London cocoa futures rose more than 4% to 8516 pounds a ton.Bank of Mexico: High inflation may affect economic activities.GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2611.
Italian President Mattarella accepted an exclusive interview with the reception desk in Beijing. Visiting China again after seven years, he said that China's development is changing with each passing day and has made great progress in many aspects. Opposing war and confrontation, he believes that the development of the world needs mutual respect and appreciation from all countries. Talking about the relations between the two countries, he said that Italy attaches great importance to this, and mutual understanding and trust are the cornerstones of Italian-Chinese friendship. (CCTV International News)Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.German regulators investigate potential abuse of electricity price increases.
Judiciary Committee of the U.S. House of Representatives: A great deal of evidence has been found that "the financial industry implements conspiracy and antitrust behavior in order to impose extreme ESG targets on American companies".Russia is negotiating with the new Syrian authorities to maintain its two military bases in Syria.British Prime Minister's Spokesman: Stamer told G7 that Assad should be welcomed to step down, but we must be cautious about what happens next. The leaders of the Group of Seven agreed that the territorial integrity, independence and sovereignty of Syria must be respected.