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After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.Ceng Gang, Shanghai Finance and Development Laboratory: Judging from the economic situation and policy space, it is still possible to lower the RRR and cut interest rates in the future. The Central Economic Work Conference proposed to implement a moderately loose monetary policy. In this regard, Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory, said that the tone of "moderately loose" monetary policy is in the same strain as that of Politburo meeting of the Chinese Communist Party. China's monetary policy has been adjusted from "steady" to "moderately loose", aiming at boosting economic growth and alleviating downward pressure through a more active monetary policy, while providing support for key areas and structural adjustment. In response to the expression of "timely RRR cuts and interest rate cuts", Ceng Gang believes that from the current economic situation and policy space, it is still possible to implement RRR cuts in the future, especially in targeted cuts to required reserve ratios, to release long-term liquidity; The possibility of interest rate cuts is also greater, and it is expected that a one-time large-scale interest rate cut will be implemented at the end of this year or early next year. (SSE)Germany's current account surplus in October was 12.497 billion euros.

NATO Secretary General Rutte: We will need to spend far more than 2% of GDP on national defense.American stock index futures maintained a downward trend, with S&P 500 E-MINI futures down 0.3%, Nasdaq futures down 0.6% and Dow Jones futures down 0.1%.German Finance Minister: We need to work together on initiatives to strengthen the European economy.

The Prime Minister of Qatar and the Iranian Foreign Minister discussed the situation in Syria by telephone. On December 12, local time, the Prime Minister and Foreign Minister of Qatar Mohammed and the Iranian Foreign Minister Alagh made a phone call, focusing on the situation in Syria. The two sides stressed that the international community must take action to prevent Israel from continuing to attack Syria's infrastructure and occupy Syrian territory. The two sides also expressed their willingness to help Syria achieve stability and establish an inclusive political system in line with the wishes of the Syrian people. (CCTV News)European Central Bank President Lagarde: Macro-prudential policy is still the first line of defense against the accumulation of financial fragility. European Central Bank President Lagarde: Macro-prudential policy is still the first line of defense against the accumulation of financial fragility.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.