accounting for digital currency Top Featured

Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "The spot gold price once again stood at the $2,700 mark in the day.Polish and Estonian Prime Ministers held talks to discuss regional security and other issues. Polish Prime Minister Tusk met with Estonian Prime Minister michal in Warsaw on December 11th, local time. The two countries discussed the issues of aid to Ukraine, regional security and cooperation, and Poland's taking over the rotating presidency of the European Union. Michal pointed out at a news conference that it is necessary for NATO member countries to spend more than 2.5% of their gross domestic product (GDP) on defense, and Estonia has already exceeded 2% of GDP in 2022. Michal pointed out that NATO countries are still lacking in air defense and ammunition production capacity, which must be solved quickly. Tusk said that he shared the same attitude with michal on regional security and aid to Ukraine, and he hoped that the conflict between Russia and Ukraine could be ended in a way acceptable to all. (CCTV News)

Wedbush raised the target price of C3.ai to $45, and Wedbush: raised the target price of C3.ai from $30 to $45, maintaining the "outperform" rating.Shanghai has made every effort to build an ultra-high-definition audio-visual industrial cluster with global influence. The "Audio-visual Quiet Zone" Shanghai ultra-high-definition audio-visual industrial cluster was unveiled on the 11th. On the same day, Shanghai Economic and Information Technology Commission, Shanghai Culture and Tourism Bureau and Jing 'an District People's Government signed a strategic cooperation agreement. The media, universities and the government will jointly help Shanghai to build an ultra-high-definition audio-visual industry cluster and build an international innovation center for ultra-high-definition technology in the future. (Zhongxin. com)Analyst Anna: It is expected that the CPI report in November will show the core inflation rate of 0.3% for the fourth consecutive month. This is consistent with the annual inflation increase of more than 3%, which is higher than the Fed's target of 2%. Since the middle of the year, the anti-inflation process of core CPI seems to have stagnated. There is no doubt that this will be a topic to be discussed at the FOMC meeting in December.

MetLife and General Atlantic are planning to form a reinsurance joint venture. It is reported that MetLife and General Atlantic are forming a reinsurance joint venture, which is the latest trend that insurance companies and alternative fund management companies jointly improve the return on low-risk insurance assets. Chariot Reinsurance, the joint venture, will have an initial equity of more than $1 billion, with MetLife and General Atlantic Insurance each holding about 15%. In addition, the insurance company Chubb will also become one of the major investors in the joint venture. The joint venture will be established in the first half of 2025, led by Cynthia Smith, who recently served as the head of the regional welfare business of Metropolitan Insurance Group.Shanghai has made every effort to build an ultra-high-definition audio-visual industrial cluster with global influence. The "Audio-visual Quiet Zone" Shanghai ultra-high-definition audio-visual industrial cluster was unveiled on the 11th. On the same day, Shanghai Economic and Information Technology Commission, Shanghai Culture and Tourism Bureau and Jing 'an District People's Government signed a strategic cooperation agreement. The media, universities and the government will jointly help Shanghai to build an ultra-high-definition audio-visual industry cluster and build an international innovation center for ultra-high-definition technology in the future. (Zhongxin. com)The Prime Minister of Qatar and the Spanish Foreign Minister called to emphasize the need to safeguard Syrian national unity. On December 11th, local time, the Prime Minister and Foreign Minister of Qatar called the Spanish Foreign Minister Alvarez. Apart from bilateral relations, the two sides focused on the situation in Syria. The two sides stressed the need to safeguard Syria's national unity, promote an inclusive political process and achieve a peaceful transfer of power in accordance with UN Security Council Resolution 2254, and all parties in Syria should also strengthen efforts to protect civilians and combat terrorism. The two sides also exchanged views on the latest situation in Gaza.