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Supermicro Computer (SMCI.O) announced a collaboration with numerous industry partners to launch a smart store retail solution.Israeli Prime Minister Netanyahu: Israel is closely monitoring the situation in Iran and hopes that the country will soon be free from "tyranny".1. Monday: ① Data: Swiss December Consumer Confidence Index; Eurozone January Sentix Investor Confidence Index; China December M2 Money Supply Annual Rate; ② Event: G7 Finance Ministers Meeting; ③ Holiday: CME Groups US Treasury futures contracts will resume trading at 15:00 Beijing time due to Coming of Age Day in Japan; Tokyo Stock Exchange will be closed for Coming of Age Day. 2. Tuesday: ① Data: US 10-year Treasury auction winning rate and bid-to-cover ratio up to January 12; Japans November trade balance; US December NFIB small business confidence index; US December unadjusted CPI year-on-year rate, US December seasonally adjusted CPI month-on-month rate, US December seasonally adjusted core CPI month-on-month rate, US December unadjusted core CPI year-on-year rate; US October new home sales annualized data; ② Events: Speeches by Fed officials Williams, Bostic, and Musalaim; South Korean President Lee Jae-myung visits Japan and holds a summit with Japanese Prime Minister Sanae Takaichi, until January 14; ③ Earnings reports: JPMorgan Chase (JPM.N). 3. Wednesday: ① Data: US weekly API crude oil inventories; US November retail sales month-on-month, US November PPI year-on-year, US November PPI month-on-month, US Q3 current account; US October business inventories month-on-month; US December existing home sales annualized data; US weekly EIA crude oil inventories, weekly EIA Cushing, Oklahoma crude oil inventories, weekly EIA strategic petroleum reserves; China December trade balance, China December trade balance in USD; ② Events: EIA releases monthly Short-Term Energy Outlook report; Speeches by 2026 FOMC voting members, Philadelphia Fed President Paulson, Fed Governor Milan, etc.; OPEC releases monthly oil market report; ③ Earnings reports: Bank of America (BAC.N), Citigroup (CN), Wells Fargo (WFC.N). 4. Thursday: ① Data: UK November 3-month GDP (MoM), UK November Manufacturing Production (MoM), UK November Seasonally Adjusted Goods Trade Balance, UK November Industrial Production (MoM); France December CPI (Final) (MoM); Germany 2025 Full-Year GDP Growth; Eurozone November Seasonally Adjusted Trade Balance; Eurozone November Industrial Production (MoM); Canada November Wholesale Sales (MoM); US Initial Jobless Claims for the Week Ending January 10, US January New York Fed Manufacturing Index, US January Philadelphia Fed Manufacturing Index, US November Import Price Index (MoM); US Weekly EIA Natural Gas Storage; ② Events: Federal Reserve releases Beige Book; 2026 FOMC voting member and Minneapolis Fed President Kashkari... FOMC permanent voting member and New York Fed President Williams, among others, delivers speeches; the European Central Bank releases its economic bulletin; the Bank of Korea announces its interest rate decision; the US and Japanese defense ministers hold a summit in Washington; ③ Earnings reports: Morgan Stanley (MS.N), Goldman Sachs (GS.N), BlackRock (BLK.N). 5. Friday: ① Data: Germanys final December CPI month-on-month rate; US December industrial production month-on-month rate; US January NAHB housing market index; ② Event: 2027 FOMC voting member and Richmond Fed President Barkin speaks on Virginias economic outlook. 6. Saturday: ① Data: US weekly total number of oil rigs. ② Event: Fed Vice Chairman Jefferson delivers a speech; Italian Prime Minister Meloni visits South Korea from January 17th to 19th.The Ukrainian military stated that it struck three drilling platforms belonging to Russias Lukoil company in the Caspian Sea.On January 11, Iranian President Pezechzian stated in a televised interview that the government endorses peaceful protests and considers dialogue with protesters its duty, expressing its willingness to meet with all protest groups in the country. Pezechzian stated that despite facing various sanctions, the government will overcome these crises, but opposes violence and "premeditated murder."

Bitcoin Falls 7.2% to $28,758

Skylar Shaw

May 12, 2022 09:58

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At 22:05 GMT on Wednesday, bitcoin was down 7.23 percent to $28,758.29, a loss of $2,241.68 from its previous closing.


Bitcoin, the world's most popular cryptocurrency, is down 40.4 percent from its all-time high of $48,234 on March 28.


On Wednesday, the cryptocurrency tied to the Ethereum blockchain network, fell 11.56 percent to $2,071.46, a loss of $270.66 from its previous closing.