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2024-12-13 04:39:35

Xinhua Viewpoint: "Changing the expression of monetary policy from' prudent' to' moderately loose' means that China continues to adhere to a supportive monetary policy stance. In the early morning of December 10th, Xinhuanet published an article" Xinhua Viewpoint: Looking at the New Trends of Economic Work in 2025 from Politburo meeting of the Chinese Communist Party ",pointing out that at present, China's development is facing many uncertainties and challenges. To do a good job in economic work next year, we must strengthen our confidence in winning. Further comprehensively deepen reform, open wider to the outside world at a high level, implement more active and promising macro policies, expand domestic demand and stabilize the property market and stock market ... Politburo meeting of the Chinese Communist Party has made a series of important arrangements for economic work next year. The expression "moderately loose monetary policy" at the meeting attracted people's attention. "The expression of monetary policy has changed from' steady' to' moderately loose', which means that China will continue to adhere to a supportive monetary policy stance, maintain a reasonable and abundant liquidity, further reduce the comprehensive financing costs of enterprises and residents, and create a good monetary and financial environment for promoting sustained economic recovery." Wen Bin, chief economist of China Minsheng Bank, said that it was more than 10 years before China's monetary policy was "moderately loose". Judging from the actual operation, monetary policy is flexible and moderate in implementation. Since the beginning of this year, the market generally feels that China's monetary policy has been in a stable and slightly loose state.Russia said that the fight against the Ukrainian fuel depot destroyed the Russian drone control station. The Russian Ministry of National Defense announced on the 9 th that the Russian air defense system intercepted 10 "Haimas" rockets in the past day, shot down 36 drones, and attacked the Ukrainian army. A drone assembly plant and fuel storage depot were hit. The General Staff of the Ukrainian Armed Forces announced today that the Ukrainian air force, missile units and artillery units have attacked a Russian military personnel and weapons concentration area and two UAV ground control stations. In the past day, the Ukrainian army destroyed 18 armored combat vehicles, 3 artillery pieces, 22 tactical drones, 24 cars and 1 special equipment.The yield of European sovereign bonds was generally stable on the second day of non-farming, and the yield of 10-year German bonds rose by more than 1 basis point. At the end of the European market on Monday (December 9), the yield of German 10-year government bonds rose by 1.3 basis points to 2.121%, and the intraday trading was in the range of 2.091%-2.122%. The yield of two-year German bonds fell by 0.3 basis points to 1.998%, and intraday trading was in the range of 2.017%-1.973%. The yield spread of 2/10-year German bonds rose by 1.795 basis points to +12.102 basis points. The yield of British 10-year government bonds fell by 0.5 basis points, and the yield of two-year British bonds fell by 1.3 basis points; The yield spread of 2/10-year British bonds rose by 0.801 basis points to +2.109 basis points. France's 10-year bond yields fell by 0.2 basis points, Italy's 10-year bond yields rose by 0.4 basis points, Spain's 10-year bond yields rose by 0.2 basis points, and Greece's 10-year bond yields were roughly flat.


UN Secretary-General Guterres strongly condemned the continued gang violence in Haiti and called on the Haitian authorities to conduct a thorough investigation.The US Treasury auctioned three-month treasury bonds, and the winning interest rate was 4.300% (4.400% reported on December 2), and the bid multiple was 2.89 (2.89 in the previous time). Auction of six-month treasury bonds, the winning interest rate is 4.200% (reported on December 2, 4.305%), and the bid multiple is 2.90 (the previous one was 3.02).T-MOBILE said that "investors should be cautious" about its fourth-quarter results.


Governor of the Turkish Central Bank: The prudent monetary policy stance of the Turkish Central Bank has had a positive impact on foreign exchange reserves, and the anti-inflation process continues.Turkish Foreign Minister and UN Secretary-General discussed the situation in Syria and the region by telephone. Turkish diplomatic sources said on December 9 local time that Turkish Foreign Minister Feidan had a telephone conversation with UN Secretary-General Guterres that day. During the talks, the two sides discussed the latest situation in Syria and the region, focusing on how the international community, especially the United Nations, can ensure a smooth political transition in Syria and what measures can be taken in providing humanitarian assistance and reconstruction. (CCTV)Italian Ministry of Finance: Up to 8.5 billion euros of bonds will be auctioned on December 12th, and the bond auction scheduled for December 30th and 31st will be cancelled.

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