fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

7 March 2022,08:32

Weekly Outlook

Chinese tech companies bullish on the metaverse

7 March 2022, 08:32

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Despite the regulatory risks, Chinese tech companies are doubling down on their bets on the metaverse, ranking in the top among companies filing for NFT and metaverse-related trademarks and patents. In 2021 and 2020, Tencent filed a total of 4085 patents while Baidu filed 3094, taking second and third places respectively behind Samsung. In China, a surge in filings for Metaverse trademarks beginning in late 2021 has resulted in a reported 16,000 applications pending approval. Major companies with filings include Huawei Technologies and Netease. The Chinese government has a wary view of NFTs and the metaverse, seeing them as possible enablers of illegal activity.

Nuclear worries hit Europe

The latest concern arising from the Russian-Ukrainian conflict is nuclear as news emerged that Europe’s largest power plant, the Zaporizhzhia plant in south-east Ukraine, was under attack from Russian shelling. Ukraine’s foreign minister has demanded an immediate ceasefire after a power unit at the plant was hit. A fire at the plant has prompted escalating concerns about the threat of a nuclear disaster many times more severe than Chernobyl. Asian markets have tumbled at the news, with the Hang Seng index and the Nikkei 225 both dropping over 2%. Meanwhile, crude oil prices continue on their ascent after surging past the $100 mark on Wednesday.

Fed Chairman Powell says tapering should have begun sooner

In a meeting with the Senate Banking Committee, Fed Chair Jerome Powell has said that, in hindsight, the Fed “should have moved earlier” to pull back on pandemic economic stimulus in response to rising inflation – which it dismissed as “transitory” at the start of 2021 when numbers began rising. Consumer prices have seen their highest increase in 40 years, prompting policymakers to begin discussing a series of rate hikes, as well a reduction in the Fed balance sheet.

Starten Sie mit einem Vorteil in das Trading

Traden Sie Forex, Indizes, Metalle und mehr zu branchenweit niedrigen Spreads und mit blitzschneller Ausführung.

  • Beginnen Sie mit Einzahlungen ab nur $ 50 auf unsere Standardkonten mit dem Trading.
  • Erhalten Sie Zugang zum 24/7-Support.
  • Sie haben Zugang zu Hunderten von Instrumenten, kostenlosen Schulungsmaterialien und einigen der besten Promotionen, die es gibt.
Jetzt registrieren

Latest Posts

Schnelle und einfache Kontoeröffnung

Live-Konto erstellen
  • 1

    Registrieren Sie sich

    Registrieren Sie sich für ein PU Prime Live-Konto mit unserem unkomplizierten Verfahren

  • 2

    Zahlen Sie Geld ein

    Zahlen Sie bequem über verschiedene Kanäle und in verschiedenen Währungen auf Ihr Konto ein

  • 3

    Beginnen Sie mit dem Trading

    Erhalten Sie Zugang zu Hunderten von Instrumenten zu marktführenden Tradingbedingungen

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!