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The price of basic load electricity delivered in Germany the next day rose by 30.6% to 320 Euro/MWh, the highest level since mid-December 2022.Syria's new rulers have told business leaders that they seek to turn to a free market economy.CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.

The USDA raised Ukraine's corn production in 2024/25 from the previous 26.2 million tons to 26.5 million tons.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.The suspect in the murder case of CEO of United Health Insurance will receive an extradition hearing in Pennsylvania on Tuesday.

China Pacific Insurance: In the first 11 months, the accumulated life insurance premium income was 228.8 billion yuan. China Pacific Insurance announced that during the period from January 1, 2024 to November 30, 2024, the accumulated original insurance premium income of China Pacific Life Insurance Co., Ltd., a subsidiary of the company, was 228.842 billion yuan, up 2.2% year-on-year. The accumulated original insurance premium income of China Pacific Property Insurance Co., Ltd. was 187.033 billion yuan, up 7.7% year-on-year.United States Department of Agriculture (USDA): It is estimated that the total inventory of wheat in the United States at the end of the period will be 795 million bushels, and analysts expect 815.08 million bushels. USDA had previously expected 815 million bushels.The first 10,000-meter tunnel of Xikang High-speed Railway was completed. The Huajiashan Tunnel of Xikang High-speed Railway, which was built by Shaanxi Company of Xicheng Passenger Dedicated Railway, designed by Tieyi Hospital and built by China Railway 19th Bureau, was successfully completed on the 11th. This is the first 10,000-meter tunnel of Xikang High-speed Railway, marking the phased progress of the entire control project of Xikang High-speed Railway. Up to now, 10 Xikang high-speed railway tunnels have been run through, and the tunnel project has completed 95% of the total design, laying a solid foundation for the next step of ballastless ballast bed construction. (Zhongxin. com)