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South Korea's ruling party is discussing the possibility of letting Yin Xiyue resign in February or March next year. According to many media reports on December 10th, South Korea's ruling National Power Party will announce the road map of South Korean President Yin Xiyue's "orderly withdrawal", and may announce the time and manner of Yin Xiyue's early retirement, including the different possibilities of "resignation in February and general election in April" or "resignation in March and general election in May". Lee Yang-soo, a member of the ruling party in charge of political stability, said that compared with impeachment, the timetables of the above two schemes have advanced faster, and Yin Xiyue's resignation and holding presidential elections will reduce uncertainty and minimize public opinion differences; "Yin Xiyue should step down in a safer and more dignified way than impeachment", and the party needs to make a decision on Yin Xiyue's "orderly withdrawal" this week. Earlier, Li Zaiming, leader of South Korea's largest opposition party, stressed that Yin Xiyue must be successfully impeached on December 14th.Council of the European Union: Poland will hold the rotating presidency of the Council from January to the end of June 2025.On the 10th, coke rose by 3.10%, and the latest main contract positions changed as follows. According to the exchange data, as of December 10th, the main contract coke closed at 2501, up or down by +3.10%, with a turnover of 33,900 lots. The position data showed that the top 20 seats were clear, and the difference position was 1,358 lots. The total number of contracts for coke futures was 44,100 lots, an increase of 21,000 lots over the previous day. The first 20 seats in the contract held 13,400 lots, a decrease of 959 lots from the previous day. The first 20 seats in the contract held 14,800 short positions, a decrease of 1,497 lots from the previous day. (Sina Futures)

Huawei signed a comprehensive cooperation agreement with Huazhong Normal University. On December 10th, according to Huawei China official micro-news, Huazhong Normal University and Huawei Technologies Co., Ltd. signed a comprehensive cooperation agreement in Sanya, Dongguan. According to the agreement, the two sides will establish a comprehensive cooperative relationship in ICT talent training, scientific research innovation and smart campus.The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.On the 10th, the No.20 rubber fell by 2.30%, and the latest main contract positions changed as follows. According to the exchange data, as of December 10th, the main contract No.20 rubber 2502 closed, up or down by -2.30%, with a turnover of 175,800 lots. The position data showed that the top 20 seats were clear, and the difference position was 8,087 lots. A total of 225,200 lots were traded in the No.20 rubber futures contract, a decrease of 31,600 lots from the previous day. The first 20 seats in the contract held 82,300 lots, a decrease of 8,332 lots from the previous day. Short positions in the top 20 seats of the contract were 94,000 lots, a decrease of 9,465 lots from the previous day. (Sina Futures)

Spot gold hit $2,680 per ounce for the first time since November 25th, rising by 0.74% in the day.About 90% of China's elderly care at home. In 2024, the size of China's smart pension market may reach 6.8 trillion yuan. According to National Health Commission data, at present, China's old-age care presents a "9073" pattern, with about 90% of the elderly care at home, 7% in the community and 3% in "high-end health care". According to statistics, the smart pension market in China will reach 6.8 trillion yuan in 2024.Citigroup's chief financial officer said that investment banking fees may increase by 25% to 30% year-on-year. Income guidance is maintained at the high end of the range of $80 billion to $81 billion.