Aldo Spanjer, Commodity Strategist of BNP Paribas: It is estimated that the average price of Brent crude oil will be 71 USD/barrel in 2026.The Permanent Representative of Switzerland to Geneva was elected as the new President of the UN Human Rights Council. On December 9, local time, the UN Human Rights Council announced that Jürg Lauber, the Permanent Representative of Switzerland to the United Nations in Geneva, would take over the post of President of the UN Human Rights Council for one year from January 2025. (CCTV)Analysts such as Max Layton of Citigroup predicted in the global commodity outlook in 2025 that there would be a "substantial oversupply" of 1.5 million barrels per day in the second quarter of 2025. The average price of Brent crude oil may be $60/barrel in 2025, and it may be the same level in 2026.
The US Treasury auctioned three-month treasury bonds, and the winning interest rate was 4.300% (4.400% reported on December 2), and the bid multiple was 2.89 (2.89 in the previous time). Auction of six-month treasury bonds, the winning interest rate is 4.200% (reported on December 2, 4.305%), and the bid multiple is 2.90 (the previous one was 3.02).Syrian opposition forces: they pardoned all soldiers who were drafted into the army.FSM rose by about 11%, leading the gold and silver mining stocks. The changes in the Syrian situation brought safe-haven demand. Gold and silver mining stocks rose across the board, Fortuna Mining rose by about 11%, Hekla Mining rose by about 10.3%, Cordailun Mining rose by over 8.9%, Pan American Silver rose by about 8.6%, harmony Gold rose by over 8.1%, Jintian Company rose by about 5.5%, gold mining stock ETF rose by over 5.2%, and B2gold.
Turkish President Erdogan: Turkey has always been a safe haven for Syrians fleeing the war.European natural gas futures fell by about 3%. At the end of the European market on Monday (December 9), ICE British natural gas futures fell by 3.51% to 111.800 pence/kcal. TTF benchmark Dutch natural gas futures fell 2.96% to 45.075 Euro/MWh. According to Bloomberg data, at 21:33 Beijing time, it instantly dived from above 45 euros to 35.400 euros, and instantly rebounded to around 45 euros. ICE EU carbon emissions trading license (futures price) fell 2.62% to 66.52 euros/ton.Italian Ministry of Finance: Up to 8.5 billion euros of bonds will be auctioned on December 12th, and the bond auction scheduled for December 30th and 31st will be cancelled.
Strategy guide
Strategy guide
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
12-13