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2024-12-14 10:16:38
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Baker Hughes: In the week ending December 13th, the number of oil rigs in the United States remained unchanged at 482 (19 fewer than the same period last year).Bank deposits in the United States last week were $17.839 trillion, compared with $17.629 trillion in the previous week.Standard & Poor's: Cyprus is upgraded to A-, and the outlook is stable. The economic and financial situation (in the euro zone) performed well, so the rating was upgraded.


According to people familiar with the matter, Verkada, a surveillance camera startup, negotiated to raise $200 million at a valuation of $4.5 billion, led by venture capital firm General Catalyst.Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.Intercontinental Exchange (ICE): In the week of December 10th, the net long position of ICE Brent crude oil held by speculators increased by 5,349 contracts to 162,273 contracts, a record high of more than two months. The net long position in sugar will reach a three-month low, and the net long position in Robusta Coffee will hit a four-week low, increasing the net long position in London Cocoa.


Major European stock indexes closed down across the board, with Germany's DAX index down 0.10% to 20405.92, France's CAC40 index down 0.15% to 7409.57, and Britain's FTSE 100 index down 0.14% to 8300.33.Us treasury secretary yellen: don't interfere with the proper supervision of bank capital, liquidity and risk taking to ensure the soundness of the banking system.Fitch: It is expected that the freight cycle in the United States and Canada will begin to improve slowly in 2025.

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