European Central Bank President Lagarde: Potential inflation and inflation continue to return to the target in the same direction. The weighted share price index of Taiwan Stock Exchange rose 1.2% to 23,170.25 points.
Market News: Doctors say Brazilian President Lula is fully capable of signing official documents.South Korean President Yin Xiyue: I only discussed the martial law plan with the Minister of National Defense. The declaration of martial law is an administrative act of the government and is not subject to judicial review.Christiansen, an analyst at Danske Bank: The restrictive hawkish tendency in ECB policy has been eliminated. However, there is no indication that the bank may cut interest rates sharply, and there is no indication that the terminal interest rate will fall. Carsten Brzeski, head of international macro business in the Netherlands: The European Central Bank decided to act safely today and cut interest rates by 25 basis points. No more mention of "restrictive" monetary policy, which means there will be more interest rate cuts in the future.
Spot gold fell by $5 in the short term and is now reported at $2,704 per ounce.The European Central Bank cut interest rates for the third time in a row to boost the sluggish economy. The European Central Bank cut interest rates for the third time in a row on Thursday, and hinted that with inflation approaching 2% and the economy in trouble, it will further cut interest rates next year. The deposit rate was lowered by 25 basis points to 3%, which was in line with the expectations of all but one of the analysts surveyed by Bloomberg. This makes the total easing range since June reach 100 basis points. In its statement, the European Central Bank abandoned the wording that the policy would be "fully restrictive for a necessary long time", indicating that its position has changed. "The Management Committee is determined to ensure that the inflation rate is sustainably stabilized at the medium-term target of 2%." The European Central Bank said on Thursday. "The central bank will adopt a method of relying on data and meeting one after another to determine the appropriate monetary policy stance."The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.
Strategy guide 12-13
Strategy guide 12-13