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The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Yu Jianhua, director of the General Administration of Customs, died of illness. On December 10, 2024, Comrade Yu Jianhua, secretary of the Party Committee and director of the General Administration of Customs of the Communist Party of China, died unfortunately at the age of 63. (Issued by the Customs)

Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.The Nasdaq index just broke through the 19900.00 mark, and the latest report was 19900.89, up 1.09% in the day.

Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.Toronto stock index GSPTSE rose 0.21% to 25,558.81.