The promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong, and the promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong Convention and Exhibition Center on the 11th, aiming at further strengthening the economic and trade cooperation and exchanges between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, and contributing to the construction of Hainan Free Trade Port. At the event site, Ning Hongwen, president of Hainan Provincial Council for the Promotion of International Trade and Hainan International Chamber of Commerce, delivered speeches, saying that the promotion meeting would enable entrepreneurs of the two places to jointly explore new opportunities for economic and trade cooperation between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, share successful experiences of the industrial and commercial circles and seek common development. Xu Jinli, director of bilateral cooperation department of China International Chamber of Commerce, said that Hong Kong and Hainan should grasp the complementary and synergistic effects in supply chain, further promote in-depth cooperation in smart logistics, cross-border e-commerce and green supply chain, and inject more vitality into the joint development of Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port. (Xinhua News Agency)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.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.
The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.Market news: Russia may use new medium-range ballistic missiles to Ukraine.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.
Russian Presidential Press Secretary: The telephone conversation between Putin and Trump has not been prepared yet. On December 11th, local time, Russian Presidential Press Secretary peskov said that there is no telephone conversation between Russian President Putin and US President-elect Trump at present, and Russia is waiting for Trump's inauguration ceremony on January 20th next year. Peskov also said that at present, Russia has no plans to hold a summit meeting with Turkish and Iranian leaders on the Syrian situation, Putin's visit to Turkey "has not yet been finalized" and he is not ready to meet with Hungarian Prime Minister Orban. (CCTV News)Jiangling motors and Autoliv signed a strategic cooperation agreement. On December 11th, jiangling motors and Autoliv signed a strategic cooperation agreement in Nanchang, aiming at establishing a long-term and stable strategic partnership, and jointly laying out the global automobile industry field through a series of cooperation measures such as resource integration, technology sharing and sharing.Market analysis: The US CPI report is in line with expectations, and the stock market will breathe a sigh of relief. Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be further impacted. Everything is in line with expectations, and the stock market seems to breathe a sigh of relief, because this is another steady report with no surprises. The stock market seems to be ready for higher-than-expected data, but since there is no accident, the market is relieved. Although the short-term bond market has some reaction, the long-term bond market has no reaction.
Strategy guide 12-13
Strategy guide
Strategy guide 12-13