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Brazilian Congress Leader: Brazilian President Lula is expected to return to Brasilia after surgery next Tuesday or Wednesday.Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."

The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.King of Jordan: Strengthen coordination with Iraq to meet challenges. When meeting with visiting Iraqi Prime Minister Al-Sudani on the 11th, King Abdullah II of Jordan said that coordination between Jordan and Iraq should be strengthened to meet the challenges brought by the regional situation. The Royal Palace of Jordan issued a statement on the same day saying that Abdullah II emphasized the importance of strengthening coordination between Jordan and Iraq in order to meet the challenges brought by the regional situation and do his utmost to prevent the region from falling into chaos and expanding conflicts. (Xinhua News Agency)

Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.Spot gold stood at $2,710 per ounce, up 0.63% in the day.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.