🦖 Daily Report
1. Precious Metals Rise
1. Spot Gold: Reached a historic high with a daily peak of $4530/ounce, closing around $4510/ounce
2. Spot Silver: Surpassed $75/ounce, continuing to set historic highs
3. Copper Prices: Also reached new highs, driven by supply constraints and electricity demand
2. Exchange Rate Dynamics
1. Yen: Dropped to 156.19 against the USD, with Japan's finance minister issuing a warning for intervention. $ETH
2. Won: South Korea has repeatedly intervened verbally to stabilize the exchange rate, with the won rising 1.2% against the USD to 1429.85, after approaching 1500
3. Other Key Points
• Major stock markets in Europe and the US are closed for Boxing Day, with US stock futures showing slight fluctuations, the Nikkei 225 up 0.7%, and the South Korean composite index up 0.5%
• The 10-year US Treasury yield slightly increased to 4.15%
• The Central Bank of Egypt cut interest rates by 100 basis points, with overnight lending and deposit rates at 20%/21%
