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2024-12-13 04:48:52

LME copper futures closed up $110 to $9,232/ton. LME aluminum closed down 0.16 USD to 2,588 USD/ton. LME zinc futures closed up $54 to $3,126/ton. LME lead closed down $4 to $2,068/ton. LME nickel futures closed down $51 to $15,996/ton. LME tin closed up $767 to $29,918/ton. LME cobalt was flat at $24,300/ton.Robusta coffee futures in London rose more than 3% to $5,288 a ton.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)


The yield of European sovereign bonds was generally stable on the second day of non-farming, and the yield of 10-year German bonds rose by more than 1 basis point. At the end of the European market on Monday (December 9), the yield of German 10-year government bonds rose by 1.3 basis points to 2.121%, and the intraday trading was in the range of 2.091%-2.122%. The yield of two-year German bonds fell by 0.3 basis points to 1.998%, and intraday trading was in the range of 2.017%-1.973%. The yield spread of 2/10-year German bonds rose by 1.795 basis points to +12.102 basis points. The yield of British 10-year government bonds fell by 0.5 basis points, and the yield of two-year British bonds fell by 1.3 basis points; The yield spread of 2/10-year British bonds rose by 0.801 basis points to +2.109 basis points. France's 10-year bond yields fell by 0.2 basis points, Italy's 10-year bond yields rose by 0.4 basis points, Spain's 10-year bond yields rose by 0.2 basis points, and Greece's 10-year bond yields were roughly flat.Yizi is said to explore the acquisition of Hershey, an American chocolate manufacturer, which is expected to create a new food giant. According to informed sources, Yizi International, a snack and candy company, is exploring the acquisition of Hershey, a well-known American chocolate manufacturer. This potential transaction is expected to create a food giant with a total sales of nearly 50 billion US dollars. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey.At least 100 people were killed in large-scale violence in the Haitian capital. The Haitian government issued a notice on the morning of the 9 th that large-scale violence against civilians occurred in Sun City District of Port-au-Prince on the 6 th and 7 th, which has caused at least 100 deaths, most of them elderly people. The circular said that the government strongly condemned the local armed gangs for committing violence against civilians, and promised to arrest the criminals who launched the violence as soon as possible and restore social peace and security as soon as possible. (Xinhua News Agency)


The Governor of the Turkish Central Bank delivered a speech to the Turkish Foreign Economic Relations Committee.Nasdaq 100 index fell 1%, hitting a new low, while NVIDIA fell 3.5%.Analysts such as Max Layton of Citigroup predicted in the global commodity outlook in 2025 that there would be a "substantial oversupply" of 1.5 million barrels per day in the second quarter of 2025. The average price of Brent crude oil may be $60/barrel in 2025, and it may be the same level in 2026.

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