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Korean media disclosed the details of the State Council meeting before and after the emergency martial law. According to Yonhap News Agency, the South Korean Ministry of Administration and Security disclosed the relevant information provided by the Presidential Palace on December 11th about the meeting to declare emergency martial law and lift martial law. According to the data, Premier Han Dezhu said that all State Councillors attending the State Council meeting on the evening of the 3rd of this month expressed their opposition to the martial law proposed by President Yin Xiyue, and believed that martial law would have a serious impact on the Korean economy and credit, and would not be accepted by the people. (CCTV International News)Xue Hongyan, Vice President of Xingtu Financial Research Institute: Stabilizing the stock market means stabilizing expectations and confidence. The Central Economic Work Conference was held in Beijing from December 11th to 12th. Why is the central government proposing to "stabilize the stock market" at this time node? What are the considerations behind it? Xue Hongyan, vice president of Xingtu Finance Research Institute, pointed out that the stock market is a barometer of the economy, and its ups and downs reflect the social expectation of the economic development prospects. In this sense, stabilizing the stock market will help to better form a positive and optimistic situation for development. Since the "924" policy shift, the A-share market has ushered in a round of surge, and the bull market has been widely discussed at the social level, which has effectively boosted market confidence. Therefore, in a sense, stabilizing the stock market means stabilizing expectations and confidence. The meeting proposed to deepen the comprehensive reform of investment and financing in the capital market. What is the internal relationship between this and "stabilizing the stock market", and how should the next step of "deepening the comprehensive reform of investment and financing in the capital market" be exerted? Xue Hongyan said that the value of the capital market is mainly reflected in two aspects: one is to serve the high-quality development of the real economy with financing function, and the other is to let investors share more fruits of economic development with investment function, which are mutually causal and indispensable. Xue Hongyan believes that this round of capital market reform, emphasizing on vigorously guiding medium and long-term funds to enter the market, opening up the blocking points of social security, insurance, wealth management and other funds to enter the market, and emphasizing the protection of the interests of small and medium-sized investors, will help fundamentally improve the capital supply and demand structure and micro-ecology, and lay a solid foundation for the long-term cattle market. (The country is a through train)The US dollar index DXY rebounded nearly 20 points in the short term and is now reported at 106.65.

Russia said that Ukraine used American-made missiles to attack Russian airports. Russian Presidential Press Secretary peskov said today (December 12) that Russia will definitely respond to Ukraine's attack on Russian military airports using American-made army tactical missiles. Sabrina Singh, deputy spokesperson of the US Department of Defense, said on the 11th that Russia may launch the Hazelnut missile again in the next few days, and the United States will continue to support Ukraine in air defense. (CCTV International News)Adobe(ADBE.O) fell by 12%, the biggest one-day drop since March 15th.British Prime Minister Stamer met with the President of the European Council for the first time to confirm his intention to strengthen cooperation. According to the announcement issued by the British Prime Minister's Office, British Prime Minister Stamer met with the President of the European Council antonio costa in Downing Street on the afternoon of December 12th local time. The British Prime Minister's Office said that this was the first meeting between the two men, and the two sides confirmed their intention to strengthen the relationship between Britain and the EU. The British Prime Minister's Office also stated that Costa invited Stamer to attend the informal meeting of EU leaders held in Brussels on February 3, 2025. Stamer was pleased to accept the invitation and looked forward to discussing with the EU how to strengthen strategic cooperation, especially in national defense.

European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy. European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy.Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.Brazilian Presidential Spokesman: President Lula will run for re-election in 2026.