The handover ceremony was held at the French Chancellery. francois bayrou officially became the prime minister. The handover ceremony was held at the French Chancellery on the afternoon of December 13th, local time. francois bayrou officially succeeded Michel Banier as the prime minister of the French government. Earlier in the day, French President Macron appointed francois bayrou as the new French Prime Minister.London cocoa futures rose more than 4% to 8516 pounds a ton.European members of NATO are considering increasing the proportion of military expenditure. On December 12th, the Financial Times reported that some European members of NATO are considering increasing the proportion of national defense expenditure in their gross domestic product (GDP) from the current 2% to 3%, which will bring budgetary pressure to many European countries.
Funds continue to enter the market through the channel. The net subscription of stock ETFs exceeded 36.5 billion in the month. Since December, funds have continued to enter the market through stock ETFs (transactional open index funds). The data shows that as of December 13, the net subscription share of stock ETFs in the month reached 36.543 billion. From the perspective of specific capital flow, broad-based ETFs attract gold strongly, and many CSI A 500 ETFs and CSI 300ETF are actively subscribed by investors. In addition, dividend ETFs are also net subscribed by investors. (Securities Daily)Japanese yen moves towards the longest losing streak since June. Traders bet that the Bank of Japan will stay put and the yen will move towards the longest losing streak against the US dollar since June. Traders bet that the Bank of Japan will not raise interest rates next week. The yen continued to fall on Friday, falling 0.7% against the US dollar to 153.72 yen, the lowest level since November 26th. The yen has fallen for the fifth day in a row, and is heading for the worst weekly performance in more than two months. Earlier this week, it was reported that the Bank of Japan thought that it would not pay a huge price to wait until January or later, because there were signs that there was little risk that inflation might exceed the target. It is reported that officials are still open to taking action next week, depending on data and market trends.Russia's GDP in the third quarter increased by 3.1% year-on-year, in line with expectations.
The Russian Defense Ministry said that within one week (December 7-13), the Russian army eliminated 12,090 Ukrainian troops in a special military operation against Ukraine.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.Francois bayrou, the new French Prime Minister: I want to say something very simple. First of all, no one else knows the difficulty of the current situation better than me.
Strategy guide
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14