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German 2-year bond yields rose by 1 basis point to 1.96%.European Central Bank President Lagarde: The economy will strengthen over time.European Central Bank President Lagarde: Eurozone banks remain resilient.

European Central Bank President Lagarde: Eurozone banks remain resilient.European Central Bank President Lagarde: Labor cost growth will slow down.European Central Bank President Lagarde: Economic growth is losing momentum.

French Foreign Ministry spokesman: It is too early to discuss lifting EU sanctions against Syria.Central Economic Work Conference: Keep the RMB exchange rate basically stable at a reasonable and balanced level. The Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting proposed to implement a moderately loose monetary policy. Give full play to the dual functions of the total amount and structure of monetary policy tools, reduce the RRR and interest rates in a timely manner, maintain sufficient liquidity, and match the scale of social financing and the growth of money supply with the expected goals of economic growth and overall price level. Keep the RMB exchange rate basically stable at a reasonable and balanced level. Explore and expand the macro-prudential and financial stability functions of the central bank, innovate financial instruments, and maintain the stability of the financial market.European Central Bank President Lagarde: Economic growth is losing momentum.