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Boeing (BA.N) said on November 16 that it will ensure its factories have the capacity to absorb higher production levels before further increasing aircraft output next year, highlighting the aircraft manufacturers cautious strategy after years of production setbacks. The company recently received approval from U.S. regulators to increase monthly production of its 737 aircraft from 38 to 42. Stephanie Popp, head of Boeings commercial aircraft business, said the companys current focus will be on "stabilizing" existing production rhythms before further increases in production.Boeing (BA.N): Before ramping up production again next year, it will ensure that its factories are ready to handle a higher proportion of aircraft production.According to the Financial Times, U.S. Trade Representative Greer is increasingly dissatisfied with the slow progress made by the European Union in reducing tariffs and regulatory barriers.Airbus: We expect the Middle East to need 4,080 passenger aircraft over the next 20 years, including 2,380 single-aisle aircraft and 1,700 wide-body aircraft.November 16th - According to two industry sources and data from the London Stock Exchange Group (LSEG), the port of Novorossiysk in Russia resumed oil loading operations on Sunday after a two-day suspension. LSEG data shows that the Suezmax tanker "Alan" and the Aframax tanker "Rhodes" are currently loading oil at the ports berths. Previously, a Ukrainian drone attack caused the Russian Black Sea port of Novorossiysk to suspend oil exports on Friday, prompting Transneft, the Russian oil pipeline monopoly, to suspend crude oil supplies to the export terminal. The attack damaged two oil berths at the port, temporarily disrupting port operations.

Stock Markets Await the CPI Figures

Skylar Shaw

Jun 10, 2022 14:36

The Technical Analysis of the S&P 500

The S&P 500 attempted to climb in the futures market on Thursday, but as you can see, we've given up a lot of those gains. As we await the important CPI statistics on Friday, stock markets have sunk a little. The CPI figures will have a significant impact on what people anticipate the Federal Reserve to do in terms of monetary policy. Finally, this market seems to be prepared to maintain its volatility, but once we get this figure, individuals will want to get involved and gamble on rates.


The bond market suggests that speculators are expecting the CPI statistic to be very high, causing the stock market to fall. On the other side, if the figure comes in indicating indications of slowdown, we may be able to push this market over the 4200 level. The 4200 level is now a short-term resistance barrier that the market has been battling. If we can get through that level, the 4300 level will be our next objective and a far more formidable resistant barrier.


If the market falls below the 4070 level, we are likely to see a drop to the 4000 level, and then to the 3900 level. More pressure might lead to a move back to the 3800 level, from where the market has recovered. In any case, I'm not a big fan of the stock market, but it seems like we're moving back and forth and seeking for some kind of directionality in the near run.

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