digital currency group- Top Overview

The bauxite of the Guinea project of Tianshan Aluminum Group was shipped for the first time. According to the news of Tianshan Aluminum Group, on the afternoon of December 11th, local time in Guinea, Zeng Chaolin, the chairman of the company, attended and presided over the first shipment ceremony of the bauxite of Guinea project. This inaugural ceremony marks that the whole chain of the project has entered the operation stage. Subsequently, the company will increase infrastructure investment and mining scale, and gradually increase production capacity and transportation capacity. It is expected that the bauxite self-sufficiency rate will be 100% within two years, ensuring the company to obtain stable and low-cost bauxite resources and continuously maintain the competitive advantage of the integrated industrial chain.The turnover of Shanghai and Shenzhen stock markets exceeded 1 trillion for the 52nd consecutive trading day, exceeding 10 billion compared with yesterday.OPEC continues to lower its global oil demand forecast. According to Xinhua News Agency, the Organization of Petroleum Exporting Countries (OPEC) released its monthly oil market report on the 11th, lowering its global oil demand forecast for 2024 and 2025. This is the fifth time that OPEC has lowered its global oil demand forecast for this year and next since August this year.

The yield spread of US 10-year Treasury bonds relative to China's has widened to about 250 basis points, the largest in 22 years.According to sources, Hamas handed over a list of hostages to be released, including Americans.Survey: More than 40% of analysts expect the Bank of Japan to raise interest rates this month, but most think that January next year is the best time. According to the latest survey, observers of the Bank of Japan predict that January is the most likely time to raise interest rates next time, but more than 40% of the respondents still expect to take action next week. According to the survey, about 52% of the 52 economists surveyed expect the Bank of Japan to raise the policy interest rate from 0.25% in January, compared with 32% in the last survey. About 44% of the respondents expect the central bank to take action at the end of the two-day meeting on December 19, down from 53% in the last survey. The survey results show that observers believe that the Bank of Japan's policy meeting this month is likely to move or not to move to a large extent. About 88% of the respondents said that the earliest possible time to raise interest rates in their risk scenarios is next week. Another equally high data shows that Japan's economic and price environment will justify raising interest rates this month.

The Hang Seng Index rose more than 1%, the Hang Seng Technology Index rose 1.47%, and the technology stocks strengthened.According to the data released by Shanghai Steel Union, the price of battery-grade lithium carbonate (in early trading) was the same as that of the previous day, with an average price of 76,450 yuan/ton.OPEC continues to lower its global oil demand forecast. According to Xinhua News Agency, the Organization of Petroleum Exporting Countries (OPEC) released its monthly oil market report on the 11th, lowering its global oil demand forecast for 2024 and 2025. This is the fifth time that OPEC has lowered its global oil demand forecast for this year and next since August this year.