GoldenOctober2024

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The five Nordic countries signed a military cooperation protocol.

Jinshi data, November 21st news, it was learned on the 21st local time that at the meeting of the defense ministers of the Nordic countries, the five Nordic countries of Denmark, Finland, Norway, Sweden, and Iceland signed a military cooperation protocol aimed at enhancing the military mobilization capabilities among protocol countries.
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The Baltic Dry Index fell for the fourth consecutive day

The Baltic Dry Index fell for the fourth consecutive day on Thursday, with all freight rates falling. The Baltic Dry Index fell 40 points, or 2.48%, to 1576 points. The Capesize Index fell 86 points to 2724 points. The average daily profit of Capesize vessels decreased by $712 to $22595. The Panamax Index fell 32 points to 1106 points. The average daily profit of Panamax vessels fell by $291 to $9951. The Supramax Index fell 5 points to 987 points.
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The Israeli military claimed to have attacked the Hezbollah command center located in the southern suburbs of Beirut.

On November 21st, Jinshi Data reported that the Israeli military attacked the command center and infrastructure of the Hezbollah in the southern suburbs of Beirut, Lebanon. Earlier, Israel launched a new round of attacks on the southern suburbs of Beirut, Lebanon.
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The Central Bank of Russia may restrict the debt burden of large companies.
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The International Criminal Court has accused the Israeli Prime Minister and Hamas leaders of war crimes, etc.

Israeli Prime Minister Benjamin Netanyahu and Hamas leader Mohammed Deif have been accused by the International Criminal Court of war crimes, with arrest warrants issued. Former Israeli Defense Minister Galant is also facing charges. The Israeli government denies the accusations, stating that its military actions are in accordance with international law. The arrest warrants are issued for crimes against humanity and war crimes.
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Kathryn Macro: The Central Bank of Turkey may not cut interest rates until the end of the first quarter of 2025.

The Central Bank of Turkey, as expected by analysts, maintained the Intrerest Rate at 50%, and the depreciation of the Turkish lira narrowed slightly. The Central Bank of Turkey reiterated that it will maintain a tight monetary policy until a significant and sustained decline in monthly inflation trends is observed. Nicholas Far, an economist at Capital Economics, said in a report: There is no clear sign from the Central Bank that it will cut interest rates soon. The speed of inflation decline in the coming months will be slow, and it may not be possible to cut interest rates until at least the end of the first quarter of 2025.
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Retired U.S. general: Russia's missile launch towards the Dnieper may be a warning

Retired U.S. Army Brigadier General Mark Markarli warned that Russia's missile launch in Dnieper is a warning that if Ukraine does not abandon the use of the new U.S. Army tactical missile system and the British long-range missile, Russia will use the same missile to attack Kiev. He emphasized that Russia's goal is to make people feel afraid.
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7 days 6 boards Three-dimensional Chemistry: The market price of chemical products n-propanol has experienced a certain degree of pump, but the sustainability of price fluctuation is uncertain

3D Chemical issued a trading abnormality Fluctuation announcement because the stock deviation value has exceeded 20% for three consecutive trading days, but no significant undisclosed information that has a significant impact on its stock price has been found. The price of the company's chemical product, n-propanol, has experienced Fluctuation, but its sustainability is uncertain, and there is a risk of decline in the future. In addition, the company's production and operation are normal, and there have been no significant changes.
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Strategist: Britain's 'mini-budget' disaster should sound the alarm for the United States

The United States may face its own "mini-budget" crisis, and Trump's economic agenda has intensified concerns about soaring consumer prices, which could lead to significant changes in bond yields and investor behavior. Foreign investors are diversifying their investments from US Treasury bonds. However, some experts believe that the US fiscal situation may improve.
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Morgan Stanley CEO: Optimistic about the US stock market, expects the S&P 500 to continue to pump.

