After the US PPI and initial application data were released, the price of gold dropped further. After the US PPI and initial application data exceeded expectations, the price of gold continued to decline. Paul Ashworth, a macro analyst at Kaitou, said: "The components of PCE favored by the Federal Reserve are generally weak, and the CPI data released yesterday indicate that the monthly rate of core PCE will only increase slightly by 0.03%. Now it seems that the Fed is more likely to continue to cut interest rates by 25 basis points next week. " At the same time, the number of initial jobless claims increased by 17,000 last week, the highest level since mid-October last year, while economists expected a decrease of 4,000 to 220,000.After the US PPI and initial application data were released, the price of gold dropped further. After the US PPI and initial application data exceeded expectations, the price of gold continued to decline. Paul Ashworth, a macro analyst at Kaitou, said: "The components of PCE favored by the Federal Reserve are generally weak, and the CPI data released yesterday indicate that the monthly rate of core PCE will only increase slightly by 0.03%. Now it seems that the Fed is more likely to continue to cut interest rates by 25 basis points next week. " At the same time, the number of initial jobless claims increased by 17,000 last week, the highest level since mid-October last year, while economists expected a decrease of 4,000 to 220,000.The concept of cryptocurrency in US stocks strengthened collectively at the beginning of the session, with Hut 8 and Riot Platforms rising by more than 8%, Bitdeer rising by more than 6%, TeraWulf and CleanSpark rising by more than 3%. In the news, US President-elect Trump announced that he would do some great things in the field of cryptocurrency.
Wu Yaping, Research Fellow, Investment Research Institute, National Development and Reform Commission: Enhance the consistency of macro-policy orientation and give full play to the combination of different policy tools. The Central Economic Work Conference proposed to integrate economic policies and non-economic policies into the consistency assessment of macro-policy orientation, coordinate the whole process of policy formulation and implementation, and improve the overall effectiveness of policies. In this regard, Wu Yaping, a researcher at the Investment Research Institute of the National Development and Reform Commission, said that to enhance the consistency of macro-policy orientation, it is necessary to strengthen and improve the evaluation of macro-policy consistency, give full play to the combined force of more active fiscal policy and moderately loose monetary policy, and give play to the combined role of different policy tools. It can be understood as "three plus": increasing fiscal and monetary policies, strengthening support for "duality" and "two innovations", and strengthening efforts to prevent and resolve risks in key areas. "The external environment will face greater uncertainty next year. We must adhere to' taking me as the main factor', strengthen the research on reserve policy, and fight for preparation." Wu Yaping said. (SSE)Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.Korean media disclosed the details of the State Council meeting before and after the emergency martial law. According to Yonhap News Agency, the South Korean Ministry of Administration and Security disclosed the relevant information provided by the Presidential Palace on December 11th about the meeting to declare emergency martial law and lift martial law. According to the data, Premier Han Dezhu said that all State Councillors attending the State Council meeting on the evening of the 3rd of this month expressed their opposition to the martial law proposed by President Yin Xiyue, and believed that martial law would have a serious impact on the Korean economy and credit, and would not be accepted by the people. (CCTV International News)
The main force of Brent crude oil futures fell by 1.01% in the day to 72.80 US dollars/barrel.Dingshi Capital: Liu Yundi was appointed as an executive director, and Dingshi Capital (00804) announced that Ms. Liu Yundi had been appointed as an executive director, effective from December 12, 2024.The main force of Brent crude oil futures fell by 1.01% in the day to 72.80 US dollars/barrel.
Strategy guide
Strategy guide
Strategy guide