Syria's new rulers have told business leaders that they seek to turn to a free market economy.CEO of Goldman Sachs (GS. N): The government pays more attention to growth, which will benefit our business. The Trump administration may implement an agenda to support growth.The U.S. Department of Commerce announced that it would provide 6.1 billion U.S. dollars to Micron Technology, a chip company. On December 10, a statement issued by the White House showed that the U.S. Department of Commerce signed a contract with Micron Technology, the largest computer memory chip manufacturer in the United States, to provide 6.1 billion U.S. dollars to Micron Technology. In addition, the US Department of Commerce also announced that it has reached a preliminary agreement with Micron Technology, which will provide an additional $275 million for the expansion of Micron Technology's factory in Manacas, Virginia.
Brent crude oil rose by 1.00% in the day and is now reported at $72.48/barrel.CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.The EUR/USD of the euro against the US dollar fell by 1.05, with an intraday decrease of 0.50%. USD/JPY rose more than 0.50% in the day and is now reported at 152.15.
The yield of two-year German bonds fell by more than 3 basis points, while the yield of 10-year British bonds rose by more than 5 basis points. At the end of the European market on Tuesday (December 10), the yield of German 10-year government bonds was roughly flat at 2.122%, and the intraday trading was in the range of 2.143%-2.099%. The yield of two-year German bonds fell by 3.4 basis points to 1.964%, and the intraday trading was in the range of 2.010%-1.956%, which fluctuated downwards throughout the day. The yield spread of 2/10-year German bonds rose by 3.291 basis points to +15.393 basis points. British 10-year bond yields rose by 5.3 basis points, and two-year British bond yields rose by 3.0 basis points; The yield spread of 2/10-year British bonds rose by 2.3 basis points to +4.408 basis points. French 10-year bond yields rose by 0.7 basis points, Italian 10-year bond yields rose by 1.0 basis points, Spanish 10-year bond yields rose by 0.7 basis points, and Greek 10-year bond yields rose by 0.8 basis points.CEO of Goldman Sachs (GS.N): I believe that the new government's decision on tariffs will be made in a way around growth.CEO of Goldman Sachs: If tariffs are implemented, the market will not be excited.
Strategy guide
Strategy guide
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