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January 17th - On January 17th, Carrot Express and UAE-based autonomous mobility company AutoGo announced the official launch of fully driverless commercial operations for the public in Abu Dhabi. Starting immediately, local residents and tourists can hail Carrot Expresss fully driverless vehicles through the AutoGo App. This marks Carrot Expresss first overseas launch of a fully driverless mobility service for the public, signifying a crucial step forward in the commercialization and internationalization of Chinese autonomous driving technology.The Iraqi National Oil Marketing Organization (SOMO) estimates that Iraqs monthly revenue from Kurdistan oil is approximately $400 million.On January 17, the Russian Ministry of Defense announced that Russian forces had struck energy and transportation infrastructure used by the Ukrainian army, as well as temporary deployment sites of the Ukrainian armed forces and foreign mercenaries. The Ministry stated, "The tactical aviation, attack drone, missile, and artillery units of the Russian Armed Forces struck energy and transportation infrastructure used by the Ukrainian army, ammunition depots, assembly workshops, storage points, pre-flight preparation and launch sites for long-range drones, and temporary deployment sites of the Ukrainian armed forces and foreign mercenaries in 167 regions."On January 17th, Turkish Energy Minister Baghtadal stated in a media interview that Turkey plans to resume natural gas imports from Turkmenistan in 2026 and increase purchase volumes. He indicated that 2026 is a crucial year for Turkeys liquefied natural gas (LNG) supply, as the country has already signed long-term LNG supply contracts with countries including the United States. "These are long-term contracts covering 2027 to the 1930s and 1940s. The work on signing LNG contracts will continue in 2026. Therefore, when we find suitable resources and inexpensive LNG, relevant agreements will be reached. We plan to review the agreement with Algeria and extend its term, while also assessing alternative resources."Iraqs State Oil Marketing Organization (SOMO) reports that Iraqs crude oil exports have averaged 3.6 million barrels per day so far in January.

Despite Bearish BTC Session, BTC Fear & Greed Index Avoids Sub-30

Daniel Rogers

Nov 08, 2022 16:18

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Bitcoin (BTC) declined by 1.54% on Monday to end the day below $21,000 for the second consecutive session. BTC and the broader market dissociated from the NASDAQ Composite Index, as crypto investors await the US CPI report this week. The Bitcoin Fear & Greed Index decreased from 33/100 to 31/100 as the bearish BTC session weighed on the index.

 

Bitcoin (BTC) decreased by 1.54% on Monday. Sunday's closing BTC price was $20,609, following a 1.79% fall. Notably, Bitcoin closed the day for the second consecutive session below $21,000.

 

BTC reached a day's early high of $21,083 despite a shaky start. BTC reached a late-day low of $20,421 after failing to surpass the First Major Resistance Level (R1) at $21,240. Before partially recovering to $20,609, BTC fell through the First Major Support Level (S1) at $20,762 and the Second Major Support Level (S2) at $20,592.

 

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.

 

A lackluster economic calendar in the United States hindered BTC. This week, US inflation, retail sales, and consumer sentiment data will impact market sentiment towards the US economy and a December Fed turn.

 

However, the NASDAQ Composite Index increased by 0.85% on Monday, as optimism surrounding the US midterm elections provided support. Later today, the US economic calendar will feature another day of inactivity, leaving investors in suspense as the attention remains on the midterm elections. The NASDAQ mini was up 15.5 points this morning.