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2024-12-14 00:33:13

European Central Bank President Lagarde: The government should focus on reforms that promote growth.South Korean President Yin Xiyue: I only discussed the martial law plan with the Minister of National Defense. The declaration of martial law is an administrative act of the government and is not subject to judicial review.The gap between Italian and German government bond yields widened to 111 basis points, the highest level in a week.


Market News: Trump Group plans to cooperate with DAR GLOBAL to build Trump Tower in Riyadh, Saudi Arabia.Christiansen, an analyst at Danske Bank: The restrictive hawkish tendency in ECB policy has been eliminated. However, there is no indication that the bank may cut interest rates sharply, and there is no indication that the terminal interest rate will fall. Carsten Brzeski, head of international macro business in the Netherlands: The European Central Bank decided to act safely today and cut interest rates by 25 basis points. No more mention of "restrictive" monetary policy, which means there will be more interest rate cuts in the future.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)


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.Market News: Doctors say Brazilian President Lula is fully capable of signing official documents.European Central Bank President Lagarde: Reiterating the European Central Bank policy statement.

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