The Opening Belle - Herd Immunity Hopes Get A Boost

"Overall, the manufacturing and services industries continued to recover in January, but the momentum of both supply and demand weakened, dragged by subdued overseas demand" - Dr. Wang Zhe, Senior Economist at Caixin Insight Group

“As an exchange that avoids the conflict of interest of making markets against its own participants, the partnership with GSR is key to growing the depth and liquidity in all our trading pairs.

GSR are one of the largest market makers in crypto and crypto derivatives, so longer term the partnership will evolve more broadly into liquidity provision around key offerings like options, structured products and borrowing and lending.

“Since the launch of our BTC Perpetual product, we have seen a meaningful increase in activity on EQUOS, with overall volumes increasing over 2.5 times on an average daily basis, compared to December levels.

We anticipate that with GSR onboard and the additional depth they will bring to our books, we will continue to see volumes increase meaningfully as liquidity and spreads improve.”

 Only one week left to enter the Lunar New Year trading competition... Don't miss out on your share of the prize pools. https://t.co/ZRekskwyDf— EQUOS (@EQUOS_io) February 2, 2021 

Italian President Sergio Mattarella looks set to ask former European Central Bank chief Mario Draghi to form a government of national unity to tackle the twin coronavirus and economic crises battering the country.

The head of state has summoned Draghi for talks on Wednesday at noon (1100 GMT) after hearing that efforts to salvage the collapsed coalition of Prime Minister Giuseppe Conte had failed.

“I have a duty to appeal to all political forces (to support) a high-profile government,” Mattarella told reporters, ruling out the only other possibility, early elections, as ill-advised given the array of challenges facing Italy.

Italy’s anti-establishment 5-Star Movement, the largest group in parliament, will not back a new government led by former ECB president Mario Draghi

Shares in Kia, an affiliate of Hyundai Motor Co, jumped as much as 14.5% to hit its highest since 1997 at 102,000 won, as local media report that the carmaker will sign a 4 trillion won ($3.59 billion) deal with Apple Inc to build electric vehicles...

South Korea’s online news outlet DongA.com reported that Apple would invest $3.6 billion in Kia as they collaborate to produce Apple’s electric vehicles in Kia’s Georgia plant, without citing any sources. The report said the deal would be signed on Feb. 17.

Apple will aim to produce 100,000 vehicles annually by 2024 at the Kia plant, the report said, aiming to expand that annual capacity to 400,000 at a later stage.

 Besides significantly lower fees, the core @Utrust advantages are:

- Zero chargebacks losses ✔️

- Zero locked funds for flagged card payments ✔️

- True borderless coverage ✔️

- Fast settlements ✔️

Keep it simple 👍 pic.twitter.com/2IIfYtkyMq— Nuno (@nunocor_) January 12, 2021