EUR/USD 1.16000
0.039%
Gold 4220.14
1.519%
Oil 59.392
0.687%
USD/JPY 156.145
-0.098%
GBP/USD 1.32418
0.018%
GBP/JPY 206.766
-0.068%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On November 30th, three OPEC+ representatives indicated that OPEC+ is likely to maintain its first-quarter 2026 oil production levels at its Sunday meeting, a move that would moderate its efforts to regain market share amid growing market concerns about oversupply. Similar comments were made by other sources this week. The organization had been cutting production for years until April of this year, when eight member countries began increasing output to restore market share.November 30th - The 2026 national civil service examination for central government agencies and their affiliated institutions was held today. The Administrative Aptitude Test was held from 9:00 AM to 11:00 AM, and the Essay Writing Test was held from 2:00 PM to 5:00 PM. The 2026 national civil service examination plans to recruit 38,100 people, a decrease of 1,600 from last year. Although the number of recruits has decreased slightly compared to last year, the number of applicants has reached a record high. According to data released by the State Administration of Civil Service, 3.718 million people passed the qualification review by employing units, with a ratio of approximately 98:1 between those who passed the qualification review and the planned recruitment number.On November 30, Venezuelan Foreign Minister Silva issued a statement via social media on the 29th, strongly condemning the US governments actions that threatened Venezuelas airspace sovereignty, calling it a "colonial threat" and "illegal aggression," and announcing that the US actions had forced the suspension of flights for Venezuelan migrants to return home. The statement noted that US President Trump posted a message on social media that day attempting to exercise "illegal extraterritorial jurisdiction" over Venezuela, issuing "orders" over Venezuelan airspace. The Venezuelan government firmly opposes this, believing that it seriously infringes upon Venezuelas airspace sovereignty, territorial integrity, and aviation safety, and is a "hostile, unilateral, and arbitrary act" that violates the purposes and principles of the UN Charter.American Airlines stated that the aircraft affected by the Airbus software glitch have been repaired.Ukrainian President Volodymyr Zelensky will meet with French President Emmanuel Macron in Paris on Monday.

Stock Markets Continue to Attempt a Recovery

Cory Russell

Jul 08, 2022 15:05

微信截图_20220708145643.png

Technical Analysis of the S&P 500

The S&P 500 is aiming to reach the recent selloff peak of 3900, and I believe we may be in for some minor difficulties. There will likely be a lot of noise because of the job statistics that will be released on Friday from the United States. I think a selling opportunity will likely arise sooner rather than later because I think it is likely just a matter of time until we see tiredness enter the market.


The fools on Wall Street are still trying to persuade themselves that the Federal Reserve would take action to safeguard the stock market, but, let's be honest, every time they believe that will be the case, reality kicks in and drives the market down. I believe the market can only go so far as the 50 Day EMA is now hovering around the 4000 level. On the other side, it would also be unfavorable if we reverse course and break below the 3850 mark.


The interest rate problems are not the least of the reasons we are in a decline, but we also need to be concerned about profits and, of course, inflation difficulties. In the end, this is a market that, given enough time, is undoubtedly preparing for a shorting opportunity, but we need to see indications of tiredness in order to be short once again. In the end, I believe that this market will finally attempt to retest the lows. But if we were to surpass the 4000 mark, that would undoubtedly be significant.

Suggestion