why should i use cryptocurrency Top Reviews

Imperial Commercial Bank of Canada: cut the preferential loan interest rate in Canada by 50 basis points to 5.45%.Punto Casa de Bolsa upgraded AMD to Buy with a target price of $170.22.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. In addition, the annual interest rates of US dollar deposit products issued by banks such as Ningbo Bank Co., Ltd. and hengfeng bank Co., Ltd. are also between 3% and 4%. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)

Analyst: The Trump FTC has selected good news for large technology companies. The FTC is about to undergo leadership changes. Wedbush analysts believe that this is a major positive for large technology companies led by Amazon, Meta Platforms and Microsoft. Shares of Amazon and major technology companies rose on Wednesday after President-elect Trump said he would appoint Andrew Ferguson to lead the FTC, replacing Lina Khan, the current FTC chairman. Khan is the main critic of large technology companies. She filed a lawsuit against Meta and Amazon, and also challenged Microsoft to acquire Activision Blizzard for $69 billion, but it was unsuccessful. Ferguson is a Republican and has served as a member of the Federal Trade Commission. "Christmas in science and technology has come early," Wedbush analyst Dan Ives said in a customer report, adding that "at the critical moment of the artificial intelligence arms race, the' sweat suspense' in science and technology has been eliminated. We expect the strong to be stronger, because Mag 7 has started the M&A engine again, and Microsoft, Oracle Bone Inscriptions, Alphabet, Amazon and Tesla will accelerate the transaction to expand their technology moat. "Fitch: Steady reserves, reduced liabilities, and prudent budget management have prepared American state and local governments for 2025.Russian Foreign Ministry: The transfer of US$ 20 billion to Ukraine by the United States on the grounds of freezing Russian assets is "simply robbery".

The Arab Baath Socialist Party led by former Syrian President Bashar al-Assad said it would suspend its operation indefinitely.The mayor of Vancouver, Canada, will propose bitcoin as a reserve asset in the city Council today.The Brazilian real rose to 1.6% against the US dollar.