Italian 10-year bond yields rose 16 basis points to 3.35%, the biggest increase since April.BlackRock advises investors interested in bitcoin to allocate up to 2% bitcoin weight in their portfolios.Intel executives: Over time, we may sell some of our positions in Mobileye.
The International (Xiong 'an) Robot Industry Alliance was formally established. On December 12th, it was learned from the 2024 xiong'an new area Intelligent Robot Industry Development Conference held in xiong'an new area, Hebei Province that the International (Xiong 'an) Robot Industry Alliance and Xiong 'an Robot Innovation and Technology Research Institute were formally established. "As an important representative of the future industry, the intelligent robot industry is in a critical period of rapid development. The establishment of the International (Xiong 'an) Robot Industry Alliance will strongly promote the development of Xiong 'an robot industry, and the establishment of Xiong 'an Robot Innovation Technology Research Institute will provide strong technical support for the sustainable development of intelligent robot industry, marking a solid step in technology research and development and innovation of xiong'an new area robot industry. " Zhang Qin, former vice chairman of China Association for Science and Technology, said. (xinhuanet)Goldman Sachs analysts predict that the European banking industry will be in a difficult situation in 2025. The challenges they face include low interest rates, slow growth and prominent political uncertainty.Middle East Stock Market | On Thursday (December 12th), the all-share index of Saudi Stock Exchange closed down 0.41% to 12,099.33 points, up 1.40% this week. ARAMCO.AB closed down 0.35% to 28.45 Saudi riyals, up 1.79% this week. Albilad Southern Dongying MSCI Hong Kong China ETF listed in Saudi Arabia closed up 1.03% to 9.78 Saudi riyals, up 3.82% this week.
Expert: The Central Economic Work Conference has determined that the tone of monetary policy in 2025 is "moderately loose". Dong Ximiao, the chief researcher of Zhaolian and a part-time researcher at the Institute of Finance of Fudan University, believes that the Central Economic Work Conference has determined that the tone of monetary policy in 2025 is "moderately loose" not only because of the analysis of the current economic situation, but also because of the full consideration of external uncertainties and the planning of economic work next year. Looking forward to the follow-up, in 2025, moderately loose monetary policy can continue to exert its strength in three aspects, which is more forward-looking, effective and targeted. First, it is necessary to intensify counter-cyclical and cross-cyclical adjustment, make pre-adjustment in an unconventional way, let policy adjustment go ahead of the market curve, help the macro economy smooth out cyclical fluctuations and external shocks, and show forward-looking; Second, continue to reduce the RRR and interest rates. In 2025, the RRR can be lowered by 0.5 percentage points, the policy interest rate will be lowered by 50 basis points, and the LPR will be reduced by 25 basis points, thus ensuring more abundant liquidity in the total amount, moderately reducing costs and enhancing effectiveness; Third, make good use of the existing structural monetary policy tools, create new tools when necessary, enrich the "eighteen martial arts" in the toolbox, guide and support financial institutions to do the "five major articles", especially increase support for scientific and technological innovation, green development, consumer finance, etc., and reflect pertinence. (Xinhua Finance)CITIC Securities: It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. CITIC Securities Research Report believes that the Central Economic Work Conference will be held in Beijing. On the whole, the policy level is fully aware of the grim situation that external pressure may increase significantly within next year, and has put forward a series of requirements such as stable growth, stable prices, stable employment and stable people's livelihood. From the perspective of fiscal policy, the amount of financial instruments supporting the real economy will be comprehensively increased, the government's disposable financial resources will be significantly improved, and the fiscal expenditure structure will be tilted to the marginal consumption of people's livelihood. From the perspective of monetary policy, the meeting called for the implementation of a moderately loose monetary policy, timely lowering the RRR and cutting interest rates. We expect the reverse repo rate to drop by 40-50bps next year, and the LPR and loan interest rates may drop even more.Intel executives: I hope to cut $1 billion from "other sales costs".
Strategy guide
12-13
Strategy guide
12-13