Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Broadcom's share price rose 4.3% before the market closed.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.
The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.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.Bitcoin exceeded $99,000/piece, up 2.49% in the day.
Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.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)
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13