The Baltic dry bulk freight index fell 4.61% to 1055 points.Indian government sources: negotiations on a free trade agreement between India and Britain will begin at the end of January next year.Traders' interest rate expectations for the European Central Bank remain stable: it is expected to cut interest rates by 127 basis points in 2025.
On December 11th, it was reported that the U.S. government was divided over the U.S. steel acquisition, and Biden considered blocking the transaction. It was reported that the U.S. Department of Defense, the Ministry of Finance and the State Council all believed that the Japanese Steel Company's $15 billion acquisition of American steel companies would not bring national security risks, but U.S. President Biden was expected to block the transaction. Earlier, some media quoted people familiar with the matter as saying that Biden planned to block the acquisition of American steel companies later this month on the grounds of national security. The Committee on Foreign Investment in the United States has been reviewing the proposed acquisition for most of this year, and the group must submit its decision to Biden before December 22 or 23.German two-year bonds recovered their decline and the yield was flat at 1.95%.COMEX silver fell 1% in the day, Comex silver fell 1% in the day, and it is now reported at $32.63 per ounce.
Bank of America Securities lowered the Adobe target price from $640.00 to $605.00.As of December 6, 2024, Pakistan's foreign exchange reserves were $12.1 billion.After the European Central Bank announced the interest rate decision, EUR/USD rose 15 points to 1.0484.