The previous crude oil futures 2401 contract closed up 1.51% at 545.40 yuan/barrel. Shanghai Gold closed down 0.59% and Shanghai Bank closed down 1.67%.Market News: Texas, USA, announced a draft legislation to establish a strategic bitcoin reserve.Cipher digital currency concept stocks generally rose, with Bakkt Holdings rising by 12.2%, Riot Platforms rising by 9.4%, TeraWulf rising by 7.3%, Robinhood rising by 4.2%, and Ethereum ETF QETH rising by over 3.9%. President-elect Trump announced that he would take major actions against cryptocurrencies. Bitcoin rose more than 0.7%, reaching a daily high of $102,000.
ServiceTitan(TTAN), a software provider, opened its US IPO at $101.00 on the first day, compared with the previous IPO price of $71.00 per share.The Brazilian central bank raised its benchmark interest rate to 12.25% for the third time this year. On the 11th, local time, the Monetary Policy Committee of the Brazilian central bank announced that it had decided to raise its benchmark interest rate to 12.25%, which is the third time that the Brazilian central bank raised interest rates this year. Brazil's central bank said that the interest rate hike was affected by international uncertainties and Brazil's domestic economic policies, and it is expected that the benchmark interest rate will be raised again in January and March next year. Since August last year, the Brazilian central bank cut interest rates seven times in a row, stopped cutting interest rates in June this year, and then raised the benchmark interest rate three times in a row. After this adjustment, Brazil's benchmark interest rate at the end of 2024 was the same as that at the end of 2023, which was 12.25%. The latest "Focus" bulletin of the Brazilian central bank raised the expected inflation rate to 4.84% in 2024, which is higher than the upper limit of the country's inflation rate management target of 4.5% from 2024 to 2026.Market News: Volkswagen Audi will stop production in Brussels before February 28th.
UN spokesman: UN Secretary-General Guterres pays special attention to hundreds of air strikes by Israel on several locations in Syria. He stressed the urgent need to reduce the level of violence in all aspects of Syria.Intel executives: Over time, we may sell some of our positions in Mobileye.Market News: The Canadian government sells its shares in Air Canada.