Biden: We have restored full employment and successfully reduced inflation. US President Biden: We have restored full employment and successfully reduced inflation, and achieved a soft landing that most people think is unlikely to happen. Next month, my government will end and a new one will begin. Most economists believe that the new government will inherit a fairly strong economy, and at least for now, the economy is undergoing a fundamental transformation. It has laid a more solid foundation for sustainable and broad-based high productivity growth. I sincerely hope that the new government can retain and further develop this achievement on this basis. We have created more than 16 million new jobs, which is the largest number of new jobs in any presidential term in American history. This is the lowest average unemployment rate among all governments in the past 50 years. The stock market hit a record high. I wish I owned a lot of stocks. Worst of all, I admit that for 36 years, I have been listed as the poorest person in Congress.Chilean National Copper Company: The output of Escondida copper mine in Chile increased by 22% in October, reaching 108,000 tons.JPMorgan Chase's guidance on adjusting net interest income is now expected to exceed analysts' expectations. JPMorgan Chase changed the previous statement that analysts were too optimistic, saying that the bank now expects net interest income to exceed expectations next year. Marianne Lake, head of consumer and community banking in JPMorgan Chase, said at a financial services conference hosted by Goldman Sachs Group on Tuesday that this key income may be about $2 billion higher than the current estimate.
A high-level Israeli delegation visited Cairo to negotiate a ceasefire in Gaza. On the 10th local time, a high-level Israeli delegation was visiting Cairo, the Egyptian capital. This was conducted under the framework of Egyptian efforts to mediate the ceasefire negotiations in Gaza. The delegation will hold consultations with the Egyptian side on the ceasefire in Gaza and support for aid materials to enter the Gaza Strip. (CCTV)The Israeli military said it attacked Syria's strategic weapons reserves."Debt Bull" launched a number of treasury bonds futures varieties to a new high. Yesterday, the bond market once again took the bull. On December 10th, 30-year, 10-year, 5-year and 2-year treasury bond futures all hit record highs. Looking at it for a long time, since the beginning of this year, 30-year treasury bond futures have risen by nearly 16%, 10-year treasury bond futures have risen by over 5%, and 5-year treasury bond futures have risen by over 3%. Analysts pointed out that the logic of broad-spectrum interest rate downward has run through the whole year of 2024, and it is expected to continue to form an important support for the bond market in the long run. The recent market strength is not only an emotional effect at the end of the year and the beginning of the year, but also a blocking point to dredge and guide the overall downward trend of interest rates. (Securities Times)
Jon Finer, US Deputy National Security Adviser: (When asked about the Russian-Ukrainian conflict) We have been working hard to strengthen Ukraine before the end of this government.Bank of France: Industrial uncertainty hit a two-year high.The previous crude oil futures 2401 contract closed up 0.25% at 530.80 yuan/barrel. Shanghai Gold closed up 0.67% and Shanghai Bank closed up 0.15%.