\ud83d\udcca Asia-Pacific Markets
Asian indices show mixed trends today:
\ud83d\udcc8 Chinese indexes are up 1.70\u20132.00%.
\ud83d\udcc9 Japanese Nikkei 225 has dropped 0.60% to 39,000 points.
\ud83d\udcc9 Singapore\u2019s SG20cash contracts are down 0.50%.
\ud83d\udcc9 Australia\u2019s AU200.cash index is trading 0.60%\u00a0lower.<\/p>\n
\ud83d\udcb1 Forex Highlights
Top gainers this morning:
\ud83d\udfe2 NZD & AUD: +0.3\u20130.5%.
\ud83d\udd35 Modest gains for JPY & USD: +0.2\u20130.4%.<\/p>\n
\ud83c\udfe6 Reserve Bank of India\u00a0(RBI)<\/p>\n
\ud83d\uded1 Held key policy rate at 6.50% (unchanged).
\ud83d\udd3b Cut Cash Reserve Ratio (CRR) by 50 bps to 4.0% to improve liquidity.
\ud83d\udcc9 Revised India\u2019s FY25 GDP growth forecast to 6.6% (previously 7.2%).
\ud83d\udcc9 Japan: Household spending declined by -1.3% YoY in October (better than expected).<\/p>\n
\ud83d\udcc8 Commodities<\/p>\n
Gold: +0.30% to $2,630\/oz.
Silver: +0.10% to $31.30\/oz.
Oil (WTI): -0.15% to $68.35\/barrel.
\ud83d\udccb Key Data Today
\ud83d\udd51 US NFP Report at 2:30 PM\u200a\u2014\u200awatch for labour market\u00a0trends!<\/p>\n
\ud83e\udd16 Tech & Crypto\u00a0News<\/p>\n
David Sacks, early PayPal exec & Musk ally, joins Trump to lead efforts in AI & crypto technologies.
South Korea: Tensions rise as impeachment discussions swirl around President Yoon Suk Yeol over martial law controversy.
\ud83d\udcb0 Cryptocurrency Update<\/p>\n
\ud83d\udfe9 Bitcoin: +1.00% to $98,000, rebounding after a late dip to $97,000.
\ud83d\udfe9 Ethereum: +3.25% to $3,900.
Stay tuned for more updates!\u00a0\ud83d\ude80<\/p>\n
\ud83c\udf05 Morning Update (06.12.2024)<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" \ud83d\udcca Asia-Pacific MarketsAsian indices show mixed trends today:\ud83d\udcc8 Chinese indexes are up 1.70\u20132.00%.\ud83d\udcc9 Japanese Nikkei 225 has dropped 0.60% to 39,000 points.\ud83d\udcc9 Singapore\u2019s SG20cash contracts are down 0.50%.\ud83d\udcc9 Australia\u2019s AU200.cash index is trading 0.60%\u00a0lower. \ud83d\udcb1 Forex HighlightsTop gainers this morning:\ud83d\udfe2 NZD & AUD: +0.3\u20130.5%.\ud83d\udd35 Modest gains for JPY & USD: +0.2\u20130.4%. \ud83c\udfe6 Reserve Bank of […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-26309","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26309"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26309"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26309\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}