bitcoin fast money snippets

Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.Unica: In the second half of November, the sugar production in central and southern Brazil was 1.084 million tons. According to UNICA, the sugar production in central and southern Brazil reached 1.084 million tons in the second half of November, which was 23% lower than the same period last year. The amount of sugarcane crushed was 20.35 million tons, down by 15.2% compared with the same period of last year. Ethanol production was 1.19 billion liters, down 5.18% year-on-year. 44.89% of sugarcane juice was used for sugar production, compared with 46.54% in the same period of last year.The gap between Italian and German government bond yields widened to 111 basis points, the highest level in a week.

Federal Deposit Insurance Corporation: domestic bank deposits in the United States increased by 1.1% to US$ 194.6 billion, and uninsured deposits increased by 2.7%; The number of "problem banks" has increased by two to 68, with total assets of $87.3 billion.US National Security Adviser Sullivan: Sweden is conducting in-depth consultations with Israel on the Syrian issue.As of the close of 23:00, the main domestic futures contracts fell more and rose less. No.20 rubber fell by nearly 3%, BR rubber fell by nearly 2%, and rubber, caustic soda, vegetable oil, rapeseed meal and hot coil fell by over 1%. In terms of increase, palm oil rose by nearly 1%.

Unica: In the second half of November, the sugar production in central and southern Brazil was 1.084 million tons. According to UNICA, the sugar production in central and southern Brazil reached 1.084 million tons in the second half of November, which was 23% lower than the same period last year. The amount of sugarcane crushed was 20.35 million tons, down by 15.2% compared with the same period of last year. Ethanol production was 1.19 billion liters, down 5.18% year-on-year. 44.89% of sugarcane juice was used for sugar production, compared with 46.54% in the same period of last year.Brazilian President Luiz Inacio Lula da Silva has regained consciousness after undergoing head surgery again. At present, the situation is stable. On the morning of 12th local time, Brazilian President Lula underwent head surgery again in the Syrian-Lebanese hospital in Sao Paulo, the largest city in the country, to prevent further intracranial hemorrhage. The reporter from the General Station learned from the press conference held by the hospital that Lula had recovered after the operation and was in a stable condition, so he could talk with the medical staff. The medical team said that the operation, as part of the first treatment on the 10th, started at around 7: 00 on the 12th and lasted less than an hour. The medical staff said that the operation was successful and Lula needed further examination in the intensive care unit until the 13th. According to the current rehabilitation situation, the medical team assessed that Lula's discharge time was on the 16th or 17th of this month.Pan Yuanyuan, Associate Research Fellow, Institute of World Economics and Politics, China Academy of Social Sciences: China's determination to expand high-level opening-up has not changed. The Central Economic Work Conference proposed to expand high-level opening-up and stabilize foreign trade and foreign investment. We will expand independent opening and unilateral opening in an orderly manner, steadily expand institutional opening, promote the quality improvement and efficiency improvement of the free trade pilot zone and expand the reform mandate, and accelerate the implementation of the core policy of Hainan Free Trade Port. Actively develop service trade, green trade and digital trade. Deepen the reform of foreign investment promotion system and mechanism. We will steadily open up the service industry, expand pilot projects in the fields of telecommunications, medical care and education, and continue to build the brand of "Invest in China". Promote high-quality joint construction of the "Belt and Road", deepen and improve the overseas comprehensive service system. Pan Yuanyuan, an associate researcher at the Institute of World Economics and Politics of China Academy of Social Sciences, said that the current situation of attracting foreign investment is rather grim, and the Central Economic Work Conference put forward the policy of expanding independent opening and unilateral opening, showing great determination to open up. In the face of difficulties and challenges, China is still actively exploring win-win cooperation with other countries and becoming a "stabilizer" in the turbulent international environment. Pan Yuanyuan believes that the current structure of attracting foreign investment in China has changed, and the service industry has great potential to attract foreign investment. Therefore, the next step is to further open the service industry. "Relying on China's large domestic market and industrial advantages, China has sufficient stamina to attract foreign investment and foreign investment." (SSE)