understanding digital currency, Top stories

2024-12-14 03:20:51

Since 2024, 27 new funds have been established in the US municipal bond ETF market, setting an annual record high. New members include PGIM and Rockefeller Asset Management. However, in the $142 billion municipal bond ETF market, the asset management scale of many ETFs is less than $50 million.China biopharmaceuticals announced on the Hong Kong Stock Exchange that Alibulin mesylate injection was approved for listing.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.


The price of basic load electricity delivered in Germany the next day rose by 30.6% to 320 Euro/MWh, the highest level since mid-December 2022.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.The Israeli military says it has cracked down on 320 strategic targets in Syria since the weekend.


White House: The United States is in close contact with Turkish and Syrian democratic forces on the issue of Mambiji. At present, there is no discussion about changing the policy of the Sharm el-Liberation Organization, but we are observing their actions.Jun Chang Digital, a Chinese stock, rose more than 16% before trading, and its share price is expected to hit a new high. EHGO.US, a China office solution provider, rose more than 16% before trading, and its share price is expected to hit a new high. The company mainly provides sales, leasing and after-sales service of office equipment in China through its operating company Junzhang Shanghai under the VIE framework, and has 155 service points and more than 1,000 technicians. Founded in 2015, the company's revenue in the past 12 months reached $17 million.Zara's parent company Inditex's revenue increased by 7.1% and its net profit increased by 8.5% in the first three quarters. On December 11th, Zara's parent company Inditex's revenue increased by 7.1% to 27.4 billion euros, its net profit increased by 8.5% to 4.4 billion euros, and its gross profit margin increased by 4 basis points to 59.4%.

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