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Daiwa Capital Markets raised its price target for Ford Motor (FN) from $13 to $14.February 12th - Railway passenger traffic has entered its pre-holiday peak. The latest data from China State Railway Group shows that 15.05 million passengers are expected to travel today, with 2,039 additional passenger trains planned. Since the start of the Spring Festival travel rush on February 2nd, the national railway system has seen daily passenger volume exceed 10 million for 10 consecutive days.According to futures market news on February 12th, as of the week ending February 7th, Japans commercial crude oil inventories were 10.077 million kiloliters, an increase of 167,823 kiloliters from the previous weeks 9.9092 million kiloliters. Japans commercial gasoline inventories were 1.6242 million kiloliters, a decrease of 71,508 kiloliters from the previous weeks 1.6957 million kiloliters. Japans commercial aviation fuel inventories were 638,700 kiloliters, a decrease of 89,021 kiloliters from the previous weeks 727,800 kiloliters. Japans commercial kerosene inventories were 1.633 million kiloliters, a decrease of 170,563 kiloliters from the previous weeks 1.8036 million kiloliters. Japans commercial diesel inventories were 1.4555 million kiloliters, a decrease of 79,329 kiloliters from the previous weeks 1.5348 million kiloliters. The refinery operating capacity (BPSD) utilization rate was 89.20%, compared to 87.60% the previous week. The refinerys designed capacity (BPCD) utilization rate was 85.50%, compared to 84.00% the previous week.On February 12th, Wallfacer officially released its sparse-linear attention hybrid architecture SALA, and the text model MiniCPM-SALA based on this architecture, which has only 9B parameters. According to reports, MiniCPM-SALA does not use speed-up algorithms such as speculative sampling. On cloud inference chips, when the sequence length is 256K words, its inference speed is up to 3.5 times that of Qwen3-8B, and it supports inference with a context length of up to one million words on cloud chips and consumer-grade edge GPUs.February 12th – The State Council Information Office held a press conference this morning (February 12th) to introduce the "Spatial Coordination Plan for the Modernized Capital Metropolitan Area (2023-2035)" and answer questions from reporters. A relevant official from Beijing introduced that Beijing Pingyuan New Town is an important node for leveraging regional synergy and forming a tiered functional layout, and is also a crucial link in building a modernized capital metropolitan area. Currently, Beijing Pingyuan New Towns economic output has reached one trillion yuan, its permanent residents account for over 30% of the citys total, and it has already formed several cross-border clusters with the surrounding areas of Beijing, possessing a solid foundation for development. Looking towards 2035, the region will have approximately 500,000 permanent residents, 70 square kilometers of urban and rural construction land, and an incremental space of 200 million square meters of building area. With enormous development potential, it will be an important platform for undertaking the relocation of suitable functions from the central urban area and serving the cross-border commuting needs of the commuting population.

ADA Price Prediction: Hot US Stats to Test Buyer Appetite at $0.370

Skylar Shaw

Nov 03, 2022 15:37

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ADA dropped on Wednesday by 3.74%. Tuesday saw a loss of 1.23% for ADA, which closed the day at $0.38. It's noteworthy that ADA closed the day below $0.400 for the first time in six sessions.


After a choppy morning session, ADA surged to a high of $0.409 in the late afternoon. The price of ADA dropped to a late low of $0.380 after failing to surpass the First Major Resistance Level (R1) at $0.411. At $0.394 and $0.388 respectively, the First Major Support Level (S1) and Second Major Support Level (S2) were breached by ADA, which closed the day at $0.386.


A bumpy afternoon session was brought on by US economic data, the FOMC policy decision and Rate Statement, and Fed Chair Powell's press conference.


Hope for a December pivot is dashed by Fed Chair Powell.


Investors were not diverted from the FOMC policy decision or Fed Chair Powell's press conference by updates from Input Output HK (IOHK) or its creator Charles Hoskinson.


Due to lack of authority, NASDAQ Composite Index and Fed Chair Powell controlled ADA.


After soaring to a day high in response to the FOMC Statement, ADA fell in response to Fed Chair Powell's news conference. With his declaration that "final level of interest rates would be higher than previously projected," Fed Chair Powell put an end to expectations of a December Fed turnaround. ADA decreased to a day low of $0.380 before leveling out.


The NASDAQ Composite Index reacted to Powell's speech as well, finishing the day down 3.36%.


US economic figures will be of importance later today. Factory orders, unemployment claims, and the ISM Non-Manufacturing PMI will provide ADA guidance. In the absence of IOHK network updates, the ISM Non-Manufacturing PMI and its sub-components would probably have the most impact.

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