Global news you need to know before Monday's U.S. stock market opens

Wallstreetcn
2024.11.11 14:00

In October, China's new social financing increased by 1.4 trillion yuan, with new RMB loans of 500 billion yuan. The decline in M1 narrowed, while the increase in M2 expanded.
Pan Gongsheng: Strengthen the counter-cyclical adjustment of monetary policy and improve policy tools to respond to abnormal fluctuations in the stock market.
The third licensed personal credit reporting agency in China has been approved, with shareholders including Ant Group.
According to CCTV News, Shinzō Abe has been re-elected as Japan's Prime Minister.
European Central Bank Governing Council member Stournaras: Interest rates may drop to around 2% by September next year.
The Belarusian Ministry of Foreign Affairs: Belarus becomes the first partner of the BRICS countries.
According to Reuters, Japan will propose a 10 trillion yen plan to boost the chip industry.
In pre-market trading, U.S. stocks saw a broad rise in Chinese concept stocks, with Tesla up nearly 8%, Bitcoin rising nearly 3%, iron ore approaching a decline of 100 dollars, WTI crude oil down nearly 3%, and spot gold falling below 2640 dollars per ounce.
The Nikkei 225 index closed up 0.1%, the Shanghai Composite Index closed down 0.08%, and the Hang Seng Index closed down 1.45%

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