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2024-12-13 05:03:31

Market analysis: The US CPI report is in line with expectations, and the stock market will breathe a sigh of relief. Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be further impacted. Everything is in line with expectations, and the stock market seems to breathe a sigh of relief, because this is another steady report with no surprises. The stock market seems to be ready for higher-than-expected data, but since there is no accident, the market is relieved. Although the short-term bond market has some reaction, the long-term bond market has no reaction.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.The Nasdaq index just broke through the 19900.00 mark, and the latest report was 19900.89, up 1.09% in the day.


The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.


Barclays: M&A and cooperation between banks and financial technology companies will grow.Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.Russian President Vladimir Putin: External sanctions are pushing Russia to develop artificial intelligence solutions.

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