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2024-12-14 12:35:21
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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.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%.The promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong, and the promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong Convention and Exhibition Center on the 11th, aiming at further strengthening the economic and trade cooperation and exchanges between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, and contributing to the construction of Hainan Free Trade Port. At the event site, Ning Hongwen, president of Hainan Provincial Council for the Promotion of International Trade and Hainan International Chamber of Commerce, delivered speeches, saying that the promotion meeting would enable entrepreneurs of the two places to jointly explore new opportunities for economic and trade cooperation between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, share successful experiences of the industrial and commercial circles and seek common development. Xu Jinli, director of bilateral cooperation department of China International Chamber of Commerce, said that Hong Kong and Hainan should grasp the complementary and synergistic effects in supply chain, further promote in-depth cooperation in smart logistics, cross-border e-commerce and green supply chain, and inject more vitality into the joint development of Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port. (Xinhua News Agency)


The China Securities Association held two meetings: to promote the standardized development of the regional equity market and actively promote the transformation of wealth management in the industry. According to the news released by the China Securities Association on December 11th, the meeting of the chairman and all members of the regional equity market professional committee of the China Securities Association was held a few days ago. The meeting introduced the work of the Committee in 2024, discussed the focus of the next stage, and exchanged experiences on specific issues such as research exchange and blockchain construction. Members attending the meeting unanimously stated that they will do a good job in the cultivation and standardized management of the capital market, actively guard against business risks, and promote the standardized and healthy development of the regional equity market.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.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)


CFO of Goldman Sachs: Deregulation by the US government will promote more business activities within the company.Putin: Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russian President Putin: Artificial intelligence technology should strengthen Russia's national defense capabilities. Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russia, BRICS countries and other countries have established artificial intelligence alliances to promote artificial intelligence cooperation.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.

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