【Jin Ten Data Organization: December 4th European and American Market Important News Summary】
Domestic News:
1. A spokesperson for the China Coast Guard made a statement regarding the deliberate collision of Philippine vessels with Chinese Coast Guard ships.
2. The new round of oil price adjustments has been suspended; oil prices will not be adjusted this round.
3. The national railway has sent over 4 billion passengers for the first time in a year, maintaining its position as the world's top passenger transport indicator.
4. Successful application for intangible cultural heritage during the Spring Festival, included in the UNESCO Representative List of the Intangible Cultural Heritage of Humanity.
5. South Korea briefly implemented emergency martial law; the Foreign Ministry responded: hopes the Korean side will take effective measures to ensure the safety of Chinese citizens and institutions in South Korea.
6. FTSE Russell announced changes in the quarterly review of the FTSE China A50 Index, including Northern Huachuang and removing Huaneng Hydropower.
7. China Council for the Promotion of International Trade: firmly opposes the U.S. side's abuse of export control measures and the implementation of long-arm jurisdiction against Chinese enterprises.
8. According to Japanese media reports, Japan may relax visa requirements for Chinese citizens.
International News:
1. France is scheduled to hold a no-confidence vote later today (23:00 Beijing time), which may lead to the resignation of the Barnier government.
2. OECD: Global economic growth is expected to be 3.2% this year, with growth expected to be 3.3% in 2025 and 2026.
3. Bank of England Governor Bailey: expects the UK to cut interest rates four times next year.
4. European Central Bank - President Lagarde: has not committed to a specific interest rate path in advance, and it is too early to discuss the optimal size of the balance sheet; Executive Board member Vujcic: it is more appropriate to take small interest rate hikes in the context of uncertainty.
5. Federal Reserve's Musalem: may pause interest rate cuts at the December meeting or later meetings.
6. U.S. House Speaker Johnson: believes the debt ceiling will not expire until summer 2025.
7. South Korea political situation tracking: the opposition party submitted an impeachment motion against President Yoon Suk-yeol; the ruling party will meet tonight to discuss a response plan; the Democratic Party proposed to impeach Defense Minister Kim Dong-hyun, who subsequently resigned; large-scale protests erupted in Seoul, with demonstrators calling for the arrest of President Yoon Suk-yeol; Yoon Suk-yeol will give a speech on Thursday; the Korean Railroad Corporation union will begin a general strike starting on the 5th. (Source: Jin Ten Data)