2024-12-14 10:36:22
CEO of Bank of America: The prospect is "stable and positive".The Ministry of Ecology and Environment intends to further clarify the standards and conditions for enterprises to declare special funds for the disposal of waste electrical and electronic products. On the 10th, the Ministry of Ecology and Environment publicly solicited opinions on the Notice on Standards and Conditions for Enterprises to Declare Special Funds for the Disposal of Waste Electrical and Electronic Products (Draft for Comment). It is proposed that the declaration conditions should be determined according to the following principles: First, fair competition. Do not distinguish between enterprises subsidized by the original waste electrical equipment treatment fund and enterprises newly entering the market, and unify the reporting conditions. The second is to reward the excellent and help the strong. In order to ensure that the financial incentive policy is inclined to large-scale and high-quality enterprises, and at the same time, considering the development differences between regions, we have set the minimum quantity requirements. The number of processing enterprises located in the western region is 900,000 units (sets), and the number of processing enterprises located in other regions is 1 million units (sets). The third is a smooth transition. As 2024 is a policy transition year, the processing quantity in 2024 is the main factor in the allocation of special funds in 2025. Considering the market affordability and the adjustment period of production and operation of enterprises, a transition period is set aside for the setting of the number requirements for special funds in 2025, and it is planned to set the number requirements to 500,000 units (sets) per year.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.
Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.The Canadian dollar expanded its gains to an intraday high.
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.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.
Strategy guide 12-14
Strategy guide
12-14