• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Israeli military says that since the start of the war, Iran has launched more than 400 ballistic missiles at Israel, 92% of which have been intercepted.On March 22, local time, Israeli Prime Minister Benjamin Netanyahu stated in the southern city of Arad that Israel is responding to Iranian attacks, but not targeting civilians. Netanyahu indicated that Israels targets are the current Iranian regime and the Islamic Revolutionary Guard Corps (IRGC), and the Israeli military will directly strike the IRGCs leaders, as well as their infrastructure and economic assets.On March 22, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with a delegation from the US-China Business Council in Beijing. He Lifeng stated that the China-US relationship is the most important bilateral relationship in the world today. He expressed hope that the US-China Business Council would continue to play its role as a bridge, promoting friendly exchanges and the steady and healthy development of China-US economic and trade relations. He also hoped that American companies would fully seize the opportunities presented by Chinas development, make good use of the potential of the Chinese market, and inject more stability and positive energy into China-US economic and trade relations.On March 22, Australian Climate Change and Energy Minister Chris Bowen announced that six fuel ships scheduled to arrive in Australia next month have had their voyages cancelled or postponed due to the Middle East conflict. In an interview with the Australian Broadcasting Corporation (ABC), Bowen stated that the six ships, originating from Malaysia, Singapore, and South Korea, were originally scheduled to arrive next month. He said that against the backdrop of the Middle East conflict, Australias fuel supply will experience "some fluctuations," and the government will "work with refiners and importers to mitigate the impact as much as possible." Bowen also stated that Australias current fuel reserves are slightly higher than pre-crisis levels, with gasoline reserves estimated at approximately 38 days and diesel and jet fuel reserves at approximately 30 days. Bowen ruled out the possibility of implementing fuel rationing measures in the short term.Israeli Prime Minister Netanyahu: Its time to get other world leaders into our war.

Daily Cryptocurrency Market Highlights - SOL Contradicted a Bullish Top Ten Trend

Daniel Rogers

Oct 24, 2022 15:57

 截屏2022-10-24 下午3.16.32.png

 

The top 10 cryptocurrencies had a mixed Saturday session, with solana (SOL) breaking the trend. Friday's less hawkish FOMC member talk continued to give support for the overall market despite the session's lack of volatility. The market capitalization of cryptocurrencies increased by $3.7 billion to $880,3 billion, lowering October's deficit to $26 billion.

 

The Saturday session for the top ten cryptocurrencies was mixed. Solana (SOL) defied the top ten trend, while Ethereum (ETH) and Ripple (XRP) led the way. Despite the positive session, Bitcoin failed to surpass $20,000 for the fifteenth straight day, avoiding a drop below $9,000 in the process.

 

Due to the absence of external market factors, investors were forced to evaluate FOMC member comments from Friday.

 

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.

 

Members of the Federal Open Market Committee (FOMC) are rumored to be discussing a lesser rate hike in December, which has bolstered hopes for an end to the aggressive inflation targeting policies.

 

Mary Daly, a FOMC member, stated on Friday that it is time to consider easing back, which should prevent a Fed-induced recession. Former Fed Chair and US Treasury Secretary Janet Yellen also made crypto-friendly remarks. Yellen observed no indications of inflation getting rooted in the U.S. economy.

 

The talk on Friday reduced the likelihood of a 75-basis-point rate hike in December. According to the FedWatch Tool, the chance of a 75-basis point rate hike in December has decreased from 75.4% on Thursday to 45.6%.

 

The lowering odds on a December hawkish move are crypto-positive. However, with the FOMC in its blackout period, Monday's economic data could bring uncertainty. The October PMIs for the US private sector will garner significant interest. Positive headline and subcomponent statistics could rekindle hopes for a 75-basis-point increase in December.

 

Earlier in the Monday session, China's Q3 GDP figures will also garner notice. However, we anticipate the NASDAQ 100 Mini to set the tone during the final hour of trading today (UTC). The decline in the likelihood of a December rate hike predicts a bullish start to the week.

 

After a Bullish Saturday, the Crypto Market Eyes its Third Straight Gain. The crypto market fell to a low of $872.4 billion in the early hours of the day due to a mixed start to the day. However, after finding support throughout the morning, the cryptocurrency market reached a high of $884,9 billion in the early afternoon before retreating.

 

Despite the decline, the crypto market increased by $3.7 billion to $880,3 billion by the end of the day. The crypto market lost $26 billion in October after a second consecutive increase.

 

While the start of the Sunday session is bearish, a third consecutive bullish session would be the first since September 12, the day before the August US CPI report.