On December 22, the People's Bank of China kept the one-year and five-year LPR at 3% and 3.5% respectively, unchanged for seven consecutive months. The FTSE China A50 index futures opened with a rise of 0.15%.
Domestic futures main contracts showed a mixed performance in the morning: platinum and palladium rose nearly or exceeded 5%, PX, PTA, and Shanghai silver rose over 3%, short fiber, pulp, and bottle flakes rose over 2%; PVC, plastics, and canola oil fell over 1%.
Japanese government bond yields rose in early Tokyo trading, influenced by fiscal policy risks and expectations for government bond issuance plans. The yield on the 10-year JGB briefly rose to 2.068%, hitting an intraday high not seen since February 1999; the 20-year yield increased by 3 basis points to 3%, and the 5-year yield rose by 3.5 basis points to 1.520%.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
On December 22, the People's Bank of China kept the one-year and five-year LPR at 3% and 3.5% respectively, unchanged for seven consecutive months. The FTSE China A50 index futures opened with a rise of 0.15%.
Domestic futures main contracts showed a mixed performance in the morning: platinum and palladium rose nearly or exceeded 5%, PX, PTA, and Shanghai silver rose over 3%, short fiber, pulp, and bottle flakes rose over 2%; PVC, plastics, and canola oil fell over 1%.
Japanese government bond yields rose in early Tokyo trading, influenced by fiscal policy risks and expectations for government bond issuance plans. The yield on the 10-year JGB briefly rose to 2.068%, hitting an intraday high not seen since February 1999; the 20-year yield increased by 3 basis points to 3%, and the 5-year yield rose by 3.5 basis points to 1.520%.