Spanish Foreign Minister: The two-state solution is the solution to the Middle East issue.Mackler, Governor of the Bank of Canada: We have seen a considerable rebound in real estate activities, but the price has not risen, which is good news.German Ministry of Economic Affairs: German government abandons expansion plan of natural gas plant.
Mackler, Governor of the Bank of Canada: Canada has not experienced the typical widespread unemployment phenomenon during the recession for the time being. Most of the depreciation of the Canadian dollar is actually driven by the appreciation of the US dollar; The Canadian dollar has not changed much compared with other major currencies.The US Treasury auctioned four-month treasury bonds, and the winning bid rate was 4.240% (4.315% on December 4th), and the bid multiple was 2.83 (3.10 in the previous auction).WTI crude oil increased to 2% in the day and is now reported at 69.55 USD/barrel; Brent crude oil is now up 1.67%.
On the African stock market, on Wednesday (December 11th), South Africa's FTSE /JSE Africa Top 40 tradable index closed down 0.29% to 78,478.82 points. The constituent stock Angra Ashanti Gold rose by 3.06%, ranking second. The South African rand rose 0.57% against the US dollar, reaching a new high of 17.6846 rand.Global Times editorial: China is still the main engine of global trade growth. Statistics recently released by official website of the General Administration of Customs show that the total import and export value of China's goods trade in the first 11 months of this year was 39.79 trillion yuan, up 4.9% year-on-year. Among them, exports reached 23.04 trillion yuan, up 6.7%; Imports reached 16.75 trillion yuan, up 2.4%. This is a further development of China's position as the world's largest country in goods trade for seven consecutive years, and its export accounts for 14.2% of the world's total in 2023, which means that the position of China manufacturing with high "cost performance" in the international production and supply chain continues to increase. The publication of this foreign trade "report card" once again shows the strong resilience and vitality of China's economy. (Global Times)US Treasury Secretary Yellen: I hope that the next government will pay for extending the tax reduction policy.