new us digital currency Featured snippets

After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)The data shows that from January to November, 2024, the financing scale of the IPO market in the UK fell by about 9% to US$ 1 billion. Looking around the world, the scale of IPO in London market fell to the 20th place this year, ranking behind Oman. Due to the low valuation and weak liquidity, many companies turn their IPO destinations to other places (Amsterdam, the Netherlands, etc.).On Wednesday (December 11th), the won finally rose 0.25% against the US dollar to 1,429.20 won. At present, ETFs listed in the United States rose by 2.81% to $55.445.

US Treasury Secretary Yellen: The oil market is well supplied and the price is relatively low. US Treasury Secretary Yellen said that the oil market is well supplied and the price is relatively low. Russia has invested a lot of money in its fleet to avoid the western oil price cap sanctions.The Nasdaq hit a record high of 20,000 points for the first time, and the Nasdaq continued to rise, hitting 20,000 points for the first time, setting a record high. The Nasdaq has risen by more than 33% this year. Star technology stocks rose, with Tesla, Google, Apple, Amazon, Meta and Netflix all hitting intraday record highs.Spot gold stood at $2,720 per ounce, up 0.98% in the day.

The winning bid rate of US 10-year Treasury bonds is 4.235%, and the bid multiple is the highest in eight years. The winning bid rate of US Treasury's $39 billion 10-year Treasury bonds auction is 4.235%, and the pre-issue transaction rate is 4.252% when the bidding closes at 1 pm new york time. The allocation ratio of primary dealers is 10.5%, which is lower than the previous auction. The proportion of indirect bidders was increased to 70%, and the proportion of direct bidders was 19.5%. The bid multiple of 2.70 is the highest since 2016, and the average of the first six auctions is 2.54 times.Germany's DAX 30 index initially closed up 0.34% at 20,399.53 points. The French stock index closed up 0.38%, the Italian stock index closed up 0.49%, the bank index rose 0.34%, and the British stock index closed up 0.25%.The data shows that from January to November, 2024, the financing scale of the IPO market in the UK fell by about 9% to US$ 1 billion. Looking around the world, the scale of IPO in London market fell to the 20th place this year, ranking behind Oman. Due to the low valuation and weak liquidity, many companies turn their IPO destinations to other places (Amsterdam, the Netherlands, etc.).