The Fed's monetary tightening pressure combined with the Omicron variant continues to weigh on the US stock market and also affect the recovery of the crypto market. Follow the crypto message board for details.
• The IMF believes that the US monetary policy should focus more on inflation risks.
• US job growth slows down; unemployment rate fell to 4.2%.
• The Fed is likely to start reducing bond purchases faster regardless of the number of jobs created.
• Biden signs the government funding bill into law, preventing a government shutdown.
• Fed President St. Louis wants to tighten policy faster, citing the 'inflation shock'.
• US Treasury told the new German government: Be bold, keep spending.
• IMF Managing Director said Omicron could slow down global economic growth.
• Fragma launches Metaverse with rewards and incentives for participation.
• SEC rejects WisdomTree's application for a Spot Bitcoin ETF.
• MercadoLibre plans to accept BTC and crypto payments for all products.
• US congressman calls for congressional action on cryptocurrencies.

The Omicron variant crushed the US stock market rally and also weighed on the crypto market rally. Follow the crypto message board for details.
• OPEC+ sees an increasingly serious oil surplus in Q1 2022.
• OECD says inflation is the main risk to economic outlook.
• The head of Eurogroup is confident that Omicron will not affect the economic recovery.
• The Norwegian Wealth Fund calls on companies to take concrete action to improve climate change.
• 'I am optimistic' about the growth trajectory, the Greek prime minister shared with Reuters.
• Developing countries need to take steps to limit the impact of local debt restructuring.
• EU reveals 300 billion euro answer to China's Belt and Road initiative.
• ECB governors consider delaying future stimulus plan when outlook becomes murky.
• The US economy is growing strongly as the manufacturing industry remains positive despite the supply shortage.
• BOJ seeks to minimize the cost of monetary easing.
• The US delayed the trade agreement with the UK because of post-Brexit concerns.

US stock markets rallied after a sell-off caused by a new virus variant, while crypto markets rallied. Follow the crypto message board for details.
• Food and fuel costs push Spain's inflation to a 29-year high.
• German inflation rose to 6% despite the ECB's continued conviction that it was temporary.
• Pending home sales in the US rebounded.
• Despite skepticism nuclear talks with Iran resumed with upbeat comments.
• The US commerce secretary said it was too early to know if Omicron would have an impact on the supply chain.
• France sees an opportunity to compromise with Germany on EU fiscal rules.
• US Cyber ​​Monday sales hit the highest $7 billion.
• Japan's industrial output increased for the first time in 4 months due to reduced supply for auto manufacturers.
• China's factory activity suddenly grew as some bottlenecks eased.
• Indian economy is likely to pick up in the third quarter before Omicron spreads.
• The BIS Innovation Center partners with the Fed to support digital asset analysis.

The new variant creates a fear of protection that permeates both the US stock market and the cryptocurrency market. Follow the crypto message board for details.
• Stocks benefiting from 'reopening' tumbles on fears of new variant of coronavirus.
• Shanghai restricts travel because of new COVID-19 cases.
• ECB ends emergency support in March despite new COVID threat.
• US bond funds saw their first weekly outflow in more than four months.
• Japan approves additional budget, worries about debt pile up.
• Euro area lending accelerated in October.
• Canadian house prices are poised to rise again despite central bank warnings.
• Governor of New York declares 'catastrophic emergency' due to high rate of COVID-19 infection.
• Flurry Finance deploys on Polygon after reaching TVL of $3 million just one month after launch.
• Multi-chain Hashrate Protocol MINE Network announces successful funding round of $2 million.
• Starting from zero TrueFi marks a successful year with $1 billion in loans

The US stock market, supported by technical groups, closed in the green. And the cryptocurrency market is currently showing signs of a short-term recovery. Follow the crypto message board for details.
• US economic growth was revised up to 2.1% in the third quarter.
• The US restricts exports to more than a dozen Chinese companies.
• US core capital goods orders increased sharply in October.
• US weekly unemployment rate hits 52-year low.
• The sentiment of the German business world became gloomy because of supply bottlenecks and the wave of COVID infections.
• US consumer spending increased strongly in October, inflation heated up again.
• San Francisco Fed President says she is ready to speed up the reduction in bond purchases.
• Germany's three-party coalition closes its eyes to the debt limit from 2023 and becomes open to EU reforms.
• The euro area should continue to support the economy in 2022, using EU funds for investment.
• Japan is expected to spend an additional 313 billion USD to the state budget, exceeding tax revenue.
• Valued at $9 billion, Pokemon Go creators build metaverse with fresh capital.

