Offshore RMB rose above 7.26 against the US dollar, and currently rose by over 250 points in the day, with an increase of 0.35%.The political turmoil in South Korea continued. Yin Xiyue was restricted from leaving the country. The opposition party pushed the impeachment case and the special inspection law. Due to the emergency martial law issued by South Korean President Yin Xiyue on the 3 rd of this month, the political situation in South Korea has recently fallen into continuous turmoil. South Korea's largest opposition party, the Common Democratic Party, submitted the "12.3 Yin Xiyue Civil Disturbance Special Inspection Law" to the National Assembly on the 9 th to investigate whether there were unconstitutional and illegal acts during President Yin Xiyue's declaration of emergency martial law. In addition, South Korea's Ministry of Justice also took measures to ban Yin Xiyue from leaving the country today, which is the first time that South Korea has taken measures to ban the current president from leaving the country. According to Yonhap News Agency, the Common Democratic Party, the largest opposition party in South Korea, submitted the "12.3 Yin Xiyue's Civil Disturbance Special Inspection Law" to the National Assembly on the 9th to investigate whether President Yin Xiyue violated the constitution or not during the process of declaring emergency martial law. At the same time, the Common Democratic Party also requested to deal with the "Jin Jianxit Inspection Law". Previously, the "Jin Jianxit Inspection Law" was passed at the plenary session of the National Assembly three times, and was rejected by Yin Xiyue's veto power. On the afternoon of the 7th, South Korea's National Assembly voted again on the "Jin Jianxit Inspection Law", but more than two-thirds of the votes required were not passed. The Common Democratic Party plans to push for a vote on the "Jinjianheit Inspection Law" and the "Civil Disturbance Special Inspection Law" at the plenary session of the National Assembly on the 12th and 14th, respectively. (CCTV)Turkish President Erdogan: The Syrian people are our brothers and sisters, no matter what class they come from or what religion they believe in.
International Monetary Fund data: In October 2024, Turkey's gold holdings increased by 10.349 tons to 753.994 tons.WTO: The global trade in goods grew moderately in the fourth quarter of 2024. On December 9, local time, the latest issue of "Barometer of Trade in Goods" released by WTO showed that the prosperity index of global trade in goods was 102.7, which was higher than the benchmark of 100. According to the analysis of WTO, global trade in goods continued to grow moderately in the fourth quarter of 2024, but the trade prospect in 2025 is still uncertain and may be affected by potential trade policy changes. (CCTV)The Syrian opposition, which is based in Turkey, said that Turkey is participating in the rescue of prisoners held in places such as Saeed Naya.
The wholesale inventory in the United States rebounded slightly in October, and the wholesale inventory in the United States rebounded moderately in October due to the slight increase in durable goods inventory. According to published data, wholesale inventories increased by 0.2% in October. As enterprises hoard goods for fear of tariff increase, inventories may increase in the coming months. In terms of breakdown, the inventory of durable goods increased slightly by 0.1%, boosted by the inventory of furniture, professional equipment and wood wholesalers. However, automobile inventory decreased by 0.1% and electrical inventory decreased by 1.0%. The inventory of non-durable goods increased by 0.3%, and the inventory of groceries and medicines increased strongly. Wholesale sales decreased by 0.1% in October after increasing by 0.5% in September. According to the sales speed in October, it may take wholesalers 1.34 months to clear the shelves, which is the same as that in September.The Dow Jones Industrial Average just broke through the 44,600.00 mark, and the latest report was 44,599.84, down 0.10% in the day.Aldo Spanjer, Commodity Strategist of BNP Paribas: It is estimated that the average price of Brent crude oil will be 71 USD/barrel in 2026.
Strategy guide
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Strategy guide