what is cryptocurrency simple explanation- Top Knowledge

From the news, the Central Economic Work Conference was held from December 11th to 12th, which set a "positive" tone for next year and is expected to boost market confidence. The meeting demanded that fiscal policy should be moderately strengthened, quality and efficiency should be improved, and monetary policy should be flexible, moderate, accurate and effective, which is of great significance for consolidating the stable and sound foundation of macro-economy. In addition, the December meeting of the Federal Reserve on interest rates is approaching. According to the interest rate observation tool of the CME Federal Reserve, the probability of maintaining the current benchmark interest rate unchanged is 44.1%, and the probability of continuing to cut interest rates by 25 basis points is 55.9%. The result of the meeting will have an impact on global capital flows and market sentiment.Analysis on the trend of A shares on December 11th, 2024.Analysis on the trend of A shares on December 11th, 2024.

From a technical point of view, the Shanghai Composite Index closed at 3,432.49 points on December 11th. In the short term, the market is still in a volatile pattern, but attention should be paid to the 5-minute level adjustment and the support level of 3,227 points. If the market can remain strong for half an hour after opening tomorrow, and the volume can be enlarged, it is expected to continue its upward trend. On the contrary, if there is a low opening and insufficient quantity and energy, the market may face downward adjustment pressure.From the news, the Central Economic Work Conference was held from December 11th to 12th, which set a "positive" tone for next year and is expected to boost market confidence. The meeting demanded that fiscal policy should be moderately strengthened, quality and efficiency should be improved, and monetary policy should be flexible, moderate, accurate and effective, which is of great significance for consolidating the stable and sound foundation of macro-economy. In addition, the December meeting of the Federal Reserve on interest rates is approaching. According to the interest rate observation tool of the CME Federal Reserve, the probability of maintaining the current benchmark interest rate unchanged is 44.1%, and the probability of continuing to cut interest rates by 25 basis points is 55.9%. The result of the meeting will have an impact on global capital flows and market sentiment.

From the overall performance of the market, the market opened slightly lower in the morning, then gradually oscillated and rebounded, and kept running on the water. The big consumer sector continued to be active at the opening, and the retail and food and beverage sectors performed strongly. AI glasses came from behind, leading the two markets, but the Sora concept and finance were mediocre. In the afternoon, the market continued to rotate rapidly, and coal, cement and tourism took turns to go into battle. The activity of individual stocks gradually increased, but the index was dragged down by weight.From a technical point of view, the Shanghai Composite Index closed at 3,432.49 points on December 11th. In the short term, the market is still in a volatile pattern, but attention should be paid to the 5-minute level adjustment and the support level of 3,227 points. If the market can remain strong for half an hour after opening tomorrow, and the volume can be enlarged, it is expected to continue its upward trend. On the contrary, if there is a low opening and insufficient quantity and energy, the market may face downward adjustment pressure.Analysis on the trend of A shares on December 11th, 2024 and the market outlook for tomorrow.