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February 21 (Xinhua) -- A forest fire broke out in Seosan City, South Chungcheong Province, South Korea, on February 21, according to a report from the South Chungcheong Provincial Fire Department. Firefighters and other departments immediately rushed to the scene to extinguish the blaze. Because the fire originated near the Daeju Resource Reserve Industrial Complex, South Koreas largest national oil reserve facility, strong winds posed a risk of the fire spreading to critical infrastructure, causing high alert among relevant departments. At approximately 4:10 PM local time, the Seosan Fire Station raised its response level to Level 2, mobilizing all available equipment from its jurisdiction and neighboring fire stations to focus on preventing the fire from spreading towards the industrial complex.February 21 – European Central Bank Governing Council member and Bank of Italy Governor Leon Panetta stated that the US economy has borne the brunt of President Trumps tariffs. Speaking in Venice on Saturday, he said, "Foreign exporters appear to have absorbed a portion of the losses, estimated at around 10%. Initially, this loss was absorbed by the profits of US companies, then partially passed on to consumers, who now bear about half of the losses. Overall, the tariffs are estimated to have contributed slightly more than 0.5 percentage points to US inflation."ECB Governing Council member Panetta: Inflation risks may exist in both directions.ECB Governing Council member Panetta: Italys economy grew by 0.7% in 2025.ECB Governing Council member Panetta: Monetary policy must remain flexible.

The SEC and the Fed Hold the Key to ETH's Return to $1,600

Daniel Rogers

Feb 14, 2023 14:41

 截屏2023-02-14 下午2.34.13.png

 

On Sunday, Ethereum (ETH) declined by 1.56%. ETH closed the week down 7.00% at $1,515, somewhat offsetting a 1.72% gain on Saturday. Since January 14, ETH has fallen below $1,500 twice.

 

After a range-bound morning, ETH reached a high of $1,548 in the late afternoon. ETH reached a late low of $1,494 after failing to surpass the First Major Resistance Level (R1) at $1,554. ETH dropped below the First Major Support Level (S1) at $1,515 and closed the day at that price.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k 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.

 

Bitcoin (BTC) decreased by 0.32% on Sunday. BTC closed the week at $21,796 down 4.94%, somewhat offsetting a 1.04% gain from Saturday. BTC finished the day below $22,000 for the fourth session in a row and returned above $22,000 for the first time in three sessions.

 

After a mixed morning session, BTC reached a high of $22,096 in the late afternoon. BTC reached a late-day low of $21,666 after failing to surpass the First Major Resistance Level (R1) at $21,977. Before closing the day at $21,796, BTC momentarily breached the First Major Support Level (S1) at $21,684.