Institution: AUD/NZD may rebound in the coming months. Jane Foley, foreign exchange strategist of ABN amro, said in a report that AUD/NZD may rebound in the coming months, because the growth momentum of New Zealand's economy is far less than that of Australia. "The weakness of the New Zealand economy and the risk of further sharp interest rate cuts by the New Zealand Federal Reserve indicate that the fundamentals do not support the further performance of the New Zealand dollar against the Australian dollar." The New Zealand Federal Reserve cut interest rates by 50 basis points in November and hinted that it would cut interest rates further in 2025. The Reserve Bank of Australia kept interest rates unchanged on Tuesday. The Dutch cooperative bank predicts that the Australian dollar will rise from the current 1.0991 to 1.12 against the New Zealand dollar within three months.OPEC Secretary-General Haitham al Ghais was re-elected. The next regular meeting of OPEC will be held on May 28th, 2025.Nasdaq Jinlong China Index fell 3.6% at the beginning of the session, and rose 8.5% in the previous trading day.
Norwegian Natural Gas Company: From December 11th to December 12th, Colesnes Natural Gas Treatment Plant stopped production 6 million cubic meters/day.Nasdaq Jinlong China Index fell 3.6% at the beginning of the session, and rose 8.5% in the previous trading day.ISHARES China ETF fell 4.3%.
Market News: new york will close the immigration shelter at Floyd Bennett Airport.Market news: Vestis, a supplier of workplace supplies, is interested in acquisition by several acquisition companies.Trump's nominated chairman of the SEC once blamed the US government for FTX's downfall, and Trump's nominated chairman of the US Securities and Exchange Commission once blamed the FTX cryptocurrency exchange's collapse on an unusual suspect, that is, the US government itself. Atkins, 66, witnessed the disaster of FTX with his own eyes, and the collapse of the encryption empire still reverberates in the digital asset world. Patomak Global Partners, his consulting firm in Washington, DC, was listed as a creditor of FTX bankruptcy case, and the date of signing the consulting agreement of its board of directors was January 2022, about 10 months before the bankruptcy of Bankman-Fried. According to court documents, the company also served as a lobbyist for FTX. Atkins pointed out in a podcast last year that "the collapse of FTX was an international disaster, and I think it was because the United States did not formulate rules to adapt to this new technology". He also admitted that the fraud of Bankman-Fried was the core reason for the collapse of the exchange.