📊 Asia-Pacific Markets
Indices show mixed sentiment today.
🇨🇳 China: No significant changes.
🇯🇵 Japan: Nikkei 225 down 0.44% to 39,900 points.
🇸🇬 Singapore: SG20cash futures losing 0.47%.
🇦🇺 Australia: AU200.cash down 0.16%.
💱 Forex Highlights
Winners: 🇳🇿 New Zealand Dollar & 🇦🇺 Australian Dollar (+0.3% to +0.5%).
Losers: 🇯🇵 Japanese Yen (-0.3% to -0.6%).
🏭 Japan’s Manufacturing Update
📉 Jibun Bank Manufacturing PMI for December: 49.6 (vs 49.5 expected).
Slower decline than November (49.0). Improved from preliminary data (49.4).
🏦 China’s Monetary Policy
🇨🇳 PBoC President Pan Gongsheng:
Current policy allows for further rate cuts but warns against aggressive actions due to yuan devaluation concerns.
Average reserve requirement ratio: 6.6%.
🕊️ U.S. News
Former U.S. President 🇺🇸 Jimmy Carter passed away at 100.
A National Day of Mourning may occur between January 3–7, affecting U.S. markets.
💬 ECB Update
🇪🇺 Austria’s Robert Holzmann: ECB may delay the next interest rate cut.
Reasons: Rising energy prices & euro depreciation concerns.
💹 Crypto Market Rebound
📈 Ethereum: +1.90%
🪙 Altcoins: +1.10%
₿ Bitcoin: Modest +0.10% to $93,700.
Bitcoin dominance drops to 57.70% (from 59.90% on Dec 20).
Stay informed and trade wisely with https://nordfx.com/! 💼✨
Morning Update (30.12.2024) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.