FlowBank's hand-curated fresh financial news [header_noDither] 23.1.2023 Bitcoin Hits Lowest Level This Year Bitcoin's value declined further on Monday, dropping below $40,000 for the first time in the current year. According to Coin Metrics, it recently fell 4.5% to $39,778, reaching a low of $39,414, the weakest since December 3rd. The digital currency continues to adjust after the introduction of multiple spot bitcoin ETFs in the US, a first-time occurrence. Prior to the SEC's approval for trading, investors had been purchasing bitcoin in anticipation. WHAT'S MOVING [Group 1742 (7)-2] [Start Trading](113/cXx8Z04/VVN0FV5XtLf9W5w7jLV64YDK5W3X6sTS58Dc1lN2_Qd4z2-ZVTW6N1vHY6lZ3mDVmy9mB73fh00W4xySSc8f8Y8wW6kXwTp6ys_tfW6qrXVn611ZgzW6NSMcj2NN_w0W50qvVK8Qhd84W6rcMZ-74gHsKW7KmNwX8xdwBzW89Xdzg66cY7wW4Gp9hY7H-z2cW2cV0f97fkzvmN7t0TWlQBfHbW1Gfrcq5JWM8bW5MzpVD8wV3JFW8c0G-V1Xq9N1W7WYMvc53NL0-MmX16N3MGDMW18_SKS4CyzZZW4G09LM2pTNPVW5wyhDY1pCnbZN4mFxLt88QFLW10P7Ls9188MZf2Mk_2804) [Group 3 (7)-3] Rumble Online video platform Rumble (RUM) sees its stock surge over 36% on news of entering into a partnership with Barstool Sports. [Group 1752] Airline Earnings This week's airline earnings are headlined by United Airlines' substantial beat on Monday, with American Airlines and Southwest Airlines set to report on Thursday, and JetBlue following next week. [Group 1750 (6)] Macy's Macy's stock rose 2% in premarket trading following its rejection of a $5.8 billion private acquisition proposal from Arkhouse Management and Brigade Capital Management, citing issues with financing and valuation. WHAT'S COMING UP? EUR: Consumer Confidence (Jan): Exp. -14.3 v Prev. -15.0 IN OTHER NEWS Wall Street US stock futures showed minimal change on Tuesday morning, following the Dow Jones Industrial Average's first-ever breach of the 38,000 mark. Dow futures dipped slightly by 0.04%, while S&P 500 and Nasdaq 100 futures experienced a marginal rise of 0.03%. [Group 1769] Europe European markets are heading for a flat open Tuesday, losing an air of positivity seen in the previous trading session despite gains in Japan after the BOJ kept its monetary policy steady. MARKET INSIGHTS Forex Trading Weekly Outlook USD Strengthens as Inflation Worries Resume [Read more](113/cXx8Z04/VVN0FV5XtLf9W5w7jLV64YDK5W3X6sTS58Dc1lN2_Qd3-2-ZVTW5BW0B06lZ3p1N200d47RR7DWN65YX5v55f39VPPLsh9fVn0NW29fz5l2s803-W72-Mgw5MrYV5N6Tp1T7zs3vxN4KJZyx-b55hW6x5TlJ4Gctg5VGYp8896j6K1N39fMl3CxMsVN2TzvDlm8cG0N5jXNn5BXMRDW8-N-jk3xSWVnMXzcg5NTKcZW1c0YnV3qDz-YN17R7QM_gZB3W2qGRrH7vgyLBW8qXqzC2q1gZ2f2XmqqR04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VVN0FV5XtLf9W5w7jLV64YDK5W3X6sTS58Dc1lN2_Qd3-2-ZVTW5BW0B06lZ3lrN2KMcpblPFPdW6MDmCf7qG4TWW27k0g87HnjdxW3-YYWJ2tp6f6W5kRgQK2_D33hW8XSbGk35cTMqW8v9VsY5JCD8-W522S8n7rh1yvW3dKT0x6HKcTMW71Fk428_q3VRMB8K6WXPrY3W5kwRp_2ZLZmSW1yXnLv60n970VlWw5n4gQvhMN75tJFxGkykYW5TN4GS8JPm-8W4SM0Ng76SmcpVqrTW_8GjHD0f48qCzx04)
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