EUR/USD 1.14331
-0.064%
Gold 3998.15
-0.428%
Oil 83.506
2.643%
USD/JPY 162.368
-0.007%
GBP/USD 1.34506
-0.054%
GBP/JPY 218.400
-0.060%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 20th - According to the Shanghai Municipal Bureau of Statistics and the Shanghai Survey Office of the National Bureau of Statistics, based on the unified accounting results for regional GDP, Shanghais GDP reached 2,788.663 billion yuan in the first half of the year, a year-on-year increase of 5.6% at constant prices. By industry, the added value of the primary industry was 3.576 billion yuan, a year-on-year increase of 0.9%; the added value of the secondary industry was 569.666 billion yuan, an increase of 4.7%; and the added value of the tertiary industry was 2,215.421 billion yuan, an increase of 5.9%.The main liquefied petroleum gas (LPG) contract surged by 401.00 yuan during the day, currently trading at 5636.00 yuan/ton, an increase of 7.66%.July 20th - Guangxi has launched post-disaster rural housing reconstruction work. Following the work plan of "scientific planning, categorized implementation, strict quality control, and policy support," reconstruction will be carried out in stages and phases. Three reconstruction methods will be selected: repair and reinforcement, reconstruction on the original site, and new construction at a different site. Policies such as repair subsidies, reconstruction subsidies, and temporary resettlement guarantees will be implemented in a standardized manner. The reconstruction of affected housing is expected to be basically completed before the Spring Festival of 2027, restoring normal production and living order for urban and rural residents as soon as possible.On July 20th, the 2026 World Artificial Intelligence Conferences series of sub-forums—the Artificial Intelligence Rule of Law Forum—was held. Focusing on the theme of "Legal Responses to the Development of Intelligent Agents," participating guests engaged in in-depth discussions. The forum also released a white paper entitled "Ten Legal Principles for the Healthy Development of Intelligent Agent Services." The white paper establishes a three-dimensional governance logic: First, it covers the entire process of intelligent agent research and development, training, operation, iteration, and exit, establishing a closed-loop risk control mechanism for the characteristics of autonomous decision-making and cross-domain interaction; second, through rules such as service identification, layered informed consent, minimum permissions, and trusted output, it comprehensively protects users digital rights, with a focus on protecting digitally vulnerable groups such as the elderly and minors; third, it clarifies industry rights and responsibilities, promotes the interconnection of intelligent agents, strictly adheres to the bottom line of "human beings ultimately bear responsibility," and prevents companies from evading responsibility under the guise of intelligent autonomy.U.S. Secretary of State Marco Rubio: The United States remains open to resolving the Iranian issue through diplomatic means.

S&P 500 Price Forecast – Stock Markets Continue to Worry About Rates

Jimmy Khan

Feb 22, 2023 16:31


Technical Analysis of the S&P 500

The S&P 500 E-mini contract started overnight trading poorly and hasn't been making a lot of sense. Yet, the contract's high level of volatility persists, and as a result, downward pressure is beginning to build. It's important to note that the 200-Day EMA and the 50-Day EMA are located immediately below. Given that they are both rather flat, there may not actually be any momentum.


As it is slightly above the psychologically and structurally significant 4000 level, this may pave the way for a support level to develop in that approximate area. You must keep in mind that earnings season is now underway because it could cause the market to fluctuate. The moving averages and the psychologically significant 4000 level, if we were to break down below them, might drive the futures market and the index itself significantly lower.


It thus creates the chance of a decline down to the 3900 level, where we had experienced some buying pressure. Following that, there comes the 3800 level, which is considerably more significant and will get a lot of attention. When it comes to whether or not the market can save itself, we would be in that general area hanging on by a thread.


The previous two candlesticks have undoubtedly looked pretty bearish, and I think that may have some momentum built up in it. If the market were to flip around and bounce, then it may try to move towards the 4200 level. The minutes from the Federal Open Market Committee meeting, which are released on Wednesday, will undoubtedly also be relevant. This ought to provide traders a good indication of what the Federal Reserve members discussed during the meeting and whether or not there is an overall hawkish mindset or if there are any ice cracks appearing. This will have a significant impact on the market.

Suggestion