EUR/USD
1.15551
-0.074%
Gold
4076.29
1.807%
Oil
59.756
0.134%
USD/JPY
154.229
0.523%
GBP/USD
1.31533
-0.071%
GBP/JPY
202.867
0.452%
Real-time News
On November 10th, US Treasury yields rose as investor risk appetite recovered after the US Senate cleared a key hurdle, paving the way for a possible end to the government shutdown. This weakened demand for safe-haven assets such as government bonds. "The renewed hope may boost risk appetite and prompt investors to move away from US Treasuries," said Konstantinos Chrysikos of Kudotrade in a report. He noted that this weeks focus will shift to speeches by Federal Reserve officials, which could provide clues about the prospect of further interest rate cuts. According to LSEG data, the money market is currently pricing in a 66% probability of a 25 basis point rate cut in December. According to Tradeweb data, the yield on the two-year US Treasury note rose 4 basis points to 3.596%, while the ten-year yield rose 3.7 basis points to 4.130%.Tesla (TSLA.O) registered stock for CEO Elon Musks compensation package.On November 10th, the State Administration for Market Regulation issued a "Compliance Guidelines for Online Centralized Promotions during the Double 11 Shopping Festival" to major e-commerce platforms to regulate promotional activities, maintain online transaction order during the "Double 11" period, and protect consumers legitimate rights and interests. The guidelines emphasize strict regulation of promotional activities, prohibiting illegal practices such as "forced exclusivity agreements" and "price discrimination based on big data." Promotional rules must be clear and transparent, specifying conditions of use, refund and cancellation procedures, and expiration dates for key aspects such as discounts, coupons, pre-sales, and price guarantees, thereby enhancing the transparency of promotional activities.Federal Reserves Daly: Tariff-driven price increases have not spread to a wider range of inflation.Federal Reserves Daly: The Fed needs to guard against inflation risks, but it should not ignore the possibility of a productivity boom and faster non-inflationary growth.
