Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "The US Department of Commerce listed two high-tech enterprises in China on the list of entities on the grounds of "human rights violations", and the Foreign Ministry responded that the Foreign Ministry of China held a regular press conference today (11th). At the meeting, the CCTV reporter asked questions. On December 10th, the US Department of Commerce listed two high-tech enterprises in China on the "entity list" on the grounds of "human rights violation". What is China's comment? In this regard, Mao Ning said that the so-called sanctions you mentioned are a blatant crackdown on China's high-tech enterprises under the guise of human rights, which further exposes that the US side's protection of human rights is false and depriving the China people of their right to development is true. This trick can't succeed. If the United States really cares about human rights, it should first make up its own human rights "debt", instead of politicizing and weaponizing human rights issues, interfering in other countries' internal affairs and harming other countries' interests everywhere. (CCTV News)The China Securities Association held a plenary meeting of the professional committee on securities brokerage, wealth management and asset management, which was held in Beijing on December 3rd. The meeting stressed that the securities industry should focus on its main business, optimize supply, improve its value creation ability, form a diversified financial product and service system suitable for the needs of various investors, and implement the strategic layout of "five big articles"; Adhere to the customer-centered, practice the development concept of finance serving the country and finance serving the people, and correctly handle the relationship between functionality and profitability; Actively serve the national strategic needs, optimize product design, innovate service models, and provide more long-term financial support for the real economy. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for 2025. In the next stage, the Committee will further play its role as a platform for communication, deliberation and handling affairs, unite industry consensus, guide the industry to focus on its main business, give full play to the functions of wealth managers, continuously improve its professional service capabilities, provide full chain services for investors' property preservation and appreciation, and help the high-quality development of the capital market.
Sources: Thailand's Cabinet approves the draft of the lowest corporate tax law in the world.Albertson terminated its merger with krogh and announced an increase in dividend and repurchase plan. albertson Company announced that it had exercised its right to terminate its merger agreement with krogh, because the US District Court in Oregon and the District Court in Washington issued an injunction on the proposed merger on December 10th. Vivek Sankaran, CEO of the company, commented: "In view of the recent decision of the federal and state courts to block the proposed merger between the company and krogh, we have made a difficult decision to terminate the merger agreement. We are very disappointed with the court's decision. " In addition, the board of directors of albertson Company plans to increase the quarterly cash dividend from $0.12 to $0.15 per share, and approved a stock repurchase plan of up to $2 billion.Kremlin: Actions in the Golan Heights and the buffer zone are unlikely to help stabilize the situation in Syria.
The probability of the Bank of Japan raising interest rates this month doesn't seem to increase the strength of the US/Japan again. Justin Low, an analyst at Forexlive, a financial website, said that the possibility of the Bank of Japan raising interest rates this month was very low from the beginning, and earlier today, the ratio was about 30%. There has just been a sudden report that some policy makers of the Bank of Japan may support raising interest rates in December, but they also think it is unnecessary to rush because they think the cost of waiting for raising interest rates is "very small". After this news, the possibility of the Bank of Japan raising interest rates further dropped to about 23%. This, in turn, led to buying against the yen, while the yen fell. In the initial reaction, USD/JPY once fell to a low of 150.99, but then rose to around 152.30.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.The Shanghai Stock Exchange approved the refinancing of Dizhe Medicine to support the development of new quality productivity. The announcement of Dizhe Medicine shows that the private placement plan of Dizhe Medicine in science and technology innovation board has been approved by the Shanghai Stock Exchange. This is the first time that the refinancing of unprofitable enterprises in Shanghai Stock Exchange has been approved since the issuance of the Eight Measures on Deepening science and technology innovation board's Reform, Service, Scientific and Technological Innovation and Development of New Productivity by CSRC. As a listed company with the fifth standard in science and technology innovation board, Dizhe Medicine's refinancing has been approved by Shanghai Stock Exchange, which reflects the institutional inclusiveness and support of the capital market for supporting new quality productivity and unprofitable technology-based enterprises with key core technologies, great market potential and outstanding scientific and technological attributes. Dizhe Medicine said that the company's refinancing will help the company to further accelerate product research and development and production base construction, create new quality productivity, implement major national strategies, promote products to the sea, and give scientific and technological impetus to the development of biomedical economy. (Sina Technology)
Strategy guide
Strategy guide 12-13