Spot gold fell below $2,680 per ounce, down 1.38% in the day. COMEX gold futures fell 2.00% in the day and are now reported at $2701.50 per ounce.CITIC Securities: It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. CITIC Securities Research Report believes that the Central Economic Work Conference will be held in Beijing. On the whole, the policy level is fully aware of the grim situation that external pressure may increase significantly within next year, and has put forward a series of requirements such as stable growth, stable prices, stable employment and stable people's livelihood. From the perspective of fiscal policy, the amount of financial instruments supporting the real economy will be comprehensively increased, the government's disposable financial resources will be significantly improved, and the fiscal expenditure structure will be tilted to the marginal consumption of people's livelihood. From the perspective of monetary policy, the meeting called for the implementation of a moderately loose monetary policy, timely lowering the RRR and cutting interest rates. We expect the reverse repo rate to drop by 40-50bps next year, and the LPR and loan interest rates may drop even more.Fitch Global Shipping predicts that the performance of each sub-industry will grow steadily, but it will be partially offset by the downward trajectory of container shipping in 2025.
American natural gas futures rose by 3.00% in the day and are now reported at $3.480/million British heat.U.S. National Security Adviser Sullivan said that the Israeli elimination of Hamas leaders will also help promote the ceasefire negotiations to achieve results.Market News: HSBC evaluates the retail banking business outside the UK and Hong Kong.
Intel executives: TSMC is the benchmark expected by the industry.Gaza Media Office: Thirteen aid workers were killed in the Israeli attack. On the 12th, local time, the Gaza Media Office announced that the Israeli army killed 13 aid workers in the attack on the Gaza. Up to now, Israel has launched 144 attacks on aid workers in this area, resulting in 722 deaths, including police and aid workers. The Ministry strongly condemned the crimes committed by Israel against the Palestinians and these aid workers, and called on the international community to condemn them.Western Digital's share price fell rapidly to 4%. Seagate technology turned down. Micron's decline expanded to 3.6%.
Strategy guide
Strategy guide 12-13