Chinas Interest Rate Cut Initiates Global Stock Market Surge Bitcoin Surges Above 64K

According to a report by CNBC, the World Federation of Large Enterprises indicated on Tuesday that consumer sentiment regarding the economy significantly declined in September, marking the largest drop in over three years due to heightened concerns about employment and business conditions. The committee’s Consumer Confidence Index fell from 105.6 in August to 98.7, representing the largest month-over-month decline since August 2021, coinciding with the outbreak of the COVID-19 pandemic.