what is digital money called- Top Featured

Finance Minister of Canada: The debt-to-GDP ratio will reach the government target of 42.1% in fiscal year 23-24.The central bank will buy more than 4 tons of gold after half a year. Will the price of gold rise? According to the latest data from the Bank of China, the official gold reserve of China at the end of November 2024 was 72.96 million ounces, an increase of 160,000 ounces (about 4.54 tons) compared with the end of October, which means that the People's Bank of China increased its holdings of gold for the first time in half a year. Why did the central bank buy gold again after half a year? What is the trend of the subsequent gold price? Guo Zhongwei, chief analyst of non-ferrous industry in Zhongtai Securities, said in an interview that the uncertainty of the global situation has increased recently, especially Trump is about to officially take office as president of the United States, or the anti-globalization trend has been intensified, thus increasing the instability of the external environment. In this context, increasing gold holdings will help to enhance the security of China's reserve assets. . The market generally believes that the resumption of gold purchase by the Bank of China resonates with the global interest rate cut cycle, and the increase in holdings is significantly higher than the level of the last gold purchase before the suspension, which not only strongly supports the gold price, but also greatly boosts the market's confidence in the market outlook. (The country is a through train)EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.

TSMC ADR fell before the market, but analysts said that the demand for artificial intelligence remained strong. TSMC ADR fell by 0.6% in pre-market trading in the United States, after the world's largest chip foundry announced its sales data for November. Analysts said that the data is a positive signal of TSMC's quarterly revenue. Bernstein analysts said that the company's revenue in October and November totaled 590 billion Taiwan dollars, accounting for 69.6% of TSMC's guidance midpoint in the fourth quarter of 2024, close to the high end of the range of 65-72% in December of the past eight years. If December follows the average seasonal factors of the past eight years, the income in the fourth quarter of 2024 will be 1.7% higher than the midpoint of the guidance interval and 1.2% higher than the market expectation.Chief Financial Officer of Citigroup: The credit card default incident did not bring any accidents.Consumer prices in Ukraine rose by 11.2% year-on-year in November, with an estimated increase of 10.4%; In November, consumer prices rose by 1.9% month-on-month, and it is estimated to rise by 1.5%.

Israeli forces bombed northern Gaza, killing 25 people. The Palestinian Islamic Resistance Movement (Hamas) Media Office issued a statement on the 10th, saying that Israeli forces bombed Beit Hanoun, a city in the northern Gaza, on the evening of the 9th, killing at least 25 people and injuring or missing dozens more. The statement said that the attack was on a multi-storey building and the victims included more than 10 children and women. As the Israeli army continues to carry out operations in northern gaza province, the local medical system is under great pressure. The Israeli army also blocked the entry of emergency personnel and medicines. The Israeli army has not yet responded to this. (Xinhua News Agency)Consumer prices in Ukraine rose by 11.2% year-on-year in November, with an estimated increase of 10.4%; In November, consumer prices rose by 1.9% month-on-month, and it is estimated to rise by 1.5%.According to statistics, on December 10th, as of press time, 10 A-share listed companies including Haineng Industry, Hangzhou Gaoxin, Wanrun Xinneng, Zhenshitong, Yidiantianxia, Wentai Technology, Huahong Technology, Yifeng Pharmacy, Blue Arrow Electronics and Guoxin Technology disclosed their holdings after the hours.