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London cocoa futures rose more than 4% to 8516 pounds a ton.Georgian President: He will not leave the presidential palace after his term ends. On December 13th, local time, Georgian President Zurabishvili said that he would not leave the presidential palace after his term ends. Georgian President Zurabishvili said on November 30th local time that although her term of office is coming to an end, she will not hand over power because the current parliament is illegal. She will remain president "until a new parliament is legally elected". According to the Georgian Constitution, Zurabishvili's six-year term will expire on December 16th. The Georgian Parliament passed a resolution on November 26th, deciding to hold the presidential election on December 14th and the inauguration ceremony of the new president on December 29th. Georgia held a new parliamentary election on October 26, and the Georgian Dream Party won more than half of the votes. Four opposition coalitions, which also entered the parliament, refused to recognize the election results and demanded a new parliamentary election. Zurabishvili announced on October 27th that it would not recognize the results of the new parliamentary election.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.

GBP/USD fell more than 0.50% in the day, and now it is reported at 1.2611.Laurent Vauquier, French conservative leader: We will wait for Prime Minister Bayrou's policy plan before deciding whether to join the government.European members of NATO are considering increasing the proportion of military expenditure. On December 12th, the Financial Times reported that some European members of NATO are considering increasing the proportion of national defense expenditure in their gross domestic product (GDP) from the current 2% to 3%, which will bring budgetary pressure to many European countries.

Japanese yen moves towards the longest losing streak since June. Traders bet that the Bank of Japan will stay put and the yen will move towards the longest losing streak against the US dollar since June. Traders bet that the Bank of Japan will not raise interest rates next week. The yen continued to fall on Friday, falling 0.7% against the US dollar to 153.72 yen, the lowest level since November 26th. The yen has fallen for the fifth day in a row, and is heading for the worst weekly performance in more than two months. Earlier this week, it was reported that the Bank of Japan thought that it would not pay a huge price to wait until January or later, because there were signs that there was little risk that inflation might exceed the target. It is reported that officials are still open to taking action next week, depending on data and market trends.Francois bayrou, the new French Prime Minister: Reducing French debt is a moral obligation.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.