German 2-year bond yields rose by 1 basis point to 1.96%.WTI crude oil futures fell below $70/barrel, down 0.43% in the day; Brent crude oil fell 0.43% in the day to $73.05/barrel.Central Economic Work Conference: Effectively loosen the burden on the grass-roots units, so that cadres who want to be officers and know how to be officers can be officers and get things done. The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting stressed that it is necessary to strengthen the party's leadership over economic work, persist in doing things first, enhance confidence, face difficulties, and work hard to ensure that the decision-making arrangements of the CPC Central Committee are implemented. It is necessary to strengthen positive incentives and stimulate the endogenous motivation of entrepreneurs. Effectively loosen the burden on the grassroots, so that cadres who want to be officers and officers can be officers and do things. Unswervingly punish corruption and maintain a fair and just market environment and a clean and honest business environment. Persist in seeking truth from facts and being pragmatic, and resolutely oppose formalism and bureaucracy that are keen on showing up to the top, not being responsible for the bottom, and not considering actual results. (Xinhua News Agency)
Israel used drones to attack the town of Shyam, a major town in southern Lebanon. On the 12th, local time, the reporter of the General Station learned that Israel used drones to launch an attack in the town of Shyam, a major town in southern Lebanon. Preliminary reports show that some people were injured in the incident. (CCTV News)Market News: Japan and the United States are looking for technologies to counter the threats of biology and misinformation.Ceng Gang, Shanghai Finance and Development Laboratory: Judging from the economic situation and policy space, it is still possible to lower the RRR and cut interest rates in the future. The Central Economic Work Conference proposed to implement a moderately loose monetary policy. In this regard, Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory, said that the tone of "moderately loose" monetary policy is in the same strain as that of Politburo meeting of the Chinese Communist Party. China's monetary policy has been adjusted from "steady" to "moderately loose", aiming at boosting economic growth and alleviating downward pressure through a more active monetary policy, while providing support for key areas and structural adjustment. In response to the expression of "timely RRR cuts and interest rate cuts", Ceng Gang believes that from the current economic situation and policy space, it is still possible to implement RRR cuts in the future, especially in targeted cuts to required reserve ratios, to release long-term liquidity; The possibility of interest rate cuts is also greater, and it is expected that a one-time large-scale interest rate cut will be implemented at the end of this year or early next year. (SSE)
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)Market News: The Director of the Federal Aviation Administration will step down on January 20th.US President-elect Trump: If it cannot be approved, it is not excluded to use recess appointments to fill cabinet vacancies. It is "possible" to veto the budget or appropriation that does not conform to the newly established government efficiency department.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
Strategy guide
12-14