united states digital dollar Top Knowledge graph

2024-12-14 01:30:44

Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.Bitcoin rose 5.00% in the day and is now reported at $101,492/piece.Nymex January natural gas futures closed up about 6.80% to $3.3780 per million british thermal unit.


Competitors criticized Google for changing its search results and asked the European Union to file antitrust charges. More than 20 price comparison websites in Europe criticized Google's suggestions for modifying its search results on Wednesday, saying that these suggestions still did not meet the technical rules of the European Union, and urged regulators to file charges against Google. For more than a year, Google has been discussing with price comparison websites, hotels, airlines, restaurants and retailers how to abide by the Digital Market Law, which prohibits Google from favoring its own products and services on its platform. Last month, the company announced its latest proposal, which includes expanding the unit with the same format, allowing users to choose between comparison websites and supplier websites. If it can't reach an agreement with its competitors, it may return to the "ten blue links" format many years ago as an alternative. This form is currently being tested in Germany, Belgium and Estonia.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. 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)Peter Orsag, CEO of Lazard Financial Consultant: Geopolitical concerns are bringing more downside risks.


Egypt condemns Israel's military operations in Syria. The Egyptian Foreign Ministry issued a statement on the 11th local time, condemning Israel's organized attacks on infrastructure in Syria, deliberate bombing and destruction of bases, weapons, equipment and military systems in various parts of Syria, and its illegal bases established in Syria in the strongest terms. Egypt reiterated its firm opposition to Israel's use of Syria's internal affairs and its current vacuum to undermine Syria's national capacity and occupy Syrian land. Egypt believes that Israel's attacks on Syria systematically violate international law. Egypt warned that Israel's irresponsible policies may cause terrible risks. Egypt calls on the UN Security Council and the international community to shoulder their responsibilities, stop Israel's dangerous escalation in Syria and urge it to respect Syria's sovereignty and territorial integrity.The Brazilian real rose to 1.6% against the US dollar.Christopher Babers, director of the Federal Bureau of Investigation, resigned. He will announce the news at the staff meeting. The US Federal Bureau of Investigation (FBI) issued a statement saying that FBI Director Ray will resign at the end of the current government.

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