Nov. 23, 2024, 3:50 p.m.

Late at night! Bank of Canada cuts interest rates, What will the impact be?

Overnight, global assets collectively adjusted. The Bank of Canada cut its benchmark interest rate by 50 basis points from 4.25 per cent to 3.75 per cent, its fourth and biggest cut since early June.

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Gold prices hit a new high, a historic rise driven by who

On the stage of financial markets, gold has always been the focus of attention. Recently, the price of gold has been hitting record highs, causing widespread concern among global investors. So what is driving gold's historic rally?

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Financial Stability Oversight Council Meeting: Strengthening Financial Regulation to Safeguard Economic Stability

On October 18, 2024, U.S. Treasury Secretary Janet Yellen convened a meeting of the Financial Stability Oversight Council, a move that once again focused global attention on the field of U.S.

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What does the collapse of US financial hegemony indicate?

In the ever-changing global economy, the United States has long relied on its financial hegemony to act recklessly on the world economic stage.

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Bitcoin hits new highs: Market euphoria amid bubble fears

Under the calm appearance of the financial market, another sharp fluctuation in the price of bitcoin has once again become the focus of market attention.

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BRICS payment new system: Opening up a new global financial channel

On today's ever-changing global economic stage, the BRICS payment system jointly created by the BRICS countries - Brazil, Russia, India, China and South Africa is reshaping the international financial landscape with its unique charm and strong potential.

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Will the European Central Bank's interest rate cut spur growth in Europe?

On October 17, the Governing Council of the European Central Bank decided to cut all three key interest rates by 25 basis points at its monetary policy meeting in Ljubljana, Slovenia.

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Uncontrolled climate financing

Oxfam released a new report today on the eve of the annual meetings of the World Bank and the International Monetary Fund in Washington D.C.

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The significant decline in demand for mortgage loans in the United States: challenges in the real estate market under the surge in interest rates

In recent financial data releases, a key indicator released by the Mortgage Bankers Association (MBA) has attracted widespread attention - as of the latest statistical week, the total number of mortgage applications in the United States has decreased by 17% month on month.

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Brics countries join forces to build a payment system to shake the US financial position

Amid the profound adjustment of the global economic landscape, the BRICS Summit serves as an important platform for cooperation between emerging markets and developing countries.

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