JPMorgan Chase elected Michele Buck as a member of the board of directors.The probability that the Fed will cut interest rates by 25 basis points in December is 94.7%. According to CME's "Fed Watch", the probability that the Fed will keep the current interest rate unchanged by December is 5.3%, and the cumulative probability of cutting interest rates by 25 basis points is 94.7%. The probability of keeping the current interest rate unchanged by January next year is 4.1%, the probability of cutting interest rates by 25 basis points is 73.7%, and the probability of cutting interest rates by 50 basis points is 22.3%.Goldman Sachs: Given that the moderate oversupply of 400,000 barrels per day and the current normalization of low valuation almost offset each other, the basic expectation is that the average price of Brent crude oil in 2025 will be $76 per barrel.
Yuanda Jinghua Securities upgraded the rating of Taiwan Optoelectronic Materials to Buy with a target price of 660 yuan NT.On the tariffs proposed by the Trump administration, Costco executives said that the company had faced tariffs in the past and believed that its businesses had the ability to cope with this situation.According to the medical report, Brazilian President Lula removed the drainage tube from his head at night and is still in the intensive care unit. Lula is still conscious and speaks normally.
Economic Daily: Strengthening unconventional countercyclical adjustment, the article said, "Experts believe that unconventional countercyclical adjustment pays attention to forward-looking and is ahead of expectations, which is conducive to stabilizing expectations and stabilizing total demand, thus consolidating the foundation for economic recovery. Unconventional countercyclical adjustment, fiscal policy will further exert its strength, which may be reflected in: actively using the deficit space that can be improved, increasing the scale of special bonds, and continuing to issue ultra-long-term special government bonds. On the one hand, the scale may exceed expectations, on the other hand, the pace will be faster, and the economy will be stabilized and rebounded. The formulation of monetary policy is changed from "steady" to "moderately loose", which is intended to convey a positive and promising policy tendency more clearly and better stabilize the expectations of business entities.Li Tie's case was pronounced in the first instance today. The Procuratorate of Xianning City, Hubei Province accused Li Tie of five crimes, including bribery, bribery by the unit, bribery by non-state staff and bribery of non-state staff. It is understood that today, the court will make a first-instance judgment on this case. At present, the police car escorting Li Tie has entered the Xianning Intermediate People's Court. (CCTV News)The Israeli bombing of Nuseilet refugee camp in central Gaza has killed 30 people. The reporter of the General Station learned on the evening of 12th local time that the death toll from the Israeli bombing of a building in Nuseilet refugee camp in central Gaza has risen to 30.