The US Dow Jones Index Has Reached A Record High And GDP Has Performed Well.

On Friday, the US Senate conducted a test vote for the Janet Yellen Federal Reserve chairman. The result of 59 votes for 34 votes shows that the strong supporter of the radical economic stimulus is closer to becoming the first woman president of the Federal Reserve in the past century.

The final nomination confirmation form was decided in January 6, 2014, that is, after the Senate ends the holiday recess. If the market is expected to be approved, Yellen will become the new chairman of the federal reserve after Bernanke's second term ends in January 31st. Her first task will be to end the extraordinary stimulus measures aimed at stimulating the growth of the US economy in the beginning of Bernanke's term.

According to the analysis article published by the media on Friday, it is clear that the outgoing Bernanke actually cleared up the obstacles for his successor Yellen in order to ensure that the Fed would have more hawkish members in the coming year to get the decision of the decision-making committee to reduce the huge incentive measures for bond purchases.

Rosengren, chairman of the Boston fed, said on Friday that the unemployment rate and the low level of unemployment remain high. Inflation The Fed may be too hasty in deciding to reduce the size of the QE. "It is too risky to eliminate any monetary easing measures now," he said. Rosengren was the only dissident member of the Federal Open Market Committee of the Federal Reserve to vote on the decision to reduce QE.

In terms of economic data, the US Department of Commerce announced the third quarter of the United States. Gross domestic product The final value of the annualized growth rate is 4.1%, the best performance in two years, mainly due to the accelerated growth of consumer spending, and business investment in the field of intellectual property, such as software, has also increased.

In the gold futures market, gold prices rebounded from the three year low, although the main contract returned to the top of $1200 per ounce on Friday, rising to 1203.70 US dollars per ounce, but the Federal Reserve's decision to reduce QE led to the biggest single day decline in gold prices since Thursday, which led to a 2.5% decline in gold prices since June.

Gao said on Friday that the price of gold is Federal Reserve After the announcement of QE reduction, the situation will be worse. Goldman Sachs believes that China and India will increase their spot purchases of gold, but not enough to support their prices. Goldman Sachs expects gold prices to drop to $1144 an ounce in 2014.

In terms of oil prices, the US government's report has revised the gross domestic product growth rate in the third quarter to a final upward revision. A better economic outlook has raised the demand for energy products, helped increase the price of a trading day before the continuation of the oil price, and the main oil contract rose 0.3% to 99.32 dollars per barrel in the field trading on Friday, which also expanded the oil price week to 2.8%.

In terms of company information, the third quarter earnings report released by Canadian smartphone maker BlackBerry showed that the company suffered a major loss in the quarter, up to $4 billion 400 million and a loss of $8.37 per share, due to the impact of stock write downs and asset impairment charges. As the latest self-help initiative, BlackBerry has announced that it will work with Foxconn to jointly develop a low-cost BlackBerry intelligent machine, mainly for emerging market countries. {page_break}

When Christmas comes, corporate software giant Oracle Suddenly, a major merger and acquisition transaction was announced. On the 20 day, Oracle announced that it would spend $1 billion 500 million to buy Responsys, an advertising software developer in the US. Oracle said it had reached an agreement with Responsys that it would make an offer at a price of $27 per share, with a total price of $1 billion 500 million, which excludes the debts of the other side.

On Friday, Deutsche Bank said it had agreed to pay 1 billion 400 million euros ($1 billion 900 million) to the Federal Housing Finance Authority (FHFA) to settle the largest mortgage related lawsuits against the bank. Deutsche said in a statement, "this will solve the problem that banks failed to fully disclose the sale of specific residential mortgage backed securities to Fannie Mae and Freddie Mac between 2005 and 2007." Deutsche Bank also agreed to invest 1 billion euros to improve the internal control mechanism after withdrawing from the mortgage business that led to related litigation.

Media reports quoted sources on Friday as saying that the US investment giant Goldman Sachs Group will become the latest large financial institution that prohibits traders from using multiplayer online chat rooms. Goldman Sachs will follow the decision of JP Morgan and Deutsche Bank earlier this week to prohibit traders from using multiplayer chat rooms, according to sources familiar with the decision.

Joaquin Almunia, Commissioner of the European Commission for competition, said on Friday that the revised plan submitted by Google for the purpose of forming an anti trust lawsuit is unacceptable.

In the field of Internet, the news group, which failed to record most, announced on 20 that it would spend $25 million (18 million euros) to buy Ireland's Storyful company, which claims to be the world's first social networking agency. News Corp.'s CEO Thomson said Storyful has become a distribution center for news video. They have enough news sensitivity and creativity to discover and verify valuable news from original content of netizens.

Boeing announced on Friday that it has won an order for 21 Boeing 777X jet from Cathay Pacific, with an order valued at about $7 billion 500 million at current prices. The 777X, which will be released in 2020, is a Boeing's best selling wide body aircraft derived from new wings and new engines.

In order to reduce costs, LTON will take the initiative to withdraw from Nasdaq and withdraw its registration in the US Securities and Exchange Commission (SEC). The company expects to submit the Form 25 document to SEC on or before and after January 2, 2014, and is expected to withdraw from the NASDAQ Global Select market 10 days after the date of submission of the document. It is expected that after the delisting, the market maker will commit to the company. shares In making market transactions, US depositary shares may continue to trade in the electronic quotation service of the US pink market.

In the European stock market, the US GDP growth rate reached a two-year high in the three quarter, further confirming the market judgement that the world's largest economy is recovering steadily. The European stock market continued to rise in the first trading day before the European stock market was extended, and the European stock index closed up 0.52% on Friday. This week's cumulative increase was 3.68%, the biggest weekly gain since April.