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The most active Japanese rubber futures contract rose 2.00% on the day, currently trading at 356.40 yen per kilogram.On January 14th, Wang Jun, Deputy Director of the General Administration of Customs, stated at a press conference held by the State Council Information Office that my countrys goods trade has been continuously optimized and upgraded. Over the past five years, the import and export of high-tech products has grown at an average annual rate of 7.9%, with the year-on-year growth rate further accelerating to 11.4% in 2025, contributing nearly 60% to the overall foreign trade growth. The export scale of the "new three" products—electric vehicles, photovoltaic products, and lithium batteries—is expected to reach nearly 1.3 trillion yuan in 2025, a 3.5-fold increase compared to 2020. New business formats and models are flourishing. According to preliminary statistics from customs, my countrys cross-border e-commerce imports and exports are expected to reach 2.75 trillion yuan in 2025, a 69.7% increase compared to 2020.On January 14th, Wang Jun, Deputy Director of the General Administration of Customs, stated at a press conference held by the State Council Information Office that by 2025, my country will have trade relations with 249 countries and regions worldwide. Among them, 14 countries and regions will have trade exceeding one trillion, 62 exceeding one hundred billion, and 137 exceeding ten billion yuan, representing increases of 2, 6, and 10 respectively compared to 2024. Across the five continents, my countrys imports and exports with at least 60% of the countries and regions on each continent will see growth. Looking at individual economies, by 2025, my countrys top ten trading partners will account for 47.7% of my countrys total foreign trade, a decrease of two percentage points compared to 2024, indicating a slight decrease in concentration and a more balanced distribution.On January 14th, Wang Jun, Deputy Director of the General Administration of Customs, stated at a press conference held by the State Council Information Office that my countrys intermediate goods trade achieved rapid growth in 2025, becoming a major driver of exports and providing strong support for global industrial cooperation. my countrys export markets have become more diversified, with exports to countries participating in the Belt and Road Initiative increasing by 11.2%, contributing 5.4 percentage points to overall export growth. ASEAN has been Chinas largest export market for three consecutive years. Export growth to emerging markets such as Latin America, the Middle East, Central Asia, and Africa all outpaced the overall growth rate. my country continues to provide the world with high-quality, affordable, stable, and reliable products, becoming a "key link" in the global industrial and supply chains. Overall, my countrys exports are characterized by more robust innovation, a stronger foundation for green development, and a brighter commitment to win-win cooperation. "Good Chinese products" are widely popular globally, playing a vital role in ensuring the stability of global production and supply chains, injecting certainty into global economic and trade development, and bringing new opportunities.On January 14th, Wang Jun, Deputy Director of the General Administration of Customs, stated at a press conference held by the State Council Information Office that exports of high-tech products are projected to increase by 13.2% year-on-year by 2025, contributing 2.4 percentage points to my countrys overall export growth. Specifically, exports of specialized equipment, high-end machine tools, and industrial robots increased by 20.6%, 21.5%, and 48.7%, respectively. Notably, exports of industrial robots exceeded imports last year, making my country a net exporter of industrial robots.

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

Cory Russell

Oct 11, 2022 15:27

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Technical Analysis of the S&P 500

It does make sense that we would ultimately continue to decline since the S&P 500 E-mini contract gapped lower to open the Monday session. We have already filled that need, and now we are turning around and acting negatively. At this moment, 3600 seems to be nearly a lock, therefore I do think that a lot of people were going to enter the market at the first indication of weariness. With an eye on the 3500 level, if we can go below the 3600 level, it's possible that this market will decline much farther.


A recovery rally may begin if the candlestick for the Monday session is broken above the top.


However, this rally is likely to be short-lived because the market is still under the influence of many negative factors, not the least of which are the rising interest rates and, of course, the unfavorable macroeconomic conditions around the world. After all, the S&P 500 is filled with global juggernauts that, of course, do business globally.


Given that, it is highly possible that there will be a lot of back-and-forth, always looking for the negative. I believe that at this time, you must see this through the lens of choppy volatility with pessimism lurking behind it since the 50-Day EMA is breaking hard right below the 3900 mark. As a result, the market is quite likely to decline since volatility does not encourage confidence.

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