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2024-12-14 01:00:53

Before the publication of USDA monthly report, CBOT soybeans rose by 0.53%, CBOT corn rose by 0.11%, CBOT soybean meal rose by 0.9%, CBOT soybean oil fell by 0.33%, and CBOT wheat rose by 0.27%.The yield of two-year German bonds fell by more than 3 basis points, while the yield of 10-year British bonds rose by more than 5 basis points. At the end of the European market on Tuesday (December 10), the yield of German 10-year government bonds was roughly flat at 2.122%, and the intraday trading was in the range of 2.143%-2.099%. The yield of two-year German bonds fell by 3.4 basis points to 1.964%, and the intraday trading was in the range of 2.010%-1.956%, which fluctuated downwards throughout the day. The yield spread of 2/10-year German bonds rose by 3.291 basis points to +15.393 basis points. British 10-year bond yields rose by 5.3 basis points, and two-year British bond yields rose by 3.0 basis points; The yield spread of 2/10-year British bonds rose by 2.3 basis points to +4.408 basis points. French 10-year bond yields rose by 0.7 basis points, Italian 10-year bond yields rose by 1.0 basis points, Spanish 10-year bond yields rose by 0.7 basis points, and Greek 10-year bond yields rose by 0.8 basis points.CEO of Goldman Sachs (GS. N): It is important to find a suitable way to finalize the rules of Basel III next year.


The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.After the publication of USDA monthly report, CBOT soybean increased by 0.25%, CBOT corn increased by 0.91%, CBOT soybean meal increased by 0.45%, CBOT soybean oil decreased by 0.44%, and CBOT wheat increased by 0.22%.


White House: US National Security Adviser Sullivan will meet with the families of the hostages on Tuesday.The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.White House: We think there is a chance to reach a hostage release agreement in Gaza, but Hamas continues to be an obstacle.

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