Xintian Green Energy: In November, the power generation was 1,335,500 MWh according to the consolidated statement, down by 18.44% year-on-year. According to the company's preliminary statistics, in November 2024, the Company and its subsidiaries completed the power generation of 1,335,500 MWh according to the consolidated statement, down by 18.44% year-on-year. By November 30, 2024, the cumulative power generation was 12.3745 million MWh, a year-on-year decrease of 3.34%.Spokesman of the European Commission: It was confirmed that an information inquiry was sent to Alphabet(GOOG.O) on September 18th, and the Commission is currently evaluating the company's reply to decide the possible next steps.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)
Market news: Russia resumes passenger railway traffic with North Korea.Apollo's flagship private equity fund aims to raise $25 billion.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.
Liu Jianchao met with the Pakistan Mu Meng (Xie) delegation. On December 10th, Liu Jianchao, Minister of the International Liaison Department of the CPC Central Committee, met with the Mu Meng (Xie) delegation led by Mariam, Senior Vice Chairman of Pakistan Muslim League (Sharif) and Chief Minister of Punjab Province. The two sides exchanged views on implementing the consensus of the leaders of the two countries, strengthening inter-party and local exchanges and cooperation, and promoting the construction of a closer community of destiny between China and Pakistan in the new era. (Xinhua News Agency)The US dollar index rose on the 9th. The US dollar index, which measures the US dollar against six major currencies, rose by 0.09% that day and closed at 106.147 in the foreign exchange market. As of the end of the new york foreign exchange market, 1 euro was exchanged for 1.0555 US dollars, which was the same as the previous trading day; One pound was exchanged for $1.2753, higher than $1.2735 in the previous trading day. One dollar was exchanged for 151.24 yen, higher than 149.97 yen in the previous trading day; One dollar was exchanged for 0.8787 Swiss francs, which was lower than 0.8789 Swiss francs in the previous trading day; 1 dollar to 1.4159 Canadian dollars, the same as the previous trading day; One dollar was exchanged for SEK 10.9181, down from SEK 10.9459 in the previous trading day.SOMO, Iraq's national oil marketing organization: Iraq set the official selling price of Basra Intermediate crude oil sold to Asia in January at a discount of $0.60/barrel compared with the average price of Oman/Dubai.