CFTC: The net long position of gold, silver and copper reached a five-week high. CFTC: In the week of December 10th, the net long position of COMEX gold held by speculators increased by 18,792 contracts to 220,189 contracts, a five-week high. The net long position of COMEX silver increased to 30,685 contracts, a five-week high. The net long position of COMEX copper increased to 12,635 contracts, a five-week high. The net long position of NYMEX platinum held will reach a three-month low of2,892 contracts. The net short position of NYMEX palladium increased to 7,621 contracts, a record high of more than two months.Fitch: (Talking about American residential builders) It is estimated that the residential inventory will improve slightly in 2025, but it will remain at a low level, and it will vary from region to region.WTI crude oil futures closed up $1.27, or more than 1.81%, to $71.29/barrel, approaching the closing price of $71.96 on November 7, with a cumulative increase of more than 6.08% this week.
Baker Hughes: In the week ending December 13th, the number of oil rigs in the United States remained unchanged at 482 (19 fewer than the same period last year).Fitch: It is estimated that the global air passenger traffic will drop from a healthy level to a medium level in 2024, but it will still maintain strong growth.Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.
The Arab League condemned Israel's occupation of the Israeli-Syrian military buffer zone. On the evening of the 12th local time, the Council of the League of Arab States (Arab League) held a meeting at the level of permanent representative in Cairo, the capital of Egypt. The meeting finally adopted a resolution condemning Israel's occupation of the Israeli-Syrian military buffer zone and the surrounding areas, including Mount Sheikh, Quneitra and the suburbs of Damascus. The resolution holds that Israel's actions violate the disengagement agreement signed by the two sides in 1974. The resolution also condemned Israel's attacks on some civilian and military sites in Syria. The resolution calls on the international community to urge Israel to abide by relevant resolutions of international legitimacy, especially Security Council resolution 497, which calls for Israel to withdraw its troops from the occupied Golan Heights.Coca-Cola Brazil invested R $550 million (US$ 91 million) to expand the concentrated solution plant in Amazon.US Treasury Secretary Yellen: Banking supervision is crucial to reduce the risk of bank failures and financial crises.
Strategy guide 12-14
Strategy guide
12-14