Institutional analysis of the European Central Bank's interest rate resolution: the European Central Bank cut interest rates by 0.25 percentage points, aiming to stabilize the economy that was hit by French debt concerns and trade tariffs that were highly exposed to the threat of US President-elect Trump.The dollar index DXY fell more than 20 points in the short term and is now reported at 106.58. Non-US currencies collectively rose, with GBP/USD of GBP rising by more than 20 points, EUR/USD of EUR/USD of EUR/USD rising by about 20 points and USD/JPY of USD/JPY rising by about 50 points.Jefferies lowered the Adobe target price from 700.00 to 650.00.
The weighted share price index of Taiwan Stock Exchange rose 1.2% to 23,170.25 points.European Central Bank President Lagarde: The economy will strengthen over time.Adobe(ADBE.O) fell by 12%, the biggest one-day drop since March 15th.
The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.The yield of two-year treasury bonds once fell by 4 basis points to 1.92%, the lowest since December 3.Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.
Strategy guide 12-14
Strategy guide
12-14