【Jin Ten Data Compilation: Important News Summary for the European and American Markets on December 16】
Domestic News:
1. State Council Meeting: Implement a "negative list" management for the areas of special bond investments, and standardize the operation of government investment funds. Research and promote related work for the revitalization and development of football.
2. The China-U.S. economic working group held its seventh meeting.
3. The spokesperson of the Ministry of Commerce responded to reporters' questions regarding the U.S. increasing the Section 301 tariffs on some products from China: The U.S. should immediately correct its wrong practices and cancel the additional tariffs on China. China will take necessary measures to firmly defend its own rights and interests.
4. Central Bank: Implement a moderately loose monetary policy next year, timely reduce the reserve requirement ratio and interest rates, and maintain ample liquidity.
5. State Administration of Foreign Exchange: Steadily expand the institutional opening of the financial market, supporting medium- and long-term capital entering the market.
6. Ministry of Finance: From January to November, the securities transaction stamp duty decreased by 35.9% year-on-year.
7. The 23rd meeting of the special representatives on the China-India border issue will be held in Beijing on December 18.
8. The State Administration for Market Regulation has decided to implement mandatory product certification management for electric vehicle power supply equipment.
International News:
1. The U.S. December S&P Global Manufacturing PMI preliminary value recorded at 48.3, hitting a three-month low; the December S&P Global Services PMI preliminary value recorded at 58.5, hitting a 38-month high; the December S&P Global Composite PMI preliminary value recorded at 56.6, hitting a 33-month high.
2. The UK December Manufacturing PMI preliminary value recorded at 47.3, hitting an 11-month low; the December Services PMI preliminary value recorded at 51.4, hitting a two-month high.
3. On December 16 local time, Lee Jin-woo, the commander of the Capital Defense Command of South Korea, was officially arrested.
4. A statement shows that the Canadian Finance Minister has resigned.
5. MicroStrategy purchased approximately 15,350 bitcoins for about $1.5 billion in cash.
6. Bashar al-Assad made his first statement after leaving Syria, stating that leaving Syria was not planned.
7. SoftBank CEO Masayoshi Son will announce a $100 billion investment in the U.S. during a meeting with Trump.
8. Kyrgyzstan's Prime Minister Akylbek Japarov has resigned. (Source: Jin Ten Data)