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2024-12-14 11:13:34

US Treasury Secretary Yellen: Worried about the fiscal outlook, the deficit needs to be reduced. President Biden's proposal to cut the deficit by an additional $3 trillion is necessary. Disappointed that Congress failed to take measures to deal with the budget deficit.Mackler, Governor of the Bank of Canada: Canada has not experienced the typical widespread unemployment phenomenon during the recession for the time being. Most of the depreciation of the Canadian dollar is actually driven by the appreciation of the US dollar; The Canadian dollar has not changed much compared with other major currencies.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 Wednesday (December 11th), the overnight reverse repurchase agreements (RRP) of the Federal Reserve was 180.120 billion US dollars, compared with 174.842 billion US dollars in the last trading daily.Spanish Foreign Minister: The two-state solution is the solution to the Middle East issue.After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)


US Treasury Secretary Yellen: Worried about the fiscal outlook, the deficit needs to be reduced. President Biden's proposal to cut the deficit by an additional $3 trillion is necessary. Disappointed that Congress failed to take measures to deal with the budget deficit.A school in Germany was attacked by irritant gas, which injured 40 people. On December 11th, local time, a school in northern Munich, Germany was attacked by irritant gas, which injured 40 people, most of whom were students. About a dozen children and teenagers with eyes and respiratory tract irritation were rushed to a nearby hospital for treatment. The police are currently looking for the perpetrators. (CCTV)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.

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