where is crypto going Knowledge graph

Citigroup: It is expected that the gold and silver markets will resume their gradual upward trend within 3-12 months, reaching $3,000/ounce and $36/ounce respectively. Under basic conditions, it is expected that the price of crude oil will gradually drop to 60 USD/barrel in the middle of 2025, and will remain near this level in the second half of 2025 and 2026.Monetary authority of singapore survey shows that economists predict that Singapore's core inflation rate will be 1.8% in 2025 and 2.8% in 2024 (the previous value is 2.9%).The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).

Vietnam Customs: In November, the coffee export was 63,019 tons; Rubber exports are 230,574 tons.Assistant Foreign Minister Liu Bin met with Armenian Ambassador to China Gevolker Yang. According to the website of the Ministry of Foreign Affairs, on December 11th, 2024, Assistant Foreign Minister Liu Bin met with Armenian Ambassador to China Gevolker Yang. Liu Bin said that the friendly and cooperative relations between Central Asia have maintained healthy and stable development, and the cooperation between the two countries in building the "Belt and Road" has yielded fruitful results, and the cooperation in international affairs has been fruitful. The two sides should plan the next stage of exchanges and cooperation and promote the all-round development of bilateral relations. Gevolker Yang said that Asia attaches importance to Asia-China relations and is willing to further close high-level exchanges between the two countries, deepen mutually beneficial cooperation and international cooperation, and push Asia-China relations to a higher level.Before the Bank of Japan's policy meeting, it released chaotic signals. Japanese traders were confused about when to raise interest rates. After the Bank of Japan officials' remarks and media reports sent different signals, traders have been confused about when the central bank might raise interest rates in the past week. This kind of confusion led to sharp fluctuations in the market's interest rate hike bets. The overnight index swap pricing showed that the probability of raising interest rates in December was 22%, which was significantly lower than 60% at the beginning of last week. This week, the yen fell from 150 last Friday to a low of 152.18 to the dollar, and the exchange rate was 151.73 at 10:40 Tokyo time. Kazuo Ueda, governor of the Bank of Japan, said in an interview last month that the interest rate hike was approaching. A few days later, a report by the news agency emphasized the concern of the central bank about raising interest rates prematurely. Tomaki Nakamura, a member of the Dove Policy Committee, said last week that he was not opposed to raising interest rates, but this month's policy decision must consider data factors.

Financial Times: The RMB exchange rate has a solid foundation to remain basically stable. The Financial Times issued a document today saying that recently, after the US election, the market speculated on Trump trading, which greatly pushed up the US dollar index, with the highest exceeding 108. Non-US dollar currencies were generally under pressure. The RMB exchange rate fluctuated in both directions, the flexibility was enhanced, the market expectation was relatively stable, the purchase and sale of foreign exchange by enterprises were rational and orderly, and the foreign exchange market was generally stable. Many industry experts believe that the possibility of the downward trend of the US dollar is increasing, and China's economic development is stable and improving. From the internal and external conditions, the RMB exchange rate has a solid foundation for maintaining basic stability at a reasonable and balanced level, and it is highly probable that it will stabilize and rise with the increase of foreign exchange settlement by enterprises at the end of the year.According to the Associated Press: NORC poll, only about two-tenths of Americans support President Joe Biden's decision to pardon his son Hunter.Spot gold stood at $2,710 per ounce, up 0.63% in the day.