European Central Bank President Lagarde: Labor cost growth will slow down.Central Economic Work Conference: Enhance people's sense of happiness and security, and implement employment support programs for key areas, key industries, urban and rural grassroots and small and medium-sized enterprises. The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting stressed that efforts should be made to ensure and improve people's livelihood and enhance people's sense of happiness and security. Implement employment support plans for key areas, key industries, urban and rural grassroots and small and medium-sized enterprises to promote the employment of key groups. Strengthen the protection of workers' rights and interests in flexible employment and new employment forms. We will implement policies to help industries and employment, ensure that large-scale return to poverty does not occur, and ensure the basic livelihood of people in need. Promote the high-quality and balanced development of compulsory education and solidly promote the expansion of high-quality undergraduate courses. Implement the medical and health foundation project and formulate policies to promote fertility. Develop community-supported home-based care for the aged and expand inclusive care for the aged. Adhere to and develop the "Fengqiao experience" in the new era and strengthen the public security system. (Xinhua News Agency)US President-elect Trump: We will reduce the corporate tax to 15%.
European Central Bank President Lagarde: Enterprises are curbing investment, exports are weak, and labor demand continues to weaken. The employment opportunities created are decreasing, so economic development should be strengthened, and the economic rebound is slower than expected.European Central Bank President Lagarde: The uncertainty brought by the next US administration is not within the forecast benchmark.European Central Bank President Lagarde: The impact of the US presidential election is still uncertain. European Central Bank President Lagarde: The impact of the US presidential election is still uncertain.
Apple's iOS 18.2 integrates ChatGPT or helps the future sales of iPhone 17. Citigroup maintains a "buy" rating. Citibank pointed out that the iOS 18.2 update released by Apple basically meets expectations and predicts that there will be more highlights in future updates. In the detailed analysis, Atif Malik, an analyst at Citigroup, said that some basic functions of Siri in the latest system version have been taken over by ChatGPT, but this did not affect his view on the phased introduction of Apple Intelligence functions. He thought that this strategy would not significantly change the difference between the update cycle of iPhone 16/17 and the previous cycle. Malik maintains a "Buy" rating on Apple and a target price of $255. For the future, Malik is optimistic about the update of iPhone 17, and predicts that Apple will achieve 227 million units, 246 million units and 253 million units in 2024, 2025 and 2026 respectively.Eurozone government bond yields barely changed, and eurozone government bond yields barely changed, after the European Central Bank cut interest rates by 25 basis points, as widely expected. Michael Brown of Pepperstone said in a report: "The interest rate cut was accompanied by a policy statement, which' copied and pasted' the policy guidance issued after the October meeting." The ECB reiterated that it would "follow the method of data dependence and successive meetings to determine the appropriate monetary policy stance." According to Tradeweb's data, after the interest rate was determined, the yield of two-year German government bonds was 1.941%, slightly lower than the previous 1.951%, while the yield of 10-year German government bonds was 2.130%, which was almost unchanged that day.The European Central Bank expects inflation to cool down faster. It is reported that the European Central Bank now expects inflation to cool down slightly faster than the forecast in September. It currently predicts that the average inflation rate in 2024 and 2025 will be 2.4% and 2.1% respectively, compared with the previous forecast of 2.5% and 2.2% respectively. In the statement, the European Central Bank also said: "The anti-inflation process is on the right track."
Strategy guide 12-14
Strategy guide 12-14