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The won fell more than 0.5% on Monday, approaching the bottom of 1444 won in recent days. On Monday (December 9), the won finally fell by 0.54% against the US dollar to 1430.64 won, and the intraday trading range was 1425.04-1438.42 won, continuing to approach the 1444.09 won that fell on December 3 ("curfew farce night"). On Monday, South Korea's Ministry of Justice banned President Yin Xiyue from leaving the country. The ruling party of the president set up a working group to stabilize the situation, and the prosecution applied for an arrest warrant against former defense minister Jin Longxian. South Korea's main opposition party sought to pass the budget and related bills on Tuesday.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.Pimco tends to reduce its holdings of longer-term US Treasury bonds. The main reason is the rising deficit. Marc Seidner and Pramol Dhawan, managing directors of Pimco, wrote in a report on Monday that they have been "reducing the allocation of longer-term bonds" and prefer short-term US Treasury bonds. As the size of US Treasury bonds soared from $17 trillion before the outbreak to nearly $29 trillion, the concern about the increase in the yield of long-term treasury bonds caused by the increase in US debt has become a flash point in the market. What investors are most worried about is the recurrence of the phenomenon of "bond self-defense forces" in the 1980s and early 1990s, that is, some bondholders aggressively sold US Treasury bonds because of the huge government financial expenditure. Seidner and Dhawan wrote, "It is difficult to predict the sudden reaction of the market to long-term trends. No organized self-defense force is prepared to take action on a specific debt threshold, and changes in investor behavior usually occur over time. " Pimco said that in view of the sustainability of US debt and the impact of potential inflation catalysts on the labor force, the institution hesitated to buy long-term debt.

Syrian opposition sources said that the United States and Turkey reached an agreement that the Kurdish Syrian armed forces supported by the United States would safely evacuate the besieged town of Mambiji.Market Information: Former Syrian Prime Minister: Agreed to hand over power to the "Syrian Government for National Salvation".The United States may cancel the identification of the terrorist organization of the Syrian "Sharm Liberation Organization". An anonymous senior official of the US government told the media on the 8 th that the US government does not rule out removing the Syrian "Sharm Liberation Organization" from the list of terrorist organizations recognized by the United States in order to establish closer ties with it. The official said at a media briefing organized by the US National Security Council on the 8th that the US side would "make a wise decision based on the actual situation and in a cautious and pragmatic manner" in the process of armed contact with a number of Syrian opposition groups, including the Sham Liberation Organization. The official said that the "Sharm Liberation Organization" is an important part of the transition process of the Syrian government. On the premise of meeting the interests of the United States, the US government intends to contact it in an appropriate way. In 2018, the US government identified the Sham Liberation Organization as a terrorist organization. (Xinhua News Agency)

The Syrian opposition, which is based in Turkey, said that Turkey is participating in the rescue of prisoners held in places such as Saeed Naya.Looking at the new trend of economic work in 2025 from the perspective of Politburo meeting of the Chinese Communist Party, Xinhua News Agency said that the meeting released a clear signal of "being more active and promising" in view of next year's macro-policy orientation by implementing a more active fiscal policy and a moderately loose monetary policy, enriching and improving the policy toolbox, strengthening unconventional countercyclical adjustment, and laying a good policy "combination boxing". The expression "moderately loose monetary policy" at the meeting attracted people's attention. The meeting proposed that "we should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions", which not only reflected the consistent requirements, but also further demonstrated the clear orientation of expanding domestic demand. Shaping new advantages of industrial development with scientific and technological innovation. Relying on reform and opening up to enhance the endogenous driving force for development. Increase efforts to safeguard and improve people's livelihood.Looking at the new trend of economic work in 2025 from the perspective of Politburo meeting of the Chinese Communist Party, Xinhua News Agency said that the meeting released a clear signal of "being more active and promising" in view of next year's macro-policy orientation by implementing a more active fiscal policy and a moderately loose monetary policy, enriching and improving the policy toolbox, strengthening unconventional countercyclical adjustment, and laying a good policy "combination boxing". The expression "moderately loose monetary policy" at the meeting attracted people's attention. The meeting proposed that "we should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions", which not only reflected the consistent requirements, but also further demonstrated the clear orientation of expanding domestic demand. Shaping new advantages of industrial development with scientific and technological innovation. Relying on reform and opening up to enhance the endogenous driving force for development. Increase efforts to safeguard and improve people's livelihood.