The probability of the Bank of Japan raising interest rates this month doesn't seem to increase the strength of the US/Japan again. Justin Low, an analyst at Forexlive, a financial website, said that the possibility of the Bank of Japan raising interest rates this month was very low from the beginning, and earlier today, the ratio was about 30%. There has just been a sudden report that some policy makers of the Bank of Japan may support raising interest rates in December, but they also think it is unnecessary to rush because they think the cost of waiting for raising interest rates is "very small". After this news, the possibility of the Bank of Japan raising interest rates further dropped to about 23%. This, in turn, led to buying against the yen, while the yen fell. In the initial reaction, USD/JPY once fell to a low of 150.99, but then rose to around 152.30.Xia Yiping issued an internal letter: the company will merge duplicate departments and cut unprofitable projects. Xia Yiping, CEO of Extreme Vietnam, communicated with all employees through video conference, frankly indicating that the company is currently experiencing difficulties, and the company needs to adjust immediately and enter the 2.0 stage of entrepreneurship. The management will go all out to tide over the difficulties with all employees. In the letter sent on the same day, Xia Yiping said that Jiyue Automobile will do well in four aspects when it enters the stage of entrepreneurship 2.0: insisting on long-term investment in core technologies to maintain its leading edge; Strengthen sales and service capacity building to cope with fierce market competition; Merge departments and posts with duplicate functions, change inefficient internal workflow, and cut projects that cannot improve financial performance in the short term. (Auto has a style)It is reported that the Bank of Japan thinks that it is no harm to raise interest rates later, but it does not rule out taking action in December. On December 11th, according to informed sources, officials of the Bank of Japan believe that it is not costly to raise interest rates later, and they are still open to taking action next week, depending on data and market trends. The authorities believe that even if the Bank of Japan decides to wait until January or later, it will not pay a huge price, because there are signs that there is little risk that inflation may exceed the target. They also said that if the December meeting proposed to raise interest rates, some officials would not object. According to people familiar with the matter, officials think it is only a matter of time to raise interest rates again, because the economy and inflation are in line with their forecasts. Before announcing the policy decision on December 19, officials will carefully evaluate the data and financial markets before making a final decision.
Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "HSBC is studying plans to cut costs by at least $3 billion. On December 11th, it was reported that HSBC Holdings was studying plans to cut costs by at least $3 billion. According to people familiar with the matter, HSBC told managers last week that its reform would not be completed until June 2025. These people said that the total cost savings are still in progress, but executives hope that this work will help them reduce their expenses by at least $3 billion.Jingmen, the Yiwei Lithium Energy Super Energy Storage Factory, was put into operation, with the largest production capacity in Central China. Following the opening and operation of Jingjing High-speed Railway, on December 10th, the Yiwei Lithium Energy 60GWh Super Energy Storage Factory project was officially put into operation in the new energy and new materials industrial park of Duodao District, Jingmen High-tech Zone, becoming a lithium battery production base with the largest production capacity and the longest industrial chain in Central China. The total investment of this project is 10.8 billion yuan, and the first phase covers an area of about 700 mu. It mainly produces MB56 large iron-lithium energy storage batteries, and its cell capacity and cycle times are 25% and 20% higher than those of the same industry products respectively, which are widely used in electric energy storage, ship energy storage and other fields. Taking an electric ship as an example, the voyage distance can be increased by about 40% by using MB56 battery, and the battery life can be extended by about two years.
Since the release of "Keba Article", the refinancing of the first unprofitable enterprise in Shanghai Stock Exchange has been approved, and Dizhe Medicine announced that the company's private placement plan has been approved by Shanghai Stock Exchange. This is the first time that the refinancing of the unprofitable enterprise on the Shanghai Stock Exchange has been approved since the release of "Keba Article". (science and technology innovation board Daily)The US Department of Commerce listed two high-tech enterprises in China on the list of entities on the grounds of "human rights violations", and the Foreign Ministry responded that the Foreign Ministry of China held a regular press conference today (11th). At the meeting, the CCTV reporter asked questions. On December 10th, the US Department of Commerce listed two high-tech enterprises in China on the "entity list" on the grounds of "human rights violation". What is China's comment? In this regard, Mao Ning said that the so-called sanctions you mentioned are a blatant crackdown on China's high-tech enterprises under the guise of human rights, which further exposes that the US side's protection of human rights is false and depriving the China people of their right to development is true. This trick can't succeed. If the United States really cares about human rights, it should first make up its own human rights "debt", instead of politicizing and weaponizing human rights issues, interfering in other countries' internal affairs and harming other countries' interests everywhere. (CCTV News)Sina Navigation: The project won the bid of 145 million yuan. Sina Navigation announced that the company recently received the bid-winning notice of "2024 GNSS/MET water vapor observation station procurement project" with the bid-winning amount of 145 million yuan. If the formal contract is signed and implemented smoothly, it will have a positive impact on the company's operating performance. At present, the company and the tenderer have not signed a formal contract, and the total project amount and specific implementation contents shall be subject to the formal contract.
Strategy guide 12-14
Strategy guide
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14