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2024-12-14 08:40:32

The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.The US EIA crude oil inventory decreased by 1.425 million barrels last week, and the US EIA crude oil inventory decreased by 1.425 million barrels last week, which is expected to decrease by 901,000 barrels and the previous value decreased by 5.073 million barrels. Last week, the US EIA crude oil inventories in Cushing, Oklahoma decreased by 1.298 million barrels, and the previous value increased by 50,000 barrels.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.


Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.The S&P 500 index opened up 0.5%, while the Nasdaq 100 index rose 0.9%.The US EIA crude oil inventory decreased by 1.425 million barrels last week, and the US EIA crude oil inventory decreased by 1.425 million barrels last week, which is expected to decrease by 901,000 barrels and the previous value decreased by 5.073 million barrels. Last week, the US EIA crude oil inventories in Cushing, Oklahoma decreased by 1.298 million barrels, and the previous value increased by 50,000 barrels.


US officials say that Russia may soon launch another hypersonic missile into Ukraine.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.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.

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