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Iranian government spokesman: The Supreme National Security Council is managed by the president, and supporting the war is one of the important matters he frequently instructs on.On April 7th, ST Zhongzhu announced that its board of directors received a resignation report from Chairman Chen Xu on April 7th, 2026. Mr. Chen Xu resigned from his positions as chairman and legal representative of the company due to work adjustments. After his resignation, Mr. Chen Xu will continue to serve as a director of the companys tenth board of directors and a member of relevant special committees. According to the relevant provisions of the "Company Law" and the "Articles of Association," Mr. Chen Xus resignation as chairman did not result in the number of board members falling below the statutory minimum. His resignation report took effect from the date it was delivered to the board of directors, and Mr. Chen Xus departure will not affect the normal operation and management of the company and its board of directors.On April 7, Premier Li Qiang signed a State Council decree promulgating the "Regulations of the State Council on the Security of Industrial and Supply Chains," which took effect on the date of promulgation. The State strengthens the security of industrial and supply chains in key sectors. Relevant departments of the State Council will formulate a list of key sectors and implement dynamic adjustments to maintain the stable and continuous operation of the production and circulation of raw materials, technologies, equipment, and products in key sectors. Relevant departments of the State Council will promote information sharing in key industrial and supply chains, strengthen information platform support, guide industries and enterprises to strengthen information interconnection and interoperability in key industrial and supply chains, and take effective measures to ensure data security. The State will establish and improve a monitoring and early warning system for security risks in key industrial and supply chains. Relevant departments of the State Council will organize and conduct assessments and monitoring of the stability of supply channels for raw materials, technologies, equipment, and products in key sectors and their impact on economic and social stability and national security, identify industrial and supply chain security risks, and promptly release early warning information.Goldman Sachs stated on Tuesday, April 7th, that technology stocks, including US stocks, appear cheap after a prolonged period of underperformance, creating potential entry opportunities for investors. "Weve witnessed one of the weakest periods of relative returns for the technology sector in 50 years," the company said. Multiple factors have contributed to the overall weakness of the technology sector since 2025, prompting investors to shift towards value stocks. These factors include the launch of DeepSeek, massive capital expenditures by US mega-corporations, and the disruptive impact of AI-driven software. These factors have provided opportunities for investors to enter the sector, which currently exhibits strong growth but low valuations. The valuation premium for US mega-corporations has declined and is now almost in line with other parts of the sector. Globally, the IT sectors price-to-earnings ratio is lower than that of the consumer discretionary, consumer staples, and industrial sectors. Goldman Sachs noted that despite the low valuations, the technology sectors earnings performance remains strong. Among the S&P 500 sectors, the market consensus is that the IT sectors Q1 earnings per share will grow by 44%, accounting for 87% of the indexs earnings per share growth.Petroleum LOF: Trading will be suspended from the opening of the market on April 8, 2026 until 10:30 on the same day, and will resume at 10:30 on April 8, 2026.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

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 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.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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