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European Central Bank President Lagarde: Due to the lack of budgets submitted by member States, there is uncertainty. Elections in various countries also lead to their own uncertainties.Brazilian Presidential Spokesman: President Lula will run for re-election in 2026.Spot silver fell below $31 per ounce, down 2.82% in the day. COMEX silver fell 4.00% in the day and is now quoted at $31.65 per ounce.

Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.SINOMACH (ING): It will be "neutral" to stop the easing cycle (temporarily) after the European Central Bank cuts interest rates again.European Central Bank President Lagarde: Due to the lack of budgets submitted by member States, there is uncertainty. Elections in various countries also lead to their own uncertainties.

Syrian Information Minister: Turkish Foreign Minister, Intelligence Minister and Qatar National Security Minister met with Syrian opposition leader Shara and caretaker Prime Minister Bashir in Damascus.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.The forecast of the European Central Bank assumes that the oil price will be $81.8 per barrel in 2024, $71.8 per barrel in 2025, $70.1 per barrel in 2026 and $69.2 per barrel in 2027.