Siemens: It is proposed to increase the dividend from 4.70 euros in the previous year to 5.20 euros.CEO of Wells Fargo: The situation of low-end consumers is even more difficult. Consumer credit is still very strong.OPEC Monthly Report: The recent steady economic growth trend is still continuing. The OPEC Monthly Report points out that in recent months, the steady economic growth trend is still continuing, especially in the United States, Brazil and Russia. In addition, China's stimulus measures and India's sustained growth momentum have contributed to supporting global economic growth. With these developments, the global economic growth in 2024 is expected to be 3.1%. The strong economic growth momentum is expected to continue until 2025 and is expected to reach 3.0%. However, the healthy growth observed in the United States during 2024 is expected to slow down slightly in 2025. However, the current growth forecast may be affected by the potential new policy measures being discussed by the incoming US government, such as trade tariffs, which will also affect the growth of US trading partner economies. In the euro zone, the recovery will continue gradually in the third quarter of 2024, but the improvement in the fourth quarter and 2025 is expected to be limited. Japan is expected to rebound in the second half of 2024 and continue until 2025, after a challenging period.
Nasdaq 100 index futures rose 0.4%, and S&P 500 index futures rose 0.3%.German Chancellor Scholz: It is necessary to prevent electricity prices from rising before 2025. A plan has been put forward to prevent the power grid funds from rising. The Bundestag can also vote on this before the Christmas holiday.Market News: Ukrainian President Zelensky used his first meeting with Donald Trump since the US election to show that Ukraine needs security in any negotiations to end the Russian-Ukrainian conflict.
Analyst Anna: It is expected that the CPI report in November will show the core inflation rate of 0.3% for the fourth consecutive month. This is consistent with the annual inflation increase of more than 3%, which is higher than the Fed's target of 2%. Since the middle of the year, the anti-inflation process of core CPI seems to have stagnated. There is no doubt that this will be a topic to be discussed at the FOMC meeting in December.Zamrazilova, Deputy Governor of Czech Central Bank: There is no reason to change my view on inflation risk in November, and I still think that interest rate cuts should be suspended.STOXX Europe 600 Index rose by 0.25% after the US CPI data was released.