Morgan Stanley CEO Ted Pick expressed optimism about the US stock market, believing that the US economy will continue to perform well in the coming years. He expects the S&P 500 index to pump, with sectors such as finance and industry likely to perform well as the economy continues to rise and some regulations are relaxed.
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UBS: Euro to US dollar may rebound next year

UBS analysts predict that the eurozone economy is expected to slightly improve in 2022, which will support the rise of the euro against the US dollar, and it is unlikely that European government bond yields will drop significantly. It is expected that by the end of 2025, the euro to US dollar exchange rate will rise to 1.12.
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UBS: Pound and Australian dollar expected to pump as UK and Australia's Central Bank may be more cautious in cutting interest rates

UBS expects the pound and the Australian dollar to potentially pump, as the UK Central Bank and the Reserve Bank of Australia may be more cautious in reducing interest rates than other regions. These two currencies are seen as favored developed market currencies in interest rate differential trades. UBS expects the Exchange Rate of the Australian dollar against the US dollar to rise to 0.68, and the Exchange Rate of the pound against the US dollar to rise to 1.35 by the end of 2025.
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Yongjie New Material's application for IPO on the Shanghai Stock Exchange main board has been approved by the China Securities Regulatory Commission for registration.

Jinshi data, November 21 news, the China Securities Regulatory Commission issued a reply on November 21 approving the registration of Yongjie New Materials Co., Ltd.'s initial public offering of shares, approving the company's application for the initial public offering of shares. According to the prospectus, the company plans to list on the main board of the Shanghai Stock Exchange, specializing in the research, development, production, and sales of aluminum plate and foil, including two main categories: aluminum plate and aluminum foil.
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Yuexin Bank: Nvidia's disappointing performance guidance is unlikely to have an impact on the euro credit market.

Jinshi data news on November 21st, Yu Xin Bank analysts stated in a report that the recent widening of the investment-grade credit spread denominated in euros seems to be somewhat excessive and may now begin to stabilize. They said, "We expect the corresponding credit risk premium to consolidate near current levels." Yu Xin Bank also stated that Nvidia's better-than-expected earnings and disappointing performance guidance are unlikely to have an impact on the euro credit market.
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Analysts: Nvidia fell because investors are more concerned about the details than the big picture

Investor concerns for artificial intelligence chip manufacturer NVIDIA are shifting from the overall picture to the details, leading to a decline in stock price. NVIDIA's gross margin has declined sequentially, and the gross margin for this quarter will continue to decline, along with weaker-than-expected revenue forecasts, which are troubling investors.
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Redick: Termination of acquisition of 51% equity of Diz Precision

Jinshi Data News on November 21st, Redick announced that it plans to acquire 51% of Diz Precision's equity. As of the date of this announcement, the parties to the transaction have not been able to reach a final consensus on the acquisition and have not been able to sign a formal acquisition protocol. In order to safeguard the legitimate rights and interests of the company and all shareholders, after careful study by the company, it has been decided to terminate the acquisition.
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Haier: The final result of the commercial secrets and copyright infringement litigation with Motorola may have a certain impact on the company's profits.

Hanergy's profits are uncertain due to the conflicting rulings between the US court's punitive damages for trade secrets and UK law. The High Court of England does not support the enforcement of trade secret compensation in the UK, and has rejected Motorola's application for litigation costs in the UK.
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China Association of Automobile Manufacturers: It is expected that the total retail market size of narrow passenger vehicles in November will be around 2.40 million, a rise of 15.4% year-on-year.

On November 21, Jinshi Data reported that the preliminary calculation of the total retail market for narrow passenger cars in November by the China Association of Automobile Manufacturers was about 2.4 million, a rise of 15.4% year-on-year and a rise of 6.1% month-on-month. The retail sales of new energy vehicles are expected to reach 1.28 million, with a penetration rate of about 53.3%.
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GateUser-20cad23dvip:
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Western officials deny Russia's launch of intercontinental ballistic missiles towards Ukraine

According to BCH News, on November 21st, Jinshi Data reported that the Ukrainian military claimed that Russia had launched an intercontinental ballistic missile, but Western officials denied the claim.
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