EUR/USD 1.17484
0.049%
Gold 4764.65
0.946%
Oil 87.955
-1.894%
USD/JPY 159.224
-0.095%
GBP/USD 1.35163
0.067%
GBP/JPY 215.217
-0.014%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Zhongbo Data (00471.HK): Trading in the Company’s shares has been temporarily suspended on the Hong Kong Stock Exchange from 1:48 p.m. on Wednesday, April 22, 2026, pending the publication of an announcement that constitutes inside information of the Company.Polish minister: The United States may postpone some missile deliveries.On April 22nd, it was reported that the UKs overall inflation rate rose in March, driven by increased energy prices. Monthly data showed an overall inflation rate increase of 0.7%, with transport prices being the main driver. Notably, transport prices rose 4.7% year-on-year, the largest annual increase since December 2022. Furthermore, fuel oil saw the largest increase, averaging 140.2 pence per liter in March, the highest level since August 2024. Meanwhile, diesel prices also rose sharply, averaging 158.7 pence per liter in March, the highest level since November 2023. Overall, motor fuel inflation reached 4.9% last month, the highest level since January 2023. Looking at core prices, the impact of the Middle East conflict will be more pronounced in the coming months. However, no such evidence has been found for March. Core annual inflation fell slightly to 3.1% in March, but inflation in the services sector remained a very stubborn area, rising to 4.5% from 4.3%.The yield on 40-year Japanese government bonds rose to 3.785%.April 22 – According to data released on Wednesday, the UKs annual CPI inflation rate rose to 3.3% in March from 3.0% in February, indicating that the Middle East wars have had an initial impact on prices. Prior to the US-Israeli action against Iran, the Bank of England stated that the UKs inflation rate was likely to approach its 2% target level in April. However, the Bank of England significantly raised its inflation forecast last month due to the energy price shock, predicting that the inflation rate would rise to around 3.5% by mid-2026. The International Monetary Fund predicted last week that the UKs inflation rate would peak at 4% in the coming months. However, most Bank of England interest rate makers stated that it is too early to judge the impact of the overall inflation rate rise on potential price pressures in the economy, as the current weak labor market may make it more difficult for workers to demand higher wages or for businesses to pass on higher costs to consumers.

S&P 500 Price Forecast – Stock Market Rallies Again On Election Day

Steven Zhao

Nov 09, 2022 16:58

微信截图_20221109165647.png

Technical Analysis of the S&P 500

The S&P 500 experienced a big rally during Tuesday's trading session to surpass the 50-Day EMA. Although the 50-Day EMA is a popular signal, I believe that many traders are currently focusing on the upcoming US elections as the day's key event. In the end, the market is hoping for a stalemate in the US Congress, which would mean less regulation. Having said that, I believe that sooner or later reality may come in and the downward trend may continue.


We would reenter the previous consolidation region we had observed if we broke down below the 3800 mark. It's likely that we might decline to the 3600 level if we break down below the 3700 level, which marked the bottom of the most recent slump. All other things being equal, I believe that this market will continue to be very volatile, and moving forward, we might see a small "hopium" rally. If we were to break over the most recent high, then we could look at the 4000 level.


The 200-Day EMA, a longer-term trend indicator, is similarly drawn to the 4000 level above. However, I believe that we will soon begin to plummet once more, therefore the next day or two might be quite important. Since I have no desire to purchase this market, it is likely that there will be much chop and volatility in the future. Consequently, regardless of your choice of direction, you should maintain a manageable position size.

Suggestion