Precious metal futures continued to fall, and the main contract of Shanghai Bank fell by nearly 2%, and it is now reported at 7798 yuan/kg; The main contract of Shanghai Gold fell by nearly 1% and is now reported at 623.08 yuan/gram.The yield of 2/10-year German bonds rose by about 8 basis points at most. At the end of the European market on Thursday (December 12), the yield of German 10-year government bonds rose by 7.8 basis points to 2.205%, which was in a rising state for most of the day. It was as low as 2.123% at 21:56 Beijing time (shortly after the press conference of European Central Bank President Lagarde began, before the US stock market closed), and then rebounded. The yield of two-year German bonds rose by 7.3 basis points, reaching a new high of 2.204%, which was 1.915% lower than the new low of 21:43 (after the European Central Bank announced the third interest rate cut in the year, after the release of American PPI and before the start of Lagarde's press conference). The yield of 30-year German bonds rose by 6.9 basis points to 2.445%, which was on the rise all day. The yield spread of 2/10-year German bonds rose by 0.838 basis points to +18.116 basis points, and rose to +20.614 basis points at 21:43. British 10-year bond yields rose by 4.6 basis points, and two-year British bond yields rose by 2.3 basis points. The yield spread of 2/10-year British bonds rose by 2.311 basis points to +8.709 basis points.Market News: Russia has established direct contacts with the Political Committee of the Sharm el-Liberation Organization, and these contacts are constructive.
Market News: Russia has established direct contacts with the Political Committee of the Sharm el-Liberation Organization, and these contacts are constructive.Israeli military officials: They are preparing for possible attacks on Iran's nuclear facilities. On the 12th local time, Israeli military officials said that with the weakening of Iran's proxy groups in the Middle East and the stepping down of the Syrian Assad regime, the Israeli Air Force is preparing for possible attacks on Iran's nuclear facilities. The Israeli army believes that "isolated Iran may further advance its nuclear program." At present, the Israeli Air Force has destroyed most of Syria's air defense systems and believes that there is now an opportunity to launch an attack on Iran's nuclear facilities.Morgan Stanley raised the S&P global target price from $570.00 to $595.00.
The U.S. Treasury auctioned eight-term treasury bonds, and the winning bid rate was 4.500% (4.350% on December 5), and the bid multiple was 2.81 (3.50 in the previous auction).German two-year bond yields rose by 5 basis points to 2%.ECB sources: Some people think that the ECB overestimates economic growth. In the case of Trump's tariff increase, the economic growth next year may be less than 1%.