how is cryptocurrency valued, Top stories

2024-12-14 12:42:11

The yield of German 10-year government bonds is the biggest weekly increase since mid-April. The yield of German 10-year government bonds hit the highest level since November 25th, at 2.233%.Morgan Stanley raised the opening target price from $950.00 to $1,150.00.Minister of Economy of Slovakia: From next week, we will hold a series of negotiations on natural gas supply, including with EU partners and Ukraine.


 Wen Bin, chief economist of Minsheng Bank: The "scissors gap" between M2 and M1 continues to narrow, reflecting the positive trend of the economy. "The total financial volume has grown steadily, and the liquidity is reasonable and abundant, which has maintained strong support for the real economy." Wen Bin, chief economist of China Minsheng Bank, believes that the year-on-year growth rate of narrow money (M1) balance rebounded in November compared with last month, and the "scissors gap" between M2 and M1 continued to narrow, reflecting the positive economic trend. Wen Bin introduced that the medium and long-term loans of households in China are mainly personal housing mortgage loans. With the real estate financial policy taking effect, the phenomenon of early repayment of personal loans has been significantly reduced, and personal loans will continue to stabilize and rebound. The recent improvement of commercial housing transaction data and financial data confirms each other, and the confidence of the real estate market and residents is further enhanced.The Stoxx Europe 600 index fell to an intraday low of 0.5%.


The import price of the United States rose for the second consecutive month. Due to the rising fuel cost, the import price of the United States unexpectedly rose in November, rising for the second consecutive month, and geopolitical tensions pushed up the fuel price. According to data released by the US Department of Labor on Friday, US import prices rose by 0.1% month-on-month in November, which was the same as that of last month. Economists had expected a drop of 0.2%. The US Department of Labor said that the main reason for the increase in import prices in the United States last month was the increase in fuel prices. Due to the increasing tension in the Middle East, the price of imported oil rose by 0.4% in November, after a cumulative decline of 12% from July to October. The data shows that non-oil prices rose by 0.2%.After RIOT bought 5117 Bitcoin for $510 million, its share price rose by 1.8% before the market.The Stoxx Europe 600 index fell to an intraday low of 0.5%.

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