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.The S&P 500 index opened up 0.5%, while the Nasdaq 100 index rose 0.9%.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.
The Israeli army claimed to have attacked "most of Syria's strategic arsenals" in the past 48 hours. The Israel Defense Forces said on the 10th that hundreds of attacks were carried out in Syria in the past 48 hours, hitting most of Syria's strategic arsenals. In terms of ground operations, the Israeli army claimed to have attacked more than 130 arsenals and military buildings in Syria. On the naval side, Israeli warships attacked two naval ports in Syria where 15 ships docked, and the Israeli army destroyed dozens of ship-to-ship missiles. On the air force side, Israeli warplanes have flown in Syrian airspace for hundreds of hours and carried out more than 350 air strikes, targeting a wide range, including air defense positions, air force airports and dozens of weapons production facilities in Damascus and Homs, destroying Scud missiles, cruise missiles, fighter planes, tanks, radars and other weapons and equipment. (CCTV)Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.
Bitcoin exceeded $99,000/piece, up 2.49% in the day.The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
12-14