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Golden Ten Data reported on April 21 that French Finance Minister Bruno Le Maire stated on Tuesday that the economic impact of the Iran crisis has already cost France between 4 billion and 6 billion euros (approximately 4.7 billion US dollars). The government is currently developing new aid measures and has frozen certain expenditures. Since the outbreak of conflict in the Middle East, bond yields have risen sharply, and this increase in government borrowing costs alone has added 3.6 billion euros in extra budget expenditure. The French government has pledged to fully offset the budgetary impact of measures aimed at helping households cope with energy price shocks caused by the conflict. Le Maire said he would outline plans to freeze some spending at a meeting with lawmakers on Tuesday, emphasizing that the government will not implement sweeping budget cuts. He added that the Prime Minister would announce new measures on Tuesday evening to help consumers deal with higher energy prices, with particular attention to those who rely on vehicles for their work.

Onshore RMB against USD closed at 6.8165 on April 21 at 16:30, an increase of 30 points compared to the previous trading day.

According to Golden Ten Data on April 21, the Bank of Japan stated in its semi-annual Financial System Report on Tuesday that overseas hedge funds appear to have increased their arbitrage trading, which could heighten the risk of overseas shocks having a greater impact on Japan's financial markets. In addition, the report pointed out that given risk factors such as potential price corrections in high-risk assets like AI-related stocks, or the further escalation of the Iran conflict, it is necessary to closely monitor the developments of targeted hedge funds.