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Apple (AAPL.O) is revamping the video functionality of its podcasts as part of an industry-wide shift from purely audio-based media to visual formats. A statement released Monday revealed that in the iOS 26.4 developer beta, Apple is making it easier for viewers to switch between video podcasts and audio listening. While Apple Podcasts has long supported video programming via RSS feeds, its effectiveness has lagged far behind platforms like Spotify, YouTube, and Netflix. Apple is partnering with hosting platforms such as Amazons Art19, SiriusXMs Simplecast, and AdsWizz to ensure podcast creators can sync their video programming to the app. Starting this spring, video podcasts will be supported on Vision Pro, iPad, iPhone, and the web version of Apple Podcasts. Later this year, Apple will also charge ad networks for video ads based on ad impressions.February 17th - New Zealands newly appointed Reserve Bank of New Zealand Governor Anna Brehman will hold her first policy meeting this week, and is expected to keep interest rates unchanged. Amid persistent inflationary pressures, the market is focused on her assessment of the economic outlook. A survey of 22 economists indicates that Wednesdays meeting will maintain the official cash rate at 2.25%. Brehman joined the Reserve Bank of New Zealand from the Swedish central bank in early December last year. In the last three months of last year, the countrys economy expanded rapidly, and inflation unexpectedly exceeded the upper limit of the 1-3% target range, prompting economists to widely predict a rate hike before the end of the year. The money market currently bets a 70% probability of a 25 basis point rate hike in September and has fully priced in a tightening of policy in December.February 17 – The head of the Ukrainian negotiating delegation, Umerov, secretary of the National Security and Defense Council, stated that the Ukrainian delegation has arrived in Geneva and will begin a new round of peace talks tomorrow in the form of trilateral talks. Umerov said, “The agenda has been agreed upon, and the negotiating team is ready to work. We look forward to constructive work and substantive meetings on security and humanitarian issues – with the aim of moving towards a dignified and sustainable peace.”Ukrainian National Security and Defense Council Secretary Umerov: The agenda has been agreed upon, and the team is ready to work.Ukrainian National Security and Defense Council Secretary Umerov: The Ukrainian delegation has arrived in Geneva. Tomorrow we will begin a new round of negotiations in a trilateral format.

S&P 500 Price Forecast – S&P 500 E-mini Testing a Major Trend Line

Jimmy Khan

Dec 02, 2022 16:25


Technical Analysis of the S&P 500

Following the release of the PCE statistics, which showed a 0.3% month over month increase, the S&P 500 E-mini contract had some bumpy trading on Thursday. As we test the big downtrend line that we have been heading toward for some time, the market is still still likely to experience significant volatility.


Additionally, you should keep in mind that the Friday release of the jobs report will undoubtedly have an impact on this market and may lead to significant volatility. Pullbacks at this time make some sense, but if that number is a little disappointing, we might potentially see a significant breakout.


The 200-Day EMA, which is currently at the level of 4024, ought to provide dynamic support. I believe it is highly likely that we would decline to the 3950 level if we were to break down below that level.


Remember that we might be witnessing the start of the "Santa Claus rally," which occurs at the end of the year when money managers attempt to sell their books to make up for mistakes made over the year. It is still up for debate as to whether or not it will actually transpire because it is not required.


Jerome Powell played a significant role in yesterday's events because of his speech's balance, which Wall Street naturally saw as being exceptionally dovish. We've seen this before, and usually what happens is that US markets will rise briefly before falling back again.