Profits at China’s industrial firms grew 0.8% in the first quarter from the same period last year, reversing a 0.3% decline in the first two months. In March, total profits of industrial companies rose 2.6%, according to National Bureau of Statistics.
A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time.
Spot Bitcoin ETFs in the US saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks. On Friday, the 11 spot Bitcoin ETFs saw $380 million in inflows.
The last session saw the Bitcoin fall 0.3% against the Dollar. The Stochastic-RSI is giving a positive signal.
Support: 92102 | Resistance: 96845
The dollar staged a broad retreat, as investor gloom over the lack of progress toward defusing the U.S.-China trade war reasserted itself following an interlude of optimism the previous day.
Wall Street extended its rally with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes were higher.
Binance has introduced ‘Fund Accounts,’ a feature enabling portfolio managers to consolidate client assets into omnibus accounts. This move aims to simplify operations and enhance trading efficiency, marking a significant step in bridging traditional finance with crypto
