European Central Bank President Lagarde: As we gradually approach the neutral interest rate, we will further discuss its related issues. The neutral interest rate may be slightly higher than before. We will discuss the neutral interest rate in due course.The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.
Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.The dollar index DXY fell 10 points in the short term and is now reported at 106.72.Yu Chengdong officially settled in Tik Tok. On December 12th, Yu Chengdong, managing director of Huawei, chairman of BG, and chairman of BU, a smart car solution, officially settled in Tik Tok. His account number has been completed with real name and obtained official certification. At present, the account has not released works yet, and the number of fans is rising rapidly. (Auto has a style)
The US dollar just broke through the 7.2700 yuan mark against the offshore RMB, and the latest report was 7.2689 yuan, down 0.12% in the day; The US dollar against the onshore RMB was recently reported at 7.2688 yuan, up 0.10% in the day.European Central Bank President Lagarde: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.
Strategy guide 12-13
Strategy guide