NATO Secretary General Rutte: We will need to spend far more than 2% of GDP on national defense.Dutch International Bank: The European Central Bank will continue to cut interest rates in the new year, Carsten Brzeski, macro director of Dutch International Bank, wrote in a report to customers that the European Central Bank will take action again to reduce borrowing costs. The euro zone central bank cut interest rates by 25 basis points on Thursday, in line with expectations. Inflation is still a worrying problem, but the resistance to growth is even greater, especially the financial crisis in France and the threat posed by the US tariff on European goods. He said that with the change in the tone of the European Central Bank, the bank may cut interest rates again in the new year.Eurozone government bond yields barely changed, and eurozone government bond yields barely changed, after the European Central Bank cut interest rates by 25 basis points, as widely expected. Michael Brown of Pepperstone said in a report: "The interest rate cut was accompanied by a policy statement, which' copied and pasted' the policy guidance issued after the October meeting." The ECB reiterated that it would "follow the method of data dependence and successive meetings to determine the appropriate monetary policy stance." According to Tradeweb's data, after the interest rate was determined, the yield of two-year German government bonds was 1.941%, slightly lower than the previous 1.951%, while the yield of 10-year German government bonds was 2.130%, which was almost unchanged that day.
European Central Bank President Lagarde: Labor cost growth will slow down.The US Secretary of State met with Jordan's King and Deputy Prime Minister to discuss the situation in Gaza and Syria. On December 12, local time, the State Council issued a statement saying that US Secretary of State Blinken met with Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Overseas Chinese Affairs Assafadi and Jordan's King Abdullah II in Aqaba that day, and discussed issues such as reaching a ceasefire agreement in Gaza, ensuring the release of all detainees, providing humanitarian assistance to Palestinian civilians in all parts of Gaza and the situation in Syria. Blinken said that the United States supports the Syrian-led political transition. Blinken said that Syria must take all measures to protect civilians and promote the entry of humanitarian aid. Abdullah II reiterated that Jordan respects the choice of the Syrian people, but also stressed the importance of maintaining Syria's security and protecting its citizens. In addition, Abdullah II stressed that the first step to achieve a comprehensive ceasefire in the region is to stop Israeli attacks on Gaza. Abdullah II pointed out that achieving this goal requires immediate and serious international action. The meeting also discussed efforts to strengthen the humanitarian response to Gaza. Talking about the situation in the West Bank, Abdullah II warned the danger of Israel's unilateral actions and condemned Israel's continued attacks on Jerusalem and other places. He once again stressed that the "two-state solution" is the only way to achieve a just and comprehensive peace and the key to preventing the region from falling into more conflicts. (CCTV News)Analysis: The initial application data in the United States unexpectedly rose, and the number of initial jobless claims in the United States unexpectedly rose last week. The number of people receiving unemployment benefits continued to increase at the end of November compared with the beginning of the year, due to the cooling of labor demand. The US Department of Labor announced on Thursday that as of the week of December 7, the number of initial jobless claims increased by 17,000 to 242,000 after seasonal adjustment. Economists had expected that the number of initial jobless claims last week was only 220,000. The jump in initial jobless claims last week may reflect the fluctuation after the Thanksgiving holiday, but it may not mark a sudden change in the job market. The number of initial jobless claims may still fluctuate in the next few weeks, which may make it difficult to understand the job market clearly.
European Central Bank President Lagarde: Protectionism will lead to short-term inflation. European Central Bank President Lagarde: Protectionism will lead to short-term inflation. Higher tariffs may lead to inflation in the short term; The final impact of high tariffs on inflation is uncertain.Analysis: The initial application data in the United States unexpectedly rose, and the number of initial jobless claims in the United States unexpectedly rose last week. The number of people receiving unemployment benefits continued to increase at the end of November compared with the beginning of the year, due to the cooling of labor demand. The US Department of Labor announced on Thursday that as of the week of December 7, the number of initial jobless claims increased by 17,000 to 242,000 after seasonal adjustment. Economists had expected that the number of initial jobless claims last week was only 220,000. The jump in initial jobless claims last week may reflect the fluctuation after the Thanksgiving holiday, but it may not mark a sudden change in the job market. The number of initial jobless claims may still fluctuate in the next few weeks, which may make it difficult to understand the job market clearly.Private exporters reported that they sold 334,000 tons of soybeans to unknown destinations, and the United States Department of Agriculture (USDA) released data. Private exporters reported that they sold 334,000 tons of soybeans to unknown destinations and delivered them in 2024/2025. The annual soybean market in the United States began on September 1st.