ASX futures lower, Fed decision awaited, bitcoin tops $US18,000

Brisbane-based crypto exchange Swyftx is heavily exposed to the world’s biggest crypto exchange Binance, whose top executives could face prosecution in the US for money laundering and sanction busting.Magellan wants to move on from being a founder-led company, the chairman told shareholders who overwhelmingly approved a proposal to more than double directors’ fees.Local: MI consumer inflation expectations December at 11am AEDT, Labour force November at 11.

At least 32 SPACs holding roughly $US18 billion are looking to close up shop and return capital over the coming two and a half weeks, data compiled by Bloomberg show.Delta Air Lines became the latest carrier to hint at a lacklustre December as it narrowed a revenue projection for the fourth quarter. It still sees strong results in 2023.

“But by its mid-March meeting, with three more CPI reports to hand, we think the Committee will be convinced that the headline rate is on track to fall back to 2 per cent in 2024 and thus will be prepared to stop its hiking cycle, with Bank Rate at 4.0 per cent.”In its December oil market update, the International Energy Agency said world oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with November’s update.

Source: Digital Coin News (digitalcoinnews.net)

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