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2024-12-14 10:36:50

ECB source: A few policy makers initially agreed to cut interest rates by 50 basis points.UN spokesman: UN Secretary-General Guterres pays special attention to hundreds of air strikes by Israel on several locations in Syria. He stressed the urgent need to reduce the level of violence in all aspects of Syria.International copper closed down more than 1.1%, while Shanghai nickel and alumina rose more than 1.5% at most. International copper closed down 1.14%, Shanghai copper closed down 0.94%, Shanghai aluminum closed up 0.12%, Shanghai zinc closed down 0.83%, Shanghai lead closed down 0.37%, Shanghai nickel closed up 1.51% and Shanghai tin closed down 0.81%. Alumina closed up 1.04% at night. Stainless steel night trading closed down 0.23%.


UBS reduced ExxonMobil's target price from $149.00 to $147.00.The composite index of Athens Stock Exchange closed up 0.44% at 1464.03.LME metal futures closed down, while LME copper futures closed down $100 to $9092/ton. LME aluminum closed down $2 to $2,600/ton. LME zinc futures closed down $50 to $3,075/ton. LME lead closed down $38 to $2006/ton. LME nickel futures closed up $310 to $16,168/ton. LME tin closed down $423 to $329,534/ton. LME cobalt was flat at $24,300/ton.


The Israeli army issued evacuation orders to several blocks in Gaza City, Gaza. On the afternoon of 12th local time, the IDF issued an evacuation warning to several blocks in Gaza City, Gaza, asking residents in relevant blocks to evacuate as soon as possible. In a statement, the Israeli army claimed that militants in Hamas fired rockets from these neighborhoods at Israeli troops fighting in the Gaza earlier that day.Southeast Asian Stock Market | On Thursday (December 12), the Vietnam Stock Exchange index closed down 0.12% at 1267.35 points. Vietnam Ho Chi Minh Stock Exchange /VN 30 Index closed down 0.07% at 1335.55 points.The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".

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