EUR/USD 1.15279
-0.026%
Gold 4064.30
0.331%
Oil 78.106
-6.054%
USD/JPY 156.733
-1.535%
GBP/USD 1.34623
-0.102%
GBP/JPY 211.003
-1.635%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 3rd, Morgan Stanley issued a research report stating that Xiaomi Group (01810.HK) will announce its second-quarter results on August 18th. The report anticipates strong smartphone shipments and gross margin performance, with total quarterly revenue expected to exceed RMB 100 billion and recurring net profit margin reaching approximately RMB 6 billion. According to the latest data from Omdia, Xiaomis second-quarter smartphone shipments reached 31.2 million units, 15% higher than the banks forecast. Benefiting from record-high average selling prices and resilient shipment volumes, the bank expects smartphone gross margins to remain above 8% in the second quarter, primarily reflecting the pass-through effect of rising costs. The bank maintains its "Overweight" rating on Xiaomi with a target price of HKD 32.On August 3rd, it was reported that Lingbo Technology, a embodied intelligence company under Ant Group, has launched its first round of financing, aiming to raise 1.5 billion yuan. The company aims to complete its second round of financing by the end of this year. If completed as scheduled, this financing will break records for the fastest fundraising speed among startups in the embodied intelligence field. Lingbos publicly displayed roadmap over the past year is a globally rare comprehensive layout: Vision, Depth, Mapping, Video, WorldModel, VA, and VLA, covering almost the entire brain chain of robot perception, understanding, and action.Switzerlands July CPI monthly rate will be released in ten minutes.Kia Motors: Global vehicle sales in July reached 298,037 units, up 13.4% year-on-year.Germanys real retail sales fell 1.1% month-on-month in June, compared with a forecast of -0.1% and a revised figure of 1.00% for the previous month (originally 1.10%).

The BTC Fear & Greed Index Increases to 28/100. Despite NASDAQ Pressure

Daniel Rogers

Nov 28, 2022 14:40

截屏2022-11-28 下午2.34.32.png

 

Bitcoin (BTC) declined by 0.15% on Sunday. BTC concluded the day at $16,435 following a 0.36% decline on Saturday. Notably, Bitcoin's price remained above $16,000 for the fifth straight day while the losing skid reached four sessions.

 

BTC reached a daily high of $16,603 after a bullish start to the day. BTC reached a late-day low of $16,410 after failing to surpass the First Major Resistance Level (R1) at $16,642. BTC ended the day at $16,435, avoiding the First Major Support Level (S1) at $16,335, albeit avoiding it.

 

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.

 

Following the conclusion of the US Thanksgiving holiday, there were no crypto-related news headlines to provide guidance. The trading volume remained low, with investors presumably adopting a wait-and-see stance about FTX and more contagion.

 

In recent sessions, investor opinion regarding FTX contagion has improved, preventing a relapse to sub-$16,000. Bets on a Fed turnaround in December have also been beneficial, while regulatory risk will continue to be a drag for cryptocurrencies.

 

This week, it will be necessary to observe the bankruptcy processes of FTX. More assets to make creditors whole would be seen favorably by the market.

 

Currently, there are no US economic indicators that can influence the NASDAQ Composite Index, leaving it to Fed gossip. Today, FOMC member Williams will talk. Support for a 50-basis point rate hike would give support for the NASDAQ and BTC.

 

However, the NASDAQ mini opened the week in the red (-83 points), as concerns over a new wave of COVID-19 cases in China weighed on investor sentiment.


Suggestion