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2024-12-13 05:29:48

Xinhua Viewpoint: "Changing the expression of monetary policy from' prudent' to' moderately loose' means that China continues to adhere to a supportive monetary policy stance. In the early morning of December 10th, Xinhuanet published an article" Xinhua Viewpoint: Looking at the New Trends of Economic Work in 2025 from Politburo meeting of the Chinese Communist Party ",pointing out that at present, China's development is facing many uncertainties and challenges. To do a good job in economic work next year, we must strengthen our confidence in winning. Further comprehensively deepen reform, open wider to the outside world at a high level, implement more active and promising macro policies, expand domestic demand and stabilize the property market and stock market ... Politburo meeting of the Chinese Communist Party has made a series of important arrangements for economic work next year. The expression "moderately loose monetary policy" at the meeting attracted people's attention. "The expression of monetary policy has changed from' steady' to' moderately loose', which means that China will continue to adhere to a supportive monetary policy stance, maintain a reasonable and abundant liquidity, further reduce the comprehensive financing costs of enterprises and residents, and create a good monetary and financial environment for promoting sustained economic recovery." Wen Bin, chief economist of China Minsheng Bank, said that it was more than 10 years before China's monetary policy was "moderately loose". Judging from the actual operation, monetary policy is flexible and moderate in implementation. Since the beginning of this year, the market generally feels that China's monetary policy has been in a stable and slightly loose state.Robusta coffee futures in London rose more than 3% to $5,288 a ton.FSM rose by about 11%, leading the gold and silver mining stocks. The changes in the Syrian situation brought safe-haven demand. Gold and silver mining stocks rose across the board, Fortuna Mining rose by about 11%, Hekla Mining rose by about 10.3%, Cordailun Mining rose by over 8.9%, Pan American Silver rose by about 8.6%, harmony Gold rose by over 8.1%, Jintian Company rose by about 5.5%, gold mining stock ETF rose by over 5.2%, and B2gold.


The won fell more than 0.5% on Monday, approaching the bottom of 1444 won in recent days. On Monday (December 9), the won finally fell by 0.54% against the US dollar to 1430.64 won, and the intraday trading range was 1425.04-1438.42 won, continuing to approach the 1444.09 won that fell on December 3 ("curfew farce night"). On Monday, South Korea's Ministry of Justice banned President Yin Xiyue from leaving the country. The ruling party of the president set up a working group to stabilize the situation, and the prosecution applied for an arrest warrant against former defense minister Jin Longxian. South Korea's main opposition party sought to pass the budget and related bills on Tuesday.FTSE China A50 index futures rose to 2%.New york CEO was killed in the street or made progress. A Pennsylvania man with a similar gun was questioned by the police. According to a person familiar with the matter, a man near Altoona, Pennsylvania, was being questioned by the local police for the shooting of Brian Thompson, an executive of UnitedHealth Group Inc in downtown new york. According to people familiar with the matter, the man was found to be carrying multiple false identities and a gun with a silencer similar to that used in the new york shooting. New york City Police Department agents are on their way to Pennsylvania to assist the local police in their investigation. The news program of National Broadcasting Corporation (NBC) first reported this progress. Thompson, who was 50 years old, died after being shot in the back and legs outside the Hilton Hotel in downtown new york on Wednesday morning. Police said it was a targeted murder. The victim's largest medical insurance company in the United States was holding an investor day at the hotel, and Thompson was scheduled to give a speech that morning. Investigators said that the gunman fled the scene by electric bicycle after committing the crime, and then called a taxi on the Upper West Side of Manhattan. Police said the suspect asked the driver to take him to the bus stop in Washington Heights, where he boarded a long-distance bus out of the city.


Shanghai Tin closed up more than 2.1%, international copper, Shanghai copper, Shanghai zinc and stainless steel also rose more than 1.5% at most, international copper closed up 1.19%, Shanghai copper closed up 1.04%, Shanghai aluminum closed up 0.52%, Shanghai zinc closed up 1.55%, Shanghai lead closed up 0.48%, Shanghai nickel closed up 0.49% and Shanghai Tin closed up. Alumina closed up 0.25% at night. Stainless steel night plate closed up 1.24%.Turkish President Erdogan: Turkey has always been a safe haven for Syrians fleeing the war.Turkish President Erdogan: The Syrian people are our brothers and sisters, no matter what class they come from or what religion they believe in.

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