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According to Japans Asahi Shimbun: Japanese Prime Minister Shigeru Ishiba aims to push forward tariff agreement negotiations in July.On May 11, industry insiders said that flying cars are at the critical point of industrial explosion, and technology, policies, and market demand have formed a resonance. From demonstration operation to large-scale popularization, it is still necessary to overcome the three tests of technological maturity, regulatory perfection, and user acceptance. In the future, flying cars may reconstruct the three-dimensional urban transportation system and make "air travel" a daily routine.Conflict situation: 1. Russian Defense Ministry: Russian troops continue to strictly abide by the ceasefire system and remain in the previously occupied fronts and positions. 2. Russian Defense Ministry: Ukrainian troops have violated the ceasefire agreement 9,318 times and attempted to break through the Russian border in Kursk and Belgorod regions four times. 3. Peskov: The three-day ceasefire has ended and no ceasefire measures have been seen from the Ukrainian side. Peace talks: 1. Leaders of many European countries arrived in Kiev, Ukraine for a visit. 2. Leaders of four European countries called for a 30-day ceasefire between Russia and Ukraine. 3. Ukrainian Foreign Minister: Ukraine is ready to unconditionally ceasefire for at least 30 days. 4. Putin proposed to resume direct negotiations between Russia and Ukraine in Turkey on the 15th. Other situations: 1. Zelensky: Russia is showing that it is unwilling to end the conflict, and the "coalition of the willing" must increase investment in Ukraines defense to ensure that Russia abides by the rules in the event of a ceasefire. 2. Ukrainian and European leaders: If Russia fails to abide by the ceasefire agreement, large-scale sanctions will be imposed and military aid (to Ukraine) will be increased. If a 30-day ceasefire is achieved, peace talks will begin during this period. 3. French President Macron: The United States will monitor the implementation of the ceasefire agreement in Ukraine. 4. Russian Presidents Press Secretary: Russia is accustomed to sanctions and knows how to minimize the consequences of sanctions. 5. The Kremlin: The statements of European countries have "confrontational characteristics."On May 10, local time, Russian Presidents Press Secretary Peskov said that Russia is actively developing relations with many countries and will continue to do so. Peskov pointed out that it is very difficult to isolate Russia because Russia occupies a very important position in the world. In addition, Peskov also said that Russian President Putin is willing to engage with leaders of any country in the world, and he is willing to interact to the extent that they are ready to cooperate.On May 10, California Governor Gavin Newsom criticized the U.S. federal government in a video posted on social media. He said that the U.S. governments current tariff policy "may cause the United States to lose its position as the worlds largest economy." In the video, he criticized the U.S. governments tariff policy for blocking U.S. imports and directly affecting the daily lives of ordinary people. "In a few months, people will lack school bags and Christmas toys. Tariffs will make American families even worse." Newsom said that as the state with the strongest economic power in the United States, California occupies an important position in the global economy, precisely because California is committed to "reducing trade barriers and providing quality services to American consumers", but the current tariff policy is undermining all of this, leading to rising prices and stagnation at ports.

S&P 500 Price Forecast – Stock Markets Quiet Ahead of FOMC Meeting Minutes

Skylar Shaw

Nov 24, 2022 16:36


Technical Analysis of the S&P 500

Prior to the FOMC Meeting Minutes being released late on Wednesday and the Thanksgiving break on Thursday, the S&P 500 E-mini contract has been rather quiet. The underlying index will be closed, but there will be some electronic trading on the futures markets, but it will be considerably limited. It is tough to conceive that this market will genuinely take off unless the FOMC Meeting Minutes contain something unusually dovish and it sits just over the 200-Day EMA. Even if it does, resistance can also appear in the form of the downtrend line just above it.


The 3900 level, which was formerly resistance, is now serving as support beneath. The 50-Day EMA could be cut if we break down below that level, which would be a highly unfavorable development. Despite the trendline above, there is a case to be made for a slight rally because at this time of year, money managers frequently enter the market and begin purchasing securities to boost prices because they must disclose to their clients what they own and whether or not they made any gains for the year.


Having said that, there is a small amount of herd mentality surrounding the "Santa Claus rally." It doesn't necessarily mean that it will stick and it doesn't necessarily imply that it must occur, but history tends to support that kind of action. However, I do believe that ultimately we will fall due of the excessive number of economic obstacles.