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President of the European Central Bank: The euro zone economy continues to be weak and is still preparing to cut interest rates further. On December 12, local time, after the European Central Bank announced its decision to cut all three key interest rates by 25 basis points, President Lagarde of the European Central Bank subsequently held a press conference. She said that the Governing Council of the European Central Bank unanimously agreed to cut interest rates by 25 basis points, mainly based on the latest assessment of the current inflationary pressure, future prospects and the transmission degree of monetary policy to the real economy. On the same day, the European Central Bank also released the latest macroeconomic forecast, further lowering its expectations for economic growth in the euro zone. Lagarde said that poor economic development and continued weakness are worrying. She said that trade friction may drag down economic growth, and extensive geopolitical development is one of the upward risks of inflation. In view of the fact that the current economic growth in the euro zone is hit by domestic political instability in various countries, especially large economies such as Germany and France, and may face the threat of punitive tariffs imposed by US President-elect Trump, the European Central Bank is still preparing to cut interest rates further. Lagarde said that the ECB Council is determined to ensure that inflation is sustainable and stable at the medium-term target of 2%. The next interest rate decision is scheduled for January 30, 2025.Intel executives: TSMC is the benchmark expected by the industry.Smith, Governor of Alberta, a major Canadian oil town: We don't agree to cut oil and gas exports to the United States.

A quick look at the authority of Xinhua News Agency | The Central Economic Work Conference in 2024 will set the tone for economic work next year.Italian 10-year bond yields rose 16 basis points to 3.35%, the biggest increase since April.Market News: The Canadian government sells its shares in Air Canada.

UN spokesman: UN Secretary-General Guterres pays special attention to hundreds of air strikes by Israel on several locations in Syria. He stressed the urgent need to reduce the level of violence in all aspects of Syria.A quick look at the authority of Xinhua News Agency | The Central Economic Work Conference in 2024 will set the tone for economic work next year.Italian 10-year bond yields rose 16 basis points to 3.35%, the biggest increase since April.