Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.
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.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.COMEX silver futures rose 1.0% in the day to $33.09 per ounce.
Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.Futures closed at night, domestic main futures contracts rose more and fell less, futures closed at night, domestic main futures contracts rose more and fell less, coke rose 0.77%, coking coal rose 0.43%, iron ore rose 0.25%, rebar rose 0.18% and coil fell 0.03%.Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14