EUR/USD 1.13998
0.117%
Gold 4060.53
-0.270%
Oil 70.047
0.953%
USD/JPY 161.806
0.034%
GBP/USD 1.32200
0.167%
GBP/JPY 213.912
0.201%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Hong Kong-listed robotics stocks rallied in the afternoon, with Horizon Robotics (09660.HK) surging over 15%, Hesai-W (02525.HK) rising over 5%, and MicroPort Robotics (02252.HK) and RoboSense (02498.HK) following suit.Bank of England Chief Economist Peel: Monetary policy has not been tight enough in the past few years.June 29th news: From June 22nd to June 28th, the national logistics operation data is as follows: National railway freight transported 80.026 million tons, a decrease of 0.89% compared to the previous period; 54.793 million trucks passed through national expressways, an increase of 8.91% compared to the previous period; monitored ports completed a cargo throughput of 270.279 million tons, an increase of 3.09% compared to the previous period, and a container throughput of 7.215 million TEUs, an increase of 5.27% compared to the previous period; civil aviation handled 122,000 flights (including 5,118 cargo flights, of which 3,378 were international cargo flights and 1,740 were domestic cargo flights), an increase of 4.90% compared to the previous period; postal and express delivery collection volume was approximately 3.892 billion pieces, a decrease of 4.70% compared to the previous period; delivery volume was approximately 3.909 billion pieces, a decrease of 4.98% compared to the previous period.June 29th - Thomas Mathews, Head of Asia Pacific Markets at Capital Economics, stated in a report that the rally in US Treasuries that previously drove yields lower is expected to lose momentum, while German bonds may rise further. He said that US Treasuries face some key tests this week. He pointed out that one of the key reasons for the Federal Reserves rate cuts is to protect the health of the labor market. "But labor market momentum has strengthened recently, and we expect the US June jobs report, to be released later this week, to be strong again," Mathews said. It is becoming increasingly clear that labor market conditions will not be a reason to postpone tightening policy. "This may be the biggest risk facing US Treasuries in the near term, but it is not the only risk."On June 29th, Baidu officially released and open-sourced its end-to-end OCR model, Unlimited OCR. The model topped the GitHub Daily Trending and Python charts the day after its release, and also ranked first on HuggingFaces global overall model trending chart and multimodal model trending chart. Unlimited OCR is designed for long document parsing scenarios, with a total parameter size of 3B and only about 570M activation parameters during inference. Public evaluation results show that Unlimited OCR achieved a 93.92% overall score in the OmniDocBench v1.6 benchmark test, setting a new record for end-to-end OCR.

S&P 500 Price Forecast – Stock Market Continues to Rally Toward Jobs Figure

Skylar Shaw

Feb 03, 2023 15:31


Technical Analysis of the S&P 500

The S&P 500 has risen a little during Thursday's trading session as it seems we will aim to reach the 4200 mark. At this point, the market will almost certainly experience some selling pressure, but there is also the upcoming release of the Non-Farm Payroll report, which is something to keep an eye on. At this point, a pullback would probably be caused by high numbers, as people will start to worry once more about the Federal Reserve and whether or not they will be required to continue tightening the monetary policy.


As the round number is definitely going to draw a lot of attention, the 200-Day EMA is sitting just above the 4000 level, and that is certainly an area that a lot of people would pay special attention to.


The market may very easily challenge the 50-Day EMA if we go below the 200-Day EMA. Much of this depends on whether or not people think that the Federal Reserve will keep its monetary policy tight and cause the economy to grow slowly. The market doesn't seem to be particularly interested in what the Federal Reserve has to say right now, at least not after the announcement on Wednesday.


As we are in the middle of earnings season, there is a lot to keep an eye on, so it makes sense in a certain sense that volatility would likely increase rather than decrease. This will move quickly towards the 4300 level if we can remove the 4200 level following the jobs number.

Suggestion