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2024-12-14 09:07:46

Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.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.The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.


Toronto stock index GSPTSE rose 0.21% to 25,558.81.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.


Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.Broadcom's share price rose 4.3% before the market closed.Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.

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