us and crypto Overview

Private exporters reported that they sold 334,000 tons of soybeans to unknown destinations, and the United States Department of Agriculture (USDA) released data. Private exporters reported that they sold 334,000 tons of soybeans to unknown destinations and delivered them in 2024/2025. The annual soybean market in the United States began on September 1st.Central Economic Work Conference: Deepen the comprehensive reform of capital market investment and financing, and open up the blocking points of medium and long-term funds entering the market. The Central Economic Work Conference was held in Beijing from December 11 to 12. The meeting proposed to give play to the traction role of economic system reform and promote the implementation of landmark reform measures. High-quality completion of the deepening and upgrading of state-owned enterprise reform, the introduction of private economy promotion law. Carry out special actions to standardize law enforcement involving enterprises. Formulate guidelines for the construction of a unified national market. Strengthen supervision and promote the healthy development of platform economy. Make overall plans to promote the reform of the fiscal and taxation system and increase local independent financial resources. Deepen the comprehensive reform of investment and financing in the capital market, open up the blocking points of medium and long-term funds entering the market, and enhance the inclusiveness and adaptability of the capital market system.Jili Liaoyuan reported a suspected gas explosion in a residential area: 13 people were hospitalized, including 2 seriously injured. Liaoyuan City Emergency Management Bureau reported that at 18: 17 pm on December 12, the municipal fire rescue detachment received an alarm, and a suspected gas explosion occurred in a residential area in Liaoyuan City. At present, the open flame has been extinguished, and 13 people were hospitalized, including 2 seriously injured. The cause of the accident is under investigation.

The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.The dollar index DXY fell more than 20 points in the short term and is now reported at 106.58. Non-US currencies collectively rose, with GBP/USD of GBP rising by more than 20 points, EUR/USD of EUR/USD of EUR/USD rising by about 20 points and USD/JPY of USD/JPY rising by about 50 points.Market news: the agency said that the number of people applying for unemployment benefits in the United States jumped to the highest level in two months, but it was still at a low level.

German Finance Minister: We need to work together on initiatives to strengthen the European economy.The stock price of RIOT platform rose 12% before the market closed. On the news, STARBOARD VALUE took a stake in bitcoin mining company RIOT.Royal Bank of Canada: The European Central Bank may move towards negative real interest rate. Royal Bank of Canada BlueBay Asset Management said that the European Central Bank may cut the interest rate below 2% next year, which the agency estimated to be a short-term neutral interest rate. Kaspar Hense, senior portfolio manager of the institution, said in a report that the core inflation rate is expected to be around 2.5% in the first half of 2025, which means that the real interest rate will be negative. He said that under the influence of unfavorable factors such as trade, continuous competitive pressure from other countries and financial problems, this should play a moderate supporting role in the economy.