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On December 21, the French presidential palace stated that it would determine the "best way" for French President Macron to hold dialogue with Russian President Putin "in the coming days." The French presidential palace welcomed Russias statement that Putin was willing to engage in dialogue with Macron, and that France believed the aim of such dialogue was to achieve a "stable and lasting peace," and that the content would be "transparent" to Ukraine and Europe.December 21 - According to a report released by the Indonesian Meteorology, Climatology and Geophysics Agency, a 5.6-magnitude earthquake struck off the coast of North Maluku province, Indonesia, at 19:21 local time on December 21. The epicenter was located at 1.47 degrees north latitude and 126.34 degrees east longitude, with a focal depth of 27 kilometers.December 21 - On December 21, MiniMax, a general artificial intelligence company, published its post-hearing information set prospectus for the first time.On December 21, Russian Presidential Aide Ushakov told the media that the proposal to hold trilateral talks between Russia, the United States, and Ukraine has not yet been put on the agenda or discussed. He also pointed out that the modifications proposed by Ukraine and Europe to the Russia-Ukraine "peace plan" are not conducive to advancing the agreement. Ushakov confirmed that Russias Special Representative for Foreign Investment and Economic Cooperation, Dmitriev, is currently in Miami holding talks with the US. He revealed that Dmitriev will report on the results of the talks with the US after returning to Moscow. On the same day, Russian Presidential Press Secretary Peskov told the media that President Putin has no plans to speak with US President Trump before the end of the year, but arranging a call would be easy.On December 21st, according to Japanese sources, during a debate program, Itsunori Onodera, chairman of the Liberal Democratic Partys (LDP) Security Research Council, proposed that it is necessary to discuss the definition of the "Three Non-Nuclear Principles." He discussed Japans current reliance on the US "nuclear umbrella," stating, "This is one of the issues that should be discussed." Onodera said the LDP plans to submit a related motion to the Cabinet in February next year to promote discussion in the Diet. The "Three Non-Nuclear Principles" refer to not possessing, manufacturing, or introducing nuclear weapons. Recently, several political parties, politicians, and numerous civic organizations in Japan have called for adherence to the "Three Non-Nuclear Principles" to avoid a repeat of the tragedy of war.

S&P 500 Price Forecast – Stock Markets Continue to Look Threatened

Alice Wang

Sep 01, 2022 15:00

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Technical Analysis of the S&P 500

The S&P 500 fluctuated wildly throughout the trading day on Wednesday, but because the employment report is due on Friday, I anticipate that things will settle down a little. Having said that, I don't believe that the market is one in which you need necessarily take a lot of risk. After all, it wouldn't be long until some kind of news sent this market into a tailspin once again.


Of course, the S&P 500 will be watching to see what the Federal Reserve decides to do in response to the employment report. However, despite the fact that many traders are attempting to figure out how to get to that point, I honestly don't believe that there is a scenario in which the Federal Reserve loosens its monetary policy.


The market will then have to accept that the Federal Reserve will continue to remain tight since there is so much inflationary pressure. However, I believe that this market still has room to grow, therefore we may retest the bottom. People worried that the Fed would have to tighten policy will benefit if the employment data are very strong.


On the other hand, if Friday's employment report turns out to be somewhat weak, some would cite that as justification for the Fed to halt quantitative tightening sooner rather than later. Of course, it's a pipe dream, but that's what the market will attempt to infer. Thursday is probably going to be a pretty choppy and quiet day.