creating a crypto coin Overview

Spot gold stood at $2,710 per ounce, up 0.63% in the day.Toronto stock index GSPTSE rose 0.21% to 25,558.81.The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.

The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.According to statistics, on December 11th, as of press time, four A-share listed companies, including Fuguang, Jingsong Intelligent, China Nuclear Power and Nanmo Bio, disclosed their holdings.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.According to statistics, on December 11th, as of press time, four A-share listed companies, including Fuguang, Jingsong Intelligent, China Nuclear Power and Nanmo Bio, disclosed their holdings.If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."