International oil prices rose on the 11th. As of the close of the day, the futures price of light crude oil for January 2025 in the New York Mercantile Exchange rose by $1.70 to close at $70.29 per barrel, an increase of 2.48%. London Brent crude oil futures for delivery in February 2025 rose by $1.33 to close at $73.52 per barrel, an increase of 1.84%.Optimize the layout of branches. Brokers accelerate the transformation of wealth management. Recently, a number of brokers announced the cancellation of business offices to further optimize the layout of business outlets. According to insiders, the cancellation or establishment of a new business department of a securities company is mainly due to the strategic development of the company and the consideration of meeting the diversified needs of investors. Facing the increasingly fierce competition in the brokerage market, brokerage branches need to increase the application of financial technology in order to implement the wealth management strategy more effectively. (CSI)Competitors criticized Google for changing its search results and asked the European Union to file antitrust charges. More than 20 price comparison websites in Europe criticized Google's suggestions for modifying its search results on Wednesday, saying that these suggestions still did not meet the technical rules of the European Union, and urged regulators to file charges against Google. For more than a year, Google has been discussing with price comparison websites, hotels, airlines, restaurants and retailers how to abide by the Digital Market Law, which prohibits Google from favoring its own products and services on its platform. Last month, the company announced its latest proposal, which includes expanding the unit with the same format, allowing users to choose between comparison websites and supplier websites. If it can't reach an agreement with its competitors, it may return to the "ten blue links" format many years ago as an alternative. This form is currently being tested in Germany, Belgium and Estonia.
Us department of defense: there is no evidence that drones over new jersey come from foreign entities or rivals.According to informed sources, Stada Arzneimittel AG, a pharmaceutical company focusing on consumer health care, sounded out investors' interest before the German IPO. The company may raise about 1.5 billion euros ($1.6 billion) through an IPO.The Afghan interim government condemned the explosion of the Ministry of Refugees and Repatriation. On the 11th local time, Zabihullah Almugahed, spokesman of the Afghan interim government, condemned the death of Khalil Rahman Haqqani, the acting minister of the Ministry of Refugees and Repatriation, and expressed condolences to Haqqani's family. According to Dawn News, Zabihullah Almugahed believes that the extremist organization "Islamic State" launched the attack that day. (CCTV)
The consumption potential of the trade-in policy continued to be released. According to the VAT invoice data released by State Taxation Administration of The People's Republic of China on December 11th, from January to November, the retail sales revenue of household audio-visual equipment such as televisions and household appliances such as refrigerators increased by 15.9% and 18.7% respectively. The sales revenue of furniture retailing and sanitary ware retailing increased by 16.8% and 12.5% respectively. Experts said that recent data from various aspects show that the effect of the trade-in policy for consumer goods has appeared and the consumption potential has been continuously released. In the next stage, with the continuous expansion of the coverage of the "two new" policies and the recent package of economic incremental policies, the policy effect is expected to be further revealed. (CSI)Citigroup lowered Johnson & Johnson's target price from $185.00 to $175.00.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. In addition, the annual interest rates of US dollar deposit products issued by banks such as Ningbo Bank Co., Ltd. and hengfeng bank Co., Ltd. are also between 3% and 4%. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)
Strategy guide
12-14
Strategy guide 12-14