$RAMP

By Alex Lawler LONDON (Reuters) -Oil hit its highest in seven weeks on Tuesday, supported by the European Union's ongoing push for a ban on Russian oil imports that would tighten supply and as investors focused on higher demand from an easing of China's COVID lockdowns. EU foreign ministers failed on Monday in their effort to pressure Hungary to lift its veto on the proposed oil embargo. But some diplomats now point to a May 30-31 summit as the moment for agreement on a phased ban on Russian oil. Brent crude rose as high as $115.69, its highest since March 28, and by 1330 GMT was up 24 cents, or 0.2%, to $114.48. U.S. West Texas Intermediate (WTI) crude, however, slipped 3 cents to $114.17. "Oil prices have remained near multi-week highs this week, supported by surging gasoline and distillate prices in the U.S., and fears around an EU ban on Russian oil imports remaining in play," said Jeffrey Halley, analyst at brokerage OANDA. Crude has surged in 2022, with Brent hitting $139, its highest since 2008, in early March as Russia's invasion of Ukraine exacerbated supply concerns. Oil also gained support from hopes of demand recovery in China as it looks to ease COVID restrictions, analysts said, and from rising geopolitical tension between the EU and Russia following Sweden and Finland's moves to join NATO. Further support came from figures showing OPEC and allied nations, which include Russia, in April produced far below levels required under a deal to gradually ease record output cuts made during the worst of the pandemic in 2020. "Ultimately, this is a supply-side story," said Fawad Razaqzada, analyst at City Index. "Unless the OPEC and its allies ramp up production and fast, it is difficult to see how prices can go down meaningfully." Also in focus are potential further declines in U.S. fuel inventories. Weekly inventory reports are expected to show a rise in crude stocks and declines in inventories of distillates and gasoline. [EIA/S]

Fed expected to ramp up its inflation fight with big rate hike

$AAPL hires Ford veteran to ramp car efforts according to Bloomberg

$very clean off pre market ramp.

Turkey's second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up https://cointelegraph.com/news/turkey-s-second-wave-of-major-crypto-interest-bitfinex-coinbase-and-kucoin-ramp-up

Crypto Funds’ Easy On-Ramp Can Be a Big Problem Without the Right Guidance https://www.coindesk.com/business/2022/04/28/crypto-funds-easy-on-ramp-can-be-a-big-problem-without-the-right-guidance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

https://www.businessinsider.com/lucid-insiders-ev-startups-ramp-up-production-problems-2022-4

Question maybe for @maletone, but anyone really. I get the $CRXT parabolic trade, seeing it ramp up w/ volume and blow a top. But I don't get $ALVR this morning. Tips on how to look at the day one gapper and judge risk? It ramps from the open with high volume, but seems harder to tell when it's going to let up...

By Rowena Edwards LONDON (Reuters) -Oil prices were stable on Friday but remained on course for a second weekly fall after countries announced plans to release crude from their strategic stocks. Brent crude futures were down 30 cents, or 0.3%, at $100.28 a barrel by 1333 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 4 cents to $95.99. Both contracts are set to fall for a second consecutive week, with Brent on course for a 3.7% slide and WTI for a 3% decline. Member nations of the International Energy Agency (IEA) will release 60 million barrels over the next six months, with the United States matching that amount as part of its 180 million barrel release announced in March. The release could deter producers, including the Organization of the Petroleum Exporting Countries (OPEC) and U.S. shale producers, from accelerating output increases even with oil prices around $100 a barrel, ANZ Research analysts said in a note. PVM analyst Stephen Brennock, meanwhile, questioned the impact of the reserves being released. "Despite these unprecedented volumes, doubts remain whether this incoming flood of supply will address the shortfall in Russian crude," he said. JPMorgan (NYSE:JPM) expects the reserves release to "go a long way in the short term" to offsetting the 1 million barrels per day of Russian oil supply it expects to remain permanently offline. "However, looking forward to 2023 and beyond, global producers will likely need to ramp up investment to both fill the Russia-sized gap in supply and restock IEA strategic reserves," the bank said in a note. While Russia has found Asian buyers, Western buyers are shunning cargoes since the start of the conflict in Ukraine. Russia's production of oil and gas condensate fell to 10.52 million barrels per day (bpd) for April 1-6 from a March average of 11.01 million bpd, two sources familiar with the data told Reuters on Thursday. The U.S. Congress voted to ban Russian oil on Thursday, while the European Union is considering a ban. But demand uncertainties kept a lid on prices Friday after Shanghai extended its lockdown to contend with fast rising COVID-19 infections. Further pressure came from the strengthening U.S. dollar, after signals that the U.S. Federal Reserve could raise the federal funds rate another 3 percentage points by the end of the year.

