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.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.Whirlpool: The rolling P/E ratio of the company is higher than that of the industry. Whirlpool issued a warning announcement on the risk of stock trading. As of December 10, 2024, the closing price of the company's stock was 12.91 yuan, with a rolling P/E ratio of 82.42 times. According to the data published on the website of China Securities Index Co., Ltd., the industry classification of the company belongs to the CSRC is "C38 Electrical Machinery and Equipment Manufacturing Industry", and the latest rolling P/E ratio is 21.00 times. The rolling P/E ratio of the company is higher than that of the industry, so investors are advised to pay attention to investment risks.
The "Huawei Sharing" function of Pure Blood HarmonyOS system supports the characteristics of multi-group sending. On December 10th, Huawei officially released the "Native Interconnection" video of HarmonyOS NEXT system, and introduced the collaborative interaction of multiple devices under the "Pure Blood HarmonyOS" system, including cross-device interoperability scanning, cross-device interoperability gallery, cross-device clipboard, audio and video projection, Huawei sharing and so on. According to the official description, HarmonyOS NEXT system can quickly share files between Huawei mobile phones without data cable, and also supports multi-group sending.SOMO, Iraq's national oil marketing organization: Iraq set the official selling price of Basra Intermediate crude oil to North America and South America in January 2024 at-1.5 USD per barrel (lower than ASCI price).Chengyu, Sichuan: Qionglai South Toll Station of Tianqiong Expressway was officially completed and opened to traffic. On December 10th, Qionglai South Toll Station, the largest toll station along Tianqiong Expressway under Sichuan Chengyu Expressway Co., Ltd., was officially completed and opened to traffic. (China Securities Network)
Market information: Rupert Murdoch, the news media tycoon, failed to change the family trust.Three national cultural big data group standards were released, and the Cultural Big Data Industry Committee of China Public Relations Association (referred to as the "Special Committee") recently released three national cultural big data group standards to improve the national cultural big data standard system. The three standards released this time are: "Technical Requirements for Cultural Data Service Platform Part 2: Cultural Data Confirmation System", which specifies the architecture, functional requirements and interface standards of the confirmation system in the cloud cultural data service platform; Technical Requirements for Cultural Data Service Platform Part 6: Cultural Data Management System, which specifies the functional architecture, detailed functional requirements, interface standards and security requirements of the data management system in the national cultural big data service platform; Technical Requirements for Digital Recording of Stage Art Performances Part 1: General Requirements, which specifies the personnel organization, implementation process, equipment requirements, process requirements and quality standards for digital recording of stage art performances. (SSE)When asked who is in charge of South Korea, the South Korean President's Office stated that "there is no official position to provide".
Strategy guide
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Strategy guide
12-13