EUR/USD 1.13245
0.096%
Gold 3364.27
0.908%
Oil 57.802
1.473%
USD/JPY 143.694
-0.006%
GBP/USD 1.33020
0.047%
GBP/JPY 191.143
0.081%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
News on May 6th, recently, FOF issuance has once again seen a "small hit". Including the previous two cases, there have been three "small hits" of FOF since April. There are both channel boosting factors and market recovery factors. In the first quarter, the number of newly issued FOFs increased by 166.67% month-on-month, and the scale of fundraising increased by 1346.12% month-on-month. As of the end of the first quarter, the total scale of individual pension Y share funds exceeded the "10 billion" mark for the first time. From what the reporter has learned recently, the personal pension business of some financial institutions has operational flaws in terms of handling procedures and information systems, and there have been situations such as "no information on retirees can be found, and retirees cannot withdraw the balance of their personal pension accounts". This means that the quality of work of relevant institutions in exchanging personal pension data needs to be improved.On May 6, market research firm Counterpoint Research estimated that global XR headset screen shipments will increase by 6% year-on-year in 2025, among which AR glasses shipments will increase significantly by 42%, far exceeding VR devices (2.5%), becoming the fastest growing segment.On May 6, the Office of the Commander-in-Chief of the Myanmar Defense Forces issued a notice announcing the extension of the temporary ceasefire from May 6 to May 31. The notice stated that the Myanmar Defense Forces continued to extend the temporary ceasefire in order to fully promote disaster relief and reconstruction, safeguard national interests, and help establish lasting, real peace and national stability.On May 6, IG market strategist Yeap Jun Rong said: "Gold prices started the week with a strong rise as investors returned to safe-haven assets to hedge portfolio volatility caused by tariff concerns reignited by US President Donald Trump. Any dovish signal from the Federal Reserve is likely to provide further support for gold and strengthen its overall upward momentum."On May 6, Goldman Sachs published a research report stating that Standard Chartered Group (02888.HK)s first quarter profit exceeded expectations by 17%; net interest income (NII) was in line with expectations; pre-tax profit was 5% higher than market expectations; credit impairment was 7% lower than market forecasts; pre-tax profit (PBT) was 10% higher than market forecasts; basic return rate (ROTE) reached 16.4%, 300 basis points higher than market forecasts; core tier 1 capital ratio (CET1%) was in line with expectations. Goldman Sachs raised Standard Chartereds earnings per share forecast for fiscal year 2025 by 6%; the forecasts for fiscal years 2026 to 2028 were raised by 2%, 2% and 1% respectively, and the target price for H shares was set at HK$111, with a neutral rating.

DOGE Requires Weak US Inflation, and Elon Musk Will Return to $0.10

Alina Haynes

Dec 09, 2022 15:16

dogecoin-6363104__480.jpg

 

It has been a mixed beginning to the day. Today's attitude will be influenced by investor anxiety regarding Twitter's integration intentions and Federal Reserve monetary policy.

 

On Thursday, dogecoin (DOGE) appreciated by 2.92 percent. DOGE concluded the day at $0.0986, partially reversing Wednesday's 4.49% decline. Notably, for the first time in 12 sessions, DOGE failed to revisit $0.10.

 

After a rocky start to the day, DOGE dropped to a low of $0.0948 in the early hours. DOGE surged over the First Major Support Level (S1) at $0.0921 to reach a late-day high of $0.0991. DOGE ended the day below $0.0990 after failing to surpass the First Major Resistance Level (R1) at $0.1004

 

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 Thursday, Shiba inu coin (SHIB) appreciated by 1.98%. SHIB finished the day at $0.00000927, partially reversing Wednesday's loss of 2.15%.

 

A mixed morning caused SHIB to drop to an early low of $0.0000009 per share. SHIB surged to a late-day high of $0.00000933 after avoiding the First Major Support Level (S1) at $0.00000891. Upon encountering the First Major Resistance Level (R1) at $0.00000932, SHIB retreated to close below $0.00000930.

 

Following a volatile morning session, economic indices in the United States provided much-needed support. A slight increase in unemployment claims bolstered the likelihood of a December Fed reversal. The Jobs Report from last week increased uncertainties regarding the next policy step.

 

The NASDAQ Composite Index increased by 1.13 percent, providing support for DOGE and SHIB.

 

The day's gains were capped by the absence of an update from Elon Musk on his plans to resume integrating DOGE onto the Twitter network.

 

Today, the attention will continue on the US economic calendar, as wholesale inflation and consumer confidence are forthcoming. A sudden increase in wholesale inflation might cast doubt on the Fed's pivot theory and cause DOGE and SHIB to reverse.


Suggestion