I was hoping it would ramp back to the high $3.80s

just ramp it already

hopefully a 9:45 - 10 am ramp

Coinbase, FTX to Ramp Up Investment in India, But Experts Warn the Country's Crypto Space May Face Chaos https://cryptonews.com/news/coinbase-ftx-ramp-up-investment-india-but-experts-warn-countrys-crypto-space-may-face-chaos.htm

Happens a lot. I seen marketing campaigns ramp up their payouts for affiliates just to boost their user acquisition numbers for that period and then they close the faucet on that after the quarter/reporting ends

expect a ramp in volatility when /YM retest $34,970

By Alun John HONG KONG (Reuters) - Asia shares joined a global rally on Wednesday as hopes rose for a negotiated end to the Ukraine conflict, while bond markets signalled concern about the U.S. economy overnight after 10-year yields briefly dipped below two year rates. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.28% to its highest level in nearly a month, with most Asian stock markets in positive territory, and Chinese blue chips, up 2.5%, leading the charge. Japan's Nikkei bucked the trend however, falling 1%, as observers pointed to profit taking heading into the end of the fiscal year. The benchmark hit a two-month closing high on Tuesday. (T) Ukraine, on Tuesday, proposed adopting a neutral status in a sign of progress at face-to-face negotiations, though on the ground, reports of attacks continued, and Ukraine reacted with skepticism to Russia's promise in negotiations to scale down military operations around Kyiv. The rally looked set to peter out later in the day however, as while U.S. and European shares had risen sharply overnight, futures pointed to a lower open on Wednesday. EUROSTOXX 50 futures shed 0.18%, FTSE futures and U.S. S&P 500 futures were flat. "On the one hand there has been more positive news regarding Ukraine, and the market is hopeful of a peace deal at some point, which is resulting in a bit of a 'risk-on' event, with shares up," said Shane Oliver chief economist and head of investment strategy at AMP (OTC:AMLTF) Capital. "But then it's back to worrying about inflation and bond yields, and there's this debate about whether we're going to see a recession in the U.S. because of the inversion of part of the U.S. yield curve." The widely tracked U.S. 2-year/10-year Treasury yield curve briefly inverted on Tuesday for the first time since September 2019, as bond investors bet that aggressive tightening by the Federal Reserve could hurt the U.S. economy over the longer term. [US/] Longer-dated yields falling below shorter ones indicate a lack of faith in future growth, and 10-year yields falling beneath 2-year rates is widely seen as a harbinger of recession. On the other hand, the spread between the yield on 3-month Treasury bills and 10-year notes this month remained steeper. "The messages from the yield curve are very confusing," said Oliver. The benchmark U.S. 10-year yield was last softer at 2.3615% having risen as high as 2.557% on Monday, its highest since April 2019, as traders position themselves for quickfire rate hikes by the U.S. Federal Reserve. The spread between the U.S. 10-year and 2-year yields was last 3.4 basis points. JAPAN IN FOCUS Rising U.S. yields are also dragging Japanese government bond yields in their wake, a threat to Japan's ultra loose monetary policy. The Bank of Japan increased its efforts to defend its key yield cap on Wednesday offering to ramp up buying of government bonds across the curve including through unscheduled emergency market operations. While this apparently underscored its resolve to hold to the policy, some analysts questioned whether the strategy was sustainable. “I wouldn’t be surprised if the Bank of Japan sets a higher limit for 10 year JBG yields – currently at 0.25%. They can’t afford to be too far behind the curve, because if the yen were to weaken further beyond certain levels it could raise market fears,” said Joël Le Saux fund manager of Eurizon Fund's Sustainable Japan Equity sub fund. The widening differential between U.S. and Japanese yields have caused the yen to weaken sharply, but it managed to regain some lost ground on Wednesday. The Japanese currency was was at 121.95 per dollar, compared to from Monday's low of 124.3. Traders pointed to rising fears that Japanese authorities might step in to try and halt the slide as being behind the recovery. [FRX/] Elsewhere in currency markets, the euro was up 0.2% at $1.1107 supported by hopes that talks between Russia and Ukraine lead to peace. Supply tightness kept crude prices firm, according to analysts, as the oil market was not ready to speculate that the talks would end the conflict and pave the way for Western allies to remove sanctions against Russian oil exports. Brent crude rose 0.66% to $110.96 per barrel. U.S. crude rose 0.7% to $104.97. [O/R] Spot gold rose 0.3% to $1920.6 per ounce. [GOL/]

will attack on the day of the vote or on any crazy ramp

what's this recent ramp for?

