EUR/USD 1.15865
-0.329%
Gold 4504.11
-0.870%
Oil 99.967
1.733%
USD/JPY 159.198
0.175%
GBP/USD 1.34006
-0.255%
GBP/JPY 213.338
-0.078%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 21, the China-France Working Group on Climate and Environmental Challenges held its first meeting in Beijing, China, on May 20, 2026. The meeting was jointly led by the Chinese Ministry of Foreign Affairs and the French Ministry of European Affairs and Foreign Ministry, with participation from eight relevant Chinese ministries. The French Ministry of Ecological Transition, Biodiversity and International Negotiations on Climate and Nature participated as the French co-lead unit of the working group. The working group serves as a new and important dialogue platform between China and France in the field of climate and environment. The two sides exchanged in-depth views on key issues in the climate and environment field, including global climate governance, the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change and the Second Global Inventory, climate mitigation and energy transition, climate adaptation, biodiversity, land degradation and forests, pollution, water and oceans, territorial spatial planning and ecological protection and restoration, and climate, biodiversity, and environmental finance.U.S. EIA natural gas inventories for the week ending May 15 were 101 billion cubic feet, compared to an expected 96 billion cubic feet and a previous reading of 85 billion cubic feet.Mexican President Simbaum: I will meet with Homeland Security Minister Mourin in Mexico today.The U.S. EIA natural gas storage figures for the week ending May 15 will be released in ten minutes.On May 21st, driven by AI optimism and strong earnings reports, both the S&P 500 and Nasdaq hit record highs. However, this rally lacked breadth, with most gains coming from large-cap tech stocks. UBS analysts pointed out that in the six weeks ending May 15th, the market capitalization-weighted S&P 500 outperformed the equally weighted S&P 500 by the largest margin in at least 35 years. Given that much of the market value growth was driven by large-cap AI tech stocks, UBS advised investors to reduce overly concentrated positions and guard against the risks of concentrated holdings. UBS also stated that as earnings season nears its end and market focus shifts back to the unresolved Middle East situation, the market may enter a period of respite. Swissquote Senior Market Analyst Ipek Ozkardeskaya said she has been monitoring the market breadth issue, noting that most of the gains are currently concentrated in a few tech companies "priced in with perfect expectations." "If anything goes wrong with their pricing logic, we could see a bubble-like crash."

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.

 

image.png 


Suggestion