The Nasdaq index just broke through the 19900.00 mark, and the latest report was 19900.89, up 1.09% in the day.Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.
The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.According to the news of China Securities Industry Association on December 11th, on December 5th, the meeting of directors and all members of regional equity market professional committee of China Securities Association was held in Chongqing. The meeting studied and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee and the new "National Nine Articles" in the capital market, and studied and discussed the key work of the Committee. The main person in charge of the China Securities Association, the relevant persons in charge of the Second Market Division of the China Securities Regulatory Commission, Chongqing Local Financial Administration and Chongqing Securities Regulatory Bureau attended the meeting, and more than 60 staff members of CSI Technology, Chongqing Securities and Futures Association and Securities Industry Association and Committee members attended the meeting.Bitcoin exceeded $99,000/piece, up 2.49% in the day.
Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Hershey's share price fell by about 4%.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14