digital currencies price Overview

WTI crude oil fell by 1.00% in the day and is now reported at $69.26/barrel.The gap between Italian and German government bond yields widened to 111 basis points, the highest level in a week.Lian Ping, Dean and Chief Economist of Guangkai Chief Industry Research Institute: It is expected that deficit ratio will be allocated 4%-4.5% next year, and its finance will be more active to meet the current economic needs. (Xinhua Finance)

South Asia Stock Market | Pakistan Stock Index closed up more than 3%, and Sri Lanka Stock Market continued to hit a record high. On Thursday (December 12), the KSE 100 Index of Karachi Stock Exchange of Pakistan closed up 3.04% to 114,000 points, which was the second consecutive trading day. Karachi's all-share index closed up 2.45% to 72,109.52 points, which also continued to hit a record high. The total share price index of Colombo, Sri Lanka, closed up 1.09% to 14,035.81 points, hitting a record high for several consecutive days. Since the close on November 25th, the cumulative increase has exceeded 9.00%. The Bangladesh DSE Generalized Index closed down 0.37% to 5105.43 points, with a cumulative decline of 1.76% this week (five consecutive natural days).The gap between Italian and German government bond yields widened to 111 basis points, the highest level in a week.The concept of cryptocurrency in US stocks strengthened collectively at the beginning of the session, with Hut 8 and Riot Platforms rising by more than 8%, Bitdeer rising by more than 6%, TeraWulf and CleanSpark rising by more than 3%. In the news, US President-elect Trump announced that he would do some great things in the field of cryptocurrency.

Zhang Yiqun, Vice Chairman of the Performance Committee of China Finance Association: The fiscal deficit will be greatly increased or released over 5 trillion yuan next year, and the Central Economic Work Conference proposed to implement a more active fiscal policy. Improve the fiscal deficit ratio, and ensure that the fiscal policy will continue to exert more efforts. Zhang Yiqun, deputy director of the Performance Committee of China Finance Association, said that the fiscal deficit will be greatly increased on the basis of 3% this year, and it is estimated that deficit ratio will be in the range of 3.5% to 4% next year, which will release more than 5 trillion yuan of space.Liu Xiangdong, Deputy Director of Scientific Research and Information Department of International Economic Exchange Center: Comprehensive improvement of "involution" competition will help scientific and technological innovation and industrial development enter a virtuous circle. The Central Economic Work Conference proposed that scientific and technological innovation should lead the development of new quality productive forces and build a modern industrial system. In this regard, Liu Xiangdong, deputy director of the Scientific Research and Information Department of China International Economic Exchange Center, said that at present, China's economic development is in a critical period of transforming old and new kinetic energy. Scientific and technological innovation is the core element of developing new quality productivity. To break through the bottleneck of development from the supply side, it is necessary to lead industrial innovation and development with scientific and technological innovation and actively cultivate and develop new quality productivity. To cultivate new quality productivity, we should drive productivity to leap to advanced quality with scientific and technological innovation, open up new development fields and tracks with original and subversive technological innovation, and shape new development momentum and new advantages. (SSE)Russian Foreign Minister: It's not the first time that Ukrainian President refused to propose a ceasefire. On December 12, local time, the Russian Foreign Ministry reported that Hungarian Foreign Minister Sergei Jardot had spoken with Russian Foreign Minister Lavrov and told Ukrainian President Zelensky that he had rejected the Hungarian proposal for a temporary ceasefire and an exchange of prisoners of war in the Russian-Ukrainian conflict. Lavrov said that this is not the first time that the Ukrainian authorities rejected the relevant suggestions made by other countries after releasing their own signals. Hungarian Prime Minister Orban said on the 11th local time that Ukrainian President Zelensky explicitly rejected the proposal of a ceasefire on December 25th. "Hungary's rotating presidency of the European Union has come to an end. We have made the latest efforts for peace and proposed a ceasefire on December 25th and a large-scale exchange of prisoners of war. Zelensky explicitly rejected and ruled out this possibility ".