digital currency replace cash- Top Overview

ECB: Financing conditions are relaxing, ECB: Financing conditions are relaxing. However, because monetary policy is still restrictive and past interest rate hikes are still being transmitted to the credit stock, financing conditions are still tightening. Inflation prospect, core inflation and its transmission will determine the interest rate path.Market news: Brazilian President Lula should be able to leave the hospital early next week.Reuters survey: Most economists believe that the tariff proposed by US President-elect Trump has little impact on the British economy; It is estimated that the Bank of England will cut interest rates by 100 basis points in 2025, and may cut interest rates by 25 basis points every quarter; A survey of 71 interviewed economists shows that the Bank of England's interest rate is expected to remain unchanged at 4.75% on December 19th.

Anhui's first high-growth industrial bond was successfully issued in Shanghai. Recently, Anhui Wantong Expressway Co., Ltd. (referred to as "Wantong Expressway") completed the issuance of Anhui's first high-growth industrial bond in Shanghai Stock Exchange. On October 30th this year, Wan Tong Expressway was approved by China Securities Regulatory Commission to publicly issue corporate bonds with a registered scale of no more than 5 billion yuan to professional investors.Tang Lin, a former director-level cadre of the Higher People's Court of Guizhou Province, held a trial in the first instance. On December 12, 2024, the Intermediate People's Court of tongren city, Guizhou Province held a trial in the first instance to hear the case of Tang Lin, a former director-level cadre of the Higher People's Court of Guizhou Province. Tongren city People's Procuratorate prosecuted the charges: During 2012-2023, defendant Tang Lin took advantage of his position as President of Liupanshui Intermediate People's Court, Vice President of Guizhou Higher People's Court, Director of Legal Affairs Office of Guizhou Provincial People's Government, Executive Vice President of Guizhou Higher People's Court, and the convenience of his authority and position to help relevant units and individuals in handling cases, and illegally accepted other people's property totaling RMB 21.47 million. From December 2007 to January 2011, Tang Lin took advantage of his position as the president of Liupanshui Intermediate People's Court to facilitate the illegal possession of public property with others, totaling RMB 660,000, of which RMB 330,000 was shared by individuals. The public prosecution agency requested Tang Lin to be investigated for criminal responsibility for accepting bribes and corruption. (Dynamic and static Guizhou)Market news: Brazilian President Lula should be able to leave the hospital early next week.

COMEX silver fell 1% in the day, Comex silver fell 1% in the day, and it is now reported at $32.63 per ounce.Enterprise IT Expenditure Survey: Google Cloud is expected to be the first choice for 50% of the respondents. Tae Kim, a science and technology columnist, wrote that according to a recent survey, Google Cloud has risen rapidly in the enterprise AI expenditure competition and may become the winner. According to the 2025 CIO survey released by Piper Sandler, 81 CIOs were asked about their budget priorities in different suppliers and technical fields. According to the survey, 87% of CIOs surveyed expect to increase the IT budget in 2025, which is the highest proportion of the survey since 2020. In this survey, the status of Google Cloud has risen significantly, surpassing Microsoft and OpenAI to become the "most strategic" AI supplier, with a support rate of 27%, a significant increase from 15% six months ago. Relatively speaking, Microsoft's support rate dropped from 33% to 24%. When asked which cloud company they plan to use to test or implement AI projects next year, 50% of the respondents chose Google Cloud, making it the top AI infrastructure provider. In addition, Harsh Kumar, a Piper semiconductor analyst, pointed out that these results are also beneficial to Invista, because all cloud companies are the main buyers of AI chips in NVIDIA. Kumar estimates that the entire AI chip market will have more than $500 billion in business opportunities by 2028.The European Central Bank announced that it would cut three key interest rates in the euro zone. On the 12th local time, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to cut all three key interest rates by 25 basis points. This is also the fourth time that the European Central Bank cut interest rates this year after it announced a rate cut in June this year. According to the latest interest rate resolution announced by the European Central Bank, the deposit mechanism interest rate is reduced to 3.0%, the main refinancing interest rate is reduced to 3.15%, and the marginal lending interest rate is reduced to 3.40%. (CCTV News)