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%.The USDA raised Ukraine's corn production in 2024/25 from the previous 26.2 million tons to 26.5 million tons.Before the publication of USDA monthly report, CBOT soybeans rose by 0.53%, CBOT corn rose by 0.11%, CBOT soybean meal rose by 0.9%, CBOT soybean oil fell by 0.33%, and CBOT wheat rose by 0.27%.
United Nations report: Three quarters of the earth's land is gradually dry due to climate change. The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP 16) was held in Riyadh, Saudi Arabia, from December 2 to 13. On the 9th, the United Nations released a report during the meeting, saying that about three-quarters of the world's land has gradually become dry due to climate change. The report found that in the 30 years before 2020, about 77.6% of the world's land became drier than before. At present, except Antarctica, the dry land area accounts for about 40% of the global land area. Between 1990 and 2020 alone, the global dry land area increased by 4.3 million square kilometers.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.Billionaire Club, the total net assets of some members of Trump's "new team" exceed 382.2 billion US dollars, and the second administration of President-elect Trump of the United States will soon become the richest government in American history. According to media statistics, at least 11 of the cabinets and officials nominated by Trump are either billionaires themselves or have billionaire spouses. So far, Trump's nominated billionaires include Tesla CEO Musk, technology entrepreneur Ramaswami, former professional wrestling tycoon Linda McMahon, and Wall Street executive Tonuk. North Dakota Governor Boulcourt, Money manager Doug Burgum, entrepreneur Jared Isaacman, real estate tycoon Steven Witkoff and investment banker Warren Stephens. According to Forbes statistics, as of December 10th, the total net assets of billionaire officials nominated by Trump reached at least $382.2 billion, equivalent to the gross domestic product (GDP) of more than 172 countries and regions. (CBN)
Oil from the United States and Bulgaria rose by more than 1.00% in a day, and now they are reported at $68.88/barrel and $72.53/barrel respectively.USDA: In December, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels. According to USDA data, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels in December and 4.461 billion bushels in November. In December, the US soybean ending inventory in 2024/2025 is expected to be 470 million bushels, the market is expected to be 469 million bushels, and it is expected to be 470 million bushels in November. In December, the annual soybean yield in the United States in 2024/2025 is expected to be 51.7 bushels/acre, and it is expected to be 51.7 bushels/acre in November.CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide
12-13