The Prime Minister of Qatar and the Spanish Foreign Minister called to emphasize the need to safeguard Syrian national unity. On December 11th, local time, the Prime Minister and Foreign Minister of Qatar called the Spanish Foreign Minister Alvarez. Apart from bilateral relations, the two sides focused on the situation in Syria. The two sides stressed the need to safeguard Syria's national unity, promote an inclusive political process and achieve a peaceful transfer of power in accordance with UN Security Council Resolution 2254, and all parties in Syria should also strengthen efforts to protect civilians and combat terrorism. The two sides also exchanged views on the latest situation in Gaza.When the Fed became cautious about cutting interest rates, the inflation rate in the United States rose to 2.7% in November, and the inflation rate in the United States rose to 2.7% in November, which was in line with economists' expectations and higher than the level of 2.6% in October. The data highlights people's concerns about sticky inflation after inflation rose in October. It is widely expected that the Fed will cut interest rates by 25 basis points for the third time in a row next week, but the pace of interest rate cuts next year is uncertain, because the Fed is striving to achieve the dual mission of keeping the inflation rate close to 2% and maintaining a healthy labor market. As interest rates reach a more "neutral" level, that is, high enough to curb inflation but low enough to protect the labor market, officials have discussed slowing down the pace of interest rate cuts. They say that if we act too fast, inflation may stay above the 2% target, but if we act too slowly, the unemployment rate may rise sharply.The US CPI data is in line with expectations, and the euro zone bonds are basically flat.
Analysts commented on the US CPI in November: It is still a consensus that the Fed will cut interest rates by 25 basis points again. JOSH HIRT, a senior American economist at VANGUARD, said: "The US CPI data in November confirmed the market consensus that the Fed will cut interest rates by 25 basis points again. We are still paying close attention to the strength of the labor market and the potential inflationary stickiness of some components of inflation (housing and services) before 2025. "Polish and Estonian Prime Ministers held talks to discuss regional security and other issues. Polish Prime Minister Tusk met with Estonian Prime Minister michal in Warsaw on December 11th, local time. The two countries discussed the issues of aid to Ukraine, regional security and cooperation, and Poland's taking over the rotating presidency of the European Union. Michal pointed out at a news conference that it is necessary for NATO member countries to spend more than 2.5% of their gross domestic product (GDP) on defense, and Estonia has already exceeded 2% of GDP in 2022. Michal pointed out that NATO countries are still lacking in air defense and ammunition production capacity, which must be solved quickly. Tusk said that he shared the same attitude with michal on regional security and aid to Ukraine, and he hoped that the conflict between Russia and Ukraine could be ended in a way acceptable to all. (CCTV News)Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.
After the release of CPI data, the yield of US Treasury bonds fluctuated and fell, and the yield of 10-year Treasury bonds reported 4.236%. The yield of two-year US Treasury bonds fell to 4.149%, and the yield curve of 2/10 US Treasury bonds steepened to 8.7 basis points.After the publication of CPI in the United States, the probability that the Fed will cut interest rates by 25 basis points in December has almost been fully priced. According to CME's "Fed Observation", the probability that the Fed will keep the current interest rate unchanged by December is 2.3%, and the cumulative probability of cutting interest rates by 25 basis points is 97.7%. The probability of keeping the current interest rate unchanged by January next year is 1.7%, the probability of cutting interest rates by 25 basis points is 71.2%, and the probability of cutting interest rates by 50 basis points is 27.1%.Hershey's share price fell 5.2% before the market.
Strategy guide
12-13
Strategy guide
Strategy guide 12-13