EUR/USD
1.17967
-0.013%
Gold
3360.72
0.112%
Oil
66.191
-0.791%
USD/JPY
143.855
0.145%
GBP/USD
1.36442
0.067%
GBP/JPY
196.284
0.262%
Real-time News
On July 3, rating agency Standard & Poors said that if NATOs core defense spending target of 3.5% is fully implemented without offsetting measures, the government debt of European member states may increase by $2 trillion by 2035. However, the spending growth is likely to be gradual. The speed of military spending increases will depend on each countrys security considerations, the size of the defense industry, fiscal issues, electoral support and industrial absorption capacity. Regarding European sovereign debt, the impact on the credit quality of these countries is expected to be limited in the short term, as the growth of defense spending is likely to be restrained and slow.Switzerlands June CPI monthly rate will be released in ten minutes.New York silver futures rose more than 1.00% during the day and are now trading at $37.10 an ounce.July 3, U.S. Treasury yields fell in afternoon trading in Asia, and the upcoming ISM index and job market data may support the Federal Reserves expectations of a rate cut this year. "Rate cut speculation is unlikely to weaken before the end of this week," Helaba analysts said in a report. The decline in yields was driven by long-term Treasury bonds, causing the yield curve to flatten after steepening the previous day.On July 3, Longfor Group (00960.HK) has transferred the repayment funds of "22 Longfor 04" to the special account of China Securities Depository and Clearing Corporation, with a total amount of 1.766 billion yuan. The issuance scale of "22 Longfor 04" is 1.7 billion yuan, the coupon rate is 4.1%, and the exercise date is July 5, 2025. After the repayment of "22 Longfor 04", Longfor has paid nearly 9 billion yuan of public bonds this year. From 2023 to 2024, Longfor has reduced its interest-bearing liabilities by more than 30 billion yuan in two years.
