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The Danish central bank lowered its benchmark interest rate from 2.85% to 2.6%.Market News: Russia has established direct contacts with the Political Committee of the Sharm el-Liberation Organization, and these contacts are constructive.YiXixi sovereign bond yields in the euro zone rose by about 16 basis points at most. In 2024, the European Central Bank cut interest rates three times. The yield of French 10-year government bonds rose by 9.5 basis points to 2.987%, approaching the top of 3.032% on November 28th. US stocks briefly fell before the market, and reached a new low of 2.880% at 22:07 Beijing time (during the press conference of European Central Bank President Lagarde). The yield of Italian 10-year government bonds rose by 15.7 basis points to 3.348%, approaching the top of 3.410% on November 28th, and was on the rise all day, reaching a daily low of 3.218% at 21:56 (during Lagarde's press conference). Spain's 10-year bond yields rose by 11.6 basis points, while Greece's 10-year bond yields rose by 13.5 basis points.

The Danish central bank lowered its benchmark interest rate from 2.85% to 2.6%.American family wealth climbed to a record high thanks to the rise of the stock market. Driven by the rise of the stock market before the US presidential election, American family wealth reached a record high in the third quarter. According to a report released by the Federal Reserve on Thursday, household net assets increased by nearly 4.8 trillion US dollars, up 2.9% from the previous quarter, reaching 168.8 trillion US dollars. The value of American stock holdings increased by 3.8 trillion US dollars, while the value of real estate decreased by nearly 200 billion US dollars. In the third quarter, investors benefited from the stock market rally, as the market expected the Federal Reserve to cut interest rates and Donald Trump to return to the White House next year. Since Trump won the election on November 5, the S&P 500 index has climbed to a new high due to the market expectation that the president-elect will promulgate a pro-business policy.A quick look at the authority of Xinhua News Agency | The Central Economic Work Conference in 2024 will set the tone for economic work next year.

Israeli military officials: They are preparing for possible attacks on Iran's nuclear facilities. On the 12th local time, Israeli military officials said that with the weakening of Iran's proxy groups in the Middle East and the stepping down of the Syrian Assad regime, the Israeli Air Force is preparing for possible attacks on Iran's nuclear facilities. The Israeli army believes that "isolated Iran may further advance its nuclear program." At present, the Israeli Air Force has destroyed most of Syria's air defense systems and believes that there is now an opportunity to launch an attack on Iran's nuclear facilities.Western Digital's share price fell rapidly to 4%. Seagate technology turned down. Micron's decline expanded to 3.6%.The overall implementation of the personal pension system is more optimized. After two years of implementation in 36 cities (regions), the personal pension system will be officially launched nationwide on December 15th. On December 12th, Ministry of Human Resources and Social Security, Ministry of Finance, State Taxation Administration of The People's Republic of China, State Financial Supervision and Administration Bureau, China Securities Regulatory Commission and other five departments issued the Notice on Full Implementation of Individual Pension System, which made it clear that from December 15th, 2024, all workers who participated in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the individual pension system. China Securities Regulatory Commission said that the promulgation and implementation of the Notice is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee and accelerate the development of a multi-level and multi-pillar old-age security system, which is conducive to giving full play to the wealth management function of the capital market and building a sound policy system of "long money and long investment". At the same time, according to the requirements of the Notice, the China Securities Regulatory Commission timely optimized the product supply and included the first batch of 85 equity index funds in the personal pension investment product catalogue. Lou Feipeng, a researcher at China Postal Savings Bank, said that the Notice put forward targeted measures based on the situation encountered in the pilot, enriching the types of personal pension products, increasing the situation of receiving personal pensions in advance and effectively improving the personal pension system on the basis of the previous pilot, which will help attract investors to actively participate in personal pension-related investments. (Securities Daily)