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2024-12-13 05:26:18

Institution: The European Central Bank is expected to hint that interest rates will be further lowered after this week. Pioneer analyst Shaan Raithatha said in a report that the European Central Bank is expected to cut the deposit interest rate by 25 basis points to 3% this week, and hinted at further interest rate cuts at the meeting on Thursday. The senior economist said that this should reflect the softening growth prospects and the increasing possibility that inflation will weaken more than expected. He said that the ECB can choose not to mention the statement that "as long as it is necessary, the policy will be limited enough". Vanguard continues to predict that the European Central Bank will accelerate the pace of interest rate cuts in early 2025 and reduce the deposit interest rate to 1.75% by mid-2025, slightly lower than the neutral level.C3.AI US stocks rose more than 6% before the market, and its quarterly performance exceeded expectations, and it reached a strategic cooperation with Microsoft.Xinhua Commentary People's Livelihood is no small matter | Big data "killing": Don't let the algorithm be cold-hearted. The special action of "Clear Network Platform Algorithm Typical Problem Governance" is being carried out, and it is clearly required to focus on rectifying and using algorithms to implement big data "killing" and other issues. For some time, many consumers have been inadvertently "calculated" by the algorithm, and special actions have sent a signal to resolutely rectify this chaos. Algorithms quietly affect daily consumption patterns. The algorithm not only promotes the development of digital economy efficiently and accurately, but also erodes consumers' rights and interests in the form of big data "killing". Nowadays, the algorithm may know more about my consumption habits than consumers. Different people book the same flight and the same cabin ticket at different prices. After an APP is used many times, it can no longer receive a large amount of coupons, but it is more expensive for members to book hotels ... As the algorithm is deeply embedded in daily consumption, the "killing" method of big data is refurbished, becoming more and more hidden and complicated. "Killing customers" infringes on consumers' right to know and choose. Algorithms must be law-abiding. Pricing should be based on honesty, and the platform cannot "tailor-made" the price for consumers according to "user portraits" such as age, occupation and consumption level. The so-called "algorithms" that harm the legitimate rights and interests of consumers and undermine the normal and fair competition order in the market must be severely cracked down according to law. Algorithms are not profit-makers. The "killing" of big data is a technical problem and a procedural problem on the surface, but it is actually a social problem and a credit problem. Behind the algorithm is the value choice of the enterprise. Perhaps the cleverness and calculation of "random discount" can bring short-term benefits to business expansion, but in the long run, it will continue to erode the trust of consumers and damage the corporate image, which will lay a disaster for the sustainable development of the whole industry. The algorithm should be good. The use of the algorithm should find an appropriate balance between technological progress and ethical norms, and continue to explore the establishment and improvement of a normalized supervision mechanism. Properly protect users' privacy and experience, rebuild trust with consumers, and make good use of the platform of the algorithm to achieve long-term results. The application of new technologies will bring new products and new formats, as well as new impacts. "Clear network platform algorithm typical problem management" is not a gust of wind, but to continue to let everyone really feel the convenience of new technology. (Xinhua News Agency)


The yield of 10-year US Treasury bonds rose by more than 4 basis points. Investors were concerned about the rising oil price and the US Treasury's supply this week. At the end of new york on Monday (December 9), the yield of 10-year US benchmark treasury bonds rose by 4.44 basis points to 4.1973%, and the intraday trading was in the range of 4.1336%-4.1973%. The yield of two-year US bonds rose by 2.26 basis points to 4.1265%, and intraday trading was in the range of 4.0933%-4.1307%. The yield spread of three-month Treasury bonds /10-year US bonds rose by 4.684 basis points to -21.027 basis points. The yield spread of 02/10-year US bonds rose by 2.147 basis points to +6.867 basis points. The yield of US 10-year inflation-protected treasury bonds (TIPS) rose by 2.51 basis points to 1.9215%.Murdoch, a media tycoon, failed in his attempt to change the family trust. Edmund Gorman, a court Commissioner in Nevada, USA, concluded in a ruling filed on Saturday that Rupert Murdoch should not change his family trust and concentrate the control of his media empire in the hands of his son Lachlan, and that Murdoch showed "malice" in his efforts to modify the irrevocable trust. At present, the trust plan will distribute the control of the company to Rupert Murdoch's four children, Lackland, James, Elizabeth and Prudence, equally after his death.Arabica coffee futures climbed to a record high in new york.


China and New Zealand held the sixth consultation on South Pacific affairs. On December 9, 2024, Qian Bo, Special Envoy for Pacific Island Affairs of the China Government, held the sixth consultation on South Pacific affairs between China and New Zealand with kavanagh, Deputy Secretary-General for Pacific and Development Affairs of the Ministry of Foreign Affairs and Trade of New Zealand. The two sides had a frank and in-depth exchange of views on the situation in the South Pacific region, their respective policies towards Pacific island countries and regional cooperation. (Ministry of Foreign Affairs website)Front-page article of China Securities Journal: Focus on synergy and cohesion to boost confidence in the stock market. The front-page article of China Securities Journal said that the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 proposed to "stabilize the property market and stock market". Market participants believe that the key to stabilizing the stock market is to enhance the internal stability of the market, enhance the investment value of listed companies, crack down on securities crimes, strengthen investor protection, and effectively boost investor confidence. This is a systematic project, involving many aspects, which needs to be exerted in the same direction and form a joint force. The emphasis on coordination, grasping the key, will help to better cohesion and create good conditions for the healthy development of the capital market.UN Special Envoy to Syria: The Sharm el-Liberation Organization (HTS) is the main organization that controls Damascus, but they are not just armed groups in Damascus. At present, different armed groups are well coordinated, and it is important that we will not let them clash. I would also like to mention that the conflict in the northeast is not over.

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