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Hong Kong Financial Secretary Paul Chan Mo-po stated today (March 1st) that while direct trade and investment between Hong Kong and Iran are limited, the conflict has created significant uncertainty globally. He estimated that the Middle East conflict has led to greater volatility in financial markets, potentially causing faster capital flows and uncertainty. Local funds may seek a "safe haven" in Hong Kong, and the Hong Kong SAR government is prepared to carefully manage financial risks, with sufficient contingency plans in place. He pointed out that the conflict could have a short-term impact on gold and oil prices, as well as international trade and transportation costs, and the SAR government has been continuously assessing the associated risks.March 1 (Xinhua) -- Iranian media reported on March 1 that several senior Iranian military officers were killed in attacks by the United States and Israel, including Iranian Armed Forces Chief of Staff Mousavi, Islamic Revolutionary Guard Corps Commander Mohammad Pakpour, Defense Council Secretary Ali Shamkhani, and Defense Minister Aziz Nasirzadeh. The names of other victims will be released later.Iraq declared three days of national mourning following the assassination of Irans Supreme Leader Ayatollah Khamenei.California Governor Gavin Newsom: Trump has lied to the American people. His reckless and illegal wars offer no description of how they will end, nor any explanation of the existential threats they pose.March 1st - Multiple sources from trading institutions said on February 28th that following the US and Israeli attacks on Iran, Iran announced the closure of the Strait of Hormuz, and several tanker owners and traders have suspended the transport of crude oil, fuel, and liquefied natural gas through the strait. According to the German Shipowners Association, the shipping industry is facing an "acute operational crisis." Reuters quoted an executive of a major trading firm as saying, "Our ships will remain anchored for several days." Satellite images show that many ships are stranded near major ports such as Fujairah in the UAE, failing to pass through the Strait of Hormuz. Container carrier CMA CGM stated that after the US and Israeli attacks on Iran, the group has instructed its ships in or heading to the Gulf region to find safe locations.

DOGE Bulls Eye a Return to $0.0780 to Target $0.080 on Twitter Hopes

Skylar Shaw

Dec 26, 2022 16:12

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Dogecoin (DOGE) increased by 0.26% on Saturday. DOGE finished the day at $0.0776 after gaining 0.65% on Friday. Interestingly, DOGE closed the session below $0.0800 for the eighth day in a row.


DOGE saw a mixed day's start, dropping to an overnight low of $0.0767. DOGE increased to a high of $0.0782 in the early evening, avoiding the First Major Support Level (S1) at $0.0762. However, DOGE slipped down to conclude the day at less than $0.0776 after falling short of the First Major Resistance Level (R1) at $0.0788.


On Saturday, Shiba Inu Coin (SHIB) increased by 0.73%. SHIB finished the day at $0.00000832, somewhat correcting a loss of 0.96% on Friday. SHIB finished the day below $0.0000090 for the eleventh session in a row.


SHIB saw a mixed start, dropping to a low of $0.00000823 at mid-morning. SHIB increased to a high of $0.00000835 in the early evening after avoiding the First Major Support Level (S1) at $0.00000818. SHIB fell down to close the day at $0.00000832, falling short of the First Major Resistance Level (R1) at $0.00000838.