whats going on with crypto, snippets

2024-12-13 16:28:57

Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.Duoduo (DUO.P) fell by 8.1%, and it is planned to raise $7 million through additional issuance.


Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.


Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.

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