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Biden: We have restored full employment and successfully reduced inflation. US President Biden: We have restored full employment and successfully reduced inflation, and achieved a soft landing that most people think is unlikely to happen. Next month, my government will end and a new one will begin. Most economists believe that the new government will inherit a fairly strong economy, and at least for now, the economy is undergoing a fundamental transformation. It has laid a more solid foundation for sustainable and broad-based high productivity growth. I sincerely hope that the new government can retain and further develop this achievement on this basis. We have created more than 16 million new jobs, which is the largest number of new jobs in any presidential term in American history. This is the lowest average unemployment rate among all governments in the past 50 years. The stock market hit a record high. I wish I owned a lot of stocks. Worst of all, I admit that for 36 years, I have been listed as the poorest person in Congress.Wells Fargo lowered the target price of LyondellBasell from $105.00 to $95.00.Allianz's investment in national pension has been approved, and the pace of foreign investment in China's insurance market has accelerated. The State Financial Supervision and Administration recently approved the change of registered capital of national pension, and agreed that Allianz Investment Co., Ltd. will subscribe for 2% of the shares of national pension for about 284 million yuan, becoming the first foreign shareholder of national pension, thus increasing the registered capital of national pension to about 11.378 billion yuan. Since the beginning of this year, a number of foreign investors have increased the insurance market in China. Analysts said that this aspect shows that China's insurance industry has further deepened its opening to the outside world, providing a more relaxed policy environment for foreign investors to overweight China's insurance market; On the other hand, it shows that it has confidence in the development of insurance industry in China and will attract more foreign-funded institutions to enter the insurance market in China. (SSE)

The London Metal Exchange said it would revise Part 6 of the LME rulebook, namely the original nickel special contract rules.The U.S. Treasury allocated $20 billion in Ukrainian loan funds to the World Bank.The Israeli military said it attacked Syria's strategic weapons reserves.

A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)JPMorgan Chase's guidance on adjusting net interest income is now expected to exceed analysts' expectations. JPMorgan Chase changed the previous statement that analysts were too optimistic, saying that the bank now expects net interest income to exceed expectations next year. Marianne Lake, head of consumer and community banking in JPMorgan Chase, said at a financial services conference hosted by Goldman Sachs Group on Tuesday that this key income may be about $2 billion higher than the current estimate.The intraday increase of USD/CHF against the Swiss franc expanded to 0.50%, and it is now reported at 0.8831.