The growth of US CPI slowed down beyond expectations, confirming the Fed's expectations of slowing down interest rate hikes. Before the Fed announced the Fed's resolution to raise interest rates, the US stock index rose again, but rose intraday and fell, and finally closed down;

Global Market Overview

Note: The price of crude oil is the overnight settlement price, and the rest of the price is the overnight closing price

Global Market Overview

US CPI growth slowed beyond expectations, confirming American United Nations Reserve slowed down the expectation of hike rate . Before the Fed announced the Fed's resolution to raise interest rates, the U.S. stock index rose again, but in the session, surged and fell back to , and finally closed down; US bond yield plummeted, and the 2-year yield hit a new low in two months; US dollar index plunged, hitting a new low in half a year; offshore RMB once jumped more than 500 points and broke away from the low for more than a week.

In terms of energy prices, the US dollar plunged, the improvement of demand outlook and supply disruptions all increased oil prices, and US oil rose by more than 4% during the session to a one-week high; EU held a meeting of energy ministers to discuss the natural gas price limit plan again, but it still failed to reach a consensus and postponed the decision. US natural gas rose by nearly 8% at one time, and the eurozone benchmark Dutch TTF natural gas futures rose slightly at the end of the session.

Global News

1. The United States successfully achieved "net energy gain" in the nuclear fusion reaction for the first time

According to CCTV, on the 13th local time, an official from the U.S. Department of Energy announced that the Lawrence Livermore National Laboratory (LLNL) in California funded by the U.S. government successfully achieved "net energy gain" in the nuclear fusion reaction for the first time, that is, the energy generated by the fusion reaction is greater than the laser energy that promotes the reaction. It is reported that the energy generated by the experiment is more than 50% more than the energy invested. U.S. Secretary of Energy Jennifer Granholm said in a statement that the breakthrough was a "mile mark". This result is expected to help humans take a critical step in achieving zero carbon emissions from energy.

domestic nuclear fusion research professionals said that the progress has greater physical significance and proves the feasibility of inertial constrained fusion technology in addition to magnetically constrained fusion. But because the duration is too short, this does not mean that clean, endless nuclear fusion power generation is within reach.

2. The United States in November CPI increased by 7.1% year-on-year, setting the smallest increase in this year, and slowing down again beyond expectations

6 US November CPI increased by 7.1% year-on-year, lower than the market's expected growth rate and 7.7% in October, setting the lowest year-on-year growth rate since December last year; November CPI increased by 0.1% month-on-month, lower than the expected growth rate and 0.3% in October 0.4%. In November, the core CPI of increased by 6% year-on-year, and the market expected to grow by 6.1%, which fell from the growth rate of 6.3% in October, with the smallest year-on-year growth rate since August this year; in November, the core CPI increased by 0.2% month-on-month, setting the lowest month-on-month growth rate since August last year, with both market expectations and October growth rate of 0.3%.

U.S. CPI fell more than expected in November, Nasdaq futures rose nearly 4%, the US dollar fell 100 points, the RMB rose, gold short-term rose, and US bond yields fell one after another. However, after opened , US stocks gave up significantly, and the Dow Jones Industrial Average turned down during the session.

3. Before the release of the CPI, the US bond buying surged and the data was suspected to be leaked. The US government said it was unaware of the

. Within 60 seconds before the release of the official US CPI data, the trading volume of 10-year Treasury futures due in March reached 13,518 contracts. Before the data was officially released, the yield on US bonds had declined. In response, the U.S. Bureau of Labor Statistics said that it had not heard that the data was leaked in advance, but according to federal guidelines, some government officials were indeed able to obtain the data in advance. White House also said it was not aware of this.

4. Germany's November inflation rate was 10%. The third consecutive month of double-digit

Data released by the German Federal Bureau of Statistics on the 13th showed that Germany's November inflation rate was 10.0%, a slight decrease from October's inflation rate, but remained in double-digit digits for the third consecutive month. German Federal Statistics Director Georg Thiel issued a statement on the same day saying that although energy prices have slowed slightly, inflation remains at a high level.

Global Market Overview

Note: The price of crude oil is the overnight settlement price, and the rest of the price is the overnight closing price

Global Market Overview

US CPI growth slowed beyond expectations, confirming American United Nations Reserve slowed down the expectation of hike rate . Before the Fed announced the Fed's resolution to raise interest rates, the U.S. stock index rose again, but in the session, surged and fell back to , and finally closed down; US bond yield plummeted, and the 2-year yield hit a new low in two months; US dollar index plunged, hitting a new low in half a year; offshore RMB once jumped more than 500 points and broke away from the low for more than a week.

In terms of energy prices, the US dollar plunged, the improvement of demand outlook and supply disruptions all increased oil prices, and US oil rose by more than 4% during the session to a one-week high; EU held a meeting of energy ministers to discuss the natural gas price limit plan again, but it still failed to reach a consensus and postponed the decision. US natural gas rose by nearly 8% at one time, and the eurozone benchmark Dutch TTF natural gas futures rose slightly at the end of the session.

