Kelvinpek
2022-03-27

It was a brilliant move, linked directly to oil, and the ruble strengthened. It's the same reason the dollar has an oil anchor. And if future energy deals with Europe are settled in rubles, Europe is in a bind. Europe's reserves of rubles must be small, and to obtain them you must either buy them from the Russian central bank at a price that Russia can dictate. Or trade with Russia for roubles. But now the sanctions are not possible, unless it is unblocked. On the other hand, ruble settlement is equivalent to breaking the SWIFT blockade, and we recommended the potential stocks on Tuesday: Aluminum Corporation of China (02600.HK) is one of the beneficiaries, of course, rusal (00486.HK) rose more than 14 points today is the logic.

Russia is throwing back sanctions, which depends on whether Europe can withstand it. Europe has a way of buying from the US. Jake Sullivan, us national security adviser, said on Thursday that an agreement could be announced as early as Friday. The deal is aimed at securing U.S. supplies of natural gas and hydrogen energy to Europe, according to an official familiar with the matter. In a summit draft seen by the media, EU leaders will agree to "jointly purchase gas, LIQUEFIED natural gas and hydrogen" by next winter and co-ordinate measures to fill gas stocks. It can be seen that the distant water does not understand the near thirst, to next year. How to spend it now is the biggest problem. It is estimated that if the rouble is not purchased, it can only be a matter of austerity, and it can only be replaced by traditional energy sources such as coal. Therefore yankuang Energy (01171), China Shenhua (01088) this will continue to hi.

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Comments

  • YTGIRL
    2022-03-27
    YTGIRL
    I like Chinese stocks, they are on a very good trend.
  • glimmzy
    2022-03-27
    glimmzy
    I have seen a huge rise in this stock in rusal a few days ago, is it still a good time to buy?
  • tinkie
    2022-03-27
    tinkie
    I think you have a point and I am also bullish on Aluminum Corporation of China as a stock.
  • EdwardHughes
    2022-03-27
    EdwardHughes
    Chinese is still one of the most valuable markets in the world.
  • Meet0
    2022-03-27
    Meet0
    I believe I can earn a lot of money in Chinese stocks.
  • fluffik
    2022-03-27
    fluffik
    China Shenhua is a very good company, but its share price is moving in a very average way.
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