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Bitcoin exceeded $99,000/piece, up 2.49% in the day.The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).

The Israeli army claimed to have attacked "most of Syria's strategic arsenals" in the past 48 hours. The Israel Defense Forces said on the 10th that hundreds of attacks were carried out in Syria in the past 48 hours, hitting most of Syria's strategic arsenals. In terms of ground operations, the Israeli army claimed to have attacked more than 130 arsenals and military buildings in Syria. On the naval side, Israeli warships attacked two naval ports in Syria where 15 ships docked, and the Israeli army destroyed dozens of ship-to-ship missiles. On the air force side, Israeli warplanes have flown in Syrian airspace for hundreds of hours and carried out more than 350 air strikes, targeting a wide range, including air defense positions, air force airports and dozens of weapons production facilities in Damascus and Homs, destroying Scud missiles, cruise missiles, fighter planes, tanks, radars and other weapons and equipment. (CCTV)The China Securities Association held two meetings: to promote the standardized development of the regional equity market and actively promote the transformation of wealth management in the industry. According to the news released by the China Securities Association on December 11th, the meeting of the chairman and all members of the regional equity market professional committee of the China Securities Association was held a few days ago. The meeting introduced the work of the Committee in 2024, discussed the focus of the next stage, and exchanged experiences on specific issues such as research exchange and blockchain construction. Members attending the meeting unanimously stated that they will do a good job in the cultivation and standardized management of the capital market, actively guard against business risks, and promote the standardized and healthy development of the regional equity market.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.

Mackler, Governor of the Bank of Canada: The current policy focus is to keep inflation close to the target. Mackler, Governor of the Bank of Canada: Due to the sales tax holiday, the overall rate is expected to slow down to 1.5% in January. We will focus on core inflation indicators to help us evaluate CPI trends. It is expected that the inflation rate will drop at the end of the sales tax holiday. The current policy focus is to keep inflation close to the target. We hope to see economic growth accelerate to absorb unused capacity in the economy and keep the inflation rate at around 2%.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.