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Philippine central bank: Still dovish, but the intensity has weakened compared with before.Germanys DAX30 index opened up 102.99 points, or 0.43%, to 24,156.50 points on August 28 (Thursday); the UKs FTSE 100 index opened up 10.75 points, or 0.12%, to 9,266.25 points on August 28 (Thursday); Frances CAC40 index opened up 29.49 points, or 0.38%, to 7,773.42 points on August 28 (Thursday); the Euro Stoxx 50 index opened up 18.93 points, or 0.35%, to 5,412.00 points on August 28 (Thursday); Spains IBEX35 index opened up 34.30 points, or 0.23%, to 15,059.50 points on August 28 (Thursday); Italys FTSE MIB index opened up 82.59 points, or 0.20%, to 42,432.00 points on August 28 (Thursday).Switzerlands GDP grew at an annual rate of 1.2% in the second quarter, in line with expectations of 1.4% and the previous reading of 2.00%.Switzerlands GDP quarterly rate in the second quarter was 0.1%, in line with expectations and the previous value of 0.50%.On August 28th, Panson Macro analysts said in a report that they expect the Bank of England to slow the pace of quantitative tightening to £70 billion over the 12 months starting in October, from the current £100 billion. The Bank of England noted the impact of quantitative tightening on the UK gilt market at its August policy meeting. The economists said: "This suggests that the UK government is increasingly concerned about the surge in yields." They said that due to concerns about the impact of quantitative tightening on the UK gilt market, the Bank of England may reduce the program.

BTC Fear & Greed Index Avoids Extreme Fear as BTC Moves Sideways

Skylar Shaw

Dec 27, 2022 12:06

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Bitcoin (BTC) decreased by 0.10% on Sunday. BTC concluded the week up 0.55% at $16,847, partially offsetting a Saturday rise of 0.37%. Notably, BTC saw red for the sixth session in a row and failed to reach $17,000 for the fifth session in a row.


BTC reached a morning high of $16,874 after a volatile start to the day. BTC declined to a low of $16,723 in the early afternoon after failing to pass the First Major Resistance Level (R1) at $16,903. Before making a late comeback to finish the day at $16,847, BTC dropped through the First Major Support Level (S1) at $16,814 and the Second Major Support Level (S2) at $16,863.