The forecast of the European Central Bank assumes that the oil price will be $81.8 per barrel in 2024, $71.8 per barrel in 2025, $70.1 per barrel in 2026 and $69.2 per barrel in 2027.Sony rose more than 2% and hit a new high. Institutions are optimistic about its unique positioning. SONY.US rose more than 2%, hitting a maximum of $22.67, a record high since February 2022. Sony's Japanese shares rose nearly 3% today, once again hitting a record high. In the news, Sony previously announced that for the current fiscal year that will end at the end of March next year, the expected operating profit will reach 1.31 trillion yen, about six times that of fiscal year 1999. Among them, the entertainment business is expected to contribute 60% of the overall profit, while the electronic business is no longer reported as a department alone. Yasuo Nakane, head of global technology research at Mizuho, explained that Sony has a horizontal axis in film, music, games and animation, and a vertical axis from production to distribution. The company also has electronic technology, including image sensors, cameras and software, which makes it in a unique position compared with Apple, Netflix or Samsung.Decoration is popular in year of the snake. With the approaching of the New Year, the sales of holiday decoration products in many places are beginning to heat up. The year of the snake Zodiac ornaments are the most popular among consumers, and almost every store puts year of the snake Zodiac ornaments in a conspicuous position. There are dozens of kinds of snake dolls and ornaments. According to the size and shape, the prices are slightly different, and the general prices range from 10 yuan to 30 yuan. (CCTV Finance)
Jefferies lowered the Adobe target price from 700.00 to 650.00.Central Economic Work Conference: Keep the RMB exchange rate basically stable at a reasonable and balanced level. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed to implement a moderately loose monetary policy. Give full play to the dual functions of the total amount and structure of monetary policy tools, reduce the RRR and interest rates in a timely manner, maintain sufficient liquidity, and match the scale of social financing and the growth of money supply with the expected goals of economic growth and overall price level. Keep the RMB exchange rate basically stable at a reasonable and balanced level. Explore and expand the macro-prudential and financial stability functions of the central bank, innovate financial instruments, and maintain the stability of the financial market.The dollar index DXY fell 10 points in the short term and is now reported at 106.72.
European Central Bank President Lagarde: National elections have also led to their own uncertainties.The annual PPI of the United States in November was 3%, and it was expected to be 2.6%. The previous value was revised from 2.40% to 2.6%. The monthly PPI rate of the United States in November was 0.4%, and it was expected to be 0.2%. The previous value was revised from 0.20% to 0.3%. The monthly rate of core PPI in the United States in November was 0.2%, which was expected to be 0.2%, and the previous value was revised from 0.00% to 0.30%. The annual core PPI of the United States in November was 3.4%, expected to be 3.2%, and the previous value was 3.10%.Syrian Information Minister: Turkish Foreign Minister, Intelligence Minister and Qatar National Security Minister met with Syrian opposition leader Shara and caretaker Prime Minister Bashir in Damascus.