$kodk ah ramp

LLL - 4.50 / 5.00 / 5.50 areas to scale in short. Already failed a little pre market so will look to nail and bail there due to LOW FLOAT DPRO - 2.50 / 2.80 / 3.00 lines to scale in short ZTEK - The type that can halt up at open and trap so I will be avoiding this on short side LBPS - Potential HOT CHICK today. let it take the attention AMC / GME / BBBY / KOSS / BB - Meme names are famous for looking weak pre market then ramping on air at the open. I am trying to have MAJOR discipline to wait for a large bounce on these toward vwap at open to short. I think these will be a great opportunity after the morning ramp. BUT i will NOT hold for an all day fader bs. Will take my money and run bc they can zombie this at the open NRSN - "Should have" tanked but it didnt, so patiently waiting for a major move and rejection at open for a scalp. Meme names top watch for me https://myinvestingclub.com/trading/how-to-scale-into-the-watch-list-when-to-use-max-full-size-when-trading-30-rule-watch-list/

By Sonali Paul and Mohi Narayan MELBOURNE (Reuters) - Oil prices rose on Thursday in volatile trade following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia due to sanctions for its invasion of Ukraine. Brent crude futures were up $2.53, or 2.28%, at $113.67 a barrel at 0651 GMT after trading in about a $5 range. The benchmark contract slumped 13% in the previous session in its biggest one-day drop in nearly two years. U.S. West Texas Intermediate (WTI) crude futures were up $1.64, or 1.51%, at $110.34 a barrel, after trading in a $4 range. The contract had tumbled 12.5% in the previous session in the biggest daily decline since November. Uncertainty over where and when supply will come from to replace crude from the world's second-largest exporter Russia in a tight market has led to wide-ranging forecasts for oil prices between $100 and $200 a barrel. "So to suggest the oil market is confused would be an understatement as we are in an unprecedented situation," said Stephen Innes, managing partner at SPI Asset Management. Comments from the United Arab Emirates energy minister and the country's ambassador to Washington sent conflicting signals. UAE Energy Minister Suhail al-Mazrouei said on Twitter (NYSE:TWTR) late on Wednesday his country is committed to the existing agreement by the Organization of the Petroleum Exporting Countries and allies including Russia, together called OPEC+, to ramp up oil supply by 400,000 barrels per day monthly following sharp cuts in 2020. Just hours before, prices slumped on comments from UAE's ambassador to Washington saying his country will be encouraging OPEC to consider higher output to fill the supply gap due to sanctions on Russia after it invaded Ukraine. Russia calls its incursion a "special operation" to disarm its neighbour. The comments from UAE officials came as the market also took into account moves by the United States to ease sanctions on Venezuelan oil and efforts to seal a nuclear deal with Tehran, which could lead to more oil supply coming from Iran later this year. Talks set for Thursday between Russia and Ukraine's foreign ministers in Turkey also gave the market reason for pause. While UAE and Saudi Arabia have spare capacity, some other OPEC+ producers are struggling to meet their output targets due to underinvestment in infrastructure over the past few years, which will limit their ability to lift output further. "We think it will be challenging for OPEC+ to boost production in this environment," Commonwealth Bank commodities analyst Vivek Dhar said. Meanwhile, U.S. crude oil, fuel stockpiles fell last week, adding to the worries over already tight global supplies. Crude inventories fell by 1.9 million barrels in the week to March 4 to 411.6 million barrels, compared with analysts' expectations in a Reuters poll for a 657,000-barrel drop. U.S. crude stocks in the Strategic Petroleum Reserve fell to 577.5 million barrels, the lowest since July 2002.

**@elerianm:** Key key question in the runup to the invasion of Ukraine: Whether Russian President Putin could find a face saving way to de-escalateKey question today: Is he willing/able to find an off-ramp from an invasion not going according to his plans and is resulting in tragic atrocities https://twitter.com/elerianm/status/1501734310189182978

Ramp teaser . . .

