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09:02
Oppenheimer raises Albemarle’s target price to $222
Glonghui, April 14 — Oppenheimer raised the target price of Albemarle in the US from $216 to $222, maintaining an "outperform" rating.
08:56
The Iran war impacts energy prices, while Germany's explosive solar growth will help Europe save gas for the winter.
```htmlGolden Ten Data reported on April 14 that this summer, solar power generation in Germany is expected to increase significantly, helping to mitigate the impact of the Iran conflict on Europe and reducing the need for LNG imports. Data shows that from April to September, Germany's average solar power generation will reach around 16.5 GW, up 31% year-on-year, while demand for gas-fired electricity during the same period will drop approximately 29%, which is equivalent to saving about nine shipments of LNG. The number of solar panels in Germany will rise by 15% this year, driving a solar boom and easing the competition between European and Asian buyers caused by higher gas prices from Middle East tensions. As Europe replenishes its storage facilities ahead of winter, additional renewable energy will also provide a buffer. Data also indicates that in July, Germany's gas-fired power generation is expected to fall to a low of about 2.5 GW; coal power, although still significant, is projected to decline by about 63% between April and September, to around 3.2 GW.```
08:56
Oil prices fall as hopes rise for US-Iran negotiations; UK government bond yields decline
As the expectation of renewed US-Iran negotiations led to a decline in oil prices and eased inflation concerns, the yield on the UK 10-year government bond fell to 4.77%.Both Brent crude and WTI crude prices dropped below $100 per barrel, following reports that the US and Iran might hold further talks before the two-week ceasefire agreement expires.The recent surge in energy costs had previously prompted the market to anticipate nearly two rate hikes by the Bank of England before the end of 2026.Additionally, data showed that UK same-store retail sales rose by 3.1% in March, mainly driven by a 6.2% increase in food sales as consumers stocked up ahead of the Easter holiday.
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