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In November, the CPI of the United States hit its biggest increase in seven months, but it is unlikely to prevent the Fed from cutting interest rates next week. The consumer price index of the United States recorded its biggest increase in seven months in November, but it is unlikely to prevent the Fed from cutting interest rates for the third time next week in the context of the cooling job market. Data show that CPI rose by 0.3% last month, the biggest increase since April, after the index rose by 0.2% for four consecutive months. The year-on-year growth rate of CPI rose by 2.7% after rising by 2.6% in October. Compared with the peak of 9.1% in June 2022, the year-on-year growth rate of inflation has slowed down significantly. Nevertheless, in recent months, the process of reducing the inflation rate to the Fed's 2% target has actually stalled. However, the Fed is now more concerned about the labor market. Although employment growth accelerated in November after being severely disturbed by strikes and hurricanes in October, the unemployment rate accelerated to 4.2% after staying at 4.1% for two consecutive months.After the release of CPI data in the United States, the yield of euro zone bonds fell by about 1 basis point, and the yield of German 10-year bonds is now flat at 2.116%.After the US CPI was released, spot gold rose by $5 to $2,696.66 per ounce.

Bureau of Labor Statistics: In November's inflation report, the housing index rose by 0.3%, accounting for nearly 40% of the growth of all projects in that month.Russian central bank survey: the average key interest rate in 2024 is expected to be 17.5%, compared with the previous forecast of 17.3%. The average key interest rate in 2025 is expected to be 21.3%, compared with the previous forecast of 18%.German Chancellor Angela Scholz called for a vote of confidence to pave the way for the February 23rd election.

ExxonMobil Oil: US President-elect Trump will bring good prospects to the US oil and gas industry. Support US President-elect Trump to repair the "broken" licensing system in the US energy field.Hershey's share price fell 5.2% before the market.Zamrazilova, Deputy Governor of Czech Central Bank: There is no reason to change my view on inflation risk in November, and I still think that interest rate cuts should be suspended.