CapitaMacro: The new French Prime Minister has a long way to go. Jack Allen-Reynolds, an analyst at CapitaMacro, wrote in a report to clients that if the new French Prime Minister wants to form a government and solve the country's troubled financial problems, he will face arduous tasks. Francois bayrou, a veteran centrist politician, was appointed as prime minister by President Macron on Friday. He must now form a government because his short-lived predecessor, Michelle Banier, tried to force through budget legislation and was overthrown by the National Assembly. Bayrou may face the same battle. Reynolds said: "The government seems unlikely to have the will and ability to solve France's financial problems." France's budget deficit this year will further expand, further exceeding the level that European authorities think can be tolerated.USD/CAD of USD/CAD once rose by 0.2%, hitting a four-and-a-half-year high of 1.4244.Institution: The European Central Bank is paying attention to the weakness of the euro. The European Central Bank said yesterday that inflation is slowing down and hinted that it will cut interest rates again. However, Joost Van Leenders, an analyst at Van Lanschot kemen, said in a report that the European Central Bank will pay close attention to the recent weakness of the euro. As the import price rises, a weak currency may push up inflation. The senior investment strategist said that since the current deposit interest rate in the euro zone is 3% and the neutral interest rate is around 2%, the European Central Bank will cut interest rates at least four times. However, European Central Bank President Lagarde stressed that the inflation risk is two-sided.
The main contract of Shanghai Nickel fell by 2.00% in the day, and it is now reported at 126,700.00 yuan/ton.Zhao Xiongwen, a famous expert in communication field and a professor at North China Electric Power University, died of illness at the age of 61. (澎湃)Zhao Xiongwen, a famous expert in communication field and a professor at North China Electric Power University, died of illness at the age of 61. (澎湃)
Faba Bank: The Fed will formulate policies in consideration of inflation risks. Economists at Faba Bank wrote that it may be difficult for Fed officials to formulate and discuss monetary policies "without being involved in the debate on President-elect Trump's potential economic policies". They expect FOMC to cut interest rates by 25 basis points next week, as reflected by the market. They added that Federal Reserve Chairman Powell "may use the press conference to provide options for further relaxing the suspension of monetary policy." They don't expect him to directly comment on Trump's policies, "but FOMC will formulate policies consistent with managing high inflation risks," economists said.Spot palladium fell more than 2.00% in the day and is now reported at $957.09 per ounce.Morgan Stanley raised Broadcom target price from $180.00 to $233.00.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14