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UBS Group AG expands its American wealth department.The suspect in the murder case of CEO of United Health Insurance will receive an extradition hearing in Pennsylvania on Tuesday.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.

Since 2024, 27 new funds have been established in the US municipal bond ETF market, setting an annual record high. New members include PGIM and Rockefeller Asset Management. However, in the $142 billion municipal bond ETF market, the asset management scale of many ETFs is less than $50 million.The Israeli military says it has cracked down on 320 strategic targets in Syria since the weekend.Zara's parent company Inditex's revenue increased by 7.1% and its net profit increased by 8.5% in the first three quarters. On December 11th, Zara's parent company Inditex's revenue increased by 7.1% to 27.4 billion euros, its net profit increased by 8.5% to 4.4 billion euros, and its gross profit margin increased by 4 basis points to 59.4%.

Callas, High Representative of EU Foreign Affairs and Security Policy: The fall of Assad is a great blow to Putin and the Iranian regime.At most, alumina and Shanghai nickel closed down more than 1.7%, international copper closed up 0.10%, Shanghai copper closed flat, Shanghai aluminum closed down 0.10%, Shanghai zinc closed up 0.17%, Shanghai lead closed down 0.34%, Shanghai nickel closed down 1.47% and Shanghai tin closed up 0.13%. Alumina closed down 1.76% at night. Stainless steel night plate closed down 0.84%.The US Treasury auctioned 42-day cash management bills, and the winning interest rate was 4.320%, which was 4.400% on December 3rd.