[Huatai Futures: The United States will start buying and storing in the second half of the year, but the scale may be limited, and it will be difficult to exceed 50 million barrels] Recently, the United States announced that it will buy and store 3 million barrels in August, fulfilling its previous purchase and storage commitments. According to the funds in the current account, The U.S. Department of Energy can return to the strategic reserve of 60-70 million barrels without congressional approval, but we believe that low-price purchase and storage is still one of the considerations of the U.S. government, so the scale of purchase and storage this year will not be too large, and it is expected to be collected in the second half of the year It is difficult for the scale of storage to exceed 50 million barrels, unless the oil price falls below $70/barrel. The biggest impact of the repurchase of war reserves is equivalent to reducing the additional supply of 1 million barrels per day in the United States. In the second half of the year, the balance of supply and demand in the United States will be significantly tightened, and the consumption of commercial reserves will be accelerated while maintaining the same refineries and exports. , but the United States may also increase net imports to make up for the supply gap after the reduction of war reserves.

The MSCI Asia Pacific index rose 1% on the day.

Kiev Mayor Klitschko: Kiev is still under air strikes.

Market news: U.S. Treasury Secretary Yellen will discuss the banking system and debt limits at the Bank of the Philippine Islands on Thursday.

Mayor Klitschko of Kiev, Ukraine: There was an explosion in Kiev and a fire broke out in the eastern part of the city due to falling debris.

Market news: In the Emilia Romagna region of northern Italy, torrential rains caused rivers to overflow and flood entire communities and farmland, killing at least nine people.

Market news: Some citizens heard explosions in Kiev, the capital of Ukraine.

Market news: Samsung is considering setting up a research and development site in Japan to focus on the packaging field.

Market news: The Bank of Japan will provide 100 billion yen in liquidity through direct purchases of corporate bonds.

Australian three-year bond yields fell slightly after employment data missed expectations.

According to the Wall Street Journal: Florida Republican Governor Ron DeSantis will formally enter the 2024 US presidential race next week.

Sony: The time for the spin-off plan has not yet been determined, but it is expected to be implemented within 2-3 years.

Sony: Considering the spin-off of Sony Financial Group and holding about 20% of the shares of Sony Financial Group.

Market news: Micron will introduce EUV lithography technology to Japan and invest 500 billion yen in 1-Gamma process technology.

Japanese Prime Minister Fumio Kishida: The G7 Hiroshima Summit is at an unprecedented turning point for the international community.

Japanese Prime Minister Fumio Kishida: I hope to have frank discussions with world leaders in bilateral meetings and tripartite meetings between Japan, the United States and South Korea.

Yasutoshi Nishimura, Minister of Economy, Trade and Industry of Japan: Many chip companies have expressed interest in expanding cooperation and investment in Japan.