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.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: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.
Decoration is popular in year of the snake. With the approaching of the New Year, the sales of holiday decoration products in many places are beginning to heat up. The year of the snake Zodiac ornaments are the most popular among consumers, and almost every store puts year of the snake Zodiac ornaments in a conspicuous position. There are dozens of kinds of snake dolls and ornaments. According to the size and shape, the prices are slightly different, and the general prices range from 10 yuan to 30 yuan. (CCTV Finance)Central Economic Work Conference: Deepen the comprehensive reform of capital market investment and financing, and open up the blocking points of medium and long-term funds entering the market. The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting proposed to give play to the traction role of economic system reform and promote the implementation of landmark reform measures. High-quality completion of the deepening and upgrading of state-owned enterprise reform, the introduction of private economy promotion law. Carry out special actions to standardize law enforcement involving enterprises. Formulate guidelines for the construction of a unified national market. Strengthen supervision and promote the healthy development of platform economy. Make overall plans to promote the reform of the fiscal and taxation system and increase local independent financial resources. Deepen the comprehensive reform of investment and financing in the capital market, open up the blocking points of medium and long-term funds entering the market, and enhance the inclusiveness and adaptability of the capital market system.Wang Jing, National Endowment Insurance: Opening the market for individual pensions nationwide will usher in a period of historic policy opportunities, and the five departments jointly issued the Notice on the Full Implementation of the Individual Pension System. Wang Jing, head of the market channel department of the national pension insurance, said that after the individual pension is pushed nationwide, it is expected that the market will usher in a historic period of policy opportunities. All kinds of financial institutions will build differentiated and diversified product systems around people's diversified life-cycle pension financial needs, and provide comprehensive services with characteristics and quality, especially for flexible employees and new employment forms, which will further stimulate the whole society's active awareness of pension, accumulate pension financial funds and effectively promote the development of the real economy. (Securities Society)
Analyst Randow: The change in the wording of the European Central Bank shows that the ECB Committee has discussed the neutral interest rate. Otherwise, how can they decide what is restrictive and what is lenient? I am curious about what Lagarde will say next.CHRISTIAN MEUNIER was appointed as the chairman of NISSAN Americas.Trump was elected as Time Magazine's Person of the Year for the second time, and Time Magazine awarded Donald Trump, who is about to re-enter the White House, with the recognition of his amazing political comeback and his historic year of assassination attempt and felony conviction. This result also confirms the general expectation. Since Bush in 2000, the magazine has awarded this honor to the winner in every presidential election. Trump was also named the magazine's person of the year when he first won the US election in 2016.
Strategy guide 12-13
Strategy guide 12-13