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The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.SOMO, Iraq's national oil marketing organization: Iraq will set the official selling price of Basra Intermediate crude oil sold to North America and South America in January next year at a discount of $1.5 per barrel. Iraq will set the official sales price of Basra Intermediate crude oil sold to Europe in January next year at a discount of $5.5/barrel compared with the spot Brent crude oil price.

An earthquake of magnitude 4.0 occurred in the sea area of Yilan County, Taiwan, with a focal depth of 95 kilometers. The China Seismological Network officially determined that an earthquake of magnitude 4.0 occurred in the sea area of Yilan County, Taiwan (24.75 degrees north latitude and 122.51 degrees east longitude) at 21: 56 on December 10, with a focal depth of 95 kilometers.Market news: Egypt calls for a comprehensive political process in Syria.Orient securities gave Yuekang Pharmaceutical Group Co., Ltd. an initial buy rating.

The death toll from the explosion of a fuel depot in central Italy has risen to five. The reporter learned on the 10th local time that the body of the last missing person in the explosion of a fuel depot in the suburb of Florence in central Italy on the 9th has been found. Up to now, the explosion has caused 5 deaths and 26 injuries, of which 2 were seriously injured. (CCTV News)Bitcoin hit $98,000, regaining all the decline in the day, and once fell 4.5% this morning.According to the data of the Federal Reserve Bank of new york, the guaranteed overnight financing rate (SOFR) was 4.63% on the last trading day (December 9), compared with 4.60% on the previous day. The effective federal funds rate on the last trading day was 4.58%, compared with 4.58% the day before.