Capital Link Webinar January 2024 1 Disclaimer Forward-Looking Statements This presentation contains certain forward-looking statements including analyses and other information based on forecasts of future results and estimates of amounts not yet determinable and statements relating to our future prospects, developments and business strategies. Forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," ...

点 击 蓝 字 关 注 我 们 本文全文共 3558 字，阅读全文约需 12 分钟 本文详细资讯可在中国汽车流通协会乘用车市场信息联席分会官网下载：www.cpcaauto.com 1.本周车市概述 乘用车： 6月1-22日，全国乘用车市场零售126.9万辆，同比去年6月同期增长24%，较上月同期增长8%， 今年以来累计零售1,008.6万辆，同比增长11%；6月1-22日，全国乘用车厂商批发123.8万辆，同比去年6月同期 增长14%，较上月同期增长9%，今年以来累计批发1,202.8万辆，同比增长12%。 新能源： 6月1-22日，全国乘用车新能源市场零售69.1万辆，同比去年6月同期增长38%，较上月同期增长 11%，全国新能源市场零售渗透率54.5%，今年以来累计零售504.9万辆，同比增长35%；6月1-22日，全国乘用 车厂商新能源批发66.6万辆，同比去年6月同期增长22%，较上月同期增长6%，全国新能源批发渗透率53.8%， 今年以来累计批发587.2万辆，同比增长38%。 2.2025年6月全国乘用车零售市场平稳较强 | | 1-8日 | 9-15日 | 16-22日 | 23-30日 | ...

The USDX can provide investors and consumers with insight into the relative strength of the dollar and how it might affect prices for goods and services as well as demand for imports and exports.https://t.co/zfZDHjJloO https://t.co/ZN8fVtX3A0 ...

Key Takeaways Shell-led LNG Canada begins production, marking a milestone for Canada's export capabilities. The facility offers faster Pacific shipping to Asia, targeting 14M tons of annual LNG exports. Canada eyes reduced U.S. export reliance as more LNG projects near completion through 2028.LNG Canada, a joint venture project, led by Shell plc (SHEL) has officially entered the global LNG export market with its facility in Kitimat, British Columbia, producing the first batch of liquefied natural gas (“LN ...

The Americans don't want the war to continue. They want it to be one and done as Trump did when he assassinated Kasamsulammani in his first term. And they believe with some evidence that the Iranians are very riskaverse here.They don't have much they have been able to do against Israel. And frankly, they have even less that they're capable of doing really against the United States. The markets also are very focused on oil.And so far, Iran's own oil export capabilities have not been touched by the US or by I ...

Core Viewpoint - Energy Transfer LP (ET) is positioned to benefit from increasing global demand for U.S. natural gas liquids (NGL) through strategic expansion of its export infrastructure, particularly at key terminals like Nederland and Marcus Hook [1][9]. Group 1: Export Capacity and Market Position - Energy Transfer has significant export capacity, capable of shipping over 1.1 million barrels per day of NGLs and 1.9 million barrels per day of crude oil, with nearly a 20% share of the global NGL export market [2][9]. - The expansion of NGL export capabilities allows Energy Transfer to capture higher-margin international volumes, which are generally more profitable than domestic sales [3][9]. Group 2: Financial Stability and Growth - The company benefits from long-term, fee-based contracts with global customers, providing stable cash flows amid volatile commodity price cycles [3]. - Energy Transfer's integrated pipeline and storage network enhances supply-chain connectivity, allowing for increased throughput without a proportional rise in fixed costs, thereby improving margins [4]. Group 3: Industry Context and Competitors - Other Master Limited Partnerships (MLPs) like Enterprise Products Partners LP and Plains All American Pipeline LP are also capitalizing on rising NGL demand, with Enterprise aiming to export over 100 million barrels per month by 2027 [6][7]. - The overall demand for NGL is increasing globally, supported by regulatory tailwinds favoring energy exports, positioning Energy Transfer for sustainable cash flow growth and robust returns to unitholders [5]. Group 4: Earnings and Valuation - The Zacks Consensus Estimate indicates an increase in Energy Transfer's earnings per unit for 2025 and 2026 by 2.13% and 4.26%, respectively, over the past 60 days [8]. - Energy Transfer units are currently trading at a discount relative to the industry, with a trailing 12-month EV/EBITDA of 10.24X compared to the industry average of 11.48X, suggesting undervaluation [10]. Group 5: Price Performance - Energy Transfer units have appreciated by 13.8% over the past year, outperforming the Zacks Oil and Gas - Production Pipeline - MLB industry's growth of 9.2% [12].

How much is Iran cushioning itself from from whatever any outside actors want to do. I think it's just a pretty sensible step, right. You know, there's a lot going on.Even accidentally, something could happen or, you know, they could oil could become part of the the kind of issue. So, you know, moving as much oil as you can as quickly as you can is a pretty sensible thing to do. So we've looked at the tops of the satellites and you can see from the shadows that they're kind of filling up.At the same time, t ...

I think that we do have to be concerned about Huawei competing on the global market. Uh they may not fully be there yet, but I would expect that to change in the future. And I think that if we're overly restrictive in terms of US sales to the world, I think there'll be a time where we're kind of kicking ourselves saying, you know, when we're and all of a sudden Huawei is everywhere, we'll be saying, well, wait, when we had this whole market to ourselves, why didn't we take advantage of that opportunity and ...

FICC Research Economics 13 June 2025 China Outlook Trade truce continues Ongoing trade talks could reduce the tail risks of trade war escalation. We expect exports to slow visibly to close to 0% in H2 based on a likely payback from ~6% growth in H1. We expect 2025 full-year CPI inflation to stay at the post-GFC low of 0.2%. Next week, retail sales & FAI will be in focus. Despite absence of details, the ongoing trade talks could reduce tail risks Following the phone call between Trump and Xi last week, the U ...

We are just seconds away from retail sales and import prices. The futures this morning are weaker. Not as weak as they've been though.Down 160 right now for the Dow. Let's get right over to Rick Santelli at the CME in Chicago. Rick, yes, we could see yields moving lower.The market's smart. Retail sales for the month of May coming in at minus minus 9/10 of a percent. Almost down 1%.This is much more aggressive to the downside than we were expecting. We're expecting a number in the vicinity of down half a per ...