Goldman Sachs has raised its forecast for gold prices by the end of 2025 to $3,100 per ounce.
The Bank of England's gold stockpile has fallen by about 2% since the end of 2024.
The Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025, compared with about 75 basis points expected on Friday, UK interest rate futures show.
UK interest rate futures show that the market is fully priced in the Bank of England will cut interest rates by 75 basis points by the end of 2025.
Matrixport said that since the start of the bull market in late 2022, Bitcoin has shown strong resilience, with 30-day price corrections rarely exceeding -10%, while monthly losses during bear markets are often as high as 30% or more. Last week, Bitcoin was close to the -10% correction level, which is usually regarded as a consolidation bottom in this bull market. In contrast, the + 40% sharp rally in March and November 2024 is seen as a profit-taking opportunity. From the trend chart, Bitcoin i...
At the end of the year, the "window decoration" effect is coming to an end, and the long-short ratio of options is beginning to reverse. This position will attract capital inflows again... > >
Italy's parliament gave final approval to the 2025 budget just days before the year-end deadline, a major victory for Prime Minister Meloni. Meloni and his finance minister, Giorgetti, worked together to craft a package of tax cuts designed to win over voters while adhering to European Union fiscal rules. The government plans to reduce the national deficit to 3.3% of GDP next year and below the 3% cap mandated by the European Union in 2026. In last-minute adjustments to the budget,...
On December 27th, the General Office of the Shanghai Municipal People's Government issued the "Implementation Plan on Artificial Intelligence" Molding Shencheng ". By the end of 2025, build a world-class artificial intelligence industry ecology, strive to break through 100EFLOPS in the scale of intelligent computing power in the city, form about 50 industry open corpus demonstration application results with remarkable results, build 3-5 large model innovation acceleration incubators, and build a...
Gold Ten Futures, December 23rd, the Guangdong Provincial People's Government on the issuance of the "Guangdong Province 2024-2025 Energy Saving and Carbon Reduction Action Plan" notice. It is mentioned that strict petrochemical and chemical industry policy requirements. Strengthen the rigid constraints of the planning and layout of the petrochemical industry. Strictly control the new production capacity of refining, calcium carbide, ammonium phosphate, yellow phosphorus and other industries, pr...
U.K. interest rate futures show the Bank of England will cut interest rates by about 45 basis points by the end of 2025, and Wednesday showed a cut of about 50 basis points.