EUR/USD 1.15221
0.178%
Gold 4315.99
1.368%
Oil 74.079
-1.153%
USD/JPY 160.591
-0.039%
GBP/USD 1.33125
0.149%
GBP/JPY 213.792
0.108%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian Foreign Ministry spokesman Bagaei: We need to pay attention to the other sides implementation of the agreement, and also negotiate on the nuclear issue and the lifting of sanctions.On June 18th, the Ministry of Industry and Information Technology and the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Agriculture and Rural Affairs, and the National Energy Administration, organized the 2026 New Energy Vehicle Rural Promotion Campaign. The notice proposed strengthening integration with existing brand activities such as the "Thousands of Counties and Towns New Energy Vehicle Consumption Season." It selected a number of typical county-level cities with low new energy vehicle promotion rates but significant market potential to conduct offline special activities, innovatively creating offline experiential consumption scenarios such as vehicle display and test drives. Through live streaming and online consultations, it aimed to attract consumers from surrounding towns and villages to purchase new energy vehicles, thereby radiating and driving the development of offline physical retail. The notice also called for organizing new energy vehicle sales outlets, after-sales maintenance service companies, charging and battery swapping service companies, and insurance, credit, and other financial service companies to collaborate in rural areas, continuously optimizing the supporting environment for new energy vehicle application in rural areas and improving service levels. Finally, it promoted the application of intelligent connected vehicle technology, new charging and battery swapping technologies, integrated photovoltaic-storage-charging systems, and vehicle-to-grid interaction technologies in rural areas.On June 18th, the Ministry of Industry and Information Technology and the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Agriculture and Rural Affairs, and the National Energy Administration, organized the 2026 New Energy Vehicle Rural Promotion Campaign. The notice proposes to further promote the trade-in program for automobiles in rural areas. The campaign will establish special trade-in zones, promote subsidy policies, and provide "one-stop" services such as old vehicle inspection, evaluation, and recycling, as well as subsidy application assistance, to further improve awareness and coverage of preferential policies and facilitate participation in subsidies for rural consumers. Rural consumers who trade in their old vehicles for new energy vehicles can apply for automobile trade-in subsidies according to policy requirements, without being subject to any restrictions on the number of subsidy eligibility slots.The yield on Japans 30-year government bonds rose 2.5 basis points to 3.755%.Sources say the British government is in advanced talks with Nissan to discuss financial support for the company’s plans to build a plant in Sunderland.

S&P 500 Price Forecast – Stock Markets Give Up Early Gains

Cory Russell

Dec 29, 2022 14:37


Technical Analysis of the S&P 500

Initially attempting to rise during Wednesday's trading session, the S&P 500 eventually gave up gains and lost momentum due to the thin markets' lack of current interest. The 3800 level underneath should be sustained, but if we decline below that, it would be possible to slide considerably lower, maybe as low as the 3700 level.


At this point, rallies ought to be fading, therefore the 3900 level and the 50-Day EMA can serve as a ceiling from which to resume shorting. When signs of fatigue start to surface, they will be pounced on, and I won't think twice about shorting them. Because of this, I believe that the market will continue to be negative, although it's possible that unreliable money managers may attempt to pad their books towards the end of the year. This is a frequent occurrence since they must at least demonstrate to their customers that they possess the "proper stocks."


It appears like Wall Street will sometimes need a reminder that the Federal Reserve is dead serious, which is an issue that the Federal Reserve itself caused by coddling traders for 14 years, so I believe it's just a matter of time until we continue to go lower. In light of this, I am prepared to short this market gradually during rallies and when it begins to show symptoms of tiredness. However, at this time of year, I am not expecting for large swings, so you must see this through the lens of short-term trading.

Suggestion