US Secretary of State Blinken: The Syrian transition process should achieve credible, inclusive and non-sectarian governance.Alaska Airlines rose 12.59%, American Airlines rose more than 3.8%, Boeing rose about 3.1%, United Airlines and Delta Air Lines rose at least 1.4%, and Southwest Airlines fell more than 0.8%. The airline association predicts that the overall profit and operating income of the industry will increase slightly in 2025. Bernstein, a brokerage firm, upgraded the AAL rating of American Airlines, saying that the company's share price could rise by about 40%.US Senate Majority Leader Schumer will meet with Secretary of State nominee rubio later today.
Henan: This year, the limit of "debt conversion" has been fully issued. On the 10th, the Finance Department of Henan Province reported that the province successfully issued 30,444.53 million yuan of government bonds in Shanghai, all of which are special bonds for refinancing, mainly used to replace existing implicit debts. So far, the local government debt limit issued by the Ministry of Finance of China in 2024 to replace the hidden debt in stock has been fully issued. The Henan Provincial Department of Finance reported that the members of the underwriting syndicate subscribed enthusiastically, and the subscription multiple of the whole audience reached 30.86 times, which fully reflected the investors' high recognition and confidence in Henan's economic development, financial strength and government credit.Market News: new york will close the immigration shelter at Floyd Bennett Airport.Kaitou Macro: Trump's influence on oil and gas may come from foreign policy. Kaitou macro economists said that President-elect Trump may influence the global oil and gas supply through foreign policy rather than domestic production or trade tariffs. "We doubt whether tariffs affecting the oil industry will be effective, and the impact will be limited in the short term," economists said. "At the same time, the decision to increase production will ultimately depend on private producers who have been strictly observing capital discipline since the outbreak." In terms of climate policy, Kaitou Macro said that the biggest threat will be to cancel the tax credit for electric vehicle buyers, which will put the promotion of this car in the United States at risk of further slowdown.
Sichuan continued to promote the supply and demand docking of enterprises in the field of industrial informatization, with a cumulative signing amount of 38 billion yuan. The supply and demand docking activity of a new generation of information technology industry in Sichuan Province was held in Chengdu on the 10th. Zhai Gang, director of the Department of Economy and Information Technology of Sichuan Province, said at this event that since September this year, Sichuan has held nine consecutive supply-demand docking activities of "expanding the market and growing steadily" in Sichuan Province, which has promoted the establishment of long-term cooperative relations between the supply and demand sides of enterprises in Sichuan's industrial and information fields, and has contributed to a number of cooperation results and procurement transactions. At present, the accumulated contracted amount has reached 38 billion yuan. (Zhongxin. com)Spot gold hit $2,690 per ounce, continuing to hit a new high since November 25, rising by 1.12% in the day.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.