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March 9th - According to the latest smartphone research from TrendForce, global smartphone production reached 337 million units in the fourth quarter of 2025, a 2.7% increase quarter-on-quarter, thanks to the surge in sales of new Apple models. Furthermore, Apple and Samsung both produced nearly 240 million units in 2025, tying for the top spot globally. TrendForce stated that the smartphone market benefited from subsidies in the Chinese market in the first half of 2025, while the traditional peak season contributed to the second half, resulting in a total production of approximately 1.254 billion units for the year, a 2.5% year-on-year increase. In 2026, due to soaring memory prices, smartphone costs increased sharply, and global production is expected to decrease by at least 10% year-on-year, falling to 1.135 billion units. Brand manufacturers face a dilemma of "raising prices to maintain profits" and "reducing specifications to maintain volume," with the low-end market bearing the brunt.Fitch Ratings: Global corporate cash flow will increase in 2026; the impact of the Iran war remains unclear.Gold prices fell 1% on Monday as markets worried that rising energy prices could exacerbate inflation and delay US interest rate cuts. Meanwhile, oil prices surged above $100 a barrel as major Gulf oil producers began cutting production. Nevertheless, Saxo Bank analysts noted in a report: "The current surge in oil prices reflects a supply shock rather than increased demand, which exacerbates the risk of stagflation and could ultimately force central banks to provide economic support. In the short term, deleveraging and a stronger dollar may put pressure on gold prices, but this does not eliminate the fundamental reasons for the increasing influx of investors into hard assets in recent years."March 9th - Apple is set to release its first foldable phone, the iPhone Fold, in the second half of the year. Supply chain sources indicate that Apple is very confident in the sales volume of the new phone and has significantly increased the inventory prepared by its supply chain, raising it by 20% above the original target. This is a rare instance of Apple significantly increasing its inventory requirements for new phones in recent years.French auto stocks fell 1.9% to 5.2%.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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