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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.

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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