STOXX Europe 600 Index rose by 0.25% after the US CPI data was released.German Chancellor Angela Scholz proposed a vote of confidence. On December 11th, local time, German Chancellor Angela Scholz issued a statement saying that she had formally submitted a vote of confidence to German Bundestag Speaker Babel Bass. It is expected that the Bundestag will begin to discuss and vote at 13: 00 on December 16th. If Scholz doesn't get an absolute majority of 367 votes in the vote, he will fail in the vote of confidence. In this case, Scholz will propose that the President dissolve Parliament and advance the Bundestag election scheduled for September 28th next year to February 23rd next year. Due to the lack of "trust foundation for cooperation", Scholz announced on November 6th that it would dismiss lindner, chairman of the Liberal Democratic Party, as finance minister, and then the Liberal Democratic Party announced its withdrawal from the current coalition government. This means that the ruling coalition of the Social Democratic Party led by Scholz, the Liberal Democratic Party and the Green Party has split. (CCTV News)The annual unadjusted food inflation rate in the United States in November was 2.4%, and the previous value was 2.1%. The annual inflation rate of new cars in the United States in November was -0.7%, and the previous value was -1.3%. The annual unadjusted housing inflation rate in the United States in November was 4.7%, and the previous value was 4.9%.
Bureau of Labor Statistics: In November's inflation report, the housing index rose by 0.3%, accounting for nearly 40% of the growth of all projects in that month.Traders increased their bets on the Fed's interest rate cut. After the CPI report was released, swap traders increased their bets on the Fed's interest rate cut before the end of 2025. They now predict that by that time, they will cut interest rates by 87 basis points, which means that the Federal Reserve will cut interest rates by 25 basis points next week. In 2025, there will be another two interest rate cuts of 25 basis points each time, which is less than the four times proposed by Fed officials in the latest quarterly bitmap in September.Broadcom US stocks rose 3.6% before the market, while Apple US stocks rose 0.3% before the market. In the news, Apple is cooperating with Broadcom around artificial intelligence (AI) chips.
Russian central bank survey: the average key interest rate in 2024 is expected to be 17.5%, compared with the previous forecast of 17.3%. The average key interest rate in 2025 is expected to be 21.3%, compared with the previous forecast of 18%.German Chancellor Angela Scholz proposed a vote of confidence. On December 11th, local time, German Chancellor Angela Scholz issued a statement saying that she had formally submitted a vote of confidence to German Bundestag Speaker Babel Bass. It is expected that the Bundestag will begin to discuss and vote at 13: 00 on December 16th. If Scholz doesn't get an absolute majority of 367 votes in the vote, he will fail in the vote of confidence. In this case, Scholz will propose that the President dissolve Parliament and advance the Bundestag election scheduled for September 28th next year to February 23rd next year. Due to the lack of "trust foundation for cooperation", Scholz announced on November 6th that it would dismiss lindner, chairman of the Liberal Democratic Party, as finance minister, and then the Liberal Democratic Party announced its withdrawal from the current coalition government. This means that the ruling coalition of the Social Democratic Party led by Scholz, the Liberal Democratic Party and the Green Party has split. (CCTV News)U.S. stock index futures expanded before the market, with S&P 500 futures up 0.4%, Nasdaq futures up 0.6% and Dow futures up 0.2%.