Market News: HSBC evaluates the retail banking business outside the UK and Hong Kong.Morgan Stanley raised the S&P global target price from $570.00 to $595.00.According to informed sources, Switzerland and the European Union reached a compromise on the issue of immigration. The "Swiss Agreement" includes a new version of the immigration protection clause.
French President's Office: The appointment of the Prime Minister was postponed until Friday morning.Germany's natural gas power generation reached its highest level since December 2022.The previous crude oil futures 2401 contract closed up 1.51% at 545.40 yuan/barrel. Shanghai Gold closed down 0.59% and Shanghai Bank closed down 1.67%.
The Danish central bank lowered its benchmark interest rate from 2.85% to 2.6%.The African Center for Disease Control and Prevention said that Congo will vaccinate children against Japanese monkeypox from next week.Expert: The Central Economic Work Conference has determined that the tone of monetary policy in 2025 is "moderately loose". Dong Ximiao, the chief researcher of Zhaolian and a part-time researcher at the Institute of Finance of Fudan University, believes that the Central Economic Work Conference has determined that the tone of monetary policy in 2025 is "moderately loose" not only because of the analysis of the current economic situation, but also because of the full consideration of external uncertainties and the planning of economic work next year. Looking forward to the follow-up, in 2025, moderately loose monetary policy can continue to exert its strength in three aspects, which is more forward-looking, effective and targeted. First, it is necessary to intensify counter-cyclical and cross-cyclical adjustment, make pre-adjustment in an unconventional way, let policy adjustment go ahead of the market curve, help the macro economy smooth out cyclical fluctuations and external shocks, and show forward-looking; Second, continue to reduce the RRR and interest rates. In 2025, the RRR can be lowered by 0.5 percentage points, the policy interest rate will be lowered by 50 basis points, and the LPR will be reduced by 25 basis points, thus ensuring more abundant liquidity in the total amount, moderately reducing costs and enhancing effectiveness; Third, make good use of the existing structural monetary policy tools, create new tools when necessary, enrich the "eighteen martial arts" in the toolbox, guide and support financial institutions to do the "five major articles", especially increase support for scientific and technological innovation, green development, consumer finance, etc., and reflect pertinence. (Xinhua Finance)
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
Strategy guide 12-13