Morgan stanley capital international's MSCI Nordic Countries Index fell 1.4%, the worst one-day performance since November 15th, to 376.43 points, with a cumulative decline of more than 2.27% this week. Novo Nordisk closed down 3.9%, the worst performance among the constituent stocks.GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2611.Bank of America Securities lowered the target price of Thermo Fisher Scientific Shier Technology from $675.00 to $660.00.
Bank of Mexico: High inflation may affect economic activities.American polls show that half of Americans lack confidence in Trump's ability to nominate qualified cabinet members. A recent poll by the Associated Press -NORC Public Affairs Research Center shows that half of Americans lack confidence in President-elect Trump's ability to nominate qualified people for the new cabinet or key administrative positions. According to the survey results, 55% of American respondents have "a little confidence" or "no confidence at all" in Trump's ability to select qualified candidates during his second term, and another 27% have "very confidence". The poll was conducted from December 5 to 9, and the respondents were 1251 American adults, with a margin of error of 3.7 percentage points.European members of NATO are considering increasing the proportion of military expenditure. On December 12th, the Financial Times reported that some European members of NATO are considering increasing the proportion of national defense expenditure in their gross domestic product (GDP) from the current 2% to 3%, which will bring budgetary pressure to many European countries.
Dennis Shen, an economist at Scope Ratings: The reasons for the Fed to cut interest rates further after December are obviously reduced. Inflation is still sticky, the economic and financial markets are overheated, and the slight increase in unemployment rate earlier this year has been reversed. The Trump administration may bring more inflation risks in the short term.Japanese yen moves towards the longest losing streak since June. Traders bet that the Bank of Japan will stay put and the yen will move towards the longest losing streak against the US dollar since June. Traders bet that the Bank of Japan will not raise interest rates next week. The yen continued to fall on Friday, falling 0.7% against the US dollar to 153.72 yen, the lowest level since November 26th. The yen has fallen for the fifth day in a row, and is heading for the worst weekly performance in more than two months. Earlier this week, it was reported that the Bank of Japan thought that it would not pay a huge price to wait until January or later, because there were signs that there was little risk that inflation might exceed the target. It is reported that officials are still open to taking action next week, depending on data and market trends.According to sources, the US Securities and Exchange Commission has extended the time limit for elon musk to respond to the Twitter investigation and settlement proposal until Monday.