EUR/USD 1.18541
-0.107%
Gold 3675.61
-0.385%
Oil 64.103
-0.103%
USD/JPY 146.500
0.036%
GBP/USD 1.36383
-0.047%
GBP/JPY 199.805
-0.005%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to the Wall Street Journal: Ford Motor (FN) further cuts 1,000 jobs in Germany due to continued weak demand for electric vehicles.The European Parliaments head of metals will visit Kyiv, MEPs said.September 17th news: On September 17th local time, Krasnodar Airport in southern Russia received the first flight since its suspension of operations. This is also the first time the airport has resumed formal operations since its closure since the outbreak of the Russia-Ukraine conflict in February 2022.The number of rate cuts this year is expected to increase. 1. JPMorgan Chase: The updated dot plot indicates room for three rate cuts this year, one more than the June dot plot. 2. Deutsche Bank: The updated dot plot median may indicate a total of 75 basis points of rate cuts in 2025, 25 basis points more than the June forecast. 3. Barclays: The dot plot indicates three rate cuts this year, one each in 2026 and 2027, while the median long-term rate forecast remains unchanged at 3.0%. 4. Bank of Montreal: The median rate forecast for the end of 2025 is expected to be lowered to reflect the possibility of 25 basis point cuts at both the October and December meetings. The dot plot remains unchanged from June. 1. Pepperstone: The Federal Reserve is likely to disappoint market expectations. The dot plot median is likely to remain unchanged, still indicating only a cumulative rate cut of 50 basis points this year. 2. UBS: The dot plot will show two rate cuts this year, while the market expects closer to three. Participants economic outlook forecasts will also be in focus. 3. Bank of America: With macroeconomic forecasts largely unchanged, the median Fed rate forecast for 2025 will continue to indicate a 50 basis point cut, despite a downward shift in the overall dot plot. 4. Goldman Sachs: We expect the updated dot plot to show two rate cuts this year, to 3.875%. While the Fed may currently be planning three consecutive rate cuts this year, it may decide that forcing this into the dot plot is unnecessary. 5. Morgan Stanley: We expect the median dot plot to still show two rate cuts this year, but actual economic data may push the Fed to continue cutting rates throughout the rest of the year, extending this round of cuts into January. Other Views: 1. Citigroup: The updated dot plot is likely to indicate two to three rate cuts this year, and the median rate forecast for 2026 may also be revised downward.The UKs core CPI monthly rate in August was 0.3%, in line with expectations and the previous value of 0.2%.

S&P 500 Price Forecast – Stock Markets Have Volatile Opening for the Year

Skylar Shaw

Jan 04, 2023 14:27

微信截图_20230104142425.png

Technical Analysis of the S&P 500

In order to crash through the 50-Day EMA in the E-mini futures market at the start of the trading day on Tuesday, the S&P 500 gapped, but it later pulled back to close that gap. In the end, there probably will be support there, but I also believe there will be a lot of pushback there as well. I believe we continue to see a lot of loud activity since we have been congregating in the general area.


It's feasible that we may decline to the 3700 level or perhaps the 3600 level if we were to breach below the 3800 level. However, if we do break out to the upside, there is even more resistance close to the 200-Day EMA, which is located just at the 4000 level. I believe that at this moment, the only thing you can bet on is a lot of choppy activity. All else being equal, this market should end up being a good selling opportunity even if it rallies since there is also a downtrend line.


The Friday employment report will very probably have a significant impact on where we go next because, to put it bluntly, if it comes in hot enough, it will make people fear that the Federal Reserve will start tightening again. Beyond that, we need to be concerned about a global downturn and, obviously, profits that are going to plunge. In fact, given the continued high levels of market volatility and pessimism, it is extremely possible that the markets will see significant losses in the next year.

Suggestion