Institution: Bitcoin seems difficult to maintain its upward momentum. Bitcoin rose slightly in the day, but the transaction price was lower than the key level of $100,000 recently, because this cryptocurrency seems difficult to maintain its upward momentum. Last Thursday, after President-elect Trump nominated Paul Atkins, who supports cryptocurrencies, as the chairman of the SEC, Bitcoin reached a record high of $103,000. Trade Nation analyst David Morrison said in a report: "Yesterday, Bitcoin briefly broke through the $100,000 mark again, but shortly after the opening of the US stock market, with the selling of the stock market, Bitcoin plummeted."The Economic Affairs Committee of the Brazilian Senate approved Nilton David as the director of the central bank's monetary policy.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.
Alaska Airlines shares rose 18%, the biggest increase since November 2020.Alaska Airlines rose 12.59%, American Airlines rose more than 3.8%, Boeing rose about 3.1%, United Airlines and Delta Air Lines rose at least 1.4%, and Southwest Airlines fell more than 0.8%. The airline association predicts that the overall profit and operating income of the industry will increase slightly in 2025. Bernstein, a brokerage firm, upgraded the AAL rating of American Airlines, saying that the company's share price could rise by about 40%.French President Macron told party leaders that he wanted to appoint a prime minister "within 48 hours".
Market news: Vestis, a supplier of workplace supplies, is interested in acquisition by several acquisition companies.The French CAC40 index fell 1.00% in the day.Lebanese media claimed that the Israeli army approached the Syrian capital, which was denied by the Israeli military. According to Lebanese media reports on December 10, after controlling the Israeli-Syrian military buffer zone in the Golan Heights, the Israeli army has crossed the buffer zone and entered the rural province of Damascus, Syria, only 20 kilometers away from the Syrian capital Damascus. In this regard, a military spokesman denied it.