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The commodity currency NZD/USD fell by 1.0% to 0.5807.The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)Xiaomi Automobile: Xiaomi YU7 and Xiaomi SU7 use the same family-style design language. On the evening of December 10th, Xiaomi Automobile said that Xiaomi YU7 and Xiaomi SU7 use the same family-style design language, and they all have a series of common features in body proportion posture, water droplet headlights, halo taillights, smooth and full ripple surfaces and aerodynamic duct design. Xiaomi Auto said that Xiaomi YU7 is read directly with the original pronunciation of letters: Y-U-7; It is expected to be officially listed in June and July 2025, and a large-scale road test is currently underway. After the Xiaomi YU7 test car is removed from heavy camouflage, I believe that everyone will find more surprising details one after another.

Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.Dow Jones opened down 0.2%, S&P 500 rose 0.1%, Nasdaq rose 0.3%, Oracle Bone Inscriptions fell 7.8%, and Q2 revenue fell short of expectations. Data platform MongoDB fell 7.3%, CFO and COO will leave. Alaska Airlines rose 12.0% to buy back $1.1 billion in shares. Dada Group fell 2.5% and Mizuho lowered its target price to $3.50.Ethereum hit $3,600/piece, down 3.10% in the day.

Xiaomi Automobile: Xiaomi YU7 and Xiaomi SU7 use the same family-style design language. On the evening of December 10th, Xiaomi Automobile said that Xiaomi YU7 and Xiaomi SU7 use the same family-style design language, and they all have a series of common features in body proportion posture, water droplet headlights, halo taillights, smooth and full ripple surfaces and aerodynamic duct design. Xiaomi Auto said that Xiaomi YU7 is read directly with the original pronunciation of letters: Y-U-7; It is expected to be officially listed in June and July 2025, and a large-scale road test is currently underway. After the Xiaomi YU7 test car is removed from heavy camouflage, I believe that everyone will find more surprising details one after another.Latvian Foreign Minister Blase said, I am sure that we can cooperate with US Secretary of State Lu Biao.China Haiphong: The car-gauge resolver decoder chip achieved a technical breakthrough and actively laid out the automobile chip industry. On December 10th, China Haiphong responded to the questions about the company's car-gauge resolver decoder chip products on the investor interaction platform. China Haiphong said that in order to solve the technical problems of the core chip, the company's subsidiaries carried out independent research and development work for the car-level resolver decoding chip, which broke through a number of key technologies. The company's car-level resolver decoding chip successfully passed the AEC-Q100 car-level reliability and quality assurance system certification, successfully filled the domestic gap and realized the independent control of the core components of the electric drive system.