2024-12-14 11:30:01
German Chancellor Angela Scholz proposed a vote of confidence. On December 11th, local time, German Chancellor Angela Scholz issued a statement saying that she had formally submitted a vote of confidence to German Bundestag Speaker Babel Bass. It is expected that the Bundestag will begin to discuss and vote at 13: 00 on December 16th. If Scholz doesn't get an absolute majority of 367 votes in the vote, he will fail in the vote of confidence. In this case, Scholz will propose that the President dissolve Parliament and advance the Bundestag election scheduled for September 28th next year to February 23rd next year. Due to the lack of "trust foundation for cooperation", Scholz announced on November 6th that it would dismiss lindner, chairman of the Liberal Democratic Party, as finance minister, and then the Liberal Democratic Party announced its withdrawal from the current coalition government. This means that the ruling coalition of the Social Democratic Party led by Scholz, the Liberal Democratic Party and the Green Party has split. (CCTV News)Traders increased their bets on the Fed's interest rate cut in December.German Chancellor Scholz: Decisions need to be made before the end of the year, such as improving children's welfare. It is necessary to solve the financial drag problem before the end of the year.
Treasury yields fell, while the Bloomberg dollar spot index erased gains.Nasdaq 100 index futures rose 0.4%, and S&P 500 index futures rose 0.3%.The foreign exchange index of emerging markets reversed the previous decline.
Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.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. "S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.
Strategy guide 12-14
Strategy guide 12-14