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European Central Bank President Lagarde: The decline in corporate profit margins is due to the increase in the cost of absorbing labor. European Central Bank President Lagarde: It is observed that corporate profit margins have declined. Inflation risk is not a two-way street. The prospect of economic productivity is improving. The decline in profit margin is due to the increase in the cost of absorbing labor.French Foreign Ministry spokesman: It is too early to discuss lifting EU sanctions against Syria.Spot gold fell by $5 in the short term and is now reported at $2,704 per ounce.

The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.The stock price of RIOT platform rose 12% before the market closed. On the news, STARBOARD VALUE took a stake in bitcoin mining company RIOT.According to HKEx documents, iFLYTEK Medical Technology Co., Ltd. passed the listing hearing of HKEx.

Stellantis: After rejoining ACEA, it will be consistent with its proposal. Jean-Philippe Imparato, head of Europe for Stellantis, said on Thursday that Stellantis decided to rejoin the European automobile lobby group ACEA, which means that the automobile manufacturer will immediately be consistent with the group's proposal. Stellantis said last week that he would rejoin ACEA, and the group withdrew in early 2023. Under the leadership of Carlos Tavares, CEO who resigned earlier this month, the group had previously opposed ACEA's call for reducing the EU's intermediate carbon emission reduction target in 2025, saying that it might bring billions of dollars in losses to the automobile industry.Lian Ping: The Central Economic Work Conference released a strong financial afterburner signal to lower the RRR or cut interest rates at the end of this year or early next year. Lian Ping, chairman of the China Chief Economist Forum and president of the Guangkai Chief Industry Research Institute, said in an interview that the Central Economic Work Conference mentioned that "a moderately loose monetary policy should be implemented" and "lowering the RRR and cutting interest rates at the right time", which means that it is expected to intensify next year. Combined with the current domestic and international situation and liquidity situation, it is expected that the RRR cut and interest rate cut will land at the end of this year and early next year. Regarding "exploring and expanding the macro-prudential and financial stability functions of the central bank", Lian Ping believes that, on the one hand, the monetary policy should be reasonable and moderate, with a steady pace, so as to avoid a big deviation from market demand; On the other hand, monetary policy should explore and expand related fields and innovate constantly in maintaining financial stability. The functional connotation of the subsequent central bank is expected to be further enriched, and its coverage function may be extended to the whole financial field. "Next, whether it is the real estate market or the stock market, we need to build a long-term mechanism for financial stability." Lian Ping said. (SSE)European Central Bank President Lagarde: The proposal to cut interest rates by 25 basis points has been agreed by everyone. European Central Bank President Lagarde said that the proposal to cut interest rates by 25 basis points has been agreed by everyone, and inflation is expected to reach 2% in the medium term. There are some discussions about cutting interest rates by 50 basis points, but it is generally believed that a 25 basis point cut is the right move. The wage level will reach a level consistent with the inflation target of 2%.