crypto to explode in 2021 Top stories

Traders increased their bets on the Fed's interest rate cut. After the CPI report was released, swap traders increased their bets on the Fed's interest rate cut before the end of 2025. They now predict that by that time, they will cut interest rates by 87 basis points, which means that the Federal Reserve will cut interest rates by 25 basis points next week. In 2025, there will be another two interest rate cuts of 25 basis points each time, which is less than the four times proposed by Fed officials in the latest quarterly bitmap in September.Broadcom US stocks rose 3.6% before the market, while Apple US stocks rose 0.3% before the market. In the news, Apple is cooperating with Broadcom around artificial intelligence (AI) chips.Market News: Apple is cooperating with Broadcom around artificial intelligence (AI) chips. Apple chips may be ready for production in 2026.

CITIC Bank: Redemption of open-ended capital bonds. CITIC Bank announced that from December 9 to December 11, 2019, it issued RMB 40 billion of open-ended capital bonds (hereinafter referred to as "current bonds"), and on December 12, 2019, it issued the Announcement of China CITIC Bank Corporation on the Completion of Issuance of Open-ended Capital Bonds. According to the relevant provisions of the prospectus of this issue, this issue has the issuer's conditional redemption right, and the issuer has the right to redeem this issue in whole or in part on the interest payment date of the fifth year of this issue, that is, December 11, 2024. As of the date of this announcement, with the approval of the State Financial Supervision and Administration, the Bank has exercised the right of redemption and redeemed the bonds in full.The USD/JPY intraday increase of USD/JPY expanded to 0.50% and is now reported at 152.72.Diplomat: The EU envoy failed to reach an agreement on the 15th round of sanctions against Russia.

ADB approved a loan of US$ 200 million for power infrastructure construction in Pakistan.Chilean Mining Association (SONAMI): Copper production in Chile is affected by poor project performance.Guanghua Technology: Breaking the dependence on the import of key raw materials for daily chemicals and meeting the high-end diversified needs. In the global oral care industry, tin salt is a key raw material, which is widely used in toothpaste and professional oral care products because of its excellent effects of preventing dental caries, anti-sensitivity, reducing gingival bleeding and fighting gingivitis. However, the domestic market has long relied on imports for this key raw material, and the production cost remains high, which seriously restricts the competitiveness of our oral care products in the international market. Guanghua Technology has made a breakthrough in this field, successfully breaking the long-term dependence on imports, taking the lead in becoming a domestic enterprise to realize large-scale production of this special effect ingredient, significantly reducing the cost of key raw materials for customers, and further enhancing the competitiveness of China manufacturing in the international market.