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The core inflation in the United States remained stable, increasing by 0.3% for the fourth consecutive month, and the CPI in the United States continued to rise in November, which aggravated people's concerns that the process of curbing inflation was stagnant. Data released on Wednesday showed that the core CPI excluding food and energy costs rose by 0.3% for the fourth consecutive month. Compared with a year ago, it has increased by 3.3%. After the data is released, it is still very likely that Fed policymakers will cut interest rates at next week's meeting. Although the price pressure has dropped from the peak during the pandemic recovery, the recent progress has stabilized. This, coupled with the fading concerns about the labor market, helps explain why several Fed officials advocate a more gradual rate cut.S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.Diplomat: The EU envoy failed to reach an agreement on the 15th round of sanctions against Russia.

MacKenzie, analyst: With the possibility of interest rate cut by the Federal Reserve in December, the yield of US Treasury bonds headed by two-year treasury bonds only slightly declined. Therefore, the market seems to be quite satisfied with the prospect of the Fed cutting interest rates again and then suspending it early next year.After the publication of CPI in the United States, the probability that the Fed will cut interest rates by 25 basis points in December has almost been fully priced. According to CME's "Fed Observation", the probability that the Fed will keep the current interest rate unchanged by December is 2.3%, and the cumulative probability of cutting interest rates by 25 basis points is 97.7%. The probability of keeping the current interest rate unchanged by January next year is 1.7%, the probability of cutting interest rates by 25 basis points is 71.2%, and the probability of cutting interest rates by 50 basis points is 27.1%.After the release of CPI data, the yield of US Treasury bonds fluctuated and fell, and the yield of 10-year Treasury bonds reported 4.236%. The yield of two-year US Treasury bonds fell to 4.149%, and the yield curve of 2/10 US Treasury bonds steepened to 8.7 basis points.

German Chancellor Angela Scholz submitted an application for a vote of confidence, and German Chancellor Angela Scholz sent a request to Parliament on Wednesday to hold a vote of confidence on December 16th, thus paving the way for early federal elections next year. Since the collapse of the coalition of political parties led by Scholz, the policy-making in Europe's largest economy has basically stagnated. If, as expected, Scholz loses the vote of confidence, he must ask the President to dissolve Parliament and hold a new election. Scholz and the opposition parties unanimously agreed to hold a general election on February 23rd next year. Last week, French Prime Minister Banier lost in a vote of no confidence, which highlighted the unusual political instability faced by these two European powers.This week, the personal pension expansion policy will be announced, "the time point may be December 12". It was learned from insiders that the personal pension expansion policy will be announced this week, "the time point may be December 12". According to industry insiders, the personal pension pilot will be fully liberalized in the near future, expanding from the original 36 pilot cities to the whole country. At the same time, personal pension fund products are also expanding, and some mature broad-based ETF-linked funds and broad-based index OTC products will add Y shares. (21 Finance)US official: Russia may launch another experimental Oreshnik missile into Ukraine in the next few days. It is expected that Russia's Oreshnik missile is not a game changer on the battlefield, but an attempt to intimidate Ukraine.