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November 14th - According to sources familiar with the matter, Boeing is poised to win a major order for most of Dubai Airways single-aisle aircraft, although Airbus still has a slim chance of securing some business from the airline, which has never ordered aircraft from European manufacturers. The sources said both manufacturers are vying for the order of 200 narrow-body aircraft, with an option to purchase an additional 100. They indicated the deal could be announced at the Dubai Airshow, which begins on Monday. The sources stated the deal is not yet finalized. The state-owned airline may split the order or decide to opt for Boeing again. Dubai Airways currently uses only aircraft from the American company, but delays in receiving its 737 narrow-body aircraft have forced the airline to consider other options. The sources said Dubai Airways CEO Ghaith Al Ghaith visited Airbuss headquarters in Toulouse, France, a few weeks ago and discussed the size and price of potential purchases with executives. The sources said the airline had previously engaged in in-depth discussions with Airbus but ultimately withdrew. If a formal agreement is reached this time, it will mark the first time in its 17-year history that it has switched from Boeing to another manufacturer.Atlanta Fed President Bostic, a 2027 FOMC voting member, will speak in ten minutes.Swiss government: US tariffs will be reduced to 15%.On November 14th, Morgan Stanley analyst Bruna S. Karica stated in a report that the UK governments potential reversal of its plan to raise income taxes has reduced the likelihood of a Bank of England rate cut. Following reports on Friday suggesting the government would not raise income taxes, Skarica said Morgan Stanley is less certain about the size of funds available for anti-inflation measures, and more broadly, the size of pre-emptive fiscal austerity measures. Refinitiv data shows that market pricing in a December rate cut by the Bank of England has fallen from 81% on Thursday to 78%.U.S. Trade Representative Greer: The food tariff exclusion list will apply to countries that have reached an agreement with or have not reached an agreement with the United States.

ADA Price Prediction: IOHK Updates and EMURGO Silence to Test $0.320

Cory Russell

Mar 06, 2023 16:54


ADA dropped on Saturday by 1.75%. Friday saw a drop of 2.28%, and ADA closed the day at $0.337. Despite the negative afternoon, ADA managed to stay above $0.330.


After a positive opening to the day, ADA increased to a peak of $0.347 before going back down. ADA declined to a late low of $0.331, falling shy of the First Significant Resistance Line (R1) at $0.356.


However, ADA found late support to finish the day at $0.337 while avoiding the First Significant Support Line (S1) at $0.326.


Input Output HK (IOHK) published its weekly development report on Friday. The report disappoints as the outlook worsens. The lack of new projects starting on the Cardano network in the previous week disappointed investors who were looking for project influx in the figures. It's possible that increased governmental and legislative monitoring is causing companies to postpone project openings. A clearer image will emerge from the project's financial data in the following weeks.


117 initiatives were started on the Cardano network, which is unaltered from February 24 according to the Weekly Progress update for March 3.


The overall number of Cardano network projects increased by four from the prior update to 1,209.


There were 5,953 Plutus screenplays in total, of which 797 were Plutus V2 scripts. There were 5,857 Plutus programs as of February 24.


Before the Vasil hard split, 98 projects had been released on Cardano, and 1,100 projects were developing on the Cardano network.


In addition, there were 7 million native tokens (7.83 million in the prior report), 62.2 million trades (61.8 million in the prior report), and 70,258 token policies (PR: 70,039).


Concerns about the SEC's emphasis on stablecoins will arise for EMURGO and the upcoming rollout of the USDA algorithmic stablecoin. The debut of EMURGO's Agricultural stablecoins on the Cardano network is planned for Q1 2023. As the first quarter draws to a close, a dearth of information would put customer interest to the test.


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