1. Macro important news and events:
According to the minutes of the October meeting of the European Central Bank, policymakers concluded that due to the high uncertainty of how inflation may develop, the central bank must retain sufficient policy options after the key meeting in December. The minutes of the meeting show that high inflation is still regarded as a temporary phenomenon to a large extent, but the current price “Hump” will last longer than people originally thought, which increases the risk that wages will begin to adjust and keep price growth at a high level. According to the minutes of the meeting, “the Management Committee warned that the data released in December could not eliminate all the uncertainties surrounding the medium-term inflation outlook.”
The final value of Germany’s non Seasonally Adjusted GDP in the third quarter increased by 2.5% year-on-year, expected to increase by 2.5% and the initial value increased by 2.5%; The month on month increase was 1.7%, the expected increase was 1.8%, and the initial value increased by 1.8%. Germany’s December GfK consumer confidence index was – 1.6%, expected to be – 0.5%, with the previous value of 0.9.
The Ministry of Commerce of the United States has listed 12 Chinese enterprises on the list of entities. The Ministry of Commerce said that the new sanctions list issued by the Ministry of Commerce of the United States is not in line with the consensus of the heads of state of China and the United States, is not conducive to China and the United States, is not conducive to the security of the global industrial chain supply chain and the recovery of the world economy; The United States has generalized the concept of national security and arbitrarily introduced sanctions, which seriously lacks factual basis and the procedure is very opaque. China expresses strong protest and will make solemn representations to the United States.
