Zhimeitong | International Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Amazon's first-quarter results fell short of expectations, and its stock price fell more than 10% after the market] Amazon announced its first quarterly loss since 2015. The results reflect a slump in e-commerce, rising costs due to inflation and supply chain woes, as well as market unease over Amazon-backed electric-vehicle startups. Amazon's first-quarter net sales were $116.40 billion, compared with analysts' expectations of $116.43 billion. Net sales of online stores in the first quarter were US$51.13 billion, compared with analysts' expectations of US$51.50 billion.

Reply to "Amazon Financial Report" in the background of the official account to view the full report

[US GDP fell by 1.4% in the first quarter of 2022, US media: the economy returns to reality] According to reports, the annualized growth rate of US GDP in the first quarter of 2022 is -1.4%, which marks the best performance of the US economy since 1984. A reversal occurs. According to US media, in the first three months of 2022, a number of factors will affect US economic growth, including surging epidemic cases, inflation soaring to the highest level since the early 1980s, and the economic stagnation caused by the conflict between Russia and Ukraine. Some comments said that in 2021, the US economy will grow by 6.9% in the fourth quarter and 5.7% in the whole year, which is the strongest annual growth value since 1984. However, after 2021, the U.S. economy returns to reality in early 2022.

[Amazon permanently lifts warehouse mobile phone ban: allowing employees to carry mobile phones at work] According to reports, Amazon will allow warehouse employees to carry mobile phones at work, no longer reinstate the ban temporarily lifted during the epidemic. "We found that employees want to carry cell phones in the warehouse, and the experience of the past two years has proved that we can ensure this safety," Amazon said in an email to employees, "so we will permanently enforce the temporary cell phone policy globally. , for all warehouses."

[Amazon's top sellers Cloudtail and Appario under raid by India's antitrust watchdog] India's antitrust watchdog on Thursday launched a raid on Amazon's top sellers Cloudtail and Appario, accusing them of violating India's Competition Act, according to reports. It is understood that India’s antitrust regulator has not clearly indicated what violations were committed by Cloudtail and Appario, and it is unclear the exact nature of the alleged violations that led to the raid, as details have not been made public and Amazon has not responded for the time being.

[Apple: Expand share repurchase program by $90 billion] Apple's board of directors authorized: Expand the scale of stock repurchase by $90 billion on the basis of the existing plan. Raised its quarterly dividend by 5% to $0.23 per share from $0.22 previously.

[Pinterest's first-quarter revenue beat expectations: strong push from retail advertising and international business] According to reports, the photo-sharing social platform Pinterest today announced its first-quarter 2022 results. The report showed that the company's first-quarter revenue and profit beat consensus estimates, helped by higher corporate ad spending. Pinterest shares also rose 9% in after-hours trading. Revenue rose 18% to $575 million in the first three months of the year, driven by strength in retail advertising and international operations. Analysts' average forecast for the figure was $572.5 million, according to the data.

[The probability of the Fed raising interest rates by 50 basis points in May is 97.1%] According to news, the probability of the Fed raising interest rates by 25 basis points in May is 2.9%, the probability of raising interest rates by 50 basis points is 97.1%, and the probability of raising interest rates by 75 basis points is 97.1%. The probability is 0%; the probability of a cumulative rate hike of 25 and 50 basis points by June is 0%, the probability of a cumulative rate hike of 75 basis points is 0.5%, and the probability of a cumulative rate hike of 100 basis points is 19.1%. The probability of 125 basis points is 80.4%, and the probability of a cumulative rate hike of 150 basis points is 0%.

[Financial website: The dollar is soaring, focusing on the FOMC meeting next week] In today's trading, the situation of the dollar is gradually improving. The two big things in the dollar's favor today are the yen's slump after the Bank of Japan maintained yield curve control; and the yuan's pullback. The dollar rose sharply across the board, with EUR/USD falling to a fresh five-year low of 1.0484, but technically there is little chance of a move towards 1.0400 for the next stage. Meanwhile, GBP/USD also fell to its lowest level since July 2020. The greenback also rose strongly against the Australian and New Zealand dollars. There's nothing to distract us ahead of next week's May 4th FOMC, and heading into month-end trading, it's all about the U.S. dollar.

[New York diesel futures hit an all-time intraday record] Diesel futures continued to climb, with ultra-low-sulfur diesel rallying a record, rising as much as 2.1% on Thursday local time, hitting the highest level since statistics began in 1986. The contract expires on Friday. Since the outbreak of the Russian-Ukrainian conflict, diesel has become the most in-demand fuel in the world. U.S. distillate inventories fell last week to 107 million barrels, the lowest since 2008.

