Navigation warning Military training was conducted in some sea areas of the South China Sea, and the Qinglian Maritime Safety Administration issued a navigation warning. From December 16 to 18, from 18: 00 to 20: 00 every day, military training was conducted in some sea areas of the South China Sea, and entry was prohibited. (Website of China Maritime Safety Administration)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.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.
Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Mackler, Governor of the Bank of Canada: The current policy focus is to keep inflation close to the target. Mackler, Governor of the Bank of Canada: Due to the sales tax holiday, the overall rate is expected to slow down to 1.5% in January. We will focus on core inflation indicators to help us evaluate CPI trends. It is expected that the inflation rate will drop at the end of the sales tax holiday. The current policy focus is to keep inflation close to the target. We hope to see economic growth accelerate to absorb unused capacity in the economy and keep the inflation rate at around 2%.Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.
US officials say that Russia may soon launch another hypersonic missile into Ukraine.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide