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2024-12-14 05:53:05
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The dollar index DXY rose nearly 20 points in the short term and is now reported at 106.54.Tesla (TSLA.O) rose more than 3%, and Morgan Stanley and Cantor Ftzgerald upgraded its rating.Citizen Financial Holdings rose 3.3% to an intraday high.


The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)US Secretary of State Blinken: The Syrian transition process should achieve credible, inclusive and non-sectarian governance.Next year, the incremental funds will come from fund companies such as debt-based companies. Multi-assets and low volatility will become the key words for investment next year. According to the survey, many fund companies have recently made many layouts in new product issuance and continuous marketing of old products. Debt base is still an important force in the annual "scale war" of fund companies. The importance of ETF has increased this year, and some fund companies also regard it as the key to improve the scale ranking. For next year's business layout, ETF and fixed income are regarded as the business focus by many fund companies, especially ETF, and its development has become the consensus in the industry. In addition, multi-assets and low volatility have become the key words for investment next year. (CSI)


Top fund managers say that Trump's tariff plan is influenced or less than expected by the negotiation strategy. Some of the most influential and powerful fund managers in the world believe that the potential extensive tariffs of US President-elect Donald Trump are only negotiation strategies. This was the key message delivered by Jenny Johnson, CEO of Franklin Templeton, and Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, when they spoke at the event "Women, Money and Power" held by Bloomberg in London on Tuesday. "I think tariffs are still more of a negotiation strategy than the inevitable situation we will see," Walsh said. "I think it will be more targeted." Johnson expressed a similar view, adding that such measures are often "inflationary".The dollar index DXY rose nearly 20 points in the short term and is now reported at 106.54.Institution: AUD/NZD may rebound in the coming months. Jane Foley, foreign exchange strategist of ABN amro, said in a report that AUD/NZD may rebound in the coming months, because the growth momentum of New Zealand's economy is far less than that of Australia. "The weakness of the New Zealand economy and the risk of further sharp interest rate cuts by the New Zealand Federal Reserve indicate that the fundamentals do not support the further performance of the New Zealand dollar against the Australian dollar." The New Zealand Federal Reserve cut interest rates by 50 basis points in November and hinted that it would cut interest rates further in 2025. The Reserve Bank of Australia kept interest rates unchanged on Tuesday. The Dutch cooperative bank predicts that the Australian dollar will rise from the current 1.0991 to 1.12 against the New Zealand dollar within three months.

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