the digital dollar- Top Block

 The Japanese yen fell by 0.8% and fell below 151, while the Australian dollar, the commodity currency, rose by over 0.8%. On Monday (December 9, the day after non-farming), the ICE dollar index rose by 0.11% to 106.171 points, which fluctuated violently throughout the day. It was as low as 105.798 points when it was refreshed at 00:01 Beijing time, and then it was pumped back and approached the daily high of 106 when it was refreshed at 12:42. The Bloomberg dollar index rose 0.14% to 1280.69 points, with an intraday trading range of 1276.41-1281.07 points. The dollar rose 0.80% against the yen to 151.20 yen, and the intraday trading range was 149.69-151.35 yen. The euro fell by 0.14% to 1.0553, the pound rose by 0.05% to 1.2751, and the dollar was roughly flat at 0.8788 against the Swiss franc, with a V-shaped reversal at 00:04 to 0.8759 throughout the day. Among commodity currencies, the Australian dollar rose 0.83% against the US dollar, the New Zealand dollar rose 0.58% against the US dollar and the US dollar rose 0.10% against the Canadian dollar. The Swedish krona rose 0.21% against the US dollar and the Norwegian krona rose 0.29% against the US dollar.Hungarian Prime Minister Orban met with President-elect Trump and his DOGE Minister-designate Musk at his Haihu Manor.

Bernstein gave Verizon Communications an initial rating consistent with the broader market. The target price is $48, up 13%.In addition to the front page content, today's People's Daily's main financial contents include: 1. Li Qiang met with the heads of the New Development Bank, the World Bank, the World Trade Organization and the International Monetary Fund respectively; 2. Macro-control is effective —— China Economic Observation in 2024 ②; 3. Policy measures in three aspects to further improve employment assistance and create jobs suitable for older people; 4. China plans to train 1,300 overseas Chinese medicine talents in the next three years; 5. Cultivate a complete system and fully stimulate the potential-China Economic Roundtable will talk about expanding domestic demand at the end of the year; 6. All kinds of grain enterprises in the main producing areas have accumulated more than 140 million tons of autumn grain-the harvest is golden and full (big data observation); 7. In the first three quarters, the economic growth rate of the Yangtze River Delta region was 5.4%; 8. How do China enterprises "go global" (current China economic question and answer); 9. Tianjin Binhai New Area will introduce Ximeng Green Power on a large scale to optimize the energy structure and promote green transformation; 10. The Ministry of Housing and Urban-Rural Development interprets the integration of new urban infrastructure construction, new generation information technology and urban governance; 11. People's Republic of China (PRC) anti-money laundering law (adopted at the 24th meeting of the 10th the NPC Standing Committee on October 31st, 2006 and revised at the 12th meeting of the 14th the NPC Standing Committee on November 8th, 2024); 12. Hubei financial institutions constantly improve measures to benefit the people and promote agricultural development to increase farmers' income; 13. The 2024 annual forum of the German Chamber of Commerce in China was held in Berlin to strengthen mutually beneficial cooperation and promote win-win development; 14. People in the British industry: The British automobile industry should strengthen cooperation with China.NASDAQ China Jinlong Index closed up 8.5%. More than 10% of the popular Chinese stocks rose, while NASDAQ China Jinlong Index closed up 8.54%. The popular Chinese stocks rose collectively, Tiger Securities rose over 26%, Futu Holdings rose over 17%, Billie Billie rose over 21%, Weilai and Xpeng Motors rose over 12%, iQiyi rose over 11%, JD.COM rose 11%, Pinduoduo and Netease rose over 11%. Many rooms touched the fuse many times in intraday trading, and finally closed up 52.14%.

AppLovin closed down nearly 15%, the biggest one-day drop since August 2022.Zhang Jun, chief economist of Galaxy Securities, believes that it is expected that the Bank of China will cut interest rates and RRR more vigorously next year, and the policy interest rate may be lowered by 40-60 basis points for the whole year, leading the five-year LPR to decline by 60-100 basis points, and the RRR may be lowered by 150-250 basis points for the whole year.Commercial banks strengthen the marketing of personal pension business, such as "opening an account and paying fees, you can get a reduction from WeChat", "paying a limited amount of gifts" and "enjoying tax concessions" ... Near the end of the year, many commercial banks are strengthening the marketing of personal pension business to attract customers to open personal pension accounts and personal pension fund accounts, and pay a certain amount of money. According to combing, recently, the "marketing craze" of personal pension business of ICBC, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, China Postal Savings Bank, Industrial Bank and other banks and their branches is heating up continuously. In addition, with the help of Internet financial platforms such as JD.COM Science and Technology Holding Co., Ltd. (hereinafter referred to as "Jingdong Finance"), some banks have stepped up their efforts to "grab the cake" of personal pension business, and increased the number of customers. The experts interviewed believe that it is an important measure for banks and other institutions to carry out personal pension business to implement the national strategy of actively responding to the aging population, which will help promote the implementation of personal pension policy. For banks, personal pension business can increase customer resources and provide a broader market space for bank wealth management business. (Securities Daily)