Ramp teaser . . .

I see better risk vs reward with hedging as a change over the weekend will ramp volatility as there is supposed to be another meeting between the ambassadors and the key date is the 20th so it's hard to say how the politics will turn

prezi talks. 330 ramp perhaps ?

By Peter Nurse Investing.com - European stock markets are expected to open lower, continuing last week’s selloff, as the threat of war in Ukraine adds to concerns surrounding high inflation and the prospect of U.S. Federal Reserve interest rate hikes. At 2:10 AM ET (0710 GMT), the DAX futures contract in Germany traded 0.5% lower, CAC 40 futures in France dropped 2.2% and the FTSE 100 futures contract in the U.K. fell 0.1%. European stocks closed lower Friday, pulled down by Wall Street, on fears that surging U.S. inflation will prompt the Federal Reserve to tighten monetary policy aggressively, starting with a 50 basis point hike in March, which were compounded by a slump in the Michigan Consumer Sentiment index. San Francisco Fed President Mary Daly tried to play down market expectations of a half-point move in an interview on Sunday, saying being too "abrupt and aggressive" on policy could be counter-productive. However, these comments largely fell on deaf ears with investors turning their attention to concerns that Russia could invade Ukraine in the near future with U.S. National Security Advisor Jake Sullivan telling CNN on Sunday there’s “a distinct possibility that there will be major military action very soon.” The U.S. and several other western countries have advised their nationals to leave the country. German Chancellor Olaf Scholz is set to continue the diplomatic onslaught by visiting Ukraine later in the day, followed by a trip to Moscow the day after, as the standoff heads into its most tense week. These raised tensions helped oil prices climb Monday to their highest levels in more than seven years, heading towards $100 a barrel. Many fear that an invasion of Ukraine would lead to sanctions on Russia’s financial system, making it impossible for western companies to pay for Russian crude exports and forcing them to chase supplies elsewhere on the global market. Russia is one of the world’s top crude producers, and such a disruption to global supply would occur just as the Organization of the Petroleum Exporting Countries and its allies, including Russia, struggles to ramp up output to cope with recovering demand. By 2:10 AM ET, U.S. crude futures traded 1.3% higher at $94.31 a barrel, just off its highest since September 2014, while the Brent contract rose 1.2% to $95.52, after earlier hitting its highest since October 2014. In the corporate sector, Clariant (SIX:CLN) is likely to be in the spotlight after the Swiss chemicals group delayed the release of its 2021 results due to an investigation into accounting issues. Glencore (OTC:GLNCY) could also be in focus Monday after Bloomberg reported that activist investor Bluebell Capital Partners is calling for the commodities giant to revamp its coal structure, potentially spinning the business off. Commerzbank (DE:CBKG) stock is seen sharply lower premarket after Germany's Finance Minister said the government would not keep its stake in the lender in the long run. The stock is still well short of what Angela Merkel's government paid for it over a decade ago. Additionally, gold futures rose 0.6% to $1,853.75/oz, while EUR/USD traded 0.1% lower at 1.1342.

yeah could be..... usually when big chunks of VXX go thru late you get a change in direction at least a strong move.... so either we ramp like crazy or THEY USE cpi to give market a bit of a shake

ramp it up guys

could ramp higher over $27

Ramp expands presence in US with FinCEN regulation https://cointelegraph.com/news/ramp-expands-presence-in-us-with-fincen-regulation

