US National Security Adviser Sullivan: My goal is to reach a hostage exchange and ceasefire agreement (in Gaza) this month.Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.
The director of the Federal Aviation Administration will step down early on January 20th. On December 12th, local time, the Federal Aviation Administration said that the director of the Federal Aviation Administration, Mike Whitaker, will step down after President-elect Trump took office on January 20th. It is reported that Whitaker was confirmed for a five-year term in October 2023. In addition, Katie Thomson, deputy director of the Federal Aviation Administration of the United States, will step down on January 10th, and Mark House, assistant director of finance and management of the agency, will be the senior acting official of the agency during the transition period.Spot silver fell below $31 per ounce, down 2.82% in the day. COMEX silver fell 4.00% in the day and is now quoted at $31.65 per ounce.Tian Xuan, Dean of Tsinghua University National Institute of Finance and Professor of Finance: Comprehensive measures are taken to promote sustained and stable economic growth and high-quality development. The Central Economic Work Conference proposed that next year, we should persist in striving for progress while maintaining stability, promoting stability through progress, maintaining integrity and innovation, making innovations before breaking, systematically integrating and cooperating, enriching and improving the policy toolbox, and improving the foresight, pertinence and effectiveness of macro-control. In this regard, Tian Xuan, dean of Tsinghua University National Finance Research Institute and professor of finance, said that the meeting clarified the core strategy of economic work next year, emphasized the innovation, systematicness and coordination of policies, and reflected the decision-makers' accurate judgment on the economic situation and positive attitude towards new changes and challenges. Tian Xuan said that compared with the past, the current policy orientation is more positive, such as "moderately loose monetary policy" and "more active fiscal policy", paying more attention to innovation, while adhering to the basic principles and bottom line, exploring new working ideas, paying more attention to the systematic nature of policies, considering the mutual influence and synergistic effect between various policies and the coordination and cooperation between different departments and policies, and maximizing the policy effect through comprehensive policies to solve the outstanding problems currently facing and promote the economy. (SSE)
On average, the patients who won the bid from more than 6 enterprises for each drug can use the tenth batch of products won by the state in April next year. The reporter learned from the National Medical Insurance Bureau that the tenth batch of centralized drug purchase organized by the state has produced the results of the proposed bid, and 62 drugs have been successfully purchased, all of which have passed the patent period, and are produced by many enterprises and fully competitive. A total of 385 products from 234 enterprises were qualified to be selected, and on average, more than 6 enterprises of each variety planned to win the bid. In April next year, patients can use the bid-winning products after the price reduction of this centralized purchase.The Dow Jones Industrial Average was last reported at 44,200.59, up 0.12% in the day.The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.