对全球造成巨大损害，尤其是对美国经济。 ...

新华社北京4月8日电（记者袁睿、成欣）针对美方威胁进一步对华加征50％关税，外交部发言人林剑8 日在例行记者会上说，美方滥施关税严重侵犯各国正当权益，严重违反世界贸易组织规则，严重损害以 规则为基础的多边贸易体制，严重冲击全球经济秩序稳定，是典型的单边主义、保护主义、经济霸凌， 遭到国际社会普遍反对，中方对此强烈谴责、坚决反对。 发言人表示，中方重申，贸易战没有赢家，保护主义没有出路。施压和威胁不是同中方打交道的正确方 式。中方敦促美方立即纠正错误做法，取消所有对华单边关税措施，停止对华经贸打压，与中方在相互 尊重的基础上，通过平等对话妥善解决分歧。 （文章来源：新华社） 另据新华社电商务部新闻发言人8日表示，中方注意到，美东时间4月7日，美方威胁进一步对华加征 50％关税，中方对此坚决反对。如果美方升级关税措施落地，中方将坚决采取反制措施维护自身权益。 发言人说，美方对华加征所谓"对等关税"毫无根据，是典型的单边霸凌做法，中方已经采取的反制措施 是为了维护自身主权安全发展利益，维护正常的国际贸易秩序，完全是正当之举。美方威胁升级对华关 税，是错上加错，再次暴露了美方的讹诈本质，中方对此绝不接受。如果美方一意 ...

Shares of Nvidia (NVDA 2.05%) are surging on Tuesday. The company's stock gained 3% as of 12:50 p.m. ET but it was up as much as 8.4% earlier in the day. The significant rebound comes as the S&P 500 gained 1.4% and the Nasdaq Composite jumped 1.2%.News of tariff negotiations sparked optimism for Nvidia and other chip stocks.An end in sight?After days of chaos in the market some hope emerged that an end is in sight. President Donald Trump's tariff announcement after market close last Wednesday sent markets a ...

古特雷斯重申联合国立场：贸易战没有赢家 智通财经4月9日电，在回答记者提问时，联合国秘书长古特雷斯重申联合国立场，贸易战没有赢家。古 特雷斯表示，贸易战极其负面，没有人能从中获胜，大家往往都是输家。古特雷斯说，尤其担心最脆弱 的发展中国家，因为对它们来说，影响将会更加严重。古特雷斯表示，他希望不会发生经济衰退，因为 一旦衰退，其后果将是灾难性的，尤其会严重打击全球最贫困的人群。 ...

智通财经4月9日电，在美国总统唐纳德·特朗普的贸易战导致市场陷入混乱之际，美国银行客户上周向 美国股市投入的资金创出历史第四高。策略师Jill Carey Hall在周二的研究报告中写道，这一期间净流入 80亿美元，根据可追溯至2008年的数据，周资金流入规模排第四，占市值的比例排在第31位。机构客 户、散户和对冲基金都是净买家。客户买入了11个板块中的9个板块，以科技股为首，该板块出现三周 来首次资金流入，只有非必需消费品和公用事业板块出现资金外流。 美国银行客户在上周美股遭抛售之际大举买入 ...

摩根大通：受贸易战影响，料欧元区GDP预测将需要额外下调0.5%，对GDP的总影响到2026年底将达 到1.5%，这仍将使欧元区避免衰退。 ...

Core Viewpoint - The article discusses the significant market downturn in the U.S. stock market, driven by fears of a trade war initiated by President Trump, leading to a reassessment of economic outlooks, inflation trends, interest rates, and corporate earnings [3]. Economic Data Focus - Key economic data to watch includes the U.S. Consumer Price Index (CPI) report for March, which is expected to influence market volatility if it exceeds expectations [3][4]. - The Producer Price Index (PPI) and the University of Michigan Consumer Sentiment Index will also be released, with particular attention to inflation expectations [3][4]. Company Earnings Reports - The earnings season is approaching, with major companies like JPMorgan, Wells Fargo, Morgan Stanley, BlackRock, and Delta Air Lines set to report their results, which will provide insights into consumer and corporate demand [5]. Cal-Maine Foods - Cal-Maine Foods is expected to report a significant increase in earnings, with estimates suggesting a rise of over 250% year-over-year, driven by a shortage in egg supply and strong demand [6][8]. - The projected earnings per share (EPS) for Cal-Maine is $10.75, up from $3.01 in the same quarter last year, with quarterly revenue expected to grow by 102% to $1.42 billion [8]. - Despite recent declines in egg prices due to softening consumer demand, the company remains optimistic due to ongoing supply issues from avian influenza [8][10]. Delta Air Lines - Delta Air Lines faces a challenging outlook, with analysts downgrading earnings forecasts due to a weakening economy affecting consumer spending [11][13]. - The expected EPS for Delta is $0.44, reflecting a slight decline of 2% year-over-year, with revenue anticipated to grow by 7% to $13.6 billion [13]. - The airline's stock has seen a significant drop of 38.4% year-to-date, and concerns about its financial health are reflected in a moderate rating of 5.9 out of 10, primarily due to issues with its balance sheet and cash flow [15].

西班牙政府发言人皮拉尔·阿莱格里亚宣布，西政府在召开全体会议后批准了应对美国关税措施的一系 列法令。西班牙政府将调动总计达到141亿欧元的资金，以减轻美国发动的贸易战带来的影响。在调动 的141亿欧元中，74亿欧元将作为新融资，另外67亿欧元将用于推动各类措施以保护本国可能受到关税 政策冲击的企业和工人，并重新调整该国的生产力，寻找新的合作市场。西班牙政府将要求欧盟委员会 在欧盟层面采取紧急措施应对美国的关税政策。 ...

金十数据4月8日讯，欧盟发言人周二表示，尽管特朗普政府拒绝了布鲁塞尔提出的对所有工业产品征 收"零对零"关税的提议，但欧盟仍希望避免与美国发生贸易战。白宫贸易顾问彼得·纳瓦罗周一表示， 如果欧盟想达成协议，就需要降低非关税壁垒，包括增值税和食品安全法规造成的壁垒。欧盟发言人 称："情况没有改变。我们希望避免关税……我们正在等待美国同行以一种有意义的方式参与进来。" 欧盟发言人：欧盟仍希望避免征收关税 ...