By Ron Bousso and Sabrina Valle LONDON/HOUSTON (Reuters) - Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies, in stark contrast to the previous year when energy prices collapsed as the coronavirus pandemic hit travel and economic activity. Typically, companies would invest the lion's share of that cash in long-term projects to boost oil and gas production and reserves after the previous year's deep cuts. But unlike any other time in their history, BP (NYSE:BP), Royal Dutch Shell (LON:RDSa), TotalEnergies, Equinor and Italy's Eni are focusing on returning as much cash as possible to shareholders to keep them sweet as they begin a risky shift towards low-carbon and renewable energy. "All of the large oil companies are managing decline to a degree," by shifting to fields that provide larger investment returns for shareholders and leaving more mature assets behind, said Ben Cook, portfolio manager with BP Capital Fund Advisors. The growing pressure from investors, activists and governments to tackle climate change means that European oil giants are turning off the taps on spending on oil even as the outlook for prices and demand remains robust. The two-pronged strategy of reducing oil output and boosting shareholder returns was underscored when Shell sold its Permian shale oil business in the United States for $9.5 billion in September, promising to return $7 billion to investors. Investors in U.S. companies can also expect their payouts to rise to record amounts, but Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX), the top U.S. oil and gas companies, plan to continue ploughing money into new oil projects, encouraged by White House calls for more oil output to tackle high energy prices and inflation. In 2022, European firms are set to return to investors a record $54 billion in dividends and share buybacks, according to analysis by Bernstein, while Exxon and Chevron are set to pay more than $30 billion combined. SMALLER OIL As investments in new oil projects dwindle, oil production by Europe's top five energy companies is set to drop by over 15% to below 6 million barrels per day (bpd) by 2030 after reaching a peak of around 7 million bpd in 2025, data from Bernstein Research showed. With the energy transition entering full swing, investors have welcomed the renewed focus on their returns. Having trailblazed oil and gas extraction for over a century, from drilling in the Middle East to pioneering deepwater production, oil majors have a history of pouring billions of dollars into huge, complex projects which ran over budget and behind schedule, leading to a decade of poor returns after 2010. "Strategies for the energy transition are becoming more defined, but investors won't buy a story given the failures of the past, so the companies will need to prove they can deliver on these strategies effectively and profitably," said Alasdair McKinnon of the Scottish Investment Fund. HARVEST TIME Some oil production will remain a key fuel in the energy transition and natural gas output is set to increase as countries such as India and China look to substitute gas for the most polluting fossil fuel - coal. At the same time, European oil majors are diverting spending to renewables such as wind and solar power, promising that returns from their low-carbon businesses will match or even grow beyond those of oil and gas in the long run. That is in contrast to U.S. companies, where Exxon and Chevron have largely stayed away from renewables. Chevron Chief Executive Mike Worth has said renewables "don't generate the double digit returns that investors want." The sharp drop already seen in investments in new oil developments by European companies in recent years has helped push long-term oil prices higher on the expectation of supply falling short of demand. "Such caution could underpin hydrocarbon prices, since energy demand looks set to continue to grow... and supply could be restrained, especially as renewable and alternative sources of power do not yet look ready to take up the baseload slack," said Russ Mould, investment director at online platform AJ Bell. Demand for oil is expected to peak around 2030 according to the U.S. Energy Information Administration. "Oil executives are aware of public pressure, their environmental responsibilities and the opprobrium that any major new work could bring," Mould said, adding that companies will resist the temptation to ramp production back up. Shell's Chief Executive Officer Ben van Beurden said the company is looking longer term and while it wants to enjoy the strong oil prices, "we are not minded to invest in a big way in a rising market because we believe that by the time we can start to harvest it, we will be beyond that peak again." Europe's strategy will be a test case, said BP Capital Fund's Cook. “It is hard to say who is right in the pace of the transition. Time will tell if Europe went too fast.”

needs to get done with www and then we can ramp[ it but pls don't give me gap up on monday > @HeyShoe said: earnings season kicks up

so far I see CELZ >> ETb this may ramp at the open so I like 3.70 / 4.00 lines to short AFI potential 3.00 rejection IMMX potential hot chick NTRB trapped everyone on Friday so I will look got 10.50 / 11 push to short

Creating the On-Ramp for Web 3 https://www.coindesk.com/sponsored-content/creating-the-on-ramp-for-web-3/

PTPI nice ramp up

**INCY** INCY was previous down 29% YTD, as last week saw INCY almost reduce it's YTD performance slashed in half rising 11% last week. Recent activity has shown activity increasing on option chain during this previous move. We nay continue to see a ramp in activity and unusual volume as this continues to push upwards. INCY has respected its weekly trend, and has recent bounced from the bottom of the trendline with a gap to fill overhead over fridays close to the $75 level. Firdays close can be a entry for the gap fill for $75 or allowing price to rise to the $78 level if broken and held for a swing to the PT 1: $80, PT 2: $82, PT 3: $85

Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report https://www.coindesk.com/policy/2021/12/19/bank-of-england-to-ramp-up-talks-on-crypto-rules-as-data-is-hard-to-find/

