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Dong Ximiao, chief researcher of Zhaolian and part-time researcher of Finance Research Institute of Fudan University, said: "Let policy adjustment go ahead of the market curve", and moderately loose monetary policy will intensify countercyclical adjustment. The Central Economic Work Conference determined that the tone of monetary policy in 2025 was "moderately loose", which was not only based on the analysis of the current economic situation, but also fully considered external uncertainties, and combined with the planning of economic work next year.Turkish President Erdogan met with US Secretary of State Blinken in Ankara.Barclays raised the target price of MicroStrategy from $275 to $515; BTIG Research raised the target price of MicroStrategy from $290 to $570, giving it a "buy" rating.

Minsheng Securities: The six key signals of the economic work conference. According to the macro team research report of Minsheng Securities, the economic work conference gave "from point to face" answers to the questions raised by the Politburo meeting. Therefore, in order to grasp the main economic line next year, we think the following six signals are very critical: First, face up to external and internal problems and risks more frankly. Second, directly "winning numbers" raised the deficit, which is rarely seen in history. Third, the importance and determination to boost consumption are unprecedented. Fourth, monetary policy focuses on continuity and strength, and completes the cooperation with finance. Fifth, stabilize the property market and the stock market, and make clear that the bottom may be the most important at present. Sixth, the new idea of the supply side-rectifying the "involution".Fitch: The neutral outlook of global protein in 2025 reflects that global consumption will remain stable as consumer demand shifts to lower-priced chicken and pork.Barclays raised the target price of MicroStrategy from $275 to $515; BTIG Research raised the target price of MicroStrategy from $290 to $570, giving it a "buy" rating.

New york Fed: Neil will be a senior consultant until he leaves.Daiwa Securities SMBC Co., Ltd. downgraded Xinao Energy to Hold with a target price of HK$ 56.The US House of Representatives passed a bill to add 66 federal judges in the United States. On December 12, local time, the US House of Representatives passed a bill with 236 votes in favor and 173 votes against, and planned to add 66 federal judges nationwide to alleviate the shortage of federal courts. This is the first major expansion of the US federal judicial system since 1990. The bill stipulates that the number of judges will be gradually increased in six stages in the next 11 years, covering 25 federal district courts in 13 States, including California, Florida and Texas.