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2024-12-14 01:19:37

U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.


Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.MicroStrategy rose more than 5%, and Bitcoin strengthened again today, rising nearly 4% to nearly $100,000.


Broadcom's share price rose 4.3% before the market closed.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.

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