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April 9th – This afternoon (April 9th), the Ministry of Commerce held a regular press conference to introduce recent key work in the commercial field. The spokesperson stated that China and the EU are important economic and trade partners. For many years, China-EU economic and trade cooperation has had a solid foundation, ample growth momentum, and deeply integrated production and supply chains, forming a virtuous cycle of complementary advantages and mutual benefit. China has always maintained an open attitude towards negotiating bilateral economic and trade arrangements with the EU and welcomes relevant proposals from European leaders. However, in recent years, the EU has used various economic and trade tools to investigate and restrict Chinese companies. China hopes that the EU will listen more to the voices of its member states and European industry, abandon protectionist practices, and work with China to replace building walls with open cooperation, properly handle frictions and differences through dialogue and consultation, and jointly promote the healthy and positive development of China-EU economic and trade relations.April 9 – Foreign Ministry Spokesperson Mao Ning held a regular press conference on April 9. An AFP reporter asked, “Foreign Minister Wang Yi will be visiting North Korea. Could the spokesperson provide further details on the topics he will discuss? Will he raise the issue of resuming Chinese tourism to North Korea?” Mao Ning replied, “Yesterday I introduced the relevant arrangements for Foreign Minister Wang Yi’s visit to North Korea. We will release further information in a timely manner if there are any updates. You can stay tuned. I believe both sides will discuss issues of common concern.”On April 9, Foreign Ministry Spokesperson Mao Ning held a regular press conference. An AFP reporter asked, "The White House stated yesterday that the United States held high-level talks with China over the past few days regarding the Iran war. Can the spokesperson confirm that the talks did take place, and what specific topics were discussed?" The reporter also asked, "Regarding Lebanon, does China believe that Lebanon should also be included in the ceasefire agreement that has been reached?" Mao Ning responded to the reporters first question, "Since the outbreak of the conflict, China has maintained communication with all parties and actively promoted peace and prevented further fighting." Regarding the second question, Mao Ning stated, "We have just explained our position on the situation in Lebanon. We hope that all parties can take the temporary ceasefire arrangement as an opportunity to resolve disputes and end the fighting through political and diplomatic means."April 9th - In the first quarter of 2026, the national railway system transported a total of 1.133 billion passengers, a year-on-year increase of 5.5%; the average daily number of passenger trains operated by the national railway system in the first quarter was 12,072, a year-on-year increase of 7.1%.Italian Prime Minister Meloni: The current government will last for five years.

Crypto Market Daily Highlights - ETH Extends Winning Streak to Eight

Daniel Rogers

Jan 16, 2023 10:52

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The top ten cryptocurrencies had a mixed Sunday session, with ETH bucking the trend while the larger market ended a seven-day losing streak. Profit-taking and regulatory risk contributed to a turbulent Sunday session. The crypto market cap declined by $0.881 billion to close the day at $938.70 billion. It was a mixed afternoon for the crypto top 10 on Sunday. ETH bucked the top ten trend. Notably, BTC revisited $21,000 for the second time since November 7 and the bankruptcy of FTX.

 

On Sunday, neither external market forces nor crypto market catalysts contributed to the eight-session winning streak. With the US markets closed today, profit-taking left the larger crypto market with a small loss.

 

Trading Derivatives includes a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suited for all investors, so please ensure that you fully appreciate the risks involved, and get independent advice if necessary. A Product Disclosure Statement (PDS) can be received either via our website or on request from our offices and should be considered before entering into a transaction with us. 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.

 

Regulatory risk almost certainly contributed to the decline. On Thursday, US politicians were back in the spotlight. Reportedly, House Republicans intend to form a Subcommittee to oversee the digital asset market.

 

The disclosure coincides with the SEC bringing accusations against Genesis and Gemini for the unregistered offer and sale of crypto asset securities through the Gemini Earn lending program.

 

There are currently no US economic indicators for investors to evaluate. The lack of statistics will leave the crypto market to the discretion of crypto news outlets and FOMC member talk. Regulatory noise and hawkish FOMC member rhetoric may test current buyer appetite.

 

This week, US business earnings, economic indicators, and FOMC member talk will likely affect investor sentiment, as measured by the NASDAQ Index. Bets on a 25-basis-point Fed rate hike and a decline in FTX contagion risk continue to support the crypto market.