UBS Group AG expands its American wealth department.The United States will disclose the details of lending to Ukraine with the proceeds from frozen Russian assets. In October this year, the leaders of the Group of Seven reached a consensus on the details of providing Ukraine with a loan of 50 billion US dollars with the proceeds from frozen Russian assets as collateral. As part of the G-7 loan, the United States promised to grant Ukraine a loan of $20 billion. The Ukrainian cabinet recently issued a resolution saying that it has finalized the details of the loan with the US and approved the relevant loan agreement. According to the agreement, the Federal Loan Bank of the United States will provide Ukraine with a loan of US$ 20 billion for 40 years by using the proceeds from Russian frozen assets. The annual interest rate of the loan will be calculated according to the current average interest rate of one-year national debt in the United States, and the loan principal and interest will be repaid with the proceeds from frozen assets in Russia. Accord to a resolution issued by that Ukrainian cabinet a few day ago, the loan will be transferred to a fund specially set up for Ukraine by the world bank in October for Ukrainian use.White House: The United States wants to ensure that the Syrian people can decide their future. We have the ability to communicate with opposition organizations and will continue to do so.
The Turkish President discussed the situation in Syria by telephone with the Italian Prime Minister and the President of the European Commission. On December 10th, local time, the Information Bureau of the Turkish Presidential Office announced that President Erdogan had telephoned Italian Prime Minister meloni and European Commission President Ursula von der Leyen on the same day to discuss the current situation in Syria. In a telephone conversation with meloni, Erdogan once again stressed the importance of safeguarding Syria's sovereignty and territorial integrity and social stability, and said that the Israeli aggression against Syria this time will not help Syria's stability. In addition, Erdogan pointed out that terrorists in Syria must be eliminated. In a telephone conversation with European Commission President Ursula von der Leyen, Erdogan said that Turkey will continue to provide strong support to the Syrian people in the future to eliminate terrorists in Syria, ensure their unity and protect their territorial integrity.Before the publication of USDA monthly report, CBOT soybeans rose by 0.53%, CBOT corn rose by 0.11%, CBOT soybean meal rose by 0.9%, CBOT soybean oil fell by 0.33%, and CBOT wheat rose by 0.27%.Hedge funds are targeting mini-millionaires. Hedge funds are looking for the next batch of money bags in the low-end market, and their eyes are locked on "mini-millionaires". With the traditional customers of hedge funds such as large institutions and super-rich people becoming more and more silent, doctors, lawyers, business owners or anyone with seven or eight-figure assets have become new targets of hedge funds, and this trend has been accelerating.
For the second week in a row, the US Treasury cut the auction scale of 4-cycle and 8-cycle Treasury bills, and the US Treasury cut the bidding scale of benchmark Treasury bills with the shortest term on Tuesday. The U.S. Treasury Department said it plans to issue 80 billion U.S. dollars of 4-term Treasury bonds on Thursday, which is 5 billion dollars less than the previous issuance of treasury bonds of the same maturity. The Ministry also announced that it would issue $75 billion of eight-term Treasury bills on Thursday, which was also reduced by $5 billion. The auction scale of 17-period Treasury bonds to be issued on Wednesday remains unchanged at $64 billion.EIA short-term energy outlook report: WTI crude oil price is estimated to be 77 USD/barrel in 2024, compared with 77 USD/barrel previously expected. It is estimated that the price of WTI crude oil will be USD 69/barrel in 2025, compared with USD 72/barrel previously. It is estimated that the price of Brent crude oil will be $81/barrel in 2024, which was previously expected to be $81/barrel. It is estimated that the price of Brent crude oil will be $74/barrel in 2025, compared with $76/barrel previously. It is estimated that the US crude oil production will be 13.24 million barrels per day in 2024, compared with the previous forecast of 13.23 million barrels per day. It is estimated that the US crude oil production will be 13.53 million barrels per day in 2025, compared with the previous forecast of 13.53 million barrels per day.White House: We are discussing with Turkey the current situation of detention facilities in Syria and our concerns about the possibility of opening these facilities.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13