most accepted cryptocurrency, Featured

STOXX Europe 600 Index rose by 0.25% after the US CPI data was released.ExxonMobil Oil: US President-elect Trump will bring good prospects to the US oil and gas industry. Support US President-elect Trump to repair the "broken" licensing system in the US energy field.Before the release of CPI in the United States, the probability of the Fed cutting interest rates by 25 basis points in December was 86.1%. According to CME's "Fed Observation", the probability of the Fed keeping the current interest rate unchanged by December was 13.9%, and the cumulative probability of cutting interest rates by 25 basis points was 86.1%. The probability of keeping the current interest rate unchanged by January next year is 10.6%, the probability of cutting interest rates by 25 basis points is 69.1%, and the probability of cutting interest rates by 50 basis points is 20.2%.

Institution: The global rapeseed production reduction made the vegetable oil inventory decrease year-on-year, which supported the vegetable oil in Yuanyue. Chaotic Tiancheng Futures said that the excessive rapeseed import in the fourth quarter had supply pressure, the demand side was in the traditional consumption peak season and the low price difference between soybean oil and vegetable oil was conducive to vegetable oil consumption, which had short-term bottom support for vegetable oil. In the long run, the global rapeseed production reduction makes the vegetable oil inventory decrease year-on-year, which supports the vegetable oil in Yuanyue. Nanhua futures believes that, on the whole, the supply sources and channels of vegetable oil are gradually weakened by the restrictions on rapeseed imports. At present, due to the excellent cost performance of soybean oil at the consumer end, vegetable oil will not consider the extra increment caused by the market competition between oils and fats except the seasonal increase in consumption in the short term. However, since the subsequent inventory of vegetable oil is still fluctuating at a high level, considering the possibility of seeking demand from the competitive price of soybean oil, there will be a clear reverse correlation between the subsequent inventory and consumption of vegetable oil, while the supply consideration is relatively constant and inflexible.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.Analyst Curran: There are almost no surprises in today's CPI data. The housing index rose by 0.3% in November, accounting for nearly 40% of the monthly increase in all projects.

Russian central bank survey: the average key interest rate in 2024 is expected to be 17.5%, compared with the previous forecast of 17.3%. The average key interest rate in 2025 is expected to be 21.3%, compared with the previous forecast of 18%.S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.OPEC Monthly Report: The recent steady economic growth trend is still continuing. The OPEC Monthly Report points out that in recent months, the steady economic growth trend is still continuing, especially in the United States, Brazil and Russia. In addition, China's stimulus measures and India's sustained growth momentum have contributed to supporting global economic growth. With these developments, the global economic growth in 2024 is expected to be 3.1%. The strong economic growth momentum is expected to continue until 2025 and is expected to reach 3.0%. However, the healthy growth observed in the United States during 2024 is expected to slow down slightly in 2025. However, the current growth forecast may be affected by the potential new policy measures being discussed by the incoming US government, such as trade tariffs, which will also affect the growth of US trading partner economies. In the euro zone, the recovery will continue gradually in the third quarter of 2024, but the improvement in the fourth quarter and 2025 is expected to be limited. Japan is expected to rebound in the second half of 2024 and continue until 2025, after a challenging period.