EUR/USD 1.16137
0.052%
Gold 4607.94
-0.176%
Oil 59.213
0.151%
USD/JPY 158.110
-0.317%
GBP/USD 1.33911
0.067%
GBP/JPY 211.733
-0.239%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 16, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference. The conference emphasized upholding the principle of strengthening the capital markets domestic market presence and promoting deeper and higher levels of two-way opening up. It stressed expediting the implementation of optimized schemes for qualified foreign investors, expanding the scope of openness for specific futures products, and improving the convenience of cross-border investment and financing. The conference also called for improving regulations and systems for overseas listings, enhancing the standardization and transparency of filing management, strengthening regulatory and risk prevention capabilities in an open environment, and actively participating in international financial governance.On January 16, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference. The conference emphasized the need to continuously improve the standardized operation of listed companies, accelerate the promulgation of regulations governing listed companies, fully implement the newly revised corporate governance guidelines, strengthen constraints on the behavior of controlling shareholders and actual controllers, and improve institutional arrangements such as dividend repurchases, equity incentives, and employee stock ownership. It also stressed the importance of stimulating the vitality of the mergers and acquisitions market, improving the supervision of the entire restructuring chain, and taking multiple measures to promote the high-quality development of listed companies.Japanese Finance Minister Satsuki Katayama: We have not yet received any inquiries from the Bank of Japan regarding the joint statement from other central banks supporting Powell.On January 16th, Hoshine Silicon Industry Co., Ltd. announced that it and relevant responsible persons received an administrative regulatory measure decision letter from the Zhejiang Securities Regulatory Bureau. The company was ordered to rectify its actions due to its failure to fulfill review procedures and information disclosure obligations regarding related-party transactions, as well as its large-scale investment activities that also failed to comply with review procedures and information disclosure obligations. Chairman Luo Liguo, General Manager Luo Yedong, Chief Financial Officer Zhang Yacong, and Board Secretary Gao Junqiu received warning letters for violating information disclosure management regulations. The company and relevant responsible persons will actively rectify the situation, strengthen their study of laws and regulations, and strictly fulfill their information disclosure obligations.On January 16th, the China Securities Regulatory Commission (CSRC) held its 2026 system-wide work conference on January 15th. The conference emphasized further enforcing market discipline, resolutely cracking down on egregious illegal activities such as financial fraud, price manipulation, and insider trading, streamlining the administrative and criminal linkage mechanism, and promoting the implementation of more typical cases such as special representative litigation and advance compensation. It also urged industry institutions to focus on their core businesses, improve governance, and pursue differentiated development. Furthermore, it called for improving the regulatory system and mechanisms for private equity funds. Finally, it stressed strengthening technology-enabled regulation to enhance the ability to discover clues and improve regulatory penetration.

S&P 500 Price Forecast – 3700 Continues to Hold as Support

Skylar Shaw

Jun 23, 2022 14:55

微信截图_20220623144903.png


After initially tumbling into the 3700 support level throughout the trading day, the S&P 500 has made a big rebound. 

S&P 500 Technical Analysis

After first dropping below the 3700 level during the trading session on Wednesday, the S&P 500 has seen a wild journey. Since the 3700 level has been significant for a few weeks, it is probable that sellers will now make it their goal. 3600 and 3500 are the next targets if we can drop below the most recent low. What we are currently witnessing is a small-scale bear market rebound, which does make some sense given the extreme selling pressure that we had previously witnessed.


If we do move higher from here, 4000 should be a resistance level that will be difficult to surpass unless there is a fundamental shift in the news. In the end, I believe we have a position where breaking down makes more sense, but we could be in for a setup where we "fade the rallies." Since there is nothing positive in the economic pipeline right now and many earnings predictions will need to be revised at this point, I do not enjoy investing in the stock market right now. A brief recovery rally does, however, make a lot of sense because markets do not continuously decline.


I see this as a chance to go short once more, but if we were to breach the 4200 level, you would need to be persuaded that the true brand has changed. I'm not currently concerned about the move because it costs 400 points. In the end, a recession is inevitable, and the market is now beginning to reflect that.

Suggestion