US market outlook: even though US 10-year bond yields fell to around 3.87% at one point, US stocks were soft, and the Dow average started at a depreciation of 37 dollars

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Red Sea merchant shipping attacks pose new risks to the global economy — due to rising prices and shipping delays
The attack on merchant ships in the Red Sea involved in the battle between Israel and the Islamic organization Hamas will lead to delays in transportation and rising prices of goods, and there is a risk that it will bring new inflationary risks to the economy.

Global bonds are rising, interest rate cuts are being observed as the UK inflation rate falls
Traders strengthened their interest rate cuts next year in response to the fact that the UK's inflation rate fell below expectations, and global bond prices rose. Germany's 10-year bond yield fell below 2% for the first time since March, and has been at a low level since April in the UK. The 10-year US Treasury yield fell to a low level for the first time in 5 months.

US 30-year mortgage interest rate falls to 6.83% - low level since June
US mortgage interest rates have been falling for 5 consecutive weeks, and have reached a low level since June. According to data from the American Association of Mortgage Loan Banks (MBA), the 30-year fixed mortgage interest rate for the week ending 15th fell by 24 basis points (bp, 1 bp = 0.01%) to 6.83%. Interest rates on 5-year variable mortgages have also declined.

UK inflation slackens to 3.9% in November — lowest level in over 2 years
The UK inflation rate fell far short of market expectations last month and reached its lowest level in over two years. There was a widespread view among traders that the Bank of England (British Central Bank) was forced to withdraw its policy of maintaining interest rates at a high level for a long period of time.

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Distribution source: Bloomberg