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2024-12-14 05:26:01

The Brazilian central bank raised its benchmark interest rate to 12.25% for the third time this year. On the 11th, local time, the Monetary Policy Committee of the Brazilian central bank announced that it had decided to raise its benchmark interest rate to 12.25%, which is the third time that the Brazilian central bank raised interest rates this year. Brazil's central bank said that the interest rate hike was affected by international uncertainties and Brazil's domestic economic policies, and it is expected that the benchmark interest rate will be raised again in January and March next year. Since August last year, the Brazilian central bank cut interest rates seven times in a row, stopped cutting interest rates in June this year, and then raised the benchmark interest rate three times in a row. After this adjustment, Brazil's benchmark interest rate at the end of 2024 was the same as that at the end of 2023, which was 12.25%. The latest "Focus" bulletin of the Brazilian central bank raised the expected inflation rate to 4.84% in 2024, which is higher than the upper limit of the country's inflation rate management target of 4.5% from 2024 to 2026.Apple's self-developed wireless chip will be put into new products released in 2025. It is reported that Apple's self-developed wireless chip will be put into new products released in 2025. The chips of Apple iPhone and home wireless devices are close to switching from Broadcom supply to self-developed products. The internal code of Apple's self-developed wireless chip is Proxima, which will be put into iPad and Mac in 2026.Sources: A few ECB policymakers initially hoped to cut interest rates by 50 basis points. Three sources said that several ECB policymakers initially hoped to cut interest rates more sharply on Thursday, and they were worried that the new US tariffs would hinder economic growth. The European Central Bank cut interest rates by 25 basis points on Thursday, and opened the door for more easing policies, as the euro zone economy was dragged down by domestic political instability and the threat of a new round of trade war in the United States. However, due to the low forecast of inflation and economic growth, about five of the 26 members of the official Committee initially advocated a 50 basis point interest rate cut. In particular, they pointed out that if the incoming Trump administration imposes new tariffs on the EU, the growth of economic output next year may be lower than the 1.1% expected by the European Central Bank. A small number of policy makers who called for greater interest rate cuts quickly gave in, adding that given the current uncertainty, people are reluctant to make a hasty decision.


American family wealth climbed to a record high thanks to the rise of the stock market. Driven by the rise of the stock market before the US presidential election, American family wealth reached a record high in the third quarter. According to a report released by the Federal Reserve on Thursday, household net assets increased by nearly 4.8 trillion US dollars, up 2.9% from the previous quarter, reaching 168.8 trillion US dollars. The value of American stock holdings increased by 3.8 trillion US dollars, while the value of real estate decreased by nearly 200 billion US dollars. In the third quarter, investors benefited from the stock market rally, as the market expected the Federal Reserve to cut interest rates and Donald Trump to return to the White House next year. Since Trump won the election on November 5, the S&P 500 index has climbed to a new high due to the market expectation that the president-elect will promulgate a pro-business policy.The African Center for Disease Control and Prevention said that Congo will vaccinate children against Japanese monkeypox from next week.Google: The first device equipped with Android XR is made by Samsung and will be available next year.


Major indexes of European stocks were mixed, with German DAX 30 index up 0.08%, French stock index down 0.06%, Italian stock index up 0.40%, British stock index up 0.03% and European STOXX 600 index down 0.19%.The Israeli army said that the Hamas stronghold was not attacked by humanitarian vehicles. On the 12th local time, the Israel Defense Forces issued a statement saying that the Israeli army had "targeted" the two strongholds of Palestinian Islamic Resistance Movement (Hamas) militants in the south of the Gaza Strip the night before. The statement accused Hamas militants of moving along the route of transporting humanitarian aid in the south of the Gaza Strip, saying that the purpose of the Israeli army's actions was to make humanitarian aid safely reach the residents in the Gaza Strip. The statement stressed that the Israeli army did not attack the humanitarian aid truck. The official Palestinian news agency "Wafa" said on the 12th that Israeli forces bombed Rafah in the southern Gaza, killing 13 people. The medical staff in Rafah said that these people were protecting the aid trucks that arrived in the city, but they were attacked by Israeli troops.Industry ETFs U.S. stocks generally fell in early trading, with regional bank ETFs currently down 1.07%, semiconductor ETFs down 0.98%, banking ETFs down 0.8%, technology ETFs down 0.37%, and Internet stock index ETFs up 0.28%.

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