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2024-12-13 18:20:35

The Brazilian real rose to 1.6% against the US dollar.Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.Hang Seng Index futures closed up 0.05% at 20,215 points, with a high water level of 60 points.


Turkish President Erdogan: We have reached a joint memorandum with Ethiopia and Somalia.Somali President Mohamed: We are willing to cooperate with Ethiopian leaders and people and make full use of our opportunities in all aspects.Punto Casa de Bolsa upgraded AMD to Buy with a target price of $170.22.


Argentina's inflation rate in November was 2.4%, and the accumulated inflation rate in the past 12 months reached 166%. On the afternoon of the 11th local time, the Argentine National Bureau of Statistics released data showing that the country's monthly inflation rate in November was 2.4%. The cumulative inflation rate has been 112% since the beginning of this year and 166% in the past 12 months.Ambrey, British maritime safety company: The ship carrying 130 people capsized in the south of Chebba, Tunisia, and two people drowned.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)

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