BREAKING MARKET NEWS (12/24/2024)
BREAKING MARKET NEWS (12/24/2024)
CHINA'S BOND YIELD MOVEMENTS:
One-year bond yield drops by 5 basis points to 0.8%.
10-year bond yield increases by 2 basis points.
CHINA'S MINISTRY OF FINANCE MEETING: A meeting is being hosted in Beijing.
NATIONAL FISCAL WORK CONFERENCE:
China convenes the National Fiscal Work Conference in Beijing, as announced by the Ministry of Finance.
BOJ SECURITIES INJECTION:
Bank of Japan (BOJ) to provide 800 billion yen in securities across all offices.
CHINA'S ECONOMIC MEASURES:
China to increase measures addressing risks in critical sectors.
The Ministry of Finance will expand the scale of government bonds to stabilize growth.
CHINA'S GLOBAL COOPERATION:
China aims to enhance global financial cooperation.
SUPPORT FOR DOMESTIC DEMAND:
China to support and expand domestic demand.
HIGH-LEVEL OPENING UP:
China to support high-level opening up of its economy.
SUPPORT FOR LOCAL GOVERNMENTS:
China’s Ministry of Finance to boost transfer payments to local governments.
TRADE-IN PROGRAM SUPPORT:
China to increase support for trade-in programs.
DEBT RISKS MITIGATION:
Ministry of Finance aims to effectively prevent and resolve local government debt risks.
