2 January 2023,05:15
Weekly Outlook
2 January 2023, 05:15
North Korea has launched a record number of missile tests in 2022, far outnumbering previous recorded years at a total of 90 missiles fired – compared to 2021’s 8 missiles. Meanwhile, North Korean leader Kim Jung Un has ordered an ‘exponential’ increase in the size of the country’s nuclear arsenal in the new year, in response to what he has called increased U.S. hostility. This was announced at a 6-day meeting to announce new state objectives, which included the launch of North Korea’s first military reconnaissance satellite.
China’s sudden relaxation of its pandemic curbs has seen a mounting surge of cases in the country, even as it reopens its economy and both in- and outbound travel. Based on UK agency Airfinity’s forecasts, the country will see 3.7 million cases daily for January in 2023. Countries including the US, India, South Korea, Spain, and Israel have announced tighter rules for travellers inbound from China. Elsewhere, the US has reported that the new XBB.1.5 strain might potentially cause a surge in the country, thanks to the variant’s resistance to antibodies. A chief concern of health officials worldwide is further mutations of the virus.
Taiwan Semiconductor Manufacturing Co. has started large-scale production on next generation 3-nanometer chips, which will be used in the future Apple devices like the iPhone. The chips are more powerful, yet consume less energy compared to the current 5nm chips, while increasing logic density. This puts the Taiwanese MNC behind Samsung, while ahead of Intel in the area of 3nm chip production.
Trade forex, indices, cryptocurrencies, and more at industry-low spreads and lightning-fast execution.
8 December 2023, 01:37 Economists Anticipate The Fed To Keep Rates Steady In December
4 December 2023, 03:20 Nonfarm Payrolls Forecasted At 175K Increase
24 November 2023, 02:43 Anticipation Of RBNZ Holding High Rates
Disclaimer: This website exclusively provides proprietary trading services. We do not engage in any regulated activities, offer investment management services, or manage funds on behalf of external clients. Our trading activities are conducted solely with the firm's own capital, and we do not accept client deposits or manage client accounts. It's important to note that none of the services we provide should be construed as investment or financial services in accordance with applicable laws.
This website offers services related to professional skill and experience assessment, which determine your eligibility to trade with the firm's capital. The outcome of these services is inherently determined by your individual skill level and ability to perform within the trading requirements and objectives outlined for each service separately. Clients are strongly advised to thoroughly understand the requirements of the services before signing up for any.
The content provided on this website is for informational purposes only and does not constitute financial, investment, or trading advice. The information presented is based on sources believed to be reliable, but we do not guarantee its accuracy, completeness, or timeliness. We disclaim any liability for any loss or damage arising directly or indirectly from the use of or reliance on the information provided on this website.
This website is not directed to residents of certain jurisdictions such as the United States, Singapore, Australia, China, Pakistan and some other specified regions, and is not intended for distribution to, or use by, any person in any countries or jurisdictions where such distribution or use would be contrary to local law or regulation.
