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.Xinhua Viewpoint: "Changing the expression of monetary policy from' prudent' to' moderately loose' means that China continues to adhere to a supportive monetary policy stance. In the early morning of December 10th, Xinhuanet published an article" Xinhua Viewpoint: Looking at the New Trends of Economic Work in 2025 from Politburo meeting of the Chinese Communist Party ",pointing out that at present, China's development is facing many uncertainties and challenges. To do a good job in economic work next year, we must strengthen our confidence in winning. Further comprehensively deepen reform, open wider to the outside world at a high level, implement more active and promising macro policies, expand domestic demand and stabilize the property market and stock market ... Politburo meeting of the Chinese Communist Party has made a series of important arrangements for economic work next year. The expression "moderately loose monetary policy" at the meeting attracted people's attention. "The expression of monetary policy has changed from' steady' to' moderately loose', which means that China will continue to adhere to a supportive monetary policy stance, maintain a reasonable and abundant liquidity, further reduce the comprehensive financing costs of enterprises and residents, and create a good monetary and financial environment for promoting sustained economic recovery." Wen Bin, chief economist of China Minsheng Bank, said that it was more than 10 years before China's monetary policy was "moderately loose". Judging from the actual operation, monetary policy is flexible and moderate in implementation. Since the beginning of this year, the market generally feels that China's monetary policy has been in a stable and slightly loose state.At least two people were killed in an explosion in a warehouse in Russia. On December 9, local time, an explosion occurred in a fireworks warehouse in Pushkino, Moscow, Russia. At present, two people have been found dead at the scene. (CCTV)
Turkish President: The Turkish-Syrian border crossing will be reopened for Syrian refugees to return home voluntarily and safely. On December 9, local time, Turkish President Erdogan said after the cabinet meeting that Turkey is willing to do its utmost to support Syria's reconstruction and will reopen the Turkish-Syrian border crossing, Yay Ilada, which was closed in 2013, to facilitate more Syrian refugees to return home safely and voluntarily. Erdogan stressed that Turkey will never tolerate new terrorist threats on its borders. He pointed out that neither the PKK nor the extremist organization "Islamic State" terrorists are the targets of Turkey's dialogue, but the enemies. Erdogan called for the protection of Syria's territorial integrity and said that Turkey will continue to work for regional peace and stability. (CCTV)At least two people were killed in an explosion in a warehouse in Russia. On December 9, local time, an explosion occurred in a fireworks warehouse in Pushkino, Moscow, Russia. At present, two people have been found dead at the scene. (CCTV)Market information: SAP will cut about 3,500 jobs in Germany through early retirement and layoffs.
It is reported that Boeing will lay off 396 workers from February 21st next year.The Israeli military says three soldiers were killed in the northern part of the Gaza Strip.According to pro-Syrian opposition media reports on the 9th, the opposition pardons all soldiers who perform compulsory military service in government forces and prohibits anyone from infringing their rights and interests. (Xinhua News Agency)