Central Economic Work Conference: Appropriately raise the basic pension for retirees and raise the basic pension for urban and rural residents. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting decided to do a good job in the following key tasks next year. It is mentioned that we should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. We will implement special actions to boost consumption, promote low-and middle-income groups to increase income and reduce burdens, and enhance their spending power, willingness and level. Appropriately raise the basic pension for retirees, raise the basic pension for urban and rural residents, and raise the financial subsidy standard for medical insurance for urban and rural residents. Strengthen the expansion and implement the "two new" policies, innovate diversified consumption scenarios, expand service consumption, and promote the development of cultural tourism. Actively develop the starting economy, the ice and snow economy and the silver-haired economy. Strengthen top-down organization and coordination, and give greater support to the "two-fold" project. Appropriately increase investment in the central budget. Strengthen the coordination between finance and finance, and effectively promote social investment with government investment. Plan major projects in the Tenth Five-Year Plan as soon as possible. Vigorously implement urban renewal. Implement special actions to reduce the logistics cost of the whole society. (Xinhua News Agency)World Meteorological Organization: The possibility of La Nina in the next three months is more than 50%. The latest forecast released by the World Meteorological Organization on the 11th shows that the possibility of La Nina in the next three months is more than 50%. It is expected that the intensity of La Nina will be weak and the duration will be short. According to the introduction of the World Meteorological Organization, the current El Niñ o/Southern Oscillation (ENSO) index is in a neutral state, which is neither El Niñ o nor La Nina. According to the forecast, from December 2024 to February 2025, the possibility of changing from the current neutral state to La Nina phenomenon is 55%. The forecast also shows that from February to April 2025, the possibility of returning to neutral state is 55%. (Xinhua News Agency)Eurozone government bond yields barely changed, and eurozone government bond yields barely changed, after the European Central Bank cut interest rates by 25 basis points, as widely expected. Michael Brown of Pepperstone said in a report: "The interest rate cut was accompanied by a policy statement, which' copied and pasted' the policy guidance issued after the October meeting." The ECB reiterated that it would "follow the method of data dependence and successive meetings to determine the appropriate monetary policy stance." According to Tradeweb's data, after the interest rate was determined, the yield of two-year German government bonds was 1.941%, slightly lower than the previous 1.951%, while the yield of 10-year German government bonds was 2.130%, which was almost unchanged that day.
The dollar index DXY fell more than 20 points in the short term and is now reported at 106.58. Non-US currencies collectively rose, with GBP/USD of GBP rising by more than 20 points, EUR/USD of EUR/USD of EUR/USD rising by about 20 points and USD/JPY of USD/JPY rising by about 50 points.Spot gold hit $2,700 per ounce, down 0.65% in the day. COMEX gold futures fell more than 1.00% in the day and are now quoted at $2,729.00 per ounce.European Central Bank President Lagarde: Domestic inflation remains high. Inflation will fluctuate around the current level in the short term. Domestic inflation reflects the influence of wage pressure and service industry.
Taihe New Materials: At present, the domestic market share of the company's aramid 1414 products is about 50%. Taihe New Materials said on the interactive platform that the company realized the pilot test of aramid 1414 in 2008 and began to cultivate domestic and foreign markets, and realized industrial production and commercial operation in 2011. At present, the domestic market share of this product is about 50%.Iraqi security forces destroyed eight extremist strongholds in northern Iraq. On December 12, local time, the Iraqi Joint Operations Command issued a statement saying that Iraqi security forces are continuing to track and crack down on members of the extremist organization "Islamic State" in the country. Recently, in the hamlin Mountains in Kirkuk province, Iraqi security forces destroyed eight extremist strongholds, including personnel hiding places and weapons storage facilities. (CCTV News)European Central Bank President Lagarde: Economic growth is losing momentum.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14