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2024-12-13 04:31:06

Suresh Gopi, Minister of Primary Oil of India, sent a letter to Parliament: It is estimated that India's refining capacity will increase by 309.5 million tons by 2028. One goal of the government is to achieve 20% ethanol in gasoline supply by 2025 and 5% biofuel in diesel supply by 2030.The yield of European sovereign bonds was generally stable on the second day of non-farming, and the yield of 10-year German bonds rose by more than 1 basis point. At the end of the European market on Monday (December 9), the yield of German 10-year government bonds rose by 1.3 basis points to 2.121%, and the intraday trading was in the range of 2.091%-2.122%. The yield of two-year German bonds fell by 0.3 basis points to 1.998%, and intraday trading was in the range of 2.017%-1.973%. The yield spread of 2/10-year German bonds rose by 1.795 basis points to +12.102 basis points. The yield of British 10-year government bonds fell by 0.5 basis points, and the yield of two-year British bonds fell by 1.3 basis points; The yield spread of 2/10-year British bonds rose by 0.801 basis points to +2.109 basis points. France's 10-year bond yields fell by 0.2 basis points, Italy's 10-year bond yields rose by 0.4 basis points, Spain's 10-year bond yields rose by 0.2 basis points, and Greece's 10-year bond yields were roughly flat.Federal Reserve Bank of new york: Respondents expect the interest rate of savings accounts to rise next year. In November, their views on the current household financial situation remained stable, and respondents significantly lowered their expectations for the future level of government lending. Respondents believe that the risk of not being able to repay debts is declining, and respondents expect that the financial situation will improve in the coming year, which is the highest level since February 2020.


Reeves, British Chancellor of the Exchequer: Negotiations on resetting relations with the EU will be launched in 2025.Turkish President Erdogan: Turkey has always been a safe haven for Syrians fleeing the war.The random shooting incident in Damascus, the capital of Syria, has killed 28 people. It was learned on the 9th local time that the random shooting incident in Damascus, the capital of Syria, the previous day had killed 28 people. (CCTV)


Analysts such as Max Layton of Citigroup predicted in the global commodity outlook in 2025 that there would be a "substantial oversupply" of 1.5 million barrels per day in the second quarter of 2025. The average price of Brent crude oil may be $60/barrel in 2025, and it may be the same level in 2026.French Ministry of Interior: Measures are being taken to suspend Syrian asylum applications after the fall of Assad. We should be able to make a decision in the next few hours.Pimco tends to reduce its holdings of longer-term US Treasury bonds. The main reason is the rising deficit. Marc Seidner and Pramol Dhawan, managing directors of Pimco, wrote in a report on Monday that they have been "reducing the allocation of longer-term bonds" and prefer short-term US Treasury bonds. As the size of US Treasury bonds soared from $17 trillion before the outbreak to nearly $29 trillion, the concern about the increase in the yield of long-term treasury bonds caused by the increase in US debt has become a flash point in the market. What investors are most worried about is the recurrence of the phenomenon of "bond self-defense forces" in the 1980s and early 1990s, that is, some bondholders aggressively sold US Treasury bonds because of the huge government financial expenditure. Seidner and Dhawan wrote, "It is difficult to predict the sudden reaction of the market to long-term trends. No organized self-defense force is prepared to take action on a specific debt threshold, and changes in investor behavior usually occur over time. " Pimco said that in view of the sustainability of US debt and the impact of potential inflation catalysts on the labor force, the institution hesitated to buy long-term debt.

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