Global News

1. The United States successfully achieved "net energy gain" in the nuclear fusion reaction for the first time

According to CCTV, on the 13th local time, an official from the U.S. Department of Energy announced that the Lawrence Livermore National Laboratory (LLNL) in California funded by the U.S. government successfully achieved "net energy gain" in the nuclear fusion reaction for the first time, that is, the energy generated by the fusion reaction is greater than the laser energy that promotes the reaction. It is reported that the energy generated by the experiment is more than 50% more than the energy invested. U.S. Secretary of Energy Jennifer Granholm said in a statement that the breakthrough was a "mile mark". This result is expected to help humans take a critical step in achieving zero carbon emissions from energy.

domestic nuclear fusion research professionals said that the progress has greater physical significance and proves the feasibility of inertial constrained fusion technology in addition to magnetically constrained fusion. But because the duration is too short, this does not mean that clean, endless nuclear fusion power generation is within reach.

2. The United States in November CPI increased by 7.1% year-on-year, setting the smallest increase in this year, and slowing down again beyond expectations

6 US November CPI increased by 7.1% year-on-year, lower than the market's expected growth rate and 7.7% in October, setting the lowest year-on-year growth rate since December last year; November CPI increased by 0.1% month-on-month, lower than the expected growth rate and 0.3% in October 0.4%. In November, the core CPI of increased by 6% year-on-year, and the market expected to grow by 6.1%, which fell from the growth rate of 6.3% in October, with the smallest year-on-year growth rate since August this year; in November, the core CPI increased by 0.2% month-on-month, setting the lowest month-on-month growth rate since August last year, with both market expectations and October growth rate of 0.3%.

U.S. CPI fell more than expected in November, Nasdaq futures rose nearly 4%, the US dollar fell 100 points, the RMB rose, gold short-term rose, and US bond yields fell one after another. However, after opened , US stocks gave up significantly, and the Dow Jones Industrial Average turned down during the session.

3. Before the release of the CPI, the US bond buying surged and the data was suspected to be leaked. The US government said it was unaware of the

. Within 60 seconds before the release of the official US CPI data, the trading volume of 10-year Treasury futures due in March reached 13,518 contracts. Before the data was officially released, the yield on US bonds had declined. In response, the U.S. Bureau of Labor Statistics said that it had not heard that the data was leaked in advance, but according to federal guidelines, some government officials were indeed able to obtain the data in advance. White House also said it was not aware of this.

4. Germany's November inflation rate was 10%. The third consecutive month of double-digit

Data released by the German Federal Bureau of Statistics on the 13th showed that Germany's November inflation rate was 10.0%, a slight decrease from October's inflation rate, but remained in double-digit digits for the third consecutive month. German Federal Statistics Director Georg Thiel issued a statement on the same day saying that although energy prices have slowed slightly, inflation remains at a high level.

5.OPEC and Goldman Sachs have all lowered their oil demand expectations in the first quarter of next year

OPEC lowered its oil demand expectations in the first quarter of next year, and it is expected that global crude oil demand will be 101.8 million barrels per day in 2023, and was previously expected to be 101.82 million barrels per day.

Goldman Sachs' expectations for Brent crude oil in the first and second quarters of 2023 were lowered from US$110 to US$90 and US$95, respectively, with a reduction of 18.2% and 13.6% respectively; the average price of US WTI in the first and second quarters was lowered from US$105 to US$85 and US$89, with a reduction of 19% and 15.2% respectively.

6. Turkish Maritime Administration: An agreement has been reached on the new tanker insurance regulations

Turkish Maritime Administration stated on the 13th local time that Turkey continues to require crude oil tankers through Turkish Strait to provide insurance confirmation letters. At present, the Maritime Administration has reached an agreement with its peers in relevant countries on this. The Turkish Maritime Agency said that 22 of the 26 crude oil tankers arriving in the Turkish Strait have submitted necessary letters, of which 19 have passed through the strait, and the authorities are still waiting for the four tankers to provide insurance confirmation letters.

7. From the day to Hong Kong, there is no need to conduct nucleic acid testing at the ports from Hong Kong and Macau. Local stocks in Hong Kong rose sharply

Hong Kong Special Administrative Region Chief Executive Li Jiachao announced that from December 14, Hong Kong citizens do not need to scan the "Happy Travel" QR code to enter public places, but citizens still need to use a "vaccine pass" when entering restaurants. In addition, Hong Kong will cancel the "yellow code". If an incoming person is not confirmed, he will be assigned a "blue code" and can act as usual. With the positive news, local Hong Kong stocks are in full swing.

