Fitch Ratings: US state and local governments are expected to return to normal in 2025.Bank of America promoted 387 new managing directors, an increase of 16% compared with last year. According to informed sources, Bank of America promoted 387 employees to managing directors, an increase of 16% compared with last year's total. People familiar with the matter said that more than half of those promoted to managing director were women or ethnic minorities.National Bank of Canada: cut the benchmark interest rate by 50 basis points to 5.45%.
Euronext: Due to an accident in the waterway, the delivery point along the Mosel River of the February 2025 rapeseed futures (COMG5) contract will be unavailable until further notice.Argentina's MERVAL index closed up 3.94% to 2.288 million points.Euronext: Due to an accident in the waterway, the delivery point of its February 2025 rapeseed futures (COMG5) contract along the Mosel River will be unavailable until further notice.
Nymex January natural gas futures closed up about 6.80% to $3.3780 per million british thermal unit.Brazil's Vale: An agreement was reached with the US Department of Energy to provide $282.9 million in financing for the Louisiana plant until 2031.Brazilian President Luiz Inacio Lula da Silva will receive a new medical treatment on Thursday to prevent further brain bleeding, the Sao Paulo newspaper reported.