Barclays raised the target price of Hilton Hotels Group from $243.00 to $268.00.Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.TSMC's first Japanese wafer fab is expected to carry out mass production before the end of the year.
Greek officials said that they would buy artillery systems from Israel, and two Greek officials said that Greece was in deep negotiations to buy 36 sets of PULS rocket launcher systems from Israel to promote the modernization of its armed forces, with a value of 600 million to 700 million euros.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.New york cocoa futures rose more than 4% to $11,296 a tonne.
According to the media, air strikes against Syria provide an opportunity to attack Iran's nuclear facilities. On December 12, The Israel Times quoted Israeli military officials as saying that the Israeli military believed that Israeli warplanes and drones gained huge air superiority after air strikes destroyed almost all Syria's air defense equipment, which enabled Israeli warplanes to pass through Syrian airspace more safely and launch attacks on Iran's nuclear facilities.Greece negotiated in advance to buy 36 sets of PULS rocket launcher systems from Israel, worth 600 million to 700 million euros.Bank of America Securities lowered the target price of Thermo Fisher Scientific Shier Technology from $675.00 to $660.00.