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Month: December 2022

Cryptocurrencies

Markets Directionless, CAD Awaits BoC

Overall, the markets continue to trade in a mixed manner. US stocks declined for a second day overnight, but the selloff didn’t continue in Asia. Sentiment is somewhat supported by optimism of easing restrictions in Read more…

By , 3 years ago December 7, 2022
Android

Oppo’s first flip phone could beat the Galaxy Z Flip 4 in several ways

Credit: Weibo The Oppo Find N2 Flip’s apparent specs have leaked online. Expect a Dimensity 9000 Plus chipset, a 4,300mAh battery, and 44W charging. The phone is also tipped to arrive in global markets in Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

CAD/JPY struggling at 100, eyes on BoC hike

BoC is widely expected to continue with tightening today. But opinion on the size of the rate hike is split, with odds slightly in favor to 50 than 25. The main question, though, is not Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

Australia AiG services fell to 45.6, deepening contraction

Australia AiG Performance of Services dropped -2.1 pts to 45.6 in November, signaling contraction for a third month. Sales rose 1.5 to 42.8. Employment dropped -6.1 to 47.8. New orders dropped -4.8 to 49.7. Input Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

Australia GDP grew 0.6% qoq in Q3, terms of trade deteriorated

Australia GDP grew 0.6% qoq in Q3, below expectation of 0.7% qoq. Household spending rose 1.1%, contributing 0.6% to GDP. Compensation of employees increased 3.2%, the strongest rise since December quarter 2006. Net trade detracted Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

BoJ Nakamura: Inflation not accompanied by wage increases yet

BoJ board member Toyoaki Nakamura said, “recent price rises aren’t accompanied by wage increases yet”. He added that Japan is far from the situation where wage inflation spiral becomes a concern. The central bank needs Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

Gold Price Dips Remain Attractive To The Bulls

Key Highlights Gold price started a downside correction from the $1,810 zone. A major bullish trend line is forming with support near $1,758 on the 4-hours chart. Crude oil price gained bearish momentum and declined Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

First Impressions: Australian Q3 GDP

Australian economy expands by 0.6%, a little softer than expected. The impacts of high inflation and higher interest rates are becoming apparent – notably, the real estate sector on lower turnover subtracted 0.2ppts from activity Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

Disney Theme Park Closing Iconic Ride for Something New

Disneyland’s iconic adventure attraction is closing. Walt Disney Company is always working to stay on top and relevant, but sometimes that means that it needs to close down a ride or an attraction even if its popular. Read more…

By , 3 years ago December 7, 2022
Cryptocurrencies

The Way Facebook Handles Notables Like Trump Could Change

The company’s own body, created to make rulings on delicate matters, has published a report concluding that “significant” action needs to be taken when reviewing content from high profile users. Billions of content pieces are Read more…

By , 3 years ago December 7, 2022

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