[UK launches anti-dumping and anti-subsidy investigations on China's single-mode optical fiber cables] The British Trade Remedy Agency issued an announcement that in response to the application of the British company PRYSMIAN CABLES & SYSTEMS LIMITED, it will investigate the single-mode optical fiber cables originated in China (Single-mode Optical Fibre Cables) ) to initiate anti-dumping and countervailing investigations. The dumping and subsidy investigation period is from January 1, 2021 to December 31, 2021, and the damage investigation period is January 1, 2018 to December 31, 2021. The UK customs code for the product involved is 85447000.

[UK will delay import controls on EU goods until next year] The United Kingdom will postpone previously planned import controls on goods from the European Union as Russia's "special military operation" against Ukraine continues to disrupt supply chains. The change is expected to save UK importers at least £1bn a year. According to reports, the British government said in a statement that due to the disruption of the global energy crisis and the global epidemic, the government made the decision to postpone these measures until the end of next year. In addition, the UK will review these plans and revise them.

[UK starts work on reaching a new trade agreement with Switzerland] On the 28th local time, the British government announced that the UK started work on a new and strengthened trade agreement with Switzerland on the same day. The new strengthening agreement aims to break down barriers and promote two-way trade between Britain and Switzerland.

[Italy's average annual wage in 2022 may increase by 0.8%, and will lose 5% of purchasing power due to inflation] According to data, the average annual contract wage in Italy in 2022 will increase by 0.8% year-on-year. Growth in contract wages remains limited in the first quarter of 2022, the Italian National Institute for Statistics said. Inflation statistics for 2022 are 5.2%. Considering the contract duration currently followed, the mechanics of wage growth and continued inflationary pressures, Italian contract holders will lose nearly 5% of their purchasing power in 2022.

[Spanish House of Representatives approves economic plan to deal with Russia-Ukraine conflict] On April 28, local time, the Spanish House of Representatives voted to approve a series of economic measures in response to the Russia-Ukraine conflict, such as limiting rent price increases and implementing energy price subsidies. The House ultimately approved the plan with 176 votes in favor and 172 against, but the remaining parties can make appropriate changes to the plan.

[Google CEO: The reform of the global minimum tax rate will not slow down the pace of its investment in Ireland] Google CEO Sundar Pichai (Sundar Pichai) said on the 28th local time that the reform of the international tax system will not affect Google's business in Ireland. No impact," and the company will remain committed to investing in Ireland and increasing staff in its European hub. In October last year, 136 countries and jurisdictions had agreed to a reform of the international tax system, which will reshape the current international tax rules that have been in operation for nearly a century, and will impose at least 15% on large multinational corporations from 2023. Taxes, designed to ensure that multinational corporations' profits and taxing rights are distributed more equitably among countries.

[Investing 1 billion rubles in promotion, Ozon plans to hold a "Mega Sale" promotion to help sellers sell] Ozon plans to hold a "Mega Sale" promotion from June 20 to June 26, and invest 1 billion rubles to promote sellers The product. The promotion will cover all Internet users in Russia, and will increase the promotion of TV ads, Internet ads and social media ads to attract buyers and increase traffic.

Seasonal sales and general market promotions are usually not held during the big sale. Ozon plans that this big sale will drive sellers to increase sales by 2-3 times and add more than 15 million promotional products for buyers, with product discount rates of up to 30% %.

[Gazprom: Natural gas production will drop by 4% in 2022] According to sources, the vice president of Gazprom said that the company plans to produce 494.4 billion cubic meters of natural gas in 2022, compared with 514.8 billion cubic meters of natural gas in 2021. production, which will fall by 4% in 2022.

[Russian Ministry of Industry and Trade: Russian industrial production may decrease by 7% to 9% in 2022] According to reports, Russian Minister of Industry and Trade Denis Manturov is answering the question of "whether Russian industrial production will decline this year and how much will it be?" "We think it's possible, it's hard to say what percentage, but analysts think it's around 7-9%, but everything could change," Shi said. According to the data, Russia's industrial production will grow in 2021. up 5.3%.

[Euro-ruble exchange rate fell below 75 for the first time in two years] According to reports, after the Moscow Exchange opened, the euro-ruble exchange rate fell below 75 for the first time since March 2020. The dollar to the ruble was down 0.57% to 1:72.93.

