USD/JPY of USD/JPY continued to rise, breaking through the 152 mark, and now it is up by 0.04%, after falling by 0.5%.Bank of Japan officials believe that there is little risk that the depreciation of the yen will push up inflationary pressure at this stage.Yihang Smart rose more than 1% before the market. Shenzhen built the world's leading low-altitude economic industrial ecology, and EH.US rose 1.42% to US$ 15.71 before the market. In the news, the key low-altitude new infrastructure project in Nanshan District, Shenzhen, Guangdong Province was officially launched recently. The project will deploy low-altitude new infrastructure to build a world-leading low-altitude economic and industrial ecology. According to industry insiders, the development prospect of low-altitude economy is broad, and the construction of low-altitude infrastructure will be accelerated. At present, China's low-altitude smart network and low-altitude airspace management need to be improved, related infrastructure and technology need to be broken, and business models still need to be explored.
UBS Group AG expands its American wealth department.African stock market | South Africa's stock index closed down more than 0.4%, led by basic metal mining stocks Glencore, Anglo-American and BHP Billiton. On Tuesday (December 10th), South Africa's FTSE /JSE Africa Leading 40 Tradeable Index closed down 0.44% to 78,703.60 points. Glencore, a constituent stock, closed down 2.56%, Anglo-American Company fell 1.99%, BHP Billiton Group fell 1.74%, ranking third from the bottom, Jintian Company rose 0.75%, ranking sixth, and harmony Gold rose 0.81%, ranking fifth. The South African rand is currently down 0.56% against the US dollar, temporarily reporting 17.8720 rand, which is the highest level since November 11, which was set on Monday.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.
Fangduoduo fell about 6.5% before the market, and announced that it would raise $7 million through the sale of shares. Fangduoduo (DUO.US) fell about 6.5% before the market to $0.72. In the news, Fang Duoduo announced that it would sell Class A common stock at the price of 0.7 USD per share, raising a total of 7 million USD. The net proceeds will be used for general enterprise purposes.The Singapore Straits Times Index fell 0.5% to 3,792.82.UBS Group AG expands its American wealth department.