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On February 8th, the Fujian Provincial Committee of the Communist Party of China and the Fujian Provincial Peoples Government issued the "Implementation Opinions on Promoting High-Quality Urban Development," which proposes to enhance urban development momentum through city-specific policies. The document calls for promoting the expansion and upgrading of urban industrial parks, adhering to intelligent, green, and integrated development. It emphasizes consolidating and enhancing the pillar industry of manufacturing, and cultivating strategic emerging industry clusters such as optoelectronic information, integrated circuits, and new energy. It also calls for planning and constructing future industries, developing new productive forces according to local conditions. Furthermore, it promotes intelligent construction, cultivates a modern construction industry chain, and accelerates the transformation and upgrading of the construction industry. The document also encourages the active development of first-of-its-kind, silver-haired, low-altitude, cultural tourism, and marine economies, fostering new consumption scenarios and new business models. It supports Xiamen in carrying out pilot work for the construction of an internationalized consumption environment and accelerates the creation of distinctive cultural blocks, nighttime cultural and tourism consumption clusters, tourism and leisure blocks, and intangible cultural heritage characteristic blocks.February 8th - Voting began at 7:00 AM local time on February 8th for the Japanese House of Representatives election. Voting will conclude at 8:00 PM, except in some areas. The vote counting will then begin. This election involves contesting 465 seats in the House of Representatives, including 289 single-election seats and 176 proportional representation seats. The House of Representatives has a legally mandated four-year term, but under pressure from incumbent Prime Minister Sanae Takaichi, it was dissolved early on January 23rd, just one year and three months after the last election.Musk: Once solar power generation, robotics manufacturing, chip manufacturing, and AI form a closed loop, traditional currencies will become an obstacle. What really matters will be (power generation) capacity and output, not the US dollar.February 7th - US President Trump tweeted: "We need more competition to fight our enemies—the national television networks that spread fake news. Facilitating a good deal like Nexstar-Tegna will help combat fake news because it will bring more, higher-level, and more sophisticated competition. Those who oppose it dont fully understand the benefits for them, but they will in the future. Get this deal done!"February 7th - Ukrainian President Volodymyr Zelenskyy posted a message on the 7th local time, stating that he received a briefing from the Ukrainian negotiating team following their talks with the US and Russia. The Ukrainian negotiating team provided him with a detailed overview of the progress of the negotiations. He stated that Ukraine needs to achieve substantial results, and one of the most important foundations for a peaceful resolution is effective security guarantees.

Crypto Market Daily Highlights – The NASDAQ Delivers Final-Hour Support

Alice Wang

Dec 27, 2022 11:58

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The top ten cryptocurrency index had a choppy Monday session. While DOGE defied the trend, XRP was in the lead. Notably, BTC missed $17,000 for the sixth session in a row.


Due to the lack of cryptocurrency events and the slow news flow during the holidays, investors were left in the dark. However, news from the US supported the NASDAQ mini and cryptocurrency markets in the dying minutes (UTC).


In contrast to the predicted 7.1% gain, US retail sales rose by 7.6% between November 1 and December 24, according to Mastercard (MA). Retail sales increased by 8.5% from the same time in 2021. Even though the statistics were lower than in 2021, they were still strong enough to support risky investments.


Interest will be generated by US economic figures released today, including those on the housing industry and trade. However, the housing sector figures will probably have a bigger impact, barring a sharp increase in the US trade deficit.


Investors should also keep an eye on the headlines for any FOMC member chitchat and cryptocurrency-related developments that may shift the dial. The NASDAQ Index will probably provide guidance during the afternoon session following the holidays. The NASDAQ mini was up 82.25 points this morning.