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Ukrainian President Zelensky: Those responsible for responding to the secondary explosion that occurred after the Russian attack on a warehouse in the Kyiv region will be punished.The Nigerien government issued a statement calling for calm, stating that security forces are mobilizing to deal with attacks in the capital.On August 29th, Chinas first vehicle-mounted mobile word generator factory was unveiled. Equipped with domestically developed computing power and energy management systems, it can more flexibly match the computing power needs of artificial intelligence while exploring new models of computing-electricity collaboration. This helps to absorb renewable energy and reduce computing power operating costs. This vehicle-mounted mobile word generator factory uses a standardized 40-foot shipping container. The entire vehicle utilizes an electro-computing-cooling system and an integrated storage-computing-network design. The front can be tracted by an electric vehicle, supporting the deployment of nine server racks. It features a fast interface for integrated power and communication, enabling rapid networking deployment of multiple vehicles to form a mobile computing power cluster. From on-site access to commissioning and operation, it only takes 6-8 hours. When renewable energy sources generate low-priced electricity, the computing vehicle can move to a substation closer to renewable energy sources for access, improving renewable energy absorption and reducing computing power operating costs. It is estimated that using a mobile access method reduces overall costs by about 25%, enabling the production of more cost-effective word generator services for different downstream scenarios.The governor of the Kyiv region said that the Russian attack injured 42 people and more than 380 people are being evacuated from the strike area.The governor of the Kyiv region said that a nighttime attack by Russian forces in the Bucha region has killed 27 people.

Silver Price Prediction - Silver Price Increased Due to Weak Dollar

Alina Haynes

May 12, 2022 11:03

On Wednesday, silver prices increased alongside the other precious metals. As yields decreased, the dollar declined. In spite of stronger-than-anticipated headline and core CPI reports, Benchmark rates declined today. Gold prices rose as the currency weakened.

CPI Rose Greater Than Anticipated

Wednesday, the U.S. Labor Department revealed April's CPI. The headline CPI came in at 8.3%, slightly lower than March but higher than the 8.1% experts had predicted. The study also revealed that the core CPI, excluding food and energy, rose by 6.2% year over year, which was greater than anticipated. The month-over-month growth also exceeded projections. The Bureau of Labor Statistics (BLS) stated that April inflation grew 0.3% on the headline CPI, compared to the 0.2% expected, and 0.6% on the core CPI, compared to the 0.4% expected gain.

Technical Evaluation

After falling, silver prices recovered, reclaiming short-term support near the September lows at 21.42.

 

Near the 20-day moving average of 23.52, there is observed to be resistance. The 20-day moving average has fallen below the 50-day moving average, indicating a medium-term decline. As indicated by the fast stochastic crossover buy signal, near-term momentum has turned positive. Prices are oversold since the fast stochastic is displaying a value of 13 below the oversold threshold of 20.

 

The medium-term momentum has become negative as the histogram and MACD both print in a negative direction (moving average convergence divergence). The MACD histogram is moving in a negative direction, reflecting the downward trend in price movement.

 

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