By Marc Jones LONDON (Reuters) - World stocks marched back towards record highs on Thursday as surging inflation saw Britain and Norway hike interest rates and the ECB trim its super-sized bond buying programme a day after the U.S. Federal Reserve had accelerated its withdrawal. It was a jam-packed day. Turkey's lira took another bashing as its own central bank ploughed on with rate cuts. Omicron numbers were rocketing globally too, but for once this was not infecting the markets. The pan-European STOXX 600 index jumped 1.5%, led by tech, energy stocks. Record high Wall Street was also set to rise again [.N], while sterling and UK bank shares bother shot up after the BOE ended months of flirting with the idea and became the first G7 central back to hike rates, albeit by only 0.1%. Hussain Mehdi, Macro and Investment Strategist, HSBC Asset Management, said the 8-1 vote by BOE policymakers to raise rates was "fairly surprising" given the current surge in Omicron cases although there were solid reasons to do so. "The labour market is tight, and Omicron has the potential to exacerbate supply-side constraints in goods and labour," Mehdi said. "Ongoing upside inflation risks are likely to push the MPC (BOE) into further action in 2022." The Fed had laid out a scenario in which the pandemic, despite the Omicron surge, gives way to a benign set of economic conditions, with inflation easing largely on its own, interest rates increasing slowly, and unemployment staying low. "The economy no longer needs increasing amounts of policy support," Fed Chair Jerome Powell had said. "If the Fed moves (hikes interest rates next year), it will be okay as long as there is growth," said Barrow Hanley's Head of International Equities Rand Wrighton, referring to bets U.S. rates could go up three times before the end of 2022. Attention then turned to the ECB in Frankfurt which is also trying to balance support of a virus-threaten economy with the need to cut money printing to cool price rises. It said it would cut its bond purchases under its 1.85 trillion euro Pandemic Emergency Purchase Programme (PEPP) next quarter and wind down the scheme by March in a long-flagged move. It will, however, keeping reinvesting PEPP profits until the end of 2024 and ramp up the longer-running but more rigid Asset Purchase Programme (APP) to limit the withdrawal effects. "On balance, the new approach to quantitative easing (QE) is slightly dovish," Gurpreet Gill, Macro Strategist, Global Fixed Income, at Goldman Sachs (NYSE:GS) Asset Management, said. TURBULENT TURKEY Earlier Norway's central bank had also raised its main interest rate for the second time in three months and said more were likely, whereas the Swiss National Bank kept its rates locked at -0.75%. Sterling raced past $1.33 after the BOE's hike move having peaked for the year back in May at $1.4250. Shares in Britain's big banks like Barclays (LON:BARC) and Lloyds (LON:LLOY) jumped 5% on the presumption that they will now be able to push up lending rates. The euro was soft peddling at just below $1.13 after forward-looking euro zone purchasing manager data had come in weaker than expected earlier. Europe is facing a fourth wave of infections and many governments have been encouraging citizens to stay home and avoid unnecessary social contact. IHS Markit's Flash Composite Purchasing Managers' Index, a good indicator of overall economic health, dropped to 53.4 in December from 55.4 in November, its lowest since March and below the 54.0 predicted in a Reuters poll. That headline number was dragged down by the services PMI, which sank to an eight-month low of 53.3 from 55.9. While above the 50-mark separating growth from contraction it missed the Reuters poll estimate for 54.1. "The euro zone economy is being dealt yet another blow from COVID-19, with rising infection levels dampening growth in the service sector in particular to result in a disappointing end to 2021," said Chris Williamson, chief business economist at IHS Markit. It wasn't looking like a good Christmas for Turkey either. The lira dropped nearly 4% to an all-time low beyond 15 against the dollar after another 100 basis point interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan's risky new economic programme. "We exited local markets in September - we went to zero," said Aegon (NYSE:AEG) Asset Management's head of emerging market debt Jeffery Grills, blaming the direction the country's economic and monetary policies were now taking. The lira has halved in value this year, and worries are mounting about what could happen if low rates and stimulus ahead of presidential elections in 2023 continue to ramp up inflation which is already above 20%. "The accompanying statement suggests that the easing cycle will be on pause early next year but, even so, the lira will remain under pressure and capital controls are likely," said Jason Tuvey at Capital Economics. Things were far smoother in the commodity markets. Oil rose to $75 supported by record U.S. implied demand and falling crude stockpiles [O/R], while cooper which is highly sensitive to the health of the global economy rebounded 2.2% after falls on Wednesday has taken its losses since October past 11%.

