The won fell more than 0.5% on Monday, approaching the bottom of 1444 won in recent days. On Monday (December 9), the won finally fell by 0.54% against the US dollar to 1430.64 won, and the intraday trading range was 1425.04-1438.42 won, continuing to approach the 1444.09 won that fell on December 3 ("curfew farce night"). On Monday, South Korea's Ministry of Justice banned President Yin Xiyue from leaving the country. The ruling party of the president set up a working group to stabilize the situation, and the prosecution applied for an arrest warrant against former defense minister Jin Longxian. South Korea's main opposition party sought to pass the budget and related bills on Tuesday.Market information: US President Biden and King Abdullah of Jordan talked about the situation in Syria after the fall of the Assad regime.New york Federal Reserve: The inflation forecast for November 3 was 2.6%, while that for October was 2.5%; Inflation is expected to be 2.9% on November 5, while it is expected to be 2.8% in October.
Israeli Prime Minister Benjamin Netanyahu said that after the fall of Assad, isolating Hamas opened the door for reaching a hostage agreement.FSM rose by about 11%, leading the gold and silver mining stocks. The changes in the Syrian situation brought safe-haven demand. Gold and silver mining stocks rose across the board, Fortuna Mining rose by about 11%, Hekla Mining rose by about 10.3%, Cordailun Mining rose by over 8.9%, Pan American Silver rose by about 8.6%, harmony Gold rose by over 8.1%, Jintian Company rose by about 5.5%, gold mining stock ETF rose by over 5.2%, and B2gold.Turkish President Erdogan: The Syrian people will decide the future of Syria. What Turkey needs to do is to make every effort to support Syria in rebuilding the country. The sole purpose of cross-border operations is to protect Turkey from terrorism, and Turkey will not allow new terrorists to appear abroad.
Offshore RMB rose above 7.26 against the US dollar, and currently rose by over 250 points in the day, with an increase of 0.35%.The Permanent Representative of Switzerland to Geneva was elected as the new President of the UN Human Rights Council. On December 9, local time, the UN Human Rights Council announced that Jürg Lauber, the Permanent Representative of Switzerland to the United Nations in Geneva, would take over the post of President of the UN Human Rights Council for one year from January 2025. (CCTV)The wholesale inventory in the United States rebounded slightly in October, and the wholesale inventory in the United States rebounded moderately in October due to the slight increase in durable goods inventory. According to published data, wholesale inventories increased by 0.2% in October. As enterprises hoard goods for fear of tariff increase, inventories may increase in the coming months. In terms of breakdown, the inventory of durable goods increased slightly by 0.1%, boosted by the inventory of furniture, professional equipment and wood wholesalers. However, automobile inventory decreased by 0.1% and electrical inventory decreased by 1.0%. The inventory of non-durable goods increased by 0.3%, and the inventory of groceries and medicines increased strongly. Wholesale sales decreased by 0.1% in October after increasing by 0.5% in September. According to the sales speed in October, it may take wholesalers 1.34 months to clear the shelves, which is the same as that in September.
Strategy guide 12-13
Strategy guide
12-13