The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.Spot gold stood at $2,710 per ounce, up 0.63% in the day.
According to the news of China Securities Industry Association on December 11th, on December 5th, the meeting of directors and all members of regional equity market professional committee of China Securities Association was held in Chongqing. The meeting studied and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee and the new "National Nine Articles" in the capital market, and studied and discussed the key work of the Committee. The main person in charge of the China Securities Association, the relevant persons in charge of the Second Market Division of the China Securities Regulatory Commission, Chongqing Local Financial Administration and Chongqing Securities Regulatory Bureau attended the meeting, and more than 60 staff members of CSI Technology, Chongqing Securities and Futures Association and Securities Industry Association and Committee members attended the meeting.The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.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.
Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14