ECOMI, Aragon and Ramp breakout after Bitcoin price pushes above $49K https://cointelegraph.com/news/ecomi-aragon-and-ramp-breakout-after-bitcoin-price-pushes-above-49k

damn should have sold the ramp

Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps https://cointelegraph.com/news/crypto-payments-solutions-firm-ramp-raises-53-million-to-increase-adoption-of-dapps

would love a ramp to 18 but doubt it

CFVI might ramp

if efoi can ramp up one more time

By Tom Westbrook SYDNEY (Reuters) - A rally in global stocks, oil and risk-sensitive currencies lost some steam on Thursday amid nagging concern about the Omicron variant and as imminent U.S. inflation data puts the interest rates outlook firmly back in focus. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6% to a two-week peak, mostly because Chinese shares are riding high on hopes for monetary easing. Japan's Nikkei, however, fell 0.3% after gaining about 3.5% in the previous two sessions. S&P 500 futures fell 0.1% and European futures were flat. FTSE futures rose 0.2%. "The UK has moved back to work from home as the norm. Other countries will doubtless follow," said ING economist Rob Carnell. "At the very least, the F&B industry and leisure will suffer from this at the most critical time of the year for them. So I'd be hesitant before piling back into risk assets at this time of the business year." After bounding 2.6% in three days the growth-sensitive Australian dollar was flat at $0.7177. [AUD/] Oil extended gains into a sixth straight session, helped by positive comments from vaccine makers, but the pace of rises has moderated. Brent crude futures were last up about 0.8% to $76.36 a barrel, U.S. crude rose 0.9% to $73.04. [O/R] On Wednesday, BioNTech and Pfizer (NYSE:PFE) said a three-shot course of their COVID-19 vaccine was able to neutralise the Omicron variant in a laboratory test, helping lift the S&P 500 within 1% of a new record high. Market sentiment has also recovered with other pieces of preliminary data suggesting Omicron is less severe than first feared, but offsetting that has been the imposition of tougher restrictions in England to curb Omicron's spread. China has been a case apart after a cut to banks' reserves ratio this week, followed by fairly benign inflation figures on Thursday, suggesting more easing may be in the works. The blue chip CSI300 index was last up nearly 2% and has gained almost 4% for the week so far. If sustained, it'd mark the largest weekly leap since February. [.SS] INFLATION AWAITED Bonds were nursing losses as hope on the virus outlook left a clearer path to higher rates. Traders' focus was turned to the release of inflation data on Friday and a Federal Reserve meeting next week for indications on hike timing. [US/] Fed funds futures are priced for rates to lift-off next May and on Wednesday two-year Treasury yields touched their highest since March 2020 at 0.7140%. They were steady at 0.6817% on Thursday and 10-year yields held at 1.5127% after a 4.6-basis-point jump on Wednesday. Economists expect annual headline U.S. inflation to have hit 6.8% last month, though previous readings have surprised on the upside. "An acceleration in the pace of tapering by the Fed is almost being treated as a foregone conclusion," said analysts at ANZ Bank, and beyond it looms an expectation of higher U.S. interest rates in 2022. "But a strong number could ramp up expectations of a hike in Q2 next year." Elsewhere in currency trade the U.S. dollar index hovered at 96.041 and the euro dipped marginally to $1.1327. [FRX/] The yen has edged below its 50-day moving average to 113.76 per dollar. Sterling fell to a one-year low of $1.31615 overnight with the announcement of the tighter COVID-19 rules. It had recovered slightly to $1.3209 on Thursday. Gold was steady at $1,785 and ounce and bitcoin looks to have found support around $50,000.

**@mark_dow:** Starting to think the Sept-Oct ramp in energy wasn't Biden/ESG/Fed/Fiscal and was just the same ol' speculative frenzy that we always misattribute to something simple and intuitive. $CL_F $NG_F https://t.co/NMfMUqXwSU https://twitter.com/mark_dow/status/1467884136962531331

$ACET little ramp

c'mon $DIDI give us that ramp

**@StackingUSD:** $SYS | @Syscoin I have #partnered with #Syscoin to share educational content. Clearly there isn't much to post right now, but I expect the team to ramp up marketing and hype. This project has amazing tech; now it is time to share it all with the masses. https://t.co/gOIc25o5jO https://twitter.com/StackingUSD/status/1467674359615664128