This week, the personal pension expansion policy will be announced, "the time point may be December 12". It was learned from insiders that the personal pension expansion policy will be announced this week, "the time point may be December 12". According to industry insiders, the personal pension pilot will be fully liberalized in the near future, expanding from the original 36 pilot cities to the whole country. At the same time, personal pension fund products are also expanding, and some mature broad-based ETF-linked funds and broad-based index OTC products will add Y shares. (21 Finance)Goldman Sachs: CPI clears the way for the Fed to cut interest rates next week. It is expected that the policy will be gradually relaxed in the future. Whitney Watson, an analyst at Goldman Sachs: Today's CPI data clears the way for next week's interest rate cut. After today's data is released, the Fed will start a "silent period", and they still have confidence in the process of anti-inflation. We believe that the Fed will further gradually relax monetary policy in the new year.US officials said that the United States is focused on providing Ukraine with the air defense system it needs to defend against Russian missiles and drones.
Before the release of CPI in the United States, the probability of the Fed cutting interest rates by 25 basis points in December was 86.1%. According to CME's "Fed Observation", the probability of the Fed keeping the current interest rate unchanged by December was 13.9%, and the cumulative probability of cutting interest rates by 25 basis points was 86.1%. The probability of keeping the current interest rate unchanged by January next year is 10.6%, the probability of cutting interest rates by 25 basis points is 69.1%, and the probability of cutting interest rates by 50 basis points is 20.2%.Institution: The global rapeseed production reduction made the vegetable oil inventory decrease year-on-year, which supported the vegetable oil in Yuanyue. Chaotic Tiancheng Futures said that the excessive rapeseed import in the fourth quarter had supply pressure, the demand side was in the traditional consumption peak season and the low price difference between soybean oil and vegetable oil was conducive to vegetable oil consumption, which had short-term bottom support for vegetable oil. In the long run, the global rapeseed production reduction makes the vegetable oil inventory decrease year-on-year, which supports the vegetable oil in Yuanyue. Nanhua futures believes that, on the whole, the supply sources and channels of vegetable oil are gradually weakened by the restrictions on rapeseed imports. At present, due to the excellent cost performance of soybean oil at the consumer end, vegetable oil will not consider the extra increment caused by the market competition between oils and fats except the seasonal increase in consumption in the short term. However, since the subsequent inventory of vegetable oil is still fluctuating at a high level, considering the possibility of seeking demand from the competitive price of soybean oil, there will be a clear reverse correlation between the subsequent inventory and consumption of vegetable oil, while the supply consideration is relatively constant and inflexible.German Chancellor Angela Scholz: Calling on legislators to work together for the benefit of the people.
Traders increased their bets on the Fed's interest rate cut. After the CPI report was released, swap traders increased their bets on the Fed's interest rate cut before the end of 2025. They now predict that by that time, they will cut interest rates by 87 basis points, which means that the Federal Reserve will cut interest rates by 25 basis points next week. In 2025, there will be another two interest rate cuts of 25 basis points each time, which is less than the four times proposed by Fed officials in the latest quarterly bitmap in September.German Foreign Ministry spokesperson: I hope to provide consular assistance to German citizens arrested in Russia, but I don't have much hope.Guangdong, Hong Kong and Macao signed a new round of strategic agreement on the development of the accounting industry. On the 11th, Guangdong Institute of Certified Public Accountants, Hong Kong Institute of Certified Public Accountants, Hong Kong Association of Auditors of Listed Companies, Macao Accounting Professional Association, certified public accountants associations in nine cities in Greater Bay Area and 188 accounting firms in Guangdong, Hong Kong and Macao jointly signed the Strategic Agreement on the Development of the Accounting Industry in Guangdong, Hong Kong and Macao (2024). (Xinhua News Agency)
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
12-14