Russian Foreign Ministry: The transfer of US$ 20 billion to Ukraine by the United States on the grounds of freezing Russian assets is "simply robbery".Fitch Ratings: US state and local governments are expected to return to normal in 2025.Nymex January natural gas futures closed up about 6.80% to $3.3780 per million british thermal unit.
Fitch: Steady reserves, reduced liabilities, and prudent budget management have prepared American state and local governments for 2025.Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.The Arab Baath Socialist Party led by former Syrian President Bashar al-Assad said it would suspend its operation indefinitely.
The Arab Baath Socialist Party led by former Syrian President Bashar al-Assad said it would suspend its operation indefinitely.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)Trump's NASA candidate called his future SpaceX mission a "question mark". On Wednesday, Jared Isaacman, a billionaire in science and technology, who was selected by President-elect Trump, said that his planned private astronaut mission with Musk's SpaceX company "may be put on hold" because he was ready to enter the government to lead NASA.