Reuters survey: In December, the Bank of England decided to keep interest rates unchanged or cut interest rates by 100 basis points next year. All 71 economists surveyed during December 6-11 predicted that the Bank of England would keep its target interest rate unchanged at 4.75% at its meeting on December 19. Among the economists who predict the interest rate outlook until the end of 2025, about 54% (36 out of 67) expect to cut interest rates by 100 basis points by the end of next year, another 17 expect to cut interest rates by at least 125 basis points, and 14 expect to cut interest rates by at most 75 basis points.Hebang Bio established a mining engineering company in Leshan, Sichuan. The enterprise search APP shows that Leshan Hebang Mining Engineering Co., Ltd. was established recently, with Fei Wang as the legal representative and a registered capital of 10 million yuan. Its business scope includes: mineral resources reserve evaluation service; Mineral resources reserve estimation and report preparation services; Geological disaster management services, etc. Enterprise investigation shows that the company is wholly owned by Hebang Bio.Treasury futures turned green for 30 years, and treasury futures turned down. The 30-year main contracts turned green and fell by 0.03% to 116.94. The 10-year main contract was reported at 108.17, and the increase narrowed to 0.02%.
In 2023, the trade volume between the mainland and Macao increased by 4.3 times compared with that before the reunification. At the regular press conference held by the Ministry of Commerce today (12th), spokesman He Yadong introduced that by signing CEPA and its series of agreements, the mainland has fully liberalized its trade in goods and basically liberalized its trade in services. According to statistics, in 2023, the trade volume between the mainland and Macao was 3.84 billion US dollars, an increase of 4.3 times compared with that before the reunification. By October 2024, the mainland had absorbed a total of 23.93 billion US dollars of direct investment from Macao, and the mainland had invested 14.19 billion US dollars in Macao.London Metal Exchange (LME): aluminum stocks decreased by 2,500 tons, copper stocks decreased by 75 tons, nickel stocks decreased by 2,862 tons, lead stocks decreased by 2,250 tons, tin stocks were flat, and zinc stocks decreased by 1,300 tons.Tschudin, member of the management Committee of the Swiss National Bank: Due to the monetary easing policy, Swiss economic growth is expected to pick up slightly next year. Overseas developments are the main risks facing the Swiss economy.
Xiamen Tungsten Xinneng: Signed a strategic cooperation framework agreement for solid-state batteries with Xinwangda Power. Xiamen Tungsten Xinneng announced that the company and Xinwangda Power signed the Strategic Cooperation Framework Agreement for Solid-state Batteries on December 11, 2024. The two sides will give full play to their respective advantages in market and technology, promote the industrialization of a series of new energy battery materials for solid-state batteries, establish a deep-seated strategic cooperative relationship, jointly develop a series of new energy battery materials for solid-state batteries, and further expand business cooperation at an appropriate time.London Metal Exchange (LME): aluminum stocks decreased by 2,500 tons, copper stocks decreased by 75 tons, nickel stocks decreased by 2,862 tons, lead stocks decreased by 2,250 tons, tin stocks were flat, and zinc stocks decreased by 1,300 tons.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.