The glass industry is experiencing difficult times

In November, core retail sales in the United States increased by 0.5%, which is expected to increase by 0.3%. The number of initial jobless claims in the United States was 343,000, which was 26,000 fewer than expected. Affected by falling energy prices, the US’s CPI, PPI, and import prices all increased slowly in November.

China's Shanghai Composite Index rose 4.3% last week, the largest one-day gain in 38 months, rising to its highest level in four months. In December, the initial value of HSBC China's manufacturing PMI rose to 50.9 from 50.5 in November. The official announcement of China's industrial production and retail sales in November all set the fastest rate since March this year.

In December, the German ZEW survey showed that the economic prosperity index reflecting investors' confidence for six months rose from -15.7 in November to 6.9 in December, far higher than the expected -11.5, and jumped to the highest in 7 months. The current situation index consists of 5.4 rose to 5.7.

In the Eurozone, the annualized inflation rate fell from 2.5% to 2.2% in November, the lowest level in two years, but the European Central Bank’s target is 2%. The Euro Group approved Greece to receive 49.1 billion euros in bailout funds. In December, it started with 34.4 billion euros. Greece will once again rely on financial aid to escape the crisis of default.

Last week, the United States Congress made little progress in resolving the fiscal cliff issue. In December, the Fed’s monetary policy decision-making body, FOMC, launched a QE4 to increase the size of assets purchased. In October, U.S. trade exports fell 3.6% month-on-month, hit a new low since February of this year, and imported oil also decreased 2.1%, showing that since April 2011 The weakest demand.