The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.Barclays: M&A and cooperation between banks and financial technology companies will grow.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.
Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.
Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.The price of natural gas futures in the United States continued to rise, with an increase of 5%.Toronto stock index GSPTSE rose 0.21% to 25,558.81.
Strategy guide
Strategy guide 12-14
Strategy guide
12-14