The spike in bond yields sent the US stock market down on news that Mr. Powell would continue his second term. But the cryptocurrency market is currently showing signs of a short-term recovery. Follow the crypto message board for details.
• The White House announced the decision to nominate Mr. Jerome Powell to continue his job.
• ECB should follow the plan to end pandemic trading in March.
• New York Fed survey shows that US consumer credit demand is back to pre-pandemic levels.
• Austria stops public activities when the fourth social isolation begins.
• Japan, India work to release oil reserves after US request.
• The US debt ceiling could be extended until January.
• The US imposes more sanctions related to the Nord Stream 2 gas pipeline.
• Indian and US officials seek to resolve trade issues.
• El Salvador is about to launch a $1 billion Bitcoin bond to build a Bitcoin city and buy more Bitcoins.
• Global cryptocurrency exchange Gate.io surpasses 8 million users.
• Citi Group appoints head of digital assets.

Before the epidemic, especially in Europe, the US stock market continued to decline despite the support from the technology securities group. On the contrary, the cryptocurrency market is currently showing signs of a short-term recovery. Follow the crypto message board for details.
• Argentina agreed on an economic plan with the IMF and then submitted it to the National Assembly.
• UK revised up business investment after data error.
• FDA approves booster dose injection of Pfizer/BioNTech, Moderna COVID-19.
• US House of Representatives passes Biden's $1.75 trillion social spending bill, sent to Senate.
• The BOE Chief Economist sees a growing possibility of a December rate hike, but no guarantees.
• The US and Taiwan will hold the second round of economic dialogue next week.
• Bank of Mexico is concerned about facing inflation.
• The IMF said that the Nigerian economy is likely to grow by 2.6%.
• Austria angered many with its complete shutdown when Germany warned it might follow suit.
• Funding platform Orica partners with NGOs to use NFTs to build schools in Uganda.

The US stock market dropped under heavy inflationary pressure. Cryptocurrency market shows signs of profit taking
The short-term is gradually forming a new equilibrium point. Follow the crypto message board for details.
• The trade ministers of the US, EU, and Japan agreed to extend the tripartite partnership.
• New York Fed President says debt market needs to be supported for next big shock.
• The ECB must be ready to act if inflation proves to be more sustainable.
• Canada's annual inflation rate hit an 18-year high and could continue to rise.
• Tensions over the auto industry, protectionism appear at the summit of North American leaders.
• The US House and Senate will negotiate on China's technology bill.
• The Staples Center in Los Angeles will be renamed Crypto.com Arena.
• The Largest Food Metaverse Project in the Blockchain Industry Receives $2 Million in Funding.
• Binance Smart Chain has record high daily transactions.
• Opulous (OPUL) surged 785% as fans showed interest in NFT audio products in the music industry.
• Former CFTC chairman said the US is not moving fast enough to develop CBDC.

The US stock market is under pressure from US government bond yields weighing on the technology sector. Market The crypto market is still showing signs of short-term profit taking. Follow the crypto message board for details.
• New York State manufacturing growth is forecast to pick up and drive prices up.
• China's industrial output, retail sales increase rapidly.
• The Japanese economy shrank more than expected due to a supply shortage.
• Ms. Lagarde continues to push back against rate hike bets.
• Australia's central bank sees inertia in wage-inflation growth, rejecting calls to raise interest rates in 2022.
• The Fed needs 'a few more months' to see a clear picture of inflation, labor market.
• BoE chairman says he is 'very upset' about inflation.
• Goldman Sachs thinks US core PCE will halve by the end of 2022.
• Austria imposes a ban on unvaccinated people as COVID cases increase across Europe.
• Mr. Biden signs the $1 trillion infrastructure bill into law.
• US coal prices hit 12-year high, threatening more electricity bill inflation.

Tech businesses continue to support the US stock market. But the crypto market is still showing signs of short-term profit taking signal. Follow the crypto message board for details.
• China uses political power to lower coal prices, but winter is approaching.
• Mr. Biden said the US would deepen economic ties with APEC.
• ECB asks government for help to achieve inflation target.
• Economists boost US inflation forecasts through the end of 2022.
• The Netherlands faces partial social distancing as COVID-19 cases continue to rise.
• UK and EU intensify negotiations after London's 'change of tone'.
• China's Singles Day loses its luster as growth drops to single digits.
• US workers quit their jobs at a record high, the hiring rate fell in September.
• The Bank of England will be the first major bank to raise interest rates, possibly in December.
• Mr. Biden appoints a coordinator to oversee $1 trillion in infrastructure spending.
• Ms. Yellen said workforce participation was "quite disheartening" compared with pre-pandemic levels.