US Central Command: The US military repelled the Houthi armed attack. On December 10, local time, the US Central Command said that two destroyers of the US Navy successfully repelled a series of weapons launched by the Houthi armed forces in Yemen when they crossed the Gulf of Aden from September 9 to 10. According to the statement, the destroyer intercepted and shot down several one-way attack drone systems and an anti-ship cruise missile. According to the US Central Command, the US Navy destroyer successfully repelled the Houthi armed attack during the transit from November 30 to December 1. (CCTV)Japanese Reuters's short-term non-manufacturing boom judgment index in December is 30, with the previous value of 19; Reuters's short-term judgment index of manufacturing prosperity in December was -1, with the previous value of 5.The "Debt Bull" was launched, and a number of treasury bonds futures reached new highs. According to the analysis, the downward trend of broad-spectrum interest rates is expected to continue to support the bull market in the bond market. On December 10, 30-year, 10-year, 5-year and 2-year treasury bonds futures all hit record highs. Looking at it for a long time, since the beginning of this year, 30-year treasury bond futures have risen by nearly 16%, 10-year treasury bond futures have risen by over 5%, and 5-year treasury bond futures have risen by over 3%. Analysts pointed out that the logic of broad-spectrum interest rate downward has run through the whole year of 2024, and it is expected to continue to form an important support for the bond market in the long run. The recent market strength is not only an emotional effect at the end of the year and the beginning of the year, but also a blocking point to dredge and guide the overall downward trend of interest rates. Shen Wanhongyuan believes that in the short term, profit-taking behavior may increase after the low interest rate, but this is not the core factor that dominates the market. Shen Wanhongyuan said that the rate cut of policy interest rate in 2025 may not be less than 30 basis points. After the deployment of relevant important meetings at the end of the year, specific policies may be gradually implemented in the first quarter of next year. According to Huaxi Securities, looking forward to 2025, the rate of single RRR cut and interest rate cut of monetary policy may not be less than 50 basis points and 20 basis points (the rate in 2024). (Securities Times)
The Iraqi Prime Minister met with the commander of the US Central Command to discuss the situation in Syria and other issues. The Iraqi Prime Minister and Commander-in-Chief of the Armed Forces Sudani met with the commander of the US Central Command, michael curry Al-Ra, in Baghdad on December 10th. During the talks, the two sides discussed the cooperation and coordination between Iraq and the League of Nations in the fight against terrorism and extremism. Sudani emphasized that Iraq is an important member of the "League of Nations" and is committed to cooperating with the League to jointly crack down on and track down terrorist organizations in order to safeguard regional security and stability. Curilla emphasized that the League of Nations promised to support Iraq in safeguarding its security and sovereignty and resisting any terrorist threat. The two sides also discussed the latest progress of the situation in Syria and its lasting impact on the region. Sudani said that the Syrian people's free choice should be respected, and Iraq is willing to help the Syrian people in the current transitional stage. (CCTV)Bank for International Settlements: The biggest threat to global stability is the debt carnival of governments. The Bank for International Settlements (BIS) said that the biggest threat to world economic stability is the government's borrowing habits, and the recent changes in market sentiment should be vigilant. Claudio Borio, a senior official of BIS, said in his quarterly report that priority should be given to repairing public finances before the panic of bond investors spreads. "The global financial outlook is still very worrying," said the retiring head of the BIS monetary and economic department. "The trajectory of government debt poses the most serious threat to macroeconomic and financial stability."General Motors (GM): The unmanned business Cruise and GM Technical team will be merged, and the plan is expected to be completed in the first half of 2025.
US Department of Defense: the State Council approved the sale of vehicle maintenance equipment to Kuwait, with an estimated value of $300 million.Argentine President Millai: Argentina's economy will grow in 2025 and inflation will decline.CEO of Ferrari: We have seen opportunities in different countries, but we need to grow at the right speed. We still plan to launch (the first) electric vehicles in 2025.