Reserve Bank of Australia: Potential inflation is still too high. There is still uncertainty about the prospects. The Committee is increasingly convinced that inflationary pressure is decreasing with the recent forecast, but the risk still exists. The Committee will continue to rely on data and changing risk assessments to guide its decision-making. Although the potential inflation is still at a high level, other recent economic activity data are mixed, but overall, November data is weaker than expected.Israel attacked the Syrian capital and its surrounding areas again. Syrian local media released a message today (December 10) that Israel once again launched an attack on the Syrian capital Damascus and its surrounding areas. According to Agence France-Presse, the Syrian capital Damascus heard a huge explosion today (December 10).Goldman Sachs: It is expected that the output of OPEC+will still depend on the data, and it is assumed that the output of OPEC+will increase for four consecutive months from next July under the strong demand in summer. It is estimated that India's oil demand will increase by 300,000 barrels per day next year, accounting for nearly 30% of the global oil demand growth.
Pakistan KSE-100 index rose 0.8% to 110,933.10.With the return of high dividend assets, the market pays attention to the investment value of dividend sector. The Standard & Poor's dividend ETF(562060) rose by 1.07% at midday. By midday on December 10th, the standard & poor's dividend ETF(562060) rose by 1.07%, with a turnover of 20,646,600 yuan. The constituent stocks rose strongly, with Yongxing Materials rising by 3.73%, Aopu Technology rising by 2.12%, Lu 'an Huaneng rising by 2%, Gaoce shares and Jianfa shares rising one after another. In the news, recently, the strong performance of China bond market led to the decline of the yield of 10-year treasury bonds, which fell below the key point of 2.0%, and the dividend assets in the A-share market ushered in an upward trend. Insiders pointed out that the decline in the cost performance of bond allocation is a long-term dimensional reason for supporting the dominance of the dividend sector. With the continuous decline of the yield of 10-year treasury bonds, institutional investors' confirmation of the long-term low interest rate environment will be conducive to the continuous excavation of the value of dividend assets.Dotinolole, a new drug used by Weicai to treat gout, was approved for marketing in China. On December 10th, Weicai China announced that its new urate reuptake inhibitor Dotinolole tablets (trade name: Youlesi) had been approved by National Medical Products Administration (NMPA) in China, and its indication was gout with hyperuricemia.
AUD/USD fell in the short term, and the intraday decline expanded to 0.8%, after the Reserve Bank of Australia announced its interest rate decision.Research Report: In the third quarter, the installed capacity of traction inverters for electric vehicles in China accounted for 61% of the world. According to the latest research of TrendForce Jibang Consulting, the total installed capacity of traction inverters for electric vehicles in the third quarter of 2024 reached 6.87 million, which was 7% higher than that in the same period last year, but the growth rate has been reduced. In the competition pattern of first-class suppliers, BYD benefited from the hot sales of its models. In the third quarter, the installed market share of traction inverter increased by 1% to 18%, surpassing Denso of Japanese factory for the first time and becoming the company with the highest market share. The market share of Huichuan Technology has also increased to 6%, which shows that the competitiveness of China manufacturers in this field continues to increase. Generally speaking, China manufacturers, Japanese manufacturers and Tesla together account for half of the global installed capacity, while the influence of European and American manufacturers is gradually weakening. TrendForce Jibang Consulting indicated that the regional differentiation of traction inverters is becoming more and more obvious, with the installed capacity in China accounting for 61% of the global total. Under the pressure of shrinking market, Europe is actively reforming and cutting expenditure to enhance the competitiveness of the electric vehicle industry chain. In the short term, the stable demand in China market will continue to support the growth of traction inverter market. In the long run, if the European automobile industry chain can be successfully reformed, it will help boost the overall performance of the global traction inverter and electric vehicle market.In 2024, the Reserve Bank of Australia decided to keep the benchmark interest rate unchanged at 4.35%, which was the ninth consecutive meeting and was in line with market expectations.
Strategy guide
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
12-13