2024-12-14 07:47:10
WTI crude oil futures closed down 0.38%, while WTI January crude oil futures closed down 0.27 US dollars, down 0.38% to 70.02 US dollars/barrel. Brent February crude oil futures closed down 0.11 US dollars, down 0.15% to 73.41 US dollars/barrel. Nymex January natural gas futures closed up 2.28% at $3.4550/million British heat.Goldman Sachs: Two situations support the view that the reserve price of Brent crude oil is $70. Goldman Sachs: We find that when the price of Brent crude oil falls to the range of $60/barrel, the supply response measures of the United States will increase, and the Organization of Petroleum Exporting Countries (OPEC) tends to extend the production reduction around the current price level, which supports our view that the reserve price of Brent crude oil is $70/barrel.Economic Daily commentator's article: Keep prices at a reasonable level. The Economic Daily issued a document saying that it is foreseeable that the implementation of macro-policies will create a better monetary and financial environment for economic growth and price stability, and also help to accelerate the formation of a virtuous circle of mutual promotion of consumption and investment, and promote a higher level of dynamic balance between supply and demand. Price is the "thermometer" of macroeconomic operation, the "wind vane" of market allocation of resources, and the "baton" of micro-management. Too high or too low is not conducive to economic and social development. In the short term, the decline in price level will help reduce the burden on consumers. However, if the price level continues to run at a low level, enterprises will "increase their income without increasing their profits", and the "involution" competition will intensify, and the motivation for expanding investment will weaken, which will further reduce employment opportunities and slow down the growth of wage income. Too low a price level will also raise the real interest rate, which may inhibit economic activities.
The Federal Reserve's loan balance in the discount window in the week of December 11th was $2.61 billion, compared with $2.43 billion in the previous week. The balance of bank term financing loans in the week of December 11th was 15.6 billion US dollars, compared with 17.1 billion US dollars in the previous week.The FTSE A50 futures index closed down 0.89% at 13,546.000 points in a row.Market News: New Zealand has put forward the reason to the United States that it hopes not to introduce new tariffs during Trump's administration.
Goldman Sachs: Given that the moderate oversupply of 400,000 barrels per day and the current normalization of low valuation almost offset each other, the basic expectation is that the average price of Brent crude oil in 2025 will be $76 per barrel.["Shanghai housing subsidy of 300,000 yuan" and "down payment of 20,000 yuan for 1.8 million hardcover existing houses"? Rumor has come] Recently, there have been a number of housing advertisements on the short video platform. The agent who released the housing claimed that he could receive the "housing subsidy" when buying a house in Shanghai, with the amount ranging from 200,000 yuan to 300,000 yuan. An intermediary declared: "Shanghai Songjiang New Town has a total price of 760,000 yuan and a housing subsidy of 250,000 yuan." "After receiving the subsidy, you can buy a 78-square-meter house with a down payment of 50,000 yuan." There is also an intermediary who claims: "The minimum payment can be only 20,000 yuan, and you can buy a finely decorated existing house with a total price of 1.8 million yuan." The reporter consulted a number of intermediaries and learned that the so-called "purchase subsidies" appearing in short videos are not government subsidies, but gimmicks. When the house-watchers consult subsidies on the spot, different intermediaries will have different calibers. Usually, there are three routines-one is to raise the price first and then lower the price. Second, the so-called "subsidy" is actually that developers lend money to buyers to pay down payment, and buyers have to pay interest. Third, the commission returned by the intermediary to the buyers is packaged as a "subsidy". (Shanghai rumor platform)Goldman Sachs: Given that the moderate oversupply of 400,000 barrels per day and the current normalization of low valuation almost offset each other, the basic expectation is that the average price of Brent crude oil in 2025 will be $76 per barrel.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14