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Germany's Council of Tax Experts expects local governments' tax revenues to increase by 1.8 billion euros this year compared to its forecast in May.

2025-10-23

Germany's Council of Tax Experts expects local governments' tax revenues to increase by 1.8 billion euros this year compared to its forecast in May.

Other News
2025-10-23

International 1. Goldman Sachs: Maintains its target price forecast for gold at $4,900 by the end of next year. 2. UBS: The sharp drop in gold prices is only a short-term oversold trend, with room for further gains. 3. UBS expects silver to rebound t

International 1. Goldman Sachs: Maintains its target price forecast for gold at $4,900 by the end of next year. 2. UBS: The sharp drop in gold prices is only a short-term oversold trend, with room for further gains. 3. UBS expects silver to rebound to $55/oz. 4. ING: Further gains in the US dollar are likely to falter. 5. Commerzbank: The impact of US inflation data on the US dollar is unlikely to be sustained. 6. Goldman Sachs: The Bank of Japan is likely to keep its policy rate unchanged next week. 7. Barclays: The Bank of Japan may raise its economic growth forecast for fiscal 2025. 8. Goldman Sachs: The Bank of England is expected to cut interest rates in February next year, but an earlier cut is possible. 9. Societe Generale: The Bank of England may cut interest rates in December, putting pressure on the pound. 10. Barclays: Bank Indonesia may slow the pace of rate cuts. Domestic 1. CITIC Securities: "Sanaenomics" is unlikely to be a replica of "Abenomics." 2. CITIC Securities: We continue to recommend strategic investments in the rare earth industry chain. 3. CITIC Securities: We are optimistic about bottom-line investment opportunities in the liquor industry. 4. CITIC Securities: We expect the RMB exchange rate to appreciate moderately overall next year. 5. CITIC Construction Investment: Silver is showing signs of overheating, but we remain bullish on gold in the medium to long term. 6. Tianfeng Securities: A reduction in the LPR is unlikely this year.
2025-10-23

At the U.S. stock market opening, the Dow Jones Industrial Average fell 0.04%, the S&P 500 rose 0.1%, and the Nasdaq opened flat. Tesla (TSLA.O) opened down 4.5% after its overnight earnings report showed that the company's third-quarter revenue exce

At the U.S. stock market opening, the Dow Jones Industrial Average fell 0.04%, the S&P 500 rose 0.1%, and the Nasdaq opened flat. Tesla (TSLA.O) opened down 4.5% after its overnight earnings report showed that the company's third-quarter revenue exceeded expectations, but profits were under pressure. Energy stocks generally rose, with ExxonMobil (XOM.N) opening up 1.86% and ConocoPhillips (COP.N) rising 2.9% after the United States announced sanctions on Russian oil companies.
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