News

Golden Ten Data reported on April 15 that XS.com analyst Lin Tran stated the recent decline in crude oil prices reflects investors “shifting from a state of panic over potential supply chain disruptions to a more cautious and rational attitude amid multiple developments such as the resumption of operations at oil fields and macroeconomic factors.” The entry of the US Navy into the Strait of Hormuz alleviated concerns about disruptions to 20% of global oil supply, leading the market to believe non-Iranian oil supplies remain stable. However, this decline does not necessarily indicate a sustained bearish reversal, as crude oil remains in a sensitive state.

Golden Ten Data reported on April 15th that in response to the continued rise in upstream core raw material prices, Huifeng Diamond issued a "Product Price Adjustment Notice" on April 15th, announcing a structural price increase of 8%-12% for its industrial diamond series products, effective May 1st, 2026.

Golden Ten Data reported on April 15 that Bansi Madhavani, an economist at Ernst & Young, stated that conflicts in the Middle East and the resulting rise in energy prices have brought a stagflation shock to the UK economy. In the coming months, the UK's overall inflation rate is expected to rise by more than 3.0% year-on-year, while economic growth is forecast to be below 1.0%. She also pointed out that a prolonged energy price shock would increase the likelihood of a recession. Therefore, the Bank of England is unlikely to raise interest rates in response to the direct impact of rising energy prices, but may adopt a wait-and-see approach.