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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Citi: Singapore's Q4 GDP surprise upside supports the HKMA's hawkish stance
Huitong Financial News On January 2, Citi economist Kit Wei Zhen said in a report that the unexpected upside in Singapore's fourth-quarter GDP data supported the hawkish bias of the Monetary Authority of Singapore in January. He noted that Singapore's GDP QoQ and YoY GDP released this morning were 1.7% and 2.8% year-on-year, respectively. These figures imply a higher starting point for 2024 GDP data, which is likely to drive year-on-year comparisons until at least the first half of the year. Citi retains MAS's base case forecast of keeping policy unchanged until 2024, preferring to steer the Singapore dollar nominal effective Exchange rate higher within the policy range, although hawkish risks may persist, the economist added.