cryptocurrency and blockchain technology Top stories

-In the case that the central media once again called for "stabilizing the stock market", our A-share market continued its upward rebound. Nearly 3,000 stocks in the two cities rose, and the half-day turnover reached 1,178.6 billion yuan, which was 35.8 billion yuan more than the previous trading day. Therefore, with the smooth landing of "boots", the A-share market has ushered in a multi-window period.-In the case that the central media once again called for "stabilizing the stock market", our A-share market continued its upward rebound. Nearly 3,000 stocks in the two cities rose, and the half-day turnover reached 1,178.6 billion yuan, which was 35.8 billion yuan more than the previous trading day. Therefore, with the smooth landing of "boots", the A-share market has ushered in a multi-window period.

-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight.

-The market expects that the new bitmap will show that the total number of interest rate cuts will be reduced from the previous four to two in 2025, and the federal funds rate will be lowered to a neutral level of 3.75% to 4% by the end of the second quarter of 2025. Affected by this, the US dollar index continues to rise, which makes the interest rate cut achieve the effect of raising interest rates, which is expected to be "ceiling" management.-The market expects that the new bitmap will show that the total number of interest rate cuts will be reduced from the previous four to two in 2025, and the federal funds rate will be lowered to a neutral level of 3.75% to 4% by the end of the second quarter of 2025. Affected by this, the US dollar index continues to rise, which makes the interest rate cut achieve the effect of raising interest rates, which is expected to be "ceiling" management.