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2024-12-13 10:28:11

Institution: AUD/NZD may rebound in the coming months. Jane Foley, foreign exchange strategist of ABN amro, said in a report that AUD/NZD may rebound in the coming months, because the growth momentum of New Zealand's economy is far less than that of Australia. "The weakness of the New Zealand economy and the risk of further sharp interest rate cuts by the New Zealand Federal Reserve indicate that the fundamentals do not support the further performance of the New Zealand dollar against the Australian dollar." The New Zealand Federal Reserve cut interest rates by 50 basis points in November and hinted that it would cut interest rates further in 2025. The Reserve Bank of Australia kept interest rates unchanged on Tuesday. The Dutch cooperative bank predicts that the Australian dollar will rise from the current 1.0991 to 1.12 against the New Zealand dollar within three months.Aerial video shows that many Syrian warships were attacked by Israeli troops and emitted smoke. On December 10, local time, Syrian media released aerial video of Latakia port in northwest Syria. The video shows that many Syrian warships emitted smoke or sank during the Israeli attack.The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)


Swedish Finance Minister: I am sure Trump will take action on tariffs, but it is also a negotiation tool. I hope there won't be too much protectionism.Nasdaq once hit a record high in intraday trading, up 0.7%.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.


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.Brazilian President Lula is in good condition after surgery and can speak and eat. The surgical medical team of Brazilian President Lula said on the 10th that Lula is in good condition after surgery and can speak and eat normally without any sequelae. The medical team held a press conference at the headquarters of the Syrian-Lebanese Hospital in Sao Paulo that morning. Roberto ahmed khalil, a team doctor, said that Lula will stay in the intensive care unit for another 48 hours and is expected to return to the capital Brasilia early next week. Lula was taken to the hospital with a headache late at night on the 9th, and was transferred to Sao Paulo for surgery after detecting intracranial hemorrhage. The operation lasted about 2 hours. The medical report released by the hospital in the early morning of the 10th said that "the operation went smoothly". (Xinhua News Agency)Tesla (TSLA.O) rose more than 3%, and Morgan Stanley and Cantor Ftzgerald upgraded its rating.

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