crypto re- Top snippets

King of Jordan: Strengthen coordination with Iraq to meet challenges. When meeting with visiting Iraqi Prime Minister Al-Sudani on the 11th, King Abdullah II of Jordan said that coordination between Jordan and Iraq should be strengthened to meet the challenges brought by the regional situation. The Royal Palace of Jordan issued a statement on the same day saying that Abdullah II emphasized the importance of strengthening coordination between Jordan and Iraq in order to meet the challenges brought by the regional situation and do his utmost to prevent the region from falling into chaos and expanding conflicts. (Xinhua News Agency)The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.

Hershey's share price fell by about 4%.Barclays: M&A and cooperation between banks and financial technology companies will grow.US officials say that Russia may soon launch another hypersonic missile into Ukraine.

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.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.The price of natural gas futures in the United States continued to rise, with an increase of 5%.