EUR/USD 1.16746
0.258%
Gold 4717.45
0.972%
Oil 59.145
-0.340%
USD/JPY 158.498
0.238%
GBP/USD 1.34445
0.145%
GBP/JPY 213.099
0.393%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ministry of Finance: In 2026, ultra-long-term special treasury bonds will continue to be allocated for the construction of major projects and new infrastructure projects.A Reuters poll indicates that the Central Bank of Malaysia will keep its overnight policy rate at 2.75% on January 22. The Central Bank of Malaysias overnight policy rate is expected to remain at 2.75% until 2026.On January 20th, at a press conference held by the State Council Information Office, Liao Min, Vice Minister of Finance, stated that in 2026, the Ministry of Finance will continue to implement a more proactive fiscal policy, which can be summarized as "increased total amount, optimized structure, better efficiency, and stronger momentum." The fiscal deficit, total debt, and total expenditure in 2026 will remain at necessary levels, ensuring that overall spending will "only increase and not decrease" and that support for key areas will "only strengthen and not weaken."On January 20th, the Shanghai Futures Exchange (SHFE) reported the following data on energy and chemical warehouse receipts and changes: 1. Pulp futures warehouse receipts: 128,554 tons, an increase of 970 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 11,000 tons, a decrease of 1,000 tons compared to the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 2,840 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons. 6. Petroleum asphalt futures warehouse receipts: 16,110 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 30,810 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,464,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 13,000 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.Liz McKean, Director of Economic Statistics at the UK Office for National Statistics: Although there was a slight increase in job vacancies during the latest reporting period, the overall number has remained largely flat over the past six months after a prolonged decline.

BTC Fear & Greed Index Holds as the NASDAQ Composite Index Falls Again

Skylar Shaw

Nov 04, 2022 16:35

微信截图_20221104140539.png


Bitcoin (BTC) increased by 0.29% on Thursday. BTC finished the day at $20,223, somewhat correcting a loss of 1.63% on Wednesday. Notably, BTC avoided sub-$20,000 for the eighth day in a row while snapping a four-day losing run.


BTC increased to a morning high of $20,404 thanks to a positive start to the day. BTC dropped to a midday low of $20,052 after failing to surpass the First Major Resistance Level (R1) at $20,629 throughout the day. However, BTC returned to $20,356 before easing down, avoiding the First Major Support Level (S1) at $19,900.


US economic statistics supported the price of bitcoin.


The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Analysts predict a drop to 55.5.


The Index's sub-components were diverse. The non-manufacturing employment index for ISM dropped from 50.0 to 49.1. The Prices Index, however, increased from 68.7 to 70.7.


The unit labor cost data and other statistics, which were crypto-positive, contained unemployed claims. Initial unemployment claims saw a slight dip from 218k to 217k, while unit labor expenses increased by 3.5% in Q3, down from 8.9% in Q2.


Although the statistics supported cryptocurrency, Fed Chair Powell's statement continued to challenge the willingness of buyers. The markets continued to react to Fed Chair Powell's speech on Wednesday, which contributed to the NASDAQ Composite Index's decline of 1.73% on Thursday.


The US employment data released today will significantly affect the NASDAQ Composite Index and the cryptocurrency market.


The association between BTC and the NASDAQ Composite Index remains due to the cryptocurrency's sensitivity to US economic data and the FED. The NASDAQ 100 Mini was up 0.5 points this morning.

Suggestion