（2）化工板块景气度与投资机会：明确看好2026年石化行业景气度反转，核心逻辑为美联储降息将带动全球经济共振。目前行业仅少部分品种通过联合减产实现了改善，整体景气度反转尚未全面发生，但当前股价已有所上涨，一定程度反映了市场预期。后续需关注两个关键节点：一是3月下旬的春季躁动行情，二是4-5月后全球经济共振的实际表现，叠加油价的催化作用，对化工中游板块依旧保持乐观态度。上游领域具备较大弹性，因油价走势彻底扭转了此前市场对油价的悲观预期——2025年近9成买方及多数卖方均看空油价，当前市场预期正逐步修复；上游成长型公司如中脉、洲际等体量较小，在预期修复过程中弹性突出。国内标的方面，宝丰能源、民营大炼化等公司虽已有所上涨，但后续仍有上涨空间。此外，各品种因联合减产，价差较12月已有不小改善，预计三四月份行业景气度提升后，其价差改善的空间依然存在。
Portugal has been fined €10m (£8.7m) by the EU’s court of justice for failing to comply with environmental laws that require it to protect biodiversity. It has also been ordered to pay €41,250 a day until it complies with a previous court order in 2019.，推荐阅读旺商聊官方下载获取更多信息
On multiple occasions after President Trump launched a massive air campaign against Iran this past weekend, retaliatory attacks by simply constructed Iranian drones have penetrated American defenses with serious results. For example, at least six U.S. soldiers died, and others were wounded, in an Iranian strike Sunday on a command facility in Kuwait. CNN reported that the Americans received no warning of the incoming drone. According to CBS News, the fortifications around the facility protected it from car bombs but not from a direct overhead strike. “We basically had no drone defeat capability,” an unnamed military official told the network.，推荐阅读clash下载 - clash官方网站获取更多信息
Follow topics & set alerts with myFT