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Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.

Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.The power company said that Nigeria suffered a nationwide power outage due to power grid failure.Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)

Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.CFO of Goldman Sachs: Deregulation by the US government will promote more business activities within the company.King of Jordan: Strengthen coordination with Iraq to meet challenges. When meeting with visiting Iraqi Prime Minister Al-Sudani on the 11th, King Abdullah II of Jordan said that coordination between Jordan and Iraq should be strengthened to meet the challenges brought by the regional situation. The Royal Palace of Jordan issued a statement on the same day saying that Abdullah II emphasized the importance of strengthening coordination between Jordan and Iraq in order to meet the challenges brought by the regional situation and do his utmost to prevent the region from falling into chaos and expanding conflicts. (Xinhua News Agency)