Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.French caretaker government proposed a "special law" to prevent the lockout. French caretaker government spokesman Maud Bregeon said on the 11th that the caretaker cabinet meeting held that day proposed a draft "special law" on the 2025 budget to prevent the government from falling into lockout due to funding problems, and the draft will be submitted to Parliament for deliberation next week. Bregeon said that the meeting of the day was presided over by President Macron, and the draft "special law" was designed to ensure that the government could continue to operate in the event of the temporary absence of the 2025 budget. (Xinhua News Agency)Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.
The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).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.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.
Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.CEO of Bank of America: The prospect is "stable and positive".
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13