EUR/USD
1.17142
0.164%
Gold
4212.30
-0.372%
Oil
57.546
-2.096%
USD/JPY
155.809
-0.135%
GBP/USD
1.33861
0.046%
GBP/JPY
208.572
-0.074%
Real-time News
On December 11th, Eric Winograd, chief U.S. economist at AllianceBernstein, stated in a report that the Federal Reserves decision to begin expanding its balance sheet to ensure the banking system has "ample" reserves and to resume purchasing short-term Treasury bonds should only affect the very short end of the U.S. Treasury yield curve, without impacting the longer-term portion. He pointed out that the Fed will resume its normalized purchases of Treasury bills, with an initial target of approximately $40 billion per month. "The impact of this decision on the market should be limited to the money market and the very front of the yield curve," he added. While the balance sheet expansion itself was not unexpected, some market participants had originally expected the Fed to wait until January to begin this operation.Eli Lilly (LLY.N) announced positive results from its obesity injection trial, sending its shares up 3.2% in pre-market trading.On December 11th, CIFI Holdings Group Co., Ltd., the domestic bond issuer of CIFI Holdings Group (00884.HK), announced its plan to repurchase seven outstanding corporate bonds issued by the company using its own funds, with a maximum repurchase amount of RMB 220 million. In September of this year, CIFI Holdings Group announced that its corporate bond restructuring plan, with a principal amount exceeding RMB 1 billion, had been approved. According to the approved resolution, the bond repurchase will commence within three months of the resolutions approval, with a repurchase price of 18% of the bonds face value. However, bondholders must waive all accrued interest. The announcement shows that the subscription period for this bond repurchase is from December 16th to December 23rd (trading hours only), and the redemption date is December 31st.The National Bank of Uzbekistan set its policy rate at 14%, unchanged from the previous rate.Starbucks union: Hundreds of newly joined baristas are on strike in 34 cities.