8. The State Council’s Joint Prevention and Control Mechanism : After pregnant women are infected with the new coronavirus, they will almost not be passed to the fetus

The State Council’s Joint Prevention and Control Mechanism held a press conference on the afternoon of December 13. The Director of the National Center for Obstetrics and Gynecology and Gynecology Diseases, the Dean of the Third Hospital of Peking University, and the Academician of the Chinese Academy of Engineering Qiao Jie introduced: Will pregnant women be passed to the fetus after they are infected with the new coronavirus? Because the mother has a very good protective barrier such as placenta , it is almost not transmitted to the fetus.

9. Joint prevention and control mechanism: The mutated strains in the north and south are slightly different, North North disease is slightly severe

According to China News Weekly , the State Council’s Joint Prevention and Control Machine A press conference was held yesterday. Qiao Jie, director of Peking University Third Hospital and academician of the Chinese Academy of Engineering, said that perhaps judging from the current situation, the mutated virus strains in the south and the north are slightly different. The north is slightly dry, the weather is relatively cold, and the condition is slightly severe, but the course of the disease is basically 5-7 days. The severe illnesses in individual cases are mainly related to underlying diseases, such as those with poor liver and kidney function, hypertension, and diabetes , so they will seek medical treatment in time.

10. Academy of Social Sciences : It is recommended that the growth rate of GDP in 2023 be set to be above 5%, and the deficit rate of is set to be around 3%

According to Yicai, the Institute of Quantity and Economics of the Chinese Academy of Social Sciences yesterday and Social Sciences Documentation Press jointly released the "Economic Blue Book: Analysis and Forecast of China's Economic Situation in 2023". The Blue Book predicts that China's economy will grow by about 5.1% in 2023, showing a further recovery trend.

Industry information

1.2980 Pfizer special medicine and 330 domestic new crown oral medicine. Both

Pfizer new crown special medicine Paxlovid and the first domestic new crown oral medicine Azfudin tablets can all prescribe online. The COVID-19 consultation clinic of the Internet hospital under

1 Pharmaceutical Network has begun pre-sale of Pfizer's oral antiviral drug Paxlovid (Nematevir/ritonavir tablets), with a price of 2,980 yuan/box.After consultation, the user will reply to the COVID-19 response to the doctor, and he will be assigned a doctor. The doctor will ask whether he has been diagnosed with COVID-19 and whether he needs to purchase Paxlovid.

2. Sales volume surged by more than 10 times, and electrolyte water was sold out! The company accelerates production and promises not to increase the price

According to Pengpai, recently, following Lianhua Qingwen , ibuprofen , vitamin C effervescent tablets and yellow peach canned food, "electrolyte water" has also been rushed to buy. On December 13, Yuanqi Forest told reporters that its alien electrolyte water began to be out of stock on December 10. According to statistics from Yuanqi Forest, the sales of alien electrolyte water on e-commerce platforms increased by 1327% month-on-month, and the sales of the single-week Daojia platform increased by 1000% month-on-month. From December 7 to December 8, the sales of alien electrolyte water on the Daojia platform soared by 2,000%.

3.SEMI report: It is expected that the total global semiconductor manufacturing equipment market will shrink to US$91.2 billion next year

SEMI released the "2022 Total Semiconductor Equipment Forecast Report". The report pointed out that the total global sales of semiconductor manufacturing equipment by original equipment manufacturers are expected to hit a record high of US$108.5 billion in 2022, setting a record for three consecutive years, an increase of 5.9% from the industry record of US$102.5 billion set in 2021. The total global semiconductor manufacturing equipment market is expected to shrink to US$91.2 billion next year, and will rebound in 2024 driven by the front-end and back-end markets.

Edit | Huarui Information New Media Team "Link" After consultation, the user will reply to the COVID-19 response to the doctor, and he will be assigned a doctor. The doctor will ask whether he has been diagnosed with COVID-19 and whether he needs to purchase Paxlovid.

2. Sales volume surged by more than 10 times, and electrolyte water was sold out! The company accelerates production and promises not to increase the price

According to Pengpai, recently, following Lianhua Qingwen , ibuprofen , vitamin C effervescent tablets and yellow peach canned food, "electrolyte water" has also been rushed to buy. On December 13, Yuanqi Forest told reporters that its alien electrolyte water began to be out of stock on December 10. According to statistics from Yuanqi Forest, the sales of alien electrolyte water on e-commerce platforms increased by 1327% month-on-month, and the sales of the single-week Daojia platform increased by 1000% month-on-month. From December 7 to December 8, the sales of alien electrolyte water on the Daojia platform soared by 2,000%.

3.SEMI report: It is expected that the total global semiconductor manufacturing equipment market will shrink to US$91.2 billion next year

SEMI released the "2022 Total Semiconductor Equipment Forecast Report". The report pointed out that the total global sales of semiconductor manufacturing equipment by original equipment manufacturers are expected to hit a record high of US$108.5 billion in 2022, setting a record for three consecutive years, an increase of 5.9% from the industry record of US$102.5 billion set in 2021. The total global semiconductor manufacturing equipment market is expected to shrink to US$91.2 billion next year, and will rebound in 2024 driven by the front-end and back-end markets.

Edit | Huarui Information New Media Team "Link"