what is crypto currency market- Top Top stories

2024-12-13 05:39:06

Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.Bitcoin rose by 4.5% and stood at $100,000 again. Bitcoin strengthened again today, rising by 4.5% in the day and standing at $100,000 again. Ethereum rose more than 6% and approached $3,800.The S&P 500 index opened up 0.5%, while the Nasdaq 100 index rose 0.9%.


Market analysis: The US CPI report is in line with expectations, and the stock market will breathe a sigh of relief. Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be further impacted. Everything is in line with expectations, and the stock market seems to breathe a sigh of relief, because this is another steady report with no surprises. The stock market seems to be ready for higher-than-expected data, but since there is no accident, the market is relieved. Although the short-term bond market has some reaction, the long-term bond market has no reaction.CFO of Goldman Sachs: Deregulation by the US government will promote more business activities within the company.The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.


Barclays: M&A and cooperation between banks and financial technology companies will grow.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.Jiangling motors and Autoliv signed a strategic cooperation agreement. On December 11th, jiangling motors and Autoliv signed a strategic cooperation agreement in Nanchang, aiming at establishing a long-term and stable strategic partnership, and jointly laying out the global automobile industry field through a series of cooperation measures such as resource integration, technology sharing and sharing.

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