1. Investment Company Institute (ICI): In the six days ending December 23, total assets in U.S. money market funds increased to $7.67 trillion. 2. Japanese Prime Minister Sanae Takaichi: New Japanese government bond issuance in the next fiscal year

2025-12-25

1. Investment Company Institute (ICI): In the six days ending December 23, total assets in U.S. money market funds increased to $7.67 trillion. 2. Japanese Prime Minister Sanae Takaichi: New Japanese government bond issuance in the next fiscal year will reach ¥29.6 trillion; the total budget for fiscal year 2026 will be approximately ¥122.3 trillion. 3. Japan plans to reduce the issuance of ultra-long-term government bonds in fiscal year 2026 to approximately ¥17 trillion, the lowest level in 17 years. 4. The Japanese government raised its forecast for real GDP growth in fiscal year 2025 from 0.7% to 1.1%, and its forecast for real GDP growth in fiscal year 2026 from 0.9% to 1.3%. 5. Bank of Japan Governor Kazuo Ueda: Underlying inflation is steadily approaching 2%. If our baseline forecast is achieved with improvements in the economy and prices, the Bank of Japan is likely to continue raising interest rates. 6. The Central Bank of Peru bought $137 million in the foreign exchange market. 7. Statistics Zimbabwe: December's local currency inflation rate was 0.2% month-on-month and 15.0% year-on-year. 8. Bank of Korea: The Bank of Korea will remain open to further interest rate cuts next year, while remaining vigilant about financial stability risks posed by the weakening won and rising housing prices. Given the increased volatility in the foreign exchange market, the central bank will strengthen monitoring and is prepared to implement market stabilization measures in the event of excessive volatility or herd behavior. 9. According to China Foreign Exchange Trading System, the onshore yuan broke through the 7.01 mark against the US dollar, reaching a new high since September 27, 2024. According to Sina.com, the offshore yuan also broke through the 7.0 mark against the US dollar.