- Yesterday's star of the day FTX Token appreciates 21.39% while outperforming its peers
- TRON was the biggest decliner after giving up 2.36% yesterday
- European session in progress; markets are rising as CAC moves up by 0.52%, reaching 6,643.67.
Yesterday's market activity meant that leading equity indices in the US declined as S&P 500 was down 0.89% before closing the session at 3,957.25. Nasdaq lost 1.12% and ended the session at 11,200.
Trading in the US will continue today in around a hour time, meanwhile European markets are trending positively as CAC moves up to 6,643.67 (up 0.52%). Upbeat Asia-Pacific markets ended today higher as KOSPI Composite Index rises by 0.23%, reaching 2,480.33.
Meanwhile, United States CFTC Gold speculative net positions released yesterday at 19:30 UTC with a figure of 82,300, while the previous figure was 64599.99999999999. United States CFTC Nasdaq 100 speculative net positions released yesterday at 19:30 UTC with a figure of -2,400, while the previous figure was -15,200. United States CFTC S&P 500 speculative net positions released yesterday at 19:30 UTC with a figure of -177,100, while the previous figure was -175,100.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as as things stand, upcoming United States Crude Oil Inventories data is projected to fall short of market expectations with newly published data of 1.36 million, following on from the preceding figure of 3.92 million. New data is set to be published tomorrow at 15:30 UTC.
Some optimism can drawn from the fact that United States Core Retail Sales is projected to outperform its last figure with 0.4%, having previously been at 0.1%. The figure will be published tomorrow at 13:30 UTC.
Furthermore, United States Philadelphia Fed Manufacturing Index (Nov) is expected Thursday.
While markets are generally down so far today, some stocks outperformed such as FTX Token gained 21.39% to reach $1.81. SOL (up 0.909%).
Yesterday's bearishness meant that TRON lost 2.36% yesterday before closing at $0.051.
FTX Token cryptocurrency trades up $0.319, approximately 21.39% higher this afternoon
FTX Token posts light gains on a low-volatility day, ranging between $1.41 – $1.96 and is now at $1.81. FTX Token has a market cap of 595 million with an average daily volume of 141.23 million.