Neil Chapman, senior vice president of ExxonMobil, told analysts that the company's oil production increase will not lead to a decline in oil prices.German Ministry of Economic Affairs: German government abandons expansion plan of natural gas plant.Mackler M, Governor of the Bank of Canada: It is expected that the boost of interest rate cuts to business investment will lag behind, and the Bank of Canada will consider further interest rate cuts in the future.
Russia is willing to engage with the United States on the Ukrainian issue. Russian Foreign Ministry spokesman Zacharova said at a regular press conference on the 11th that Russia is willing to engage with the United States on the Ukrainian issue, but has not received any "serious suggestions" from the team of President-elect Trump.Marvell (Meiman Technology Group Co., Ltd.) executives said that the company is producing customized CPU based on ARM for super-large customers.WTI crude oil increased to 2% in the day and is now reported at 69.55 USD/barrel; Brent crude oil is now up 1.67%.
On the African stock market, on Wednesday (December 11th), South Africa's FTSE /JSE Africa Top 40 tradable index closed down 0.29% to 78,478.82 points. The constituent stock Angra Ashanti Gold rose by 3.06%, ranking second. The South African rand rose 0.57% against the US dollar, reaching a new high of 17.6846 rand.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)Market information: The major shareholders of Hershey, an American chocolate manufacturer, will reject the takeover proposal of Yizi International, thinking that the other party's offer is too low.
Strategy guide
12-14
Strategy guide
12-14