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French caretaker government proposed a "special law" to prevent the lockout. French caretaker government spokesman Maud Bregeon said on the 11th that the caretaker cabinet meeting held that day proposed a draft "special law" on the 2025 budget to prevent the government from falling into lockout due to funding problems, and the draft will be submitted to Parliament for deliberation next week. Bregeon said that the meeting of the day was presided over by President Macron, and the draft "special law" was designed to ensure that the government could continue to operate in the event of the temporary absence of the 2025 budget. (Xinhua News Agency)COMEX silver futures rose 1.0% in the day to $33.09 per ounce.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.

The power company said that Nigeria suffered a nationwide power outage due to power grid failure.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."

The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.