Trump was elected as Time Magazine's Person of the Year.Institutional analysis of the European Central Bank's interest rate resolution: the European Central Bank cut interest rates by 0.25 percentage points, aiming to stabilize the economy that was hit by French debt concerns and trade tariffs that were highly exposed to the threat of US President-elect Trump.Adobe(ADBE.O) fell by 12%, the biggest one-day drop since March 15th.
Market News: Trump Group plans to cooperate with DAR GLOBAL to build Trump Tower in Riyadh, Saudi Arabia.The European Central Bank cut interest rates for the third time in a row to boost the sluggish economy. The European Central Bank cut interest rates for the third time in a row on Thursday, and hinted that with inflation approaching 2% and the economy in trouble, it will further cut interest rates next year. The deposit rate was lowered by 25 basis points to 3%, which was in line with the expectations of all but one of the analysts surveyed by Bloomberg. This makes the total easing range since June reach 100 basis points. In its statement, the European Central Bank abandoned the wording that the policy would be "fully restrictive for a necessary long time", indicating that its position has changed. "The Management Committee is determined to ensure that the inflation rate is sustainably stabilized at the medium-term target of 2%." The European Central Bank said on Thursday. "The central bank will adopt a method of relying on data and meeting one after another to determine the appropriate monetary policy stance."US President-elect Trump: Will do some great things in the field of cryptocurrency. Electricity will be needed.
Market News: Ibrahim Karin, Director of Turkish Intelligence Agency, has arrived in the Syrian capital.Market news: the agency said that the number of people applying for unemployment benefits in the United States jumped to the highest level in two months, but it was still at a low level.Analyst Randow: The change in the wording of the European Central Bank shows that the ECB Committee has discussed the neutral interest rate. Otherwise, how can they decide what is restrictive and what is lenient? I am curious about what Lagarde will say next.
Strategy guide
12-14
Strategy guide 12-14