what digital currency to invest in 2021- Top Knowledge

Wal-Mart Mexico's share price rose more than 4% after the regulator ruled that it was involved in monopolistic behavior.Analysis: Two major factors, disposal of non-performing assets and resolution of local debts, affect the total financial data. According to the analysis of market institutions, the financial data of the current month are greatly influenced by disposal of non-performing assets and resolution of local debts. The reform of financial institutions has been carried out in an orderly manner, and the disposal of non-performing assets of commercial banks has pressed the "acceleration button". According to industry insiders, the write-off of non-performing loans is only a bank accounting treatment, and the lending relationship between banks and enterprises has not changed, which does not directly affect the business activities of the real economy. In November, some non-performing loans were sold through packaging, transfer and sale, so that non-performing assets were listed as a whole. This part is not included in the scale of social financing, which will have a certain impact on the growth rate of social financing scale, but it will also not affect the financing relationship of the real economy. In addition, the intensity of localized debts has increased, and local governments may accelerate the replacement of debts in the short term, affecting the credit stock. It is understood that the Ministry of Finance has issued new local debt limits to all localities, and some provinces have started issuing them. At present, the total amount of special bonds issued by local governments in China has basically reached the planned annual issuance quota. According to market research, after the financing platform and other entities get the special debt funds, most of them will repay the debts in about 10 to 20 days, most of which are loans, so as to avoid "paying interest at both ends" of bonds and loans. It is estimated that nearly 250 billion yuan of local bond swap will be completed nationwide in November, and there will be a larger bond swap in December. According to industry insiders, for local governments, after the debt pressure is released slowly, it is more conducive to the development of the real economy, which is good for relieving the debt chain, smoothing the economic cycle and preventing risks, and has multiple positive effects. (The country is a through train)Broadcom is developing customized AI chips with three large cloud customers. Broadcom's share price rose by more than 20% at the beginning, and its total market value rose to 1.02 trillion US dollars, ranking ninth in the US stock market. After the close of the US Eastern Time on Thursday, Broadcom announced a better-than-expected fourth-quarter financial report. Not only did the profit performance be better than expected, but Broadcom's artificial intelligence revenue more than tripled this year. Broadcom's AI revenue increased by 220% to US$ 12.2 billion this year. It is estimated that the revenue of AI products will increase by 65% in the first fiscal quarter of fiscal year 2025. The CEO of Broadcom revealed that he is developing customized AI chips with three large cloud customers. It is estimated that each customer will deploy 1 million AI chips in 2027.

For the first time since November 2022, the yield of 10-year US Treasury bonds has exceeded the yield of 3-month US Treasury bonds.Research institutions predict that Thailand's economy will grow by 2.4% in 2025. Thailand Kaitai Research Center released a report on the 13th, saying that it predicted that Thailand's gross domestic product (GDP) will increase by 2.4% in 2025, slightly lower than the growth forecast of 2.5% in 2024. The Kaitai Research Center believes that the slowdown in Thailand's economic growth is mainly due to the weakening of tourism, and it is expected that Thailand's exports to the US market will slow down. (Zhongxin. com)Institution: The European Central Bank is paying attention to the weakness of the euro. The European Central Bank said yesterday that inflation is slowing down and hinted that it will cut interest rates again. However, Joost Van Leenders, an analyst at Van Lanschot kemen, said in a report that the European Central Bank will pay close attention to the recent weakness of the euro. As the import price rises, a weak currency may push up inflation. The senior investment strategist said that since the current deposit interest rate in the euro zone is 3% and the neutral interest rate is around 2%, the European Central Bank will cut interest rates at least four times. However, European Central Bank President Lagarde stressed that the inflation risk is two-sided.

Countering the price limit of Western countries, Putin extended the oil supply ban. On the 13th, Russian President Vladimir Putin signed a presidential decree, announcing the extension of the counter-measures to set price ceilings for Russian oil and oil products until June 30, 2025. Putin signed a presidential decree on December 27, 2022, demanding that the supply of Russian petroleum and petroleum products to foreign legal persons and individuals who directly or indirectly use the price ceiling mechanism in their contracts be prohibited. This presidential decree came into effect on February 1, 2023, and its validity period was extended several times. In early December, 2022, EU member states reached an agreement on setting a price ceiling of $60 per barrel for Russian seaborne oil exports. The Group of Seven and Australia announced that they would implement the same price limit policy as the EU. (Xinhua News Agency)U.S. stocks of semiconductor ETFs rose by 2.57%, global technology stock index ETFs and technology industry ETFs rose by over 1%, while energy industry ETFs fell by over 0.3%.Analyst: Britain's economic contraction for the second consecutive month sounded the alarm. AJ Bell analyst Danni Hewson said in a report that one month's data can't tell the whole story, but when the British economy contracted for two consecutive months-just like September and October-it is worthy of attention. The last time the economy contracted for two consecutive months was during the first pandemic blockade in 2020. She said that the uncertainty before the government budget may lead individuals and businesses to avoid spending for fear of possible tax increases. Bars, restaurants and art industries were hit hard in October. Hewson said that such discretionary expenses can be easily cut. In addition, looking back over the past six months, except August, the economic activity in each month was flat or decreased.