EUR/USD 1.15119
-0.141%
Gold 4087.98
0.262%
Oil 57.796
-1.537%
USD/JPY 156.530
-0.589%
GBP/USD 1.31061
0.259%
GBP/JPY 205.153
-0.325%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ukrainian President Zelensky: Discussed "existing diplomatic options" for achieving peace in Ukraine with the NATO Secretary General.Ukrainian President Zelensky: I have spoken with NATO Secretary General Rutte.November 22 – According to analysts at Jefferies Group, deregulation of U.S. banks is expected to unlock approximately $2.6 trillion in lending capacity for large financial institutions, thereby solidifying the higher valuations of U.S. lenders relative to their European competitors. Analysts Aniket Shah and Daniel Fannon, among others, wrote in a report on Friday that deregulation could “drive substantial increases in lending, mergers and acquisitions, and technology investment by 2026” and will boost earnings and market share. Citing a discussion with Fernandodela Mora, co-head of financial services at Alvarez & Marsal, they wrote, “Capital releases could reinforce the valuation premium of U.S. banks relative to their European peers and support higher share prices.” Trump administration officials are planning to soften bank capital measures established after the 2008 financial crisis. The Federal Reserve has circulated plans to significantly ease a Biden-era proposal aimed at raising capital levels after banks complained that this would restrict their operations. European bankers and politicians have also stated that EU banking regulations are too stringent and are giving U.S. lenders an advantage.According to Nikkei: Bank of Japan board member Yoichi Masaki said, "We are about to make a decision on raising interest rates. I cant say which month, but we are close to the time to raise interest rates."The S&P 500 rose 0.7%, hitting a new intraday high.

S&P 500 Price Forecast – Stock Markets Continue to Hover

Skylar Shaw

Jan 11, 2023 15:04

微信截图_20230111144429.png

Technical Analysis of the S&P 500

During Tuesday's trading session, the E-mini S&P 500 contract slightly declined and fell below the 50-Day EMA as Jerome Powell took the podium to deliver a speech. Given that not much changed after his speech, it is perhaps not shocking to see that the market has reversed course and returned to its previous level. The issue of whether or not we can hold onto this region is very different, and it is fairly probable that the Thursday session will be far more significant since the CPI statistics will be out during that session.


You need to pay great attention to those data because they are significant at a time when the globe is still concerned about inflation. In the end, the market will continue to oscillate a lot, but for now, the 200-Day EMA, which is now at the 4000 level, is sandwiched between the 50-Day EMA and the 200-Day EMA signs. I feel that we should "fade the rallies," but because there has likely been a lot of loud activity in the meantime, I do believe that it will likely not be long before we must make a more significant choice.


Nevertheless, do not undervalue Wall Street's capacity for seeing the positive side of any situation. However, sooner or later, the wise money will arrive and put everyone on the defensive. The 200-Day EMA and the 4000 level are slightly above us, and we are also in a well defined channel.

Suggestion