Under the expectation of the central bank's interest rate, the pound/euro rose to a high of more than two and a half years, and the pound/euro once rose to a high of more than two and a half years, because investors expected the European Central Bank to cut interest rates on Thursday and provide some dovish guidance, while the Bank of England is expected to maintain its current policy next week. Earlier, some media quoted Bank of England Governor Bailey as saying that the Bank of England had included four interest rate cuts in 2025 in the latest economic forecast. Another analyst predicts that US tariffs will harm the euro zone economy and the euro. However, as Bank of England Commissioner Greene said, its impact on Britain is still unclear. Jane Foley, senior foreign exchange strategist at ABN amro, said: "This raises the question of whether the pound can reach the level before the Brexit referendum in the foreseeable future." Before the Brexit referendum, the trading range of the euro against the pound was mainly below 0.80. "We expect that the euro will face pressure next year, which may keep the euro/pound on a slow downward track. This shows that the level before Brexit may appear quietly. "Guolian Securities: The Shanghai Stock Exchange plans to review the acquisition of Minsheng by Guolian on December 17. Guolian Securities announced that the company plans to issue A shares to purchase 99.26% of Minsheng Securities and raise matching funds. This transaction constitutes a major asset reorganization and constitutes a related party transaction, which does not constitute a reorganization and listing. According to the Announcement of the 6th Review Meeting of M&A Review Committee of Shanghai Stock Exchange in 2024, the M&A Review Committee of Shanghai Stock Exchange is scheduled to hold the 6th Review Meeting of M&A Review Committee in 2024 on December 17th, 2024 to review the company's application for this transaction.General Administration of Customs: In the first 11 months, automobile exports were 762.97 billion yuan, up by 16.9%. According to the data of General Administration of Customs, in the first 11 months, China exported 13.7 trillion yuan of mechanical and electrical products, up by 8.4%, accounting for 59.5% of China's total export value. Among them, automatic data processing equipment and its parts and components were 1.33 trillion yuan, an increase of 11.4%; 1.03 trillion yuan of integrated circuits, up by 20.3%; Mobile phones reached 874.45 billion yuan, down by 0.9%; Automobile was 762.97 billion yuan, up by 16.9%. In the same period, the export of labor products was 3.84 trillion yuan, an increase of 3.2%, accounting for 16.7%. Among them, clothing and clothing accessories were 1.03 trillion yuan, an increase of 0.9%; Textiles were 915.96 billion yuan, up 6%; Plastic products reached 681.09 billion yuan, up 6.9%. The export of agricultural products was 657.34 billion yuan, up by 4.6%. (General Administration of Customs)
US natural gas futures fell 3.00% in the day and are now reported at $3.086/million British heat.AuAg Funds: It is estimated that the target price of gold in 2025 is 3,000-3,300 US dollars per ounce. Eric Strand, CEO of AuAg Funds, said in an interview with the media on Tuesday that the target price of gold in 2025 is expected to be 3,000-3,300 US dollars per ounce. Eric Strand said that in 2024, the price of gold exceeded market expectations, hitting $2,790 per ounce in October, although the market has since fallen back. He stressed that the central bank's interest rate cuts and continued inflation will push the price of gold to 3,000-3,300 US dollars per ounce in 2025. The change of gold/silver ratio shows that the price of silver still has the potential to continue to rise. He also said that regional tensions, persistent inflation and consumption growth of the middle class in emerging markets will continue to push gold and silver prices higher.Textile City: It plans to invest 917 million yuan to build a cultural block project of the Textile Museum. The Textile City announced that the company plans to obtain the right to use state-owned construction land in Keqiao District, Shaoxing City, Zhejiang Province by open bidding and invest in the construction of the cultural block project of the Textile Museum, with a total investment of 917 million yuan.
Textile City: It is planned to sign the Entrusted Operation and Management Agreement with related parties. Textile City announced that the company plans to sign the Entrusted Operation and Management Agreement with Shaoxing Keqiao District Development and Management Group Co., Ltd. In 2023, the amount of daily related transactions between the company and the development and operation group was 4,449,600 yuan, and the estimated amount of daily related transactions in 2024 was 4,750,000 yuan. The renovation cost of the exhibition center is about 50 million yuan. After the renovation, it is estimated that about 200 business rooms can be renovated, and the total income during the 20-year operation period is about 994 million yuan.Netanyahu testified in court for the first time, and Israeli Prime Minister Benjamin Netanyahu is scheduled to testify in court for the first time in three corruption cases in which he is the defendant on the 10th local time. It is the first time in Israel that the current Prime Minister has been charged with a crime. The Associated Press reported that Netanyahu will attend the trial three days a week, and each trial will last for several hours. While attending the trial, Netanyahu has to take into account the war in Gaza, maintain a fragile ceasefire with Hezbollah and deal with threats from the wider Middle East. According to reports, the court expects to make a judgment on the above cases as early as 2026, and Netanyahu can appeal against the judgment. According to Israeli law, unless he pleads guilty, the Prime Minister does not have to resign due to judicial trial, and his post will not be affected during the appeal.General Administration of Customs: In the first 11 months, the import and export of private enterprises was 21.99 trillion yuan, accounting for 55.3% of China's total foreign trade. According to the data of the General Administration of Customs, in the first 11 months, the import and export of private enterprises was 21.99 trillion yuan, up 8.7%, accounting for 55.3% of China's total foreign trade, up 2 percentage points over the same period last year. Among them, the export was 14.86 trillion yuan, up 9.2%, accounting for 64.5% of China's total export value; Imports amounted to 7.13 trillion yuan, up 7.9%, accounting for 42.6% of China's total import value. In the same period, the import and export of foreign-invested enterprises reached 11.67 trillion yuan, up by 1.1%, accounting for 29.3% of China's total foreign trade. Among them, exports were 6.36 trillion yuan, an increase of 2.1%; Imports reached 5.31 trillion yuan, down 0.1%. The import and export of state-owned enterprises was 6.04 trillion yuan, down 0.7%, accounting for 15.2% of China's total foreign trade. Among them, the export was 1.79 trillion yuan, an increase of 3.9%; Imports were 4.25 trillion yuan, down 2.5%. (General Administration of Customs)
Strategy guide
12-13
Strategy guide
12-13
Strategy guide 12-13