News

Market news: The U.S. Treasury Department uses new technology to supervise lenders on the U.S.-Mexico border.

European Central Bank executive member Schnabel: Interest rates are likely to remain stable for a long time.

European Central Bank Executive Member Schnabel: I did not say that interest rates should be raised.

Canadian Imperial Bank of Commerce economist Avery Shenfeld: Canadian consumer conditions will be more stable in 2026.

Canadian Imperial Bank of Commerce: Despite improvements throughout 2025, Canadian consumers remain cautious in spending.

Canadian Imperial Bank of Commerce: After experiencing uncertainty in early 2025, Canadian consumer spending conditions have improved.

The German DAX30 index closed down 19.89 points, or 0.08%, at 24276.06 points on December 22 (Monday);The British FTSE 100 index closed down 38 points on December 22 (Monday) .72 points, a decrease of 0.39%, to 9858.70 points;The FCHI index closed down 30.31 points, or 0.37%, to 8121.07 points on December 22 (Monday);Europe The Stoxx 50 Index closed down 16.39 points, or 0.28%, at 5743.96 points on December 22 (Monday);The Spanish IBEX 35 Index closed down 9.0 points on December 22 (Monday). 28 points, a decrease of 0.05%, to 17160.52 points;Italy’s FTSE MIB Index closed down 178.05 points, or 0.40%, to 44579.50 points on December 22 (Monday).

ECB Executive Member Schnabel: At some point, we will need to raise interest rates again, but not in the foreseeable future.

The U.S. six-month Treasury bond auction as of December 22 - the winning interest rate was 3.485%, compared with the previous value of 3.50%.

The U.S. six-month Treasury bond auction as of December 22 - the bid-to-bid ratio was 3.18, compared with the previous value of 2.84.

The U.S. six-month Treasury bond auction as of December 22 - the winning interest rate allocation percentage was 44.33%, the previous value was 4.57%.

The U.S. three-month Treasury bond auction as of December 22 - the winning interest rate allocation percentage was 45.69%, compared with the previous value of 71.27%.

The U.S. three-month Treasury bond auction as of December 22 - the winning interest rate was 3.56%, compared with the previous value of 3.56%.

The U.S. three-month Treasury bond auction as of December 22 - the bid-to-bid ratio was 2.86, compared with the previous value of 2.68.

European Central Bank Executive Member Schnabel: I just think there are more inflationary forces at work than anti-inflationary forces.

ECB Executive Member Schnabel: No interest rate hikes should be expected now or in the foreseeable future.

According to the AXIOS website: Denmark summoned the US ambassador over Trump’s promotion of Greenland affairs.

According to CNBC: U.S. President Trump may appoint a new Federal Reserve Chairman in the first week of January next year, according to people familiar with the situation.

New York State Attorney General: Mercedes-Benz agreed to pay a $149.6 million settlement to U.S. states to resolve diesel emissions cheating investigations.

The U.S. retail sales report for November has been rescheduled to January 14.