Prime Minister of Mauritius: The previous government falsely reported GDP and public debt.Orient securities gave Yuekang Pharmaceutical Group Co., Ltd. an initial buy rating.After the decline in the second quarter, the labor cost in the third quarter of the United States was revised downwards. After the decline in the previous three months, the increase in labor cost in the third quarter of the United States was lower than the initial value, further proving that the job market is no longer a source of inflationary pressure. According to data released by the Bureau of Labor Statistics on Tuesday, the unit labor cost increased at an annualized rate of 0.8% from July to September, and decreased by 1.1% after revision in the previous quarter. The initial value of labor costs showed an increase of 1.9% in the third quarter. The adjustment of these two cycles reflects the downward adjustment of hourly salary. During the period from July to September, the annual rate of productivity increased by 2.2%, which was not revised, compared with 2.1% in the previous quarter.
Slovak national debt agency: the total debt issuance should reach about 12 billion euros in 2025.Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.
Canadian Finance Minister: Canada will reduce the debt-to-GDP ratio in the medium term.Chengyu, Sichuan: Qionglai South Toll Station of Tianqiong Expressway was officially completed and opened to traffic. On December 10th, Qionglai South Toll Station, the largest toll station along Tianqiong Expressway under Sichuan Chengyu Expressway Co., Ltd., was officially completed and opened to traffic. (China Securities Network)Chief Financial Officer of Citigroup: Holiday spending on branded credit cards increased year-on-year, and consumers performed well.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13