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On December 22nd, Chen Ronghui, Deputy Director of the National Bureau of Data Science and Technology, stated at a press conference that the National Bureau of Data Science and Technology has organized and implemented the construction of demonstration scenarios for "running" public data, releasing three batches totaling 70 demonstration scenarios. Today, a fourth batch of 30 demonstration scenarios was released. Regarding the four batches of scenarios, Chen Ronghui stated that the data supply method has shifted from "mainly sharing" to "coordinated promotion of sharing, openness, and authorized operation." In the fourth batch of scenarios, authorized operation has become an important data supply method. The fourth batch of scenarios has a wider regional coverage, with scenarios in the western and northeastern regions accounting for 35%. The scope of the scenarios is continuously expanding, with the fourth batch gradually extending to in-depth areas such as high-frequency public services, characteristic industries, and grassroots governance. Common scenarios such as accurate verification of personal living status and sharing and mutual recognition of medical examination and test results will create greater demonstration value and social benefits.Futures Market News, December 22nd: Wheat prices remained stable with a slight decline today. As the year-end approaches, more grain holders are clearing warehouses and selling off their stock, increasing the supply of grain in the market. Flour consumption is in the off-season, processing enterprises have weak orders and low operating rates, with most cautiously replenishing their stocks only as needed. Demand for feed substitution is fluctuating, resulting in a stalemate between supply and demand in the market. Prices are likely to remain within a narrow range in the short term.On December 22nd, Uber announced a partnership with Baidu to test self-driving taxis in the UK. This follows Waymos launch of tests in London this month. Uber stated on Monday that it plans to launch a pilot program in London in the first half of 2026, using Baidus Apollo Go RT6 self-driving taxis. The company said the service is expected to launch in London by the end of next year. Uber abandoned its independent development of self-driving technology in 2020, instead partnering with several self-driving taxi companies. Uber CEO Dara Khosrowshahi stated in an interview this month that the company plans to offer self-driving services in more than 10 markets by the end of next year.The yield on Japans 20-year government bond rose 5.5 basis points to 3.025%.Thailands automobile production rose 11.06% year-on-year in November (compared to 14.17% year-on-year growth in October).

S&P 500 Price Forecast – Stock Market Drifts

Eric Stanberg

Dec 20, 2022 18:05

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Technical Analysis of the S&P 500

On Monday throughout the day, the S&P 500 E-mini contract attempted to rise at first but rapidly gave up gains. As of right now, it seems like there will be a lot of negative pressure, which might allow us to go as low as the 3800 mark. Looking at this chart, it is a region where it has historically been loud, so don't be at all surprised to see it behave that way once again. You're talking about 3750 being the goal if we break down below the 3800 mark.


On the other side, if we reverse course and break above the 50-Day EMA, which is now hovering around the 3928 level, we may then move our attention to the 4000 level above, which is just below the 200-Day EMA. Alternately, you can observe that we have been trading in an expanding wedge or what is known as a "megaphone pattern," which often signals the impending start of an explosive surge in either direction. The Federal Reserve has restated its aim to maintain a restrictive monetary policy, thus everything now looks to be heading downward.


Corporate profits will continue to decline as the globe enters a recession, which should, in principle, bring the market down with it. It said, I wouldn't place too much stock in that since you never know what risk Wall Street is ready to accept at any particular time. Remember that unstable situations could result in a lot of noise on arbitrary headlines.

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