The international crude oil settlement price fell slightly. As of the close of the 12th, the light crude oil futures price for January delivery in the New York Mercantile Exchange fell by 27 cents to close at 70.02 US dollars per barrel, a decrease of 0.38%. London Brent crude oil futures for February delivery in 2025 fell 11 cents to close at $73.41 a barrel, a decrease of 0.15%.The US House of Representatives passed a bill to add 66 federal judges in the United States. On December 12, local time, the US House of Representatives passed a bill with 236 votes in favor and 173 votes against, and planned to add 66 federal judges nationwide to alleviate the shortage of federal courts. This is the first major expansion of the US federal judicial system since 1990. The bill stipulates that the number of judges will be gradually increased in six stages in the next 11 years, covering 25 federal district courts in 13 States, including California, Florida and Texas.Italian Finance Minister: GDP will increase by 0.7% in 2024.
Venezuela: This week, 103 people arrested after the July elections were released.Turkish President Erdogan met with US Secretary of State Blinken in Ankara.The Israeli army said that it "seriously damaged" the Syrian air defense system and destroyed more than 90% of its surface-to-air missiles. The Israel Defense Forces issued a statement on the 12th that it had "seriously damaged" the Syrian air defense system and destroyed more than 90% of the identified surface-to-air missiles. The statement said that in recent weeks, the Israel Defense Forces have been conducting a comprehensive assessment of the situation in Syria. The Israeli Air Force has formulated a "comprehensive strike plan" aimed at destroying Syria's powerful military capabilities in the face of escalating regional tensions. In the past few days, hundreds of Israeli air force fighters and other aircraft launched coordinated strikes, which dealt a major blow to Syria's "most strategic weapon system."
Dong Ximiao, chief researcher of Zhaolian and part-time researcher of Finance Research Institute of Fudan University, said: "Let policy adjustment go ahead of the market curve", and moderately loose monetary policy will intensify countercyclical adjustment. The Central Economic Work Conference determined that the tone of monetary policy in 2025 was "moderately loose", which was not only based on the analysis of the current economic situation, but also fully considered external uncertainties, and combined with the planning of economic work next year.Canada is considering imposing tariffs on key resources exported by the United States, calling this a "last resort". It is reported that Canada is currently studying the imposition of export taxes on its main commodities exported to the United States, including uranium, oil and potash fertilizer. According to officials familiar with the internal discussions in the Canadian government, export tariffs will be Canada's last resort (if US President-elect Trump fulfills his promise to impose extensive tariffs). Retaliatory tariffs on American-made goods and export controls on some Canadian products will be more likely to be introduced first. But these officials said that if Trump decides to launch a full-scale trade war, Canada's export tax on goods is a practical choice. The Trudeau government may also propose to expand the power of export control.Minsheng Securities: The six key signals of the economic work conference. According to the macro team research report of Minsheng Securities, the economic work conference gave "from point to face" answers to the questions raised by the Politburo meeting. Therefore, in order to grasp the main economic line next year, we think the following six signals are very critical: First, face up to external and internal problems and risks more frankly. Second, directly "winning numbers" raised the deficit, which is rarely seen in history. Third, the importance and determination to boost consumption are unprecedented. Fourth, monetary policy focuses on continuity and strength, and completes the cooperation with finance. Fifth, stabilize the property market and the stock market, and make clear that the bottom may be the most important at present. Sixth, the new idea of the supply side-rectifying the "involution".
Strategy guide 12-14
Strategy guide 12-14