The yield of 10-year US Treasury bonds rose by more than 4 basis points. Investors were concerned about the rising oil price and the US Treasury's supply this week. At the end of new york on Monday (December 9), the yield of 10-year US benchmark treasury bonds rose by 4.44 basis points to 4.1973%, and the intraday trading was in the range of 4.1336%-4.1973%. The yield of two-year US bonds rose by 2.26 basis points to 4.1265%, and intraday trading was in the range of 4.0933%-4.1307%. The yield spread of three-month Treasury bonds /10-year US bonds rose by 4.684 basis points to -21.027 basis points. The yield spread of 02/10-year US bonds rose by 2.147 basis points to +6.867 basis points. The yield of US 10-year inflation-protected treasury bonds (TIPS) rose by 2.51 basis points to 1.9215%.Tenstorrent, an AI chip startup, plans to do business in Japan and design cutting-edge semiconductors. The company is also considering outsourcing semiconductor production to Japanese semiconductor manufacturer Rapidus.Many European countries suspended the acceptance of Syrian asylum applications. On the occasion of the drastic changes in Syria, many European governments announced on the 9 th that they would suspend the acceptance of Syrian citizens' asylum applications. According to media reports, countries that have announced the suspension of accepting applications include Germany, Austria, Britain, France, Belgium, the Netherlands, Switzerland, Denmark, Sweden, Norway and Italy. The Greek government is scheduled to meet on the 13th and then announce the final decision. Germany has now taken in nearly one million Syrians, the largest in Europe. Syria remains Germany's largest source of refugees this year. According to data from the German Federal Office for Migration and Refugees, as of the end of November, more than 72,000 asylum applications were received, of which more than 47,000 had not completed the approval process. The German government said that the suspension of the application will not affect those who have been approved to take refuge in Germany.
The China ETF rose more than 24% when the three indexes of US stocks collectively closed down three times, while the three indexes of US stocks collectively closed down, with the Dow down 0.54%, the Nasdaq down 0.62% and the S&P 500 down 0.61%. The Political Bureau of the Central Committee set the tone for economic work in 2025, releasing multiple positive signals. China ETF rose by more than 24% and Nasdaq China Jinlong Index rose by more than 8% when China Stock Exchange went on a collective carnival. The sudden change in the political situation in Syria pushed precious metals, and gold and silver mining stocks rose across the board. Cordelian Mining rose by more than 7% and Pan American Silver rose by more than 5%.Institution: The European Central Bank is expected to hint that interest rates will be further lowered after this week. Pioneer analyst Shaan Raithatha said in a report that the European Central Bank is expected to cut the deposit interest rate by 25 basis points to 3% this week, and hinted at further interest rate cuts at the meeting on Thursday. The senior economist said that this should reflect the softening growth prospects and the increasing possibility that inflation will weaken more than expected. He said that the ECB can choose not to mention the statement that "as long as it is necessary, the policy will be limited enough". Vanguard continues to predict that the European Central Bank will accelerate the pace of interest rate cuts in early 2025 and reduce the deposit interest rate to 1.75% by mid-2025, slightly lower than the neutral level.Saudi Arabia said that Israel's occupation of the buffer zone in the Golan showed its intention to "destroy Syria's chances of restoring security".
Murdoch, a media tycoon, failed in his attempt to change the family trust. Edmund Gorman, a court Commissioner in Nevada, USA, concluded in a ruling filed on Saturday that Rupert Murdoch should not change his family trust and concentrate the control of his media empire in the hands of his son Lachlan, and that Murdoch showed "malice" in his efforts to modify the irrevocable trust. At present, the trust plan will distribute the control of the company to Rupert Murdoch's four children, Lackland, James, Elizabeth and Prudence, equally after his death.The data of VAT invoice shows that the development momentum of "two new products" is good, and the effect of replacing old products with new ones is steadily promoted. The data of VAT invoice shows that in November, the amount of machinery and equipment purchased by enterprises nationwide increased by 4.5% year-on-year. Cumulatively, from January to November, it increased by 6.1% year-on-year, which was 4.2 percentage points faster than the overall purchase amount of enterprises nationwide. Especially in key areas, the effect is obvious, for example, the equipment procurement of industrial enterprises has grown steadily. From January to November, the amount of machinery and equipment purchased by industrial enterprises increased by 5.1% year on year. Among them, the amount of machinery and equipment purchased by manufacturing, electric hot gas and water production and supply industries increased by 5.2% and 5.5% respectively year-on-year, which was higher than the overall growth rate of industrial procurement equipment. For another example, the equipment in business, information and technology industries is updated rapidly. From January to November, the amount of machinery and equipment purchased by modern service industries such as leasing business services, information technology services and scientific research and technology services increased by 10.4%, 16.6% and 19.6% respectively year-on-year, which were significantly higher than the overall growth rate of equipment purchased by enterprises nationwide, reflecting the accelerated development of industries related to new quality productivity. According to the data of VAT invoice, from January to November, the retail sales revenue of household audio-visual equipment such as televisions and household appliances such as refrigerators increased by 15.9% and 18.7% year-on-year, respectively, which was 11.4 and 14.2 percentage points higher than the overall growth rate of retail industry, especially driven by the "Double Eleven" promotion, which increased by 28.8% and 74.4% year-on-year in November. On the other hand, the overall sales of furniture products are improving. According to the data of VAT invoice, from January to November, the sales revenue of furniture retail industry and sanitary ware retail industry increased by 16.8% and 12.5% respectively, which was 12.3 and 8 percentage points higher than the overall growth rate of retail industry, and it showed a rapid growth trend in November, increasing by 36% and 18.8% respectively. (State Taxation Administration of The People's Republic of China)Xu Ji Electric: It is estimated that China Southern Power Grid will win the bid of 468 million yuan. Xu Ji Electric announced that the company is expected to win the bid for the special bidding project of DC main equipment of Guangdong 220 kV Tianhe Tangxia Flexible Straight Back-to-Back Project of China Southern Power Grid, with the amount of about 468 million yuan. This project mainly embeds flexible DC in urban power supply area to realize flexible interconnection technology and improve the flexibility and security of urban power grid. After winning the bid and signing the contract, the performance of the contract will have a positive impact on the future operation of the company but will not affect the independence of the company's business. The flexible DC converter valve products developed by the company based on 6.5kV IGCT devices will be applied in this project, which is the first engineering application in the field of high voltage DC. At present, the project is still in the publicity stage of the winning candidate, and the company has not received the notice of winning the bid.
Strategy guide
12-13
Strategy guide 12-13