[Poland plans to confiscate equipment from Russian energy companies to restore gas supply] The Polish Ministry of Internal Affairs and Administration said on April 28 local time that it had sent a motion to the Prime Minister's Office to require state-owned enterprises to take over the natural gas facilities of Russia's Novatek Green Energy Company. Novatek has stopped supplying gas to more than a dozen Polish towns after being sanctioned by Poland. Under a crisis law, Polish Gas Distribution Group (PSG) and Polish Petroleum and Natural Gas (PGNiG) have been asked to take over Novatek's infrastructure to restore gas supplies, according to the Deputy Minister of Internal Affairs and Administration.

[NATO Secretary-General says Finland and Sweden can join NATO quickly] On the 28th local time, NATO Secretary-General Stoltenberg said in a speech at the European Parliament that if Finland and Sweden decide to apply for NATO membership, NATO welcomes it and approves it. The procedure will be fast. Stoltenberg also said that NATO troops have had many joint trainings and exercises with the Finnish and Swedish militaries, and have cooperated many times in some previous operations. The governments of Finland and Sweden have previously said that a decision on whether to apply for NATO membership will be made as soon as early next month, and the two countries will act simultaneously.

[Oil and gas exports surged Qatar's trade surplus in March increased by 97% year-on-year] Data shows that due to the strong growth in exports of oil, gas and petrochemical products, Qatar's trade surplus in March this year reached 26.67 billion Qatari riyals (about 48.115 billion yuan). ), an increase of 97.8% over the same period last year and a 19% month-on-month increase over February this year. Among them, oil exports increased by 107% year-on-year, and natural gas exports increased by 50% year-on-year.

[Institutional analysis: Due to the dovish statement of the Bank of Japan, the increase of the US dollar expanded, affecting the foreign exchange market] The Bank of Japan issued a dovish statement, announcing that it would increase the operation of the purchase of fixed-rate government bonds, once again boosting the rising dollar and reducing the yen Pushed above key psychological levels, weighing on currencies in Asia and Europe. Both the Korean won and the Chinese yuan were under pressure, the offshore yuan fell more than 1% against the dollar, and the pound fell to a new low since July 2020. "The broad sell-off against Asian currencies on the back of a stronger dollar underscores how strong the sell-off against the yen has been in the market, with increased dollar purchases affecting rates against other currencies," said Mizuho Bank, chief market economist in Tokyo. "

[South Korea announced that it will provide liquefied natural gas reserves to Europe] According to reports, the South Korean Ministry of Industry, Trade and Energy said on the 27th that the South Korean government has decided to provide some of the liquefied natural gas (LNG) stored by the government to Europe, which is facing an energy crisis due to the conflict between Russia and Ukraine. South Korea's Ministry of Industry said that South Korea's domestic LNG supply is relatively stable at present, so the government has decided to provide some reserves for Europe without affecting domestic supply and gas prices. Earlier, the Russian energy company announced that it would cut off its supply because some European countries such as Poland and Bulgaria refused to use rubles to pay for natural gas to Russia.

[The heat wave has caused power shortages in many places in India and power plants are in a hurry to store coal] In the past two days, the temperature in many places in India has continued to rise. On the 28th local time, the maximum temperature in most parts of northern India exceeded 40 degrees Celsius. The demand for electricity has soared to an all-time high, and the problem of insufficient power supply has led to power curtailment measures in many places. There are electricity shortages in many places, and even half of the electricity demand at peak times cannot be met in severe places. Rapidly increasing electricity use has put enormous pressure on power plant coal, which generates about 70% of India's electricity. While the government insists there is enough coal to meet demand, coal inventories at power plants are at their lowest level in nine years before the summer due to the reduced ability to transport coal by rail.

Zhimeitong | Logistics Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[China Shipbuilding won the construction contract for 6 large-scale LNG carriers of 174,000 cubic meters] On April 28, local time, Hudong Zhonghua Shipbuilding (Group) Co., Ltd. and China Shipbuilding Industry Trading Co., Ltd., a subsidiary of China State Shipbuilding Corporation, as joint sellers, and On behalf of Nippon Yusen, the buyer signed a contract for the construction of 6 large-scale liquefied natural gas (LNG) carriers of 174,000 cubic meters. The total value of the 6 LNG carriers signed this time is more than 8 billion yuan.

