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)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.CEO of Petrobras: The previous strategic plan did not perform well by about 30%.
Bitcoin hit $98,000, regaining all the decline in the day, and once fell 4.5% this morning.The central bank will buy more than 4 tons of gold after half a year. Will the price of gold rise? According to the latest data from the Bank of China, the official gold reserve of China at the end of November 2024 was 72.96 million ounces, an increase of 160,000 ounces (about 4.54 tons) compared with the end of October, which means that the People's Bank of China increased its holdings of gold for the first time in half a year. Why did the central bank buy gold again after half a year? What is the trend of the subsequent gold price? Guo Zhongwei, chief analyst of non-ferrous industry in Zhongtai Securities, said in an interview that the uncertainty of the global situation has increased recently, especially Trump is about to officially take office as president of the United States, or the anti-globalization trend has been intensified, thus increasing the instability of the external environment. In this context, increasing gold holdings will help to enhance the security of China's reserve assets. . The market generally believes that the resumption of gold purchase by the Bank of China resonates with the global interest rate cut cycle, and the increase in holdings is significantly higher than the level of the last gold purchase before the suspension, which not only strongly supports the gold price, but also greatly boosts the market's confidence in the market outlook. (The country is a through train)Luoyang Molybdenum Industry: Luo Yunxiang was elected as the employee representative supervisor. Luoyang Molybdenum Industry (03993) announced that the seventh board of supervisors of the company recently received a written resignation report from Mr. Li Hongwei. Mr. Li Hongwei applied to resign as a supervisor of the company due to job adjustment.
China's first autonomous and controllable real-time geomagnetic model was released. Recently, the satellite science team of "Macau Science No.1" (hereinafter referred to as "Macau No.1") released the first WM (Macau World Geomagnetic Model) real-time four-dimensional geomagnetic field series model version 1.0 in China. Zhang Keke, chair professor of Macau University of Science and Technology, chief scientist of Aoke-1 satellite and chief designer of its science and application system, introduced that the real-time geomagnetic field model makes full use of high-precision geomagnetic field data of Aoke-1 satellite, and is the first self-controlled real-time geomagnetic field model in China, which has a wide range of important scientific and application values, and can be used for scientific research in the deep earth, the earth's ocean and the earth's space, as well as for aerospace navigation and navigation. (People's Daily)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)Villeroi, Governor of the Bank of France: No matter what the political situation is, France needs to rectify its public finances.