Market News: Apple is cooperating with Broadcom around artificial intelligence (AI) chips. Apple chips may be ready for production in 2026.Colombia's consumer confidence index in November was -5.7, and the forecast was -4.8.COSCO Shipping once again won the bid for Qatar Energy Project. On December 11th, according to the official news of COSCO Shipping, the awarding ceremony of six QC-MAX 271,000-square-meter super-large LNG carriers for Qatar Energy Project was held at the Doha headquarters of Qatar Energy Company. Shanghai COSCO Shipping LNG, a subsidiary of COSCO Shipping Energy, and Mitsui, a merchant ship, jointly won the bid. Previously, in 2022, the two parties jointly won the bid for seven 174,000-square-meter LNG carriers of the project for the first time.
Albertson shares rose 1.6% before the market closed.Market News: U.S. Congressman Nancy Mays was attacked in the Capitol because of the transgender bill.Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.
Analyst Anna: It is expected that the CPI report in November will show the core inflation rate of 0.3% for the fourth consecutive month. This is consistent with the annual inflation increase of more than 3%, which is higher than the Fed's target of 2%. Since the middle of the year, the anti-inflation process of core CPI seems to have stagnated. There is no doubt that this will be a topic to be discussed at the FOMC meeting in December.Analyst Anna: It is expected that the CPI report in November will show the core inflation rate of 0.3% for the fourth consecutive month. This is consistent with the annual inflation increase of more than 3%, which is higher than the Fed's target of 2%. Since the middle of the year, the anti-inflation process of core CPI seems to have stagnated. There is no doubt that this will be a topic to be discussed at the FOMC meeting in December.Treasury yields fell, while the Bloomberg dollar spot index erased gains.
Strategy guide
12-14
Strategy guide 12-14