National Bureau of Statistics: Compared with the end of November, the market prices of 50 kinds of important means of production in 9 categories in the national circulation field increased in early December, 23 kinds decreased and 4 kinds remained flat. The National Bureau of Statistics released the market price changes of important means of production in the circulation field in early December 2024: According to the monitoring of the market prices of 50 kinds of important means of production in 9 categories in the national circulation field, compared with the end of November, the prices of 23 kinds of products increased in early December 2024, 23.Antaike: The global nickel industry surplus is expected to narrow, and the nickel price may decline. The Antaike report shows that the nickel price will rise and fall in the first half of 2024, because the supporting cost below is still there. After the price reached a staged low in late July, the whole price showed a pattern of bottoming out and falling resistance, and the upward and downward momentum was not strong. Returning to the fundamentals itself, oversupply and the staged improvement of downstream consumption have limited room for price rise. On the whole, the price of nickel basically fluctuated within a narrow range this year. The highest nickel in Shanghai was 160,000, and the lowest was 119,000, mainly in the range of 120,000-140,000. Looking forward to the next year, it is expected that the upward and downward momentum of nickel price is not strong, and the main contradiction is still on the supply side. In 2025, it is expected that the price difference between products and inside and outside will further converge, and the price center of gravity will move down. It is expected that the nickel will be in the range of 14,500-18,500 US dollars/ton; The range of Shanghai nickel is 120,000-170,000 yuan/ton.
In November, the growth rate of new loans was 580 billion yuan, and the growth rate of housing loans rebounded. According to the November credit data released by the People's Bank of China yesterday, the financing demand of the real economy continued to show a marginal improvement trend under the continuous effect of a package of incremental policies. In the month, RMB loans increased by 580 billion yuan, and personal mortgages stabilized and rebounded. In the month, medium and long-term loans of households increased by 300 billion yuan, a significant increase from the previous month. The change of residents' medium and long-term loans is closely related to residents' willingness to buy houses. In November, the medium and long-term loans of residents improved significantly compared with October, mainly because personal loans stabilized and rebounded, which confirmed each other with the marginal improvement of real estate market transactions in that month. In November, the year-on-year growth rate of commercial housing transaction area in 30 large and medium-sized cities turned from negative to positive, and the transaction has remained relatively active since December. The reporter learned from the central bank that with the gradual effectiveness of the package of incremental policies to stabilize the real estate market, the phenomenon of early repayment of personal mortgages has been significantly reduced, and the growth rate of housing loans has recently picked up. In October this year, the amount of personal mortgage loans exceeded 400 billion yuan, and the amount of early repayment decreased. The proportion of early repayment in the balance of personal housing loans was significantly lower than that before the introduction of a package of incremental policies.When the yield of 10-year treasury bonds falls below 1.8%, we need to be alert to the risk of callback. In the past two weeks, the yield of 10-year treasury bonds has fallen rapidly, breaking through several key points one after another, and the market sentiment has soared. While the favorable monetary policy promotes the bond bull market, the hidden risks behind the bond market are gradually emerging. In the market environment with high expected consistency and crowded transactions, the recent rectification measures may further aggravate the fluctuation of net value and trigger redemption pressure. In the face of this bond market carnival, market participants should not only enjoy the market, but also be alert to the potential callback risk. (SSE)Market News: The Chief Veterinary Officer of USDA said that USDA does not expect to complete the necessary steps to resume importing Mexican cattle before the end of the holiday.
When the yield of 10-year treasury bonds falls below 1.8%, we need to be alert to the risk of callback. In the past two weeks, the yield of 10-year treasury bonds has fallen rapidly, breaking through several key points one after another, and the market sentiment has soared. While the favorable monetary policy promotes the bond bull market, the hidden risks behind the bond market are gradually emerging. In the market environment with high expected consistency and crowded transactions, the recent rectification measures may further aggravate the fluctuation of net value and trigger redemption pressure. In the face of this bond market carnival, market participants should not only enjoy the market, but also be alert to the potential callback risk. (SSE)It accounts for nearly 70% of the total global sales! China continues to lead the global electric vehicle sales market. According to the latest data from a market research company, the global electric vehicle sales increased for the seventh consecutive month in November, with a year-on-year increase of 32%, a record high. Meanwhile, China continues to lead the global electric vehicle sales market. According to the research company's data, the global sales of electric vehicles, including all-electric vehicles and plug-in hybrid vehicles, increased by 32.3% year-on-year to 1.83 million in November. Among them, the sales of electric vehicles in China increased by 50% year-on-year, reaching 1.27 million vehicles, which is close to 70% of the total global sales. China continues to lead the global electric vehicle sales market.
Strategy guide 12-14
Strategy guide