EUR/USD
1.16350
-0.174%
Gold
4537.33
-0.631%
Oil
102.476
0.456%
USD/JPY
158.987
0.087%
GBP/USD
1.34026
-0.223%
GBP/JPY
213.089
-0.134%
Real-time News
On May 19th, futures market news reported that recent rainy weather in producing areas has limited corn shipments for most traders, leading to a temporary tightening of effective supply. Some companies have slightly raised prices to encourage purchases. While some traders in producing areas still have sales needs after the weather improves, downstream companies are focusing on the new wheat harvest and awaiting relevant policy grain auctions, resulting in weak enthusiasm for corn purchases. However, the trading sector is supported by costs and has limited acceptance of low prices; therefore, mainstream market prices are expected to remain stable in the near term.Hong Kong-listed auto stocks fluctuated and weakened, with NIO-SW (09866.HK) falling more than 5% in the afternoon, Li Auto (02015.HK) falling more than 4%, and XPeng Group (09868.HK), Leapmotor (09863.HK) and others following suit.May 19th Futures News: Economies.com analysts latest view: Spot silver prices fell in recent intraday trading after failing to break through the $78.35 resistance level, which remained firm, causing prices to retreat again. This movement occurred against the backdrop of a clear corrective bearish wave dominating the market in the short term. Meanwhile, the 50-day moving average (EMA) continues to exert negative dynamic pressure on prices, with spot silver prices consistently below it, further reducing the likelihood of a full rebound in the short term. Furthermore, the Relative Strength Index (RSI) has begun to show a negative crossover after the price action became extremely overbought, indicating a bearish divergence signal, which increases the probability of continued selling pressure and further declines.May 19th, Futures News: Economies.com analysts latest view: WTI crude oil futures prices have been volatile in recent intraday trading, attempting to accumulate upward momentum to help break through the key resistance level of $104.00. Under the influence of the dominant short-term bullish trend, prices continue to benefit from trading above the 50-day EMA, providing dynamic support and enhancing the possibility of further gains. This performance is attributed to the easing of overbought conditions previously indicated by the Relative Strength Index (RSI), which is now beginning to release new positive signals supporting the upward price movement. This further strengthens the positive momentum around the price and increases the probability of attempting to break through the current resistance level.May 19th, Futures News: Economies.com analysts latest view: Brent crude oil futures have experienced significant volatility during recent trading sessions, primarily constrained by the solid support at the key resistance level of $109.00. Currently, the price is attempting to accumulate upward momentum to break through this resistance and continues to trade above the 50-day EMA, further strengthening the short-term bullish trend and overall stability. Simultaneously, the price is moving along a support trendline, further solidifying the upward bias. Furthermore, after the previous overbought condition eased, the Relative Strength Index (RSI) has begun to show a positive golden cross signal. If momentum continues to strengthen, this signal is expected to provide support for further price increases.
