According to news on December 12, data showed that the US CPI accelerated year-on-year and month-on-month growth in November, and the core CPI year-on-year and month-on-month increases were the same as those in October. These data are fully in line with expectations. The probability of the Federal Reserve cutting interest rates by 25 basis points in December has almost been fully confirmed by the market. Pricing. According to 4E monitoring, the three major U.S. stock indexes had mixed gains and losses on Wednesday. The Dow closed down 0.22%, the S&P 500 rose 0.82%, technology stocks and chip stocks generally rose, pushing the Nasdaq to rise 1.77%, hitting a record high and closing for the first time. Above the 20,000 point mark. Among large technology stocks, Tesla rose nearly 6%, leading technology giants such as Google, Meta, and Amazon to hit new highs. Tesla's rise for six consecutive trading days also made Musk the first person in the world with a net worth of more than 400 billion. Encryption concept stocks surged collectively, with MicroStrategy rising by more than 9% and Coinbase rising by nearly 4%. Affected by the release of U.S. CPI data that was in line with expectations, the encryption market as a whole recovered and moved higher. Bitcoin rose 4.5% and regained US$100,000. Ethereum exceeded US$3,800. Altcoins collectively rebounded and generally returned to the position before yesterday's decline. Data shows that the U.S. Bitcoin spot ETF had a net inflow of US$223 million yesterday, and more than 970 million USDT on the chain flowed from Tether to CEX in the past 24 hours. Market transactions were active and bullish sentiment was strong. In terms of foreign exchange commodities, the U.S. dollar rebounded in a V-shape, rising to a two-week high for four consecutive days, while non-U.S. currencies generally fell; expectations of interest rate cuts boosted gold prices, with spot gold climbing 0.9% to hit $2,720, a five-week high; U.S. EIA crude oil inventories last week The reduction exceeds expectations, and global demand is expected to pick up. Under the dual benefits, oil prices continue to strengthen. With the release of non-agricultural and CPI data, it is almost certain that the Federal Reserve will cut interest rates next week. However, given that the data itself is higher than the previous value, it still reduces the space for the Federal Reserve to cut interest rates next year to a certain extent. The market expects that next year 1 The chances of a monthly interest rate cut are slim. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.