[Hapag-Lloyd is equipped with real-time tracking equipment for all its standard containers] On April 26, Hapag-Lloyd announced on its official website that it will equip all its standard containers with real-time tracking equipment. According to reports, the devices are able to transmit data in real time from each container, making the supply chain more transparent and efficient. At the same time, these devices can also provide GPS-based location data, measure temperature, and monitor any "sudden shocks" to the container. In addition, to ensure the safety of crew, cargo and vessel, these devices are designed and certified to ATEX Zone 2 explosion protection standards. In the future, additional sensors can be added via Bluetooth.

[ONE's after-tax net profit in fiscal year 2021 exceeded US$16.7 billion, an increase of nearly 4 times] Ocean Network Shipping (ONE) announced its fiscal year 2021 (April 1, 2021 to March 31, 2022) performance report. During the reporting period, the operating income was approximately US$30.1 billion, a year-on-year increase of 109%; the net profit after tax was US$16.75 billion, a year-on-year increase of 381%; the EBITDA was US$18.28 billion, a year-on-year increase of 276%. Among them, in the fourth quarter of fiscal 2021, ONE achieved operating income of US$8.433 billion and net profit after tax of US$5.108 billion. ONE said that the main reason for the good performance in 2021 is that due to the booming supply and demand in the global transportation market, the freight rate in the spot market continues to rise.

[Baltic dry bulk index halts six-straight rise] The Baltic dry bulk index fell for the first time in seven sessions on Thursday, as rates for capesize vessels softened. The Baltic index for overall dry bulk fell 22 points, or 0.9%, to 2,403 after hitting a one-month high on Wednesday. The capesize index fell 77 points, or 3.5%, to 2,149. Average daily earnings for capesize vessels fell $639 to $17,821. The panamax index rose 10 points, or 0.3%, to 2,914. Average daily earnings for Panamax vessels rose $89 to $26,228. The Supramax index was flat at 2,736. The handysize index rose 8 points to 1582.

Zhimeitong | Domestic Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Ministry of Commerce: China-EU bilateral trade volume increased by 12.2% year-on-year in the first quarter] At the press conference of the Ministry of Commerce, spokesman Gao Feng said: China and the EU have extensive common interests and a solid foundation for cooperation, and their economies are highly complementary. In the first quarter of this year, the bilateral trade volume between China and the EU reached 205.87 billion US dollars, a year-on-year increase of 12.2%. Industrial integration between China and Europe continues to deepen. In the first quarter, China-EU trade in mechanical and electrical products, light industrial commodities and high-tech products increased by 10%, 19% and 31% respectively. China-EU trade in intermediate goods reached US$84.26 billion, accounting for 40.9% of China-EU trade.

Zhimeitong | E-commerce highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[eBay, Etsy and other six platforms jointly established the 1099-K Fair Alliance] According to news, recently, eBay and Etsy, Mercari, OfferUp, Poshmark, Reverb and Tradesy jointly established the 1099-K Fair Alliance. According to its website, the 1099-K Fair Alliance is committed to maintaining an accessible, fair and safe resale market for used and second-hand goods through online platforms, while empowering entrepreneurs and micro-enterprises with the ability to conduct business through online sales. The 1099-K Fairness Coalition's mission is to raise the bar for tax filing of sales in online marketplaces.

[Alibaba Group plans to expand Lazada business to Europe in the future] Alibaba Group plans to expand the business of its Southeast Asian e-commerce subsidiary Lazada (Lazada) into Europe, where growth slows down at home, people familiar with the matter said. Seeking to boost overseas business growth. It is understood that Ali has entered the European market through its global e-commerce platform AliExpress, which mainly targets consumers who want to buy products from Chinese manufacturers, such as smartphone accessories and clothing.

Last Morning Post: Amazon Reports Zhejiang Yiwu Fake Manufacturer; Facebook (Facebook) North American Daily Active Users Recover | Cross-border E-commerce Daily

This article is edited and organized by Zhimeitong Research Institute. The pictures and information are from the Internet, and the copyright belongs to the original author. This article does not represent that this subscription number agrees with its views and is responsible for its authenticity. Unauthorized reproduction, adaptation or creation of mirror images is not allowed. If you need to reprint, please leave a message in the background to apply and obtain authorization. The content of this article is for general discussion only and does not constitute any commercial or legal advice or services. The trademarks and pictures used or cited in this article, such as remarks, are from the Internet, and the copyright belongs to the original author and is not used for commercial purposes.