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2024-12-14 07:34:59

The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.Bitcoin exceeded $99,000/piece, up 2.49% in the day.Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.


Hershey's share price fell by about 4%.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)


MicroStrategy rose more than 5%, and Bitcoin strengthened again today, rising nearly 4% to nearly $100,000.Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.

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