Societe Generale rates strategists say 2027 budget negotiations are a key risk for the euro-area government bond market. Talks could refocus investors on fiscal strains and political uncertainty in countries such as Italy and Spain; the strategists recommend remaining short French sovereigns and modestly long Italian and Spanish sovereigns. Euro-area yields are near recent highs but remain within Societe Generale’s forecast range. They cite ongoing geopolitical risks, elevated oil and gas prices

Qianhai Shenzhen-Hong Kong modern service zone has implemented a 12-point financial support package for the low‑altitude economy, effective Sept. 1 this year through Dec. 31, 2028. The measures create a Qianhai low‑altitude economy zone on the Shenzhen Qianhai Equity Exchange Center’s specialized-and-innovative board and launch an “entry‑to‑board” (入板即贷) targeted financing service. Authorities will encourage listing preparation, compliance advisory and cross‑border capital services for low‑altitude firms and facilitate tiered access to multi‑layer capital markets, including Shanghai and Shenzhen main boards, ChiNext, the STAR Market and the Beijing Stock Exchange. The plan also backs faster NEEQ (New Third Board) approvals via a green channel. To address costly and hard-to-get financing at key links in the low‑altitude industrial chain, the measures introduce a credit risk‑sharing mechanism and encourage banks to develop product lines such as talent loans, R&D loans and low‑altitude industry cluster loans.

巴西财政部长：截至七月，我们在燃料补贴上花费了70亿雷亚尔。