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The Economic Affairs Committee of the Brazilian Senate approved Isabella Correa as the head of institutional relations of the Central Bank.Institution: AUD/NZD may rebound in the coming months. Jane Foley, foreign exchange strategist of ABN amro, said in a report that AUD/NZD may rebound in the coming months, because the growth momentum of New Zealand's economy is far less than that of Australia. "The weakness of the New Zealand economy and the risk of further sharp interest rate cuts by the New Zealand Federal Reserve indicate that the fundamentals do not support the further performance of the New Zealand dollar against the Australian dollar." The New Zealand Federal Reserve cut interest rates by 50 basis points in November and hinted that it would cut interest rates further in 2025. The Reserve Bank of Australia kept interest rates unchanged on Tuesday. The Dutch cooperative bank predicts that the Australian dollar will rise from the current 1.0991 to 1.12 against the New Zealand dollar within three months.Dow Jones opened down 0.2%, S&P 500 rose 0.1%, Nasdaq rose 0.3%, Oracle Bone Inscriptions fell 7.8%, and Q2 revenue fell short of expectations. Data platform MongoDB fell 7.3%, CFO and COO will leave. Alaska Airlines rose 12.0% to buy back $1.1 billion in shares. Dada Group fell 2.5% and Mizuho lowered its target price to $3.50.

US Senate Majority Leader Schumer will meet with Secretary of State nominee rubio later today.The Economic Affairs Committee of the Brazilian Senate approved Isabella Correa as the head of institutional relations of the Central Bank.The US dollar index continued to rise, and non-US currencies generally fell. The US dollar index continued to rise, rising by 0.4% to 106.6 in the day. Non-US currencies generally declined, and GBP/USD of the pound against the US dollar now fell by 0.19% to 1.2726; The euro fell 0.5% against the US dollar EUR/USD to 1.0500 in a day; The USD/JPY broke the 152 mark against the Japanese yen, rising by about 0.4% in the day.

Market news: Vestis, a supplier of workplace supplies, is interested in acquisition by several acquisition companies.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.Alaska Airlines rose 12.59%, American Airlines rose more than 3.8%, Boeing rose about 3.1%, United Airlines and Delta Air Lines rose at least 1.4%, and Southwest Airlines fell more than 0.8%. The airline association predicts that the overall profit and operating income of the industry will increase slightly in 2025. Bernstein, a brokerage firm, upgraded the AAL rating of American Airlines, saying that the company's share price could rise by about 40%.