Domestic News:
1. Li Qiang chaired a meeting of the Leading Group for the Drafting of the 15th Five-Year Plan Outline of the State Council.
2. Kuaishou: Attacked by black market actors; police have been notified.
3. All flights on 46 China-Japan routes will be cancelled in the next two weeks.
4. The five major futures exchanges announced reductions or exemptions of delivery fees and related charges for 2026.
5. The Shanghai Futures Exchange adjusted transaction fees and trading limits for silver futures contracts.
6. The Ministry of Commerce announced temporary anti-subsidy measures on imported dairy products originating from the EU.
International News:
1. US media: Russia has begun evacuating the families of its diplomats in Venezuela.
2. US-Ukraine negotiations concluded; Zelensky stated that key work on the initial draft of the "peace plan" has been completed.
3. New Zealand announced a free trade agreement with India, which is expected to be signed in the first half of 2026.
4. The Japanese Finance Minister strongly warned that the government has the "freedom" to take decisive foreign exchange intervention measures. 5. Trump: Approved plans for the Navy to begin construction of two new battleships. He will also add aircraft carriers.
6. Precious metals surged, with spot gold and silver reaching new highs above $4400 and $69 respectively, while platinum and palladium also hit new highs.
7. Federal Reserve – ① Milan: The necessity for a 50 basis point rate cut has diminished. If no one replaces me by January 31, I may remain in my position. ② US media: Trump may appoint a new Federal Reserve Chairman in the first week of January.
