EUR/USD
1.17056
0.091%
Gold
4241.53
0.319%
Oil
58.645
-0.226%
USD/JPY
155.707
-0.201%
GBP/USD
1.33835
0.026%
GBP/JPY
208.388
-0.162%
Real-time News
Futures News, December 11th: Crude oil prices corrected, and positive news for the fuel oil market offered limited guidance. Downstream traders remained cautious and acted on demand, while refineries maintained a slow pace of sales. It is expected that fuel oil trading will mostly stabilize today.December 11th - Calvin Tse, Head of US Strategy and Economics at BNP Paribas: Federal Reserve Chairman Jerome Powell has served a long time and enjoys high prestige within the FOMC. Even under his leadership, three members still oppose interest rate decisions, and its hard to imagine any new Fed Chairman easily gaining unanimous approval from the FOMC members.On December 11th, in a social media interaction, Musk hinted that SpaceX might go public, following reports that the rocket maker plans an IPO in 2026. Musk responded to a post by Berger, saying, "As always, Eric is accurate." Erics post read, "This is why I think SpaceX is about to go public," and included Erics related article. Reuters reported on Tuesday that SpaceX hopes to raise more than $25 billion through an IPO in 2026, a move that could boost SpaceXs valuation to over $1 trillion.According to Huahai Qingke, on December 10, the cumulative output of the 12-inch thinning and polishing integrated machine Versatile-GP300, independently developed by Huahai Qingke, exceeded 20 units.On December 11th, a macro research report from Guolian Minsheng stated that, contrary to market expectations, neither Federal Reserve Chairman Powell nor the dot plot showed a more pronounced hawkish bias. Powell announced the resumption of short-term bond purchases and continued his previous stance on interest rate cuts, emphasizing that the Fed will make decisions based on economic data at each meeting, and that monetary policy has no fixed path. The dot plot also showed a more dovish distribution compared to September. Following the meeting, US stocks and precious metals surged, while the dollar and US Treasury yields weakened. However, regardless of the outcome, given the current interest rate level, the threshold for Fed rate cuts has clearly increased. The Fed will likely enter a period of observation in the first half of next year, with a significantly slower pace of change, and the political drama surrounding the Feds independence will officially begin.
