The U.S. March EIA short-term outlook for the current year U.S. crude oil production is expected to be 13.19 million barrels per day, compared with the previous value of 13.1 million barrels per day.

The White House: The U.S. Consumer Financial Protection Bureau will take steps to increase competition regarding lenders’ settlement costs.

The Federal Reserve accepted a total of $476.862 billion from 73 counterparties in fixed-rate reverse repurchase operations.

The yield on the 10-year U.S. Treasury note rose to 4.164% after the auction.

As of March 12, the 10-year Treasury bond auction in the United States - the winning interest rate allocation percentage was 31.12%, compared with the previous value of 19.64%.

Market news: New York lawmakers propose raising taxes on people earning more than $5 million.

On March 12, local time, the European Commission submitted a report to the European Council. The report pointed out that Bosnia and Herzegovina had reached and maintained comprehensive agreement on a common foreign and security policy with the EU. Therefore, it proposed to start negotiations for Bosnia and Herzegovina to join the EU. On the same day, the European Commission also submitted to the European Council a proposal for a draft accession negotiation framework for Ukraine and Moldova.

CIA Director Burns: A ceasefire agreement in Gaza is still possible, but there are still many complex issues that need to be resolved.

Faraday Future (FFIE.O) fell more than 20% during the day.

On the 12th local time, the Russian Ministry of Defense reported that Russian Tu-22M3 and MiG-31 fighter jets equipped with "Dagger" hypersonic missiles completed planned flights over the neutral waters of the Baltic Sea and the Caspian Sea. Flights strictly abide by international airspace usage rules.

Bank of England Governor Bailey: Concerns about the second round of inflationary effects have eased.

Bank of England Governor Bailey: The impact of the first round of inflation is still temporary.

Bank of England Governor Bailey: The UK is still "near or at full employment".

Bank of England Governor Bailey: So far, we have limited evidence on the conditions for falling inflation, that is, rising unemployment.

Bank of England Governor Bailey: Long-term inflation expectations have not changed much.

Bank of England Governor Bailey: Action must be taken to prevent the second round effect of inflation.

Bank of England Governor Bailey: Monetary policy is working.