The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.
COMEX silver futures rose 1.0% in the day to $33.09 per ounce.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.
Saudi Arabia won the right to host the 2034 World Cup, and the FIFA Council confirmed that the 2034 World Cup will be hosted by Saudi Arabia, which is the third time that Asia has hosted the World Cup. At the same time, Saudi Arabia is also the only bidding country for the 2034 World Cup. The Saudi Football Association announced its bid to host the 2034 World Cup on October 9, 2023. By the deadline of November 1, 2023, there was still only one bidding country in Saudi Arabia. This is the first time in nearly 60 years that FIFA has determined the right to host the World Cup without competitors. Saudi Arabia is also the fourth Asian country to host the World Cup after South Korea and Japan in 2002 and Qatar in 2022. This is the second time that the World Cup has entered West Asia.Barclays: M&A and cooperation between banks and financial technology companies will grow.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.