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.The Swiss government has decided to cancel India's "most favored nation" treatment, which means that Indian multinational companies will face the reality of tax increase by Switzerland from 2025. A year ago, the Supreme Court of India ruled that Swiss companies such as Nestle could not ask the Indian government to reduce their tax burden under the most-favored-nation (NFN) clause.Major European stock indexes closed down across the board, with Germany's DAX index down 0.10% to 20405.92, France's CAC40 index down 0.15% to 7409.57, and Britain's FTSE 100 index down 0.14% to 8300.33.
Hang Seng Index futures closed down 0.28% at 19,965 points, with a low water level of 6 points.Fitch: Supply chain constraints and labor cost inflation will continue to affect global airlines until 2025.Finance Minister of Canada: In the face of potential tariffs imposed by the United States, Canada will not escalate the situation or give in.
US CFTC:WTI crude oil bullish sentiment hit a six-week low, US Commodity Futures Trading Commission (CFTC): In the week of December 10th, the net long position of NYMEX WTI crude oil held by speculators decreased by 12,448 contracts to 103,986 contracts, a six-week low. Net long positions in Brent and WTI crude oil decreased by 11,013 contracts to 215,325 contracts. The net long position of NYMEX gasoline increased to 73,037 contracts, a record high of about eight weeks. The net short position of NYMEX heating oil increased to 46,823 contracts, the highest since the data was recorded in June 2006. The net long position of seven contracts of NYMEX natural gas Henry Hub in the United States fell to 108,908 contracts, a three-week low.Diesel exports along the Gulf Coast soared to a record high in early December last year.Spot gold fell more than 1.00% in the day and is now reported at $2,652.65 per ounce.
Strategy guide 12-14
Strategy guide 12-14