Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.Citigroup: It is estimated that if the exchange rate of the Brazilian real against the US dollar reaches 6.05, Brazil's CPI is expected to rise by 4.8% in 2025.U.S. aviation stocks rose, while U.S. aviation stocks rose. Alaska Airlines (ALK.N) rose by 12%, American Airlines (AAL.O) rose by 3.8% and Boeing (BA.N) rose by about 3.1%. The Airline Association predicted that the overall profit and operating income of the industry would increase slightly in 2025.
Xiaomi responded to the first SUV:YU7 is undergoing a large-scale road test. Regarding the question of when Xiaomi YU7 can be bought, Xiaomi responded that Xiaomi YU7 is expected to be officially listed in June and July 2025, and is currently undergoing a large-scale road test, which will continue the same high-quality delivery of Xiaomi SU7. At the same time, generally, new cars will only be announced by the Ministry of Industry and Information Technology 1-2 months before listing. Why did Xiaomi YU7 announce it so early? Xiaomi said that it is to remove heavy camouflage as soon as possible and carry out more rigorous road test verification, such as the most accurate NVH verification, energy consumption test and comprehensive durability test. Ensure that Xiaomi YU7 undergoes a more comprehensive and detailed long-term large-scale test before it is officially launched.JPMorgan Chase Securities Co., Ltd. downgraded Samsung Electronics to neutral with a target price of 60,000 won. Jay Kwon, an analyst with JPMorgan Chase Securities Co., Ltd., was previously rated as over-allocated. The target price is 60,000 won, up by 11%.Spot palladium fell 2.00% in the day and is now reported at $954.75 per ounce.
Us department of defense: Guam missile defense system successfully shot down air-to-air medium-range missiles in the test.Poland will take over the rotating presidency of the European Union in the first half of 2025. On December 10th, local time, the Council of the European Union announced that Poland will take the rotating presidency of the Council of the European Union from January to June, 2025. On the same day, Polish Prime Minister Tusk said that the Russian-Ukrainian peace talks may begin this winter. Tusk said at the Polish government meeting, "The (EU rotating) presidency has a common responsibility for the direction of the political structure, and may also decide the situation during the (peace) negotiations. Although there are still doubts, peace talks may begin this winter. " (CCTV News)Prosus, the major shareholder of Tencent, repurchased 126.4 million euros of shares from December 2 to December 6.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide