ECB sources: Some people think that the ECB overestimates economic growth. In the case of Trump's tariff increase, the economic growth next year may be less than 1%.Morgan stanley capital international's MSCI Nordic Countries Index fell 0.4% to 381.97. Evolution AB Group, an online gambling operator, fell 3.4%, which was the worst among the constituent stocks.African stock market | On Thursday (December 12th), the FTSE /JSE Africa Top 40 tradable index closed down 0.18% to 78,341.48 points. The South African rand is currently down 0.58% against the US dollar, reaching a fresh low of 17.8027 rand.
Market News: Texas, USA, announced a draft legislation to establish a strategic bitcoin reserve.Italian 10-year bond yields rose 14 basis points to 3.33%.The Danish central bank lowered its benchmark interest rate from 2.85% to 2.6%.
The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".Russia said that it had established direct contact with the political committee of the Syrian "Sharm el-Liberation Organization". On the 12th local time, Russian Deputy Foreign Minister Bogdahn Novo said that Russia had established direct contact with the political committee of the Syrian armed group "Liberation Syria".Google: Sony and other companies plan to use the Android XR operating system in their devices.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
12-14