Central Economic Work Conference: Strengthening Expectation Management and Promoting Policy Implementation and Expectation Guidance in Coordination. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting stressed that it is necessary to coordinate development and safety, do a good job in safety production, and effectively prevent and respond to social security incidents in a timely manner. Strengthen synergy, oppose departmentalism, and form a joint force for implementation. Strengthen the expected management, promote policy implementation and expected guidance in coordination, and enhance policy guidance and influence. At the same time, we should accurately grasp the situation of the world, the country, the party and the society, strengthen strategic planning, and formulate suggestions for the 10 th Five-Year Plan of the Central Committee. (Xinhua News Agency)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.American stock index futures maintained a downward trend, with S&P 500 E-MINI futures down 0.3%, Nasdaq futures down 0.6% and Dow Jones futures down 0.1%.
Royal Bank of Canada: The European Central Bank may move towards negative real interest rate. Royal Bank of Canada BlueBay Asset Management said that the European Central Bank may cut the interest rate below 2% next year, which the agency estimated to be a short-term neutral interest rate. Kaspar Hense, senior portfolio manager of the institution, said in a report that the core inflation rate is expected to be around 2.5% in the first half of 2025, which means that the real interest rate will be negative. He said that under the influence of unfavorable factors such as trade, continuous competitive pressure from other countries and financial problems, this should play a moderate supporting role in the economy.Market news: STARBOARD VALUE shares in bitcoin mining company RIOT.European Central Bank President Lagarde: Economic growth is losing momentum.
German Finance Minister: We need to work together on initiatives to strengthen the European economy.Market News: Japan and the United States are looking for technologies to counter the threats of biology and misinformation.European Central Bank President Lagarde: Potential inflation and inflation continue to return to the target in the same direction.
Strategy guide
Strategy guide 12-14
Strategy guide
Strategy guide 12-14