Ukraine's national natural gas transportation company said that on December 10th, Russia nominated 42.34 million cubic meters of natural gas at Sudan border crossing, compared with 42.31 million cubic meters on December 9th.The 10-year yield of US debt rose by 1.01% to 4.191.Interpretation of the Political Bureau Meeting in December by CITIC Securities: It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. CITIC Securities Research Report pointed out that a new round of policy starting guns will be fired, and the policy inflection point will be reconfirmed, making it clear that the macro policy will be strengthened and effective in 2025. From the perspective of fiscal policy, the meeting called for the implementation of a "more active fiscal policy" and enriched the policy toolbox, which may indicate that in 2025, both deficit ratio in a narrow sense and deficit ratio in a broad sense will be significantly improved, and the focus of policy development is also expected to be marginal in the field of people's livelihood consumption. From the perspective of monetary policy, this Politburo meeting calls for the implementation of a moderately loose monetary policy. This is the first time that China has implemented a moderately loose monetary policy after 2010. It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. From the perspective of domestic demand policy, the statement of expanding domestic demand in an all-round way, especially "vigorously boosting consumption", exceeds market expectations. With the support of the existing policies coming into effect and the policy of increasing domestic demand, the improvement of domestic demand may have strong certainty and sustainability. In addition, in terms of structural policies, on the one hand, the meeting clearly stated that it is necessary to "stabilize the property market and the stock market", and the importance of the stock market continues to be highlighted, and real estate is still in the policy landing period; On the other hand, the meeting emphasized that "scientific and technological innovation leads the development of new quality productive forces", and new industries and future industries are expected to receive further policy support.
Societe Generale predicts that the S&P 500 will reach 6750 by the end of 2025.Yiwu, Zhejiang Province paid a premium of 55%, and the unit price of a residential land was 10,286 yuan. Yiwu, which is under the jurisdiction of Jinhua City, Zhejiang Province, sold a residential land on December 9. The plot is located in the southeast of the intersection of Futian Road and Datong Road, Futian Street, Yiwu City. The land use is urban residential land, commercial and financial land and commercial land. The construction land area is 24,009.03 square meters, the planned construction area is 55,220.77 square meters, and the floor area ratio is 2.3. The starting price is about 366 million yuan, and the starting floor price is 6,628 yuan/square meter. After 161 rounds of bidding, the plot was finally won by Yiwu Xinsheng Real Estate Development Co., Ltd., a local private enterprise in Jinhua, Zhejiang New Era Real Estate Group Co., Ltd., with a total price of 568 million yuan, with a floor price of 10,286 yuan/square meter and a premium rate of 55.19%.Ramsden, Deputy Governor of the Bank of England: The repricing of the national debt after the budget is indeed very orderly.
Zelensky said that it is "meaningless" to discuss with Trump about inviting Ukraine to join NATO. What he said now is not counted. According to a report in Russia Today (RT) on the 9th, Ukrainian President Zelensky said that it is "meaningless" to discuss with US President-elect Trump about inviting Ukraine to join NATO. What he said now is not counted. According to the report, Zelensky said that Trump has not yet entered the White House, so what he said now is not counted. In addition, Zelensky added, "If I have the opportunity to communicate with President Biden and ask him to join NATO, I will call him as soon as possible." (World Wide Web)Market News: Australia and Nauru have reached an $89 million security and economic treaty.The operating rate of Russian refineries increased because the ban was lifted and gasoline exports resumed.
Strategy guide
12-13
Strategy guide
12-13