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2024-12-14 11:28:14

Alumina broke away from last week's record high, and panic buying related to Guinea subsided. LME copper futures closed down 39 US dollars to 9052 US dollars/ton. LME aluminum closed up $6 to $2,605/ton. LME zinc futures closed up $20 to $3,096/ton. LME lead closed up $4 to $2010/ton. LME nickel futures closed down $306 to $15,862/ton. LME tin closed down $437 to $29,097/ton. LME cobalt was flat at $24,300/ton.According to sources, the US Securities and Exchange Commission has extended the time limit for elon musk to respond to the Twitter investigation and settlement proposal until Monday.The Brazilian real fell by 1% against the US dollar, the worst among emerging market currencies.


Market News: The daily active users of cryptocurrency reached a record high of 18.7 million in December, a significant increase compared with 7.7 million at the beginning of 2024.According to the real-time data of Lighthouse Professional Edition, as of 0: 00 on December 14th, the box office of the film "Lone Star Project" exceeded 80 million.Shanghai Nickel closed down over 2%, Shanghai Tin fell over 1%, alumina rose about 1%, international copper closed down 0.51%, Shanghai Copper closed down 0.51%, Shanghai Aluminum closed down 0.22%, Shanghai Zinc closed up 0.25%, Shanghai Lead closed down 0.69%, Shanghai Nickel closed down 2.40% and Shanghai Tin closed down 1.62%. Alumina closed up 1.09% at night. Stainless steel night plate closed down 0.92%.


New york cocoa futures rose more than 4% to $11,296 a tonne.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)Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.

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