OPEC Monthly Report: Considering the recently received bearish data in the third quarter, the demand forecast for 2024 is lowered.Us treasury secretary yellen: I told the finance minister candidate Bessent that the Ministry of finance has professional staff who can work on the principle of integrity and make reliable analysis.A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)
British Minister of Justice: New prisons are not enough to solve the problem of prison overcrowding.Market information: The murder suspect of CEO of United Health Insurance Business opposes extradition to new york to face charges.As interest rates fell for the third week in a row, the demand for mortgage refinancing in the United States surged, and the interest rate of mortgage in the United States fell again last week. Although the decline was not large, it was enough to stimulate existing homeowners to seek some savings. The seasonally adjusted index of American Mortgage Bankers Association (MBA) shows that the total demand for mortgage loans has increased by 5.4%, which is behind the surge in refinancing. Housing loan refinancing applications surged 27% from the previous week and 42% higher than the same period last year. Joel Kan, an MBA economist, said, "Purchase applications are still relatively strong. In the past three months, except for one week, there has been a year-on-year increase. In addition to the low interest rate, house purchasing activities continue to be supported by continuous housing demand and inventory, which continue to grow gradually in many markets. "
We are full of confidence in the US economy, said Blackstone's head of private equity in North America.The State Council, USA: Sham Liberation Organization's remarks are appropriate, but we will judge according to its actions.Tesla shares rose 1.5% before the market.