Biden's administration is striving to ensure a ceasefire in Gaza before January 20th. CNN quoted people familiar with the matter as saying that the administration led by US President Biden is "working increasingly closely" with officials of the new administration to achieve a ceasefire in Gaza before Trump is sworn in on January 20th.Brazil said that Brazilian Vice President Alkmin will take over the presidency when President Lula recovers from craniotomy.Dutch International: It is a foregone conclusion that the European Central Bank will cut interest rates by 25bp, and the euro should face another decline. Frantisek Taborsky, an international analyst in the Netherlands, said in a report that the euro may face a new round of decline after a short respite due to position adjustment in recent days. "However, to see more actions here, we must wait until the meeting of the European Central Bank on Thursday, when it should show the next direction." At the meeting of the European Central Bank, it seems a foregone conclusion to cut interest rates by 25 basis points. However, Taborsky said that the press conference may lead to discussions on further interest rate cuts later, which may put pressure on the euro.
The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)Brazil said that Brazilian Vice President Alkmin will take over the presidency when President Lula recovers from craniotomy.About 310 times in 48 hours, the Israeli army launched the "most violent" air strikes against Syria. On December 10, local time, Israel intensively attacked Syria for the second consecutive day. On the same day, the website of Syrian Human Rights Watch, headquartered in Britain, released a message saying that in the past two days, Israel launched about 310 air strikes against Syria, destroying a large number of important military facilities in Syria. The analysis believes that the Israeli army is trying to use the current chaos in Syria to "demilitarize" it and remove any "hardware" that may pose a threat to Israel. (CCTV News)
Industrial integration has injected new vitality, and the activity of mergers and acquisitions has increased. The data shows that since the beginning of this year, a total of 132 A-share companies have issued announcements related to mergers and acquisitions, compared with 82 in the same period last year. Among them, since the release of "Six Articles on Mergers and Acquisitions", nearly 50 listed companies have issued relevant announcements on mergers and acquisitions, and the process of mergers and acquisitions of listed companies has accelerated. Experts said that under the impetus of policies, the activity of mergers and acquisitions has been significantly improved, and industrial integration has become the main logic of mergers and acquisitions. Listed companies can seize the favorable opportunity of capital operation to promote mergers and acquisitions, which can quickly broaden their business fields, enrich their product matrix and achieve greater and stronger results.Market news: South Korean minister asked the opposition party not to impeach officials to prevent a government vacuum.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.