Argentina's MERVAL index closed down 1.34% to 2.199 million points.After the publication of the OPEC monthly report, the short-term fluctuations of the US and Burundi oil were not significant, and they were reported at US$ 69.08/barrel and US$ 72.78/barrel respectively.The fire in Malibu, a coastal city in California, spread rapidly and tens of thousands of residents were evacuated. In the early morning of Tuesday, local time, the fire in Malibu, California, USA doubled in an hour, and the fire quickly destroyed houses. The local government issued an evacuation order and schools were closed. The California Forest and Fire Department said that the Franklin mountain fire in Los Angeles County began to get out of control on Monday night, with an area of 2,200 acres. All schools in Malibu are closed until further notice. Pepperdine University is closed. As of Tuesday morning, about 18,000 residents had received evacuation orders or warnings. The section of the Pacific Coast Expressway extending from Pacific Palisades to central Malibu was closed, and only evacuated people could use it. Malibu City Hall has been evacuated, and officials are working in the nearby city of Calabaca. Anthony Marrone, director of the Los Angeles County Fire Department, said at a news conference on Tuesday that the fire was still out of control and about 700 firefighters were on the scene. Marrone said that only a small number of houses were destroyed and fire investigators were investigating the cause of the fire. So far, no casualties have been reported.
Bank for International Settlements: The biggest threat to global stability is the debt carnival of governments. The Bank for International Settlements (BIS) said that the biggest threat to world economic stability is the government's borrowing habits, and the recent changes in market sentiment should be vigilant. Claudio Borio, a senior official of BIS, said in his quarterly report that priority should be given to repairing public finances before the panic of bond investors spreads. "The global financial outlook is still very worrying," said the retiring head of the BIS monetary and economic department. "The trajectory of government debt poses the most serious threat to macroeconomic and financial stability."The Postal Savings Bank, together with China Foreign Exchange Trading Center, launched the first green bond fund with the theme of common catalogue in China. The reporter learned from the Postal Savings Bank that the Bank, China Foreign Exchange Trading Center and Morgan Fund recently launched the first green innovation fund with the theme of common catalogue in China-"Morgan Common Catalogue Green Bond Fund" was formally established, raising an initial limit of 6 billion yuan.Ferrari CEO: It is expected that the company will not face specific challenges under the Trump administration, and the impact of potential tariffs in the United States will be small. If Trump imposes tariffs on European goods, we will consider dealing with it. (Asked if we would consider making cars in America) We will make cars in Maranello.
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. "During the year, the amount of A-share repurchase has exceeded 160 billion yuan, and "cancellation" has become the mainstream. Wind data shows that 2,446 repurchase schemes have been implemented this year, involving more than 160 billion yuan, far exceeding the level of last year. Different from the past, the current wave of buybacks is characterized by great strength, short term, quick implementation and large number of cancelled buybacks. At the same time, with the support of special loans for stock repurchase, more and more listed companies join the buyback team. Not only are there a large number of listed companies participating in the repurchase, but the "efficiency" of this round of repurchase is also high, and the short term and quick implementation have become a point of view. At the same time, write-off repurchase has become the mainstream. In addition to Hikvision, Kweichow Moutai plans to implement a share repurchase plan with its own funds of 3 billion to 6 billion yuan, and the repurchased shares will be used to cancel and reduce the registered capital of the company. In addition, companies such as Wuxi PharmaTech, Jiu 'an Medical, and Yili Co., Ltd. disclosed repurchase plans with a ceiling of more than 1 billion yuan, and all of them were used for capital reduction and cancellation. (Securities Times)Ferrari CEO: Some parts of electric vehicles will be produced within the company, and other parts will be produced through strategic partners.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14