Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.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.
Jiangling motors and Autoliv signed a strategic cooperation agreement. On December 11th, jiangling motors and Autoliv signed a strategic cooperation agreement in Nanchang, aiming at establishing a long-term and stable strategic partnership, and jointly laying out the global automobile industry field through a series of cooperation measures such as resource integration, technology sharing and sharing.Navigation warning Military training was conducted in some sea areas of the South China Sea, and the Qinglian Maritime Safety Administration issued a navigation warning. From December 16 to 18, from 18: 00 to 20: 00 every day, military training was conducted in some sea areas of the South China Sea, and entry was prohibited. (Website of China Maritime Safety Administration)Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.
Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.CEO of Bank of America: The prospect is "stable and positive".