2021年12月5日 星期日

外管局:在大灣區等地提升跨境貿易投資自由化

信報財經新聞

中國國家外滙管理局副局長陸磊表示,在粵港澳大灣區等區域開放新高地上,要探索可複製可推廣的經驗做法,不斷提升跨境貿易投資自由化和便利化水平;積極穩妥擴大金融業對外開放,有序推進金融市場和金融基礎設施的互聯互通,實現更高水平的金融業對外開放。

《上海證券報》引述陸磊在國際金融論壇(IFF)全球年會上講話,稱當前中國的國家綜合國力、政策協調性、金融監管水平不斷提升,建設更高水平開放型經濟型體制,已具備相對完備的宏觀和微觀基礎。他指出,要在金融領域着力推動高質量發展,要統籌發展與安全、積極踐行綠色開放,並打造區域金融改革新高地來推動高水平對外開放。

陸磊強調,統籌好發展和安全是維護中國金融發展和安全利益的根本前提,堅持靈活精準的本外幣政策,加強財政產業監管政策之間的協調,推動金融市場規則國際接軌,建立與高水平對外開放相適應的現代金融監管體系,守住不發生系統性金融風險的底線。

他又提及,在新形勢下,大國經濟政策協調尤為重要,應該呼籲和倡導國際經濟金融政策協調,完善更有效的貨幣政策協商機制,尤其要關注主要發達經濟體的政策溢出問題,為新興市場和發展中國家爭取到更公平公正的國際環境。

2021年12月4日 星期六

比特幣一度急瀉約1萬美元

印度神童真係準.......

信報財經新聞

加密貨幣價格大幅波動,比特幣曾經在1小時內急瀉約1萬美元,一度跌至約4.2萬元水平。

據CoinDesk報價資料顯示,比特幣24小時低位報42019美元,最新仍挫15%,報47855美元;以太幣低位見3512美元,現仍挫約13%,報3963美元。

分析師表示,比特幣市場的大部分拋售壓力來自現金方面,高槓桿頭寸及衍生產品加劇了跌勢,而比特幣暴跌至4.2萬美元水平,主因是有衍生產品觸發止蝕。

www.zerohedge.com

The price of Bitcoin was rangebound on early Friday around the $56k handle. The world's largest cryptocurrency then spiked when the kneejerk read of the November payrolls came in as very disappointing, seen as postponing the Fed's plans to accelerate the taper but then began to decline during the US cash session to about $54k-$53k handle by late afternoon as the narrative flipflopped and near unanimous consensus emerged around a Fed announcement that Powell would announce a much faster taper on Dec 15 leading to rate lift off by June.

Then at midnight into the early hours of Saturday morning, during the traditionally illiquid Asian session when things normally go splat in the night for cryptos as one or more super levered Asian momentum chasers blow up, Bitcoin suffered a massive liquidation and crashed into a bear market down to the $42k level, tumbling into a bear market. Price has recovered some, now trading around $47k.

We noted that the action was that of a margined whale getting liquidated...

... an assessment Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore agreed with, telling Bloomberg the action overnight was leveraged buyers of Bitcoin being flushed out. 

"Markets have also been jittery with all the uncertainty around omicron, with cases now appearing in many countries," Ayyar said. "It's hard to say what that means for economies and markets and hence the uncertainty."

So far, Bitcoin has found support just below the 200dma. 

The plunge is just another sign of risk aversion sweeping across global markets as equities sink and fate havens soar. Spiking inflation is forcing central banks to tighten monetary policy, reducing liquidity for risk assets. However, as we first pointed out yesterday, we are now at the point where the market is starting to price in the first future rate cut - sometime in 2023-2024 - resulting from the Fed's overtightening cycle.

The omicron variant of COVID-19 has also compounded risk aversion as it derails the global economic reopening. 

Today's global cryptocurrency market cap is $2.28 Trillion, down 17.5% in the last 24 hours. Total cryptocurrency trading volume in the last day is at $236 billion. Bitcoin's market cap of all crypto is 38.68%.

That said, El Salvador President Nayib Bukele is using the dip to buy even more Bitcoin.