Lead closed down more than 1%, nickel and tin closed up, and LME copper closed down $24 to $9,192/ton. LME aluminum closed down $8 to $2,601/ton. LME zinc futures closed down $10 to $3,126/ton. LME lead closed down $22 to $2,043/ton. LME nickel futures closed up $143 to $15,858/ton. LME tin closed up $181 to $29,957/ton. LME cobalt was flat at $24,300/ton.Global Times editorial: China is still the main engine of global trade growth. Statistics recently released by official website of the General Administration of Customs show that the total import and export value of China's goods trade in the first 11 months of this year was 39.79 trillion yuan, up 4.9% year-on-year. Among them, exports reached 23.04 trillion yuan, up 6.7%; Imports reached 16.75 trillion yuan, up 2.4%. This is a further development of China's position as the world's largest country in goods trade for seven consecutive years, and its export accounts for 14.2% of the world's total in 2023, which means that the position of China manufacturing with high "cost performance" in the international production and supply chain continues to increase. The publication of this foreign trade "report card" once again shows the strong resilience and vitality of China's economy. (Global Times)Foreign media: The Italian neo-Nazi organization planned to assassinate the Prime Minister, which was foiled by the police. According to the British "Daily Telegraph" reported on the 11th, an Italian neo-Nazi organization was accused of planning to assassinate Prime Minister Giorgiya meloni and World Economic Forum President klaus schwab, and the assassination plot was foiled by the police. The report quoted local media as saying that last week, the police carried out raids in various parts of Italy, arrested 12 people suspected of participating in the far-right organization, and seized a batch of knives, military clothing and propaganda materials. The organization originally called itself "Wolf Division" and later renamed it "New Dawn Division". The police said that some suspects arrested called meloni a "fascist who persecuted fascists" and had planned to assassinate her since 2023. (Global Times)
Iraqi Prime Minister and Saudi Crown Prince and Prime Minister discussed the situation in Syria by telephone. On December 11th, local time, Iraqi Prime Minister Al-Sudani telephoned Saudi Crown Prince and Prime Minister Mohammed. During the call, the two sides discussed the latest development of the situation in Syria and its impact on the region. The two sides unanimously stressed that Arab countries need to strengthen coordination and jointly promote dialogue among Syrian parties to ensure Syria's security, sovereignty and territorial integrity. The two sides also held discussions on strengthening bilateral relations and deepening development in various fields. In addition, Sudani also congratulated Muhammad on Saudi Arabia's winning the right to host the 2034 World Cup. (CCTV)Market information: Adidas headquarters was raided for the second consecutive day related to tax evasion.Spot gold rose by 1.00% in the day to $2,720.84 per ounce; COMEX gold futures main force recently reported $2,758.10 per ounce, up 1.46% in the day.
Germany's DAX 30 index initially closed up 0.34% at 20,399.53 points. The French stock index closed up 0.38%, the Italian stock index closed up 0.49%, the bank index rose 0.34%, and the British stock index closed up 0.25%.Market information: According to informed sources of the French government, President Mark Long will appoint the Prime Minister on December 124i.Lebanese military: After the withdrawal of Israeli troops, the Lebanese army will be stationed in five locations in southern Lebanon. On the 11th, local time, the Lebanese military issued a statement saying that as the first phase of army deployment, the Lebanese army, in coordination with the United Nations Interim Force in Lebanon, will be stationed in five locations around Shyam town in southern Lebanon after the withdrawal of Israeli troops. According to the statement, this is an initiative made after discussion by the Supervisory Committee, and the deployment will be completed in the next stage. At the same time, as part of the operation, the military will conduct an investigation to remove unexploded ordnance. The Lebanese army urged people to avoid the area and follow military instructions until the operation was completed. (CCTV)
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14