most popular digital currencies- Top Knowledge

The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.Citigroup: Brazil is unlikely to cut interest rates next year.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.

Canadian Finance Minister: Canada will reduce the debt-to-GDP ratio in the medium term.HSBC: optimistic about the EU power network and integrated utilities; It is considered that renewable energy has risks.Hong Kong held an insurance forum to share the advantages of a global risk management center, and the Hong Kong Insurance Regulatory Authority held the 2024 Asian Insurance Forum at the Hong Kong Convention and Exhibition Center on the 10th. Focusing on "Meeting the Challenges of Global Market Fluctuation", the forum brought together more than 400 professionals from insurance, banking and asset management, regulators, law enforcement agencies and related institutions to share the advantages of Hong Kong as a global risk management center and explore the prospects and challenges of global financial markets. (Xinhua News Agency)

Trump suggested that Canada and Mexico become American states. According to a report by Tass news agency on December 10th, US President-elect Donald Trump suggested that Canada and Mexico become American states. According to reports, Trump said in an interview with NBC: "We provide more than 100 billion US dollars in subsidies to Canada every year. We have provided nearly $300 billion in subsidies to Mexico. Why should we subsidize these countries? If we want to subsidize them, let them (and us) become a country. " According to the report, on November 25, Trump threatened to impose a 25% tariff on imported goods from Canada and Mexico. According to a report on the website of The Wall Street Journal on December 10th, Canadian Prime Minister justin trudeau said on the 10th that if Trump keeps his promise to impose a 25% tariff on goods imported from Canada, Ottawa will also take tariff measures to fight back. Trudeau said at an event: "Of course, we will respond to unfair tariffs in many ways as we did eight years ago, and we are still studying the appropriate response." The Canadian leader said that there are signs that Americans are "beginning to realize that imposing tariffs on all goods imported from Canada will greatly push up the cost of living for Americans". (Reference message)Without the government's approval, the South Korean National Assembly passed the budget reduction bill for next year. On the 10th, the South Korean National Assembly held a plenary meeting and adopted a cut version of the 2025 budget with a total amount of 673.3 trillion won (about 3.41 trillion yuan). According to Yonhap News Agency, this is the first time that the South Korean National Assembly passed the budget without agreement between the ruling party and the opposition party. In the 300-seat parliament, 278 members voted on the budget, 183 were in favor, 94 were against and 1 abstained. The ruling National Power Party and some opposition party members voted against it. This budget is one of the focal points of the recent struggle between the ruling and opposition parties in South Korea and one of the factors inducing the current political chaos. The original budget proposed by the government was 677.4 trillion won, but the largest opposition party, the Common Democratic Party, demanded a reduction of 4.1 trillion won, mainly involving the government reserve fund, the special activity expenses of the presidential secretary's office and the national security office, the special work expenses and special activity expenses of the procuratorate and the supervision institute. (Xinhua News Agency)France's nuclear power generation hit its highest level since January 19th.