After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.Deutsche Bank: MARCUS CHROMIK was appointed as Chief Risk Officer.
European Central Bank President Lagarde: The government should focus on reforms that promote growth.Market news: the agency said that the number of people applying for unemployment benefits in the United States jumped to the highest level in two months, but it was still at a low level.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.
Central Economic Work Conference: Keep the RMB exchange rate basically stable at a reasonable and balanced level. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed to implement a moderately loose monetary policy. Give full play to the dual functions of the total amount and structure of monetary policy tools, reduce the RRR and interest rates in a timely manner, maintain sufficient liquidity, and match the scale of social financing and the growth of money supply with the expected goals of economic growth and overall price level. Keep the RMB exchange rate basically stable at a reasonable and balanced level. Explore and expand the macro-prudential and financial stability functions of the central bank, innovate financial instruments, and maintain the stability of the financial market.European Central Bank President Lagarde: Reiterating the European Central Bank policy statement.The director of the Federal Aviation Administration will step down on Trump's swearing-in day, and the director of the Federal Aviation Administration (FAA) plans to step down on January 20, Trump's presidential swearing-in day. In a letter to employees issued by the FAA Information Office, Michael Whitaker announced his decision to leave. Whitaker has only been in office for more than a year. In October 2023, his nomination as director of FAA was unanimously approved by the Senate. Mark House, Assistant Director of Finance and Management of FAA, will serve as Acting Deputy Director.
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14