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On October 18, local time, Afghan government spokesman Zabiullah Mujahid issued a statement saying that negotiations with Pakistan are scheduled to be held in Doha, the capital of Qatar, on the same day. A high-level delegation led by Afghan Defense Minister Yakub has set off for Doha.On October 18th, recently, there have been continuous reports from Tesla owners in South Korea that the battery management system of some models has malfunctioned, resulting in the maximum charge capacity of the car being limited to about 50%, seriously affecting the normal use of the vehicle. Teslas passive response has caused strong dissatisfaction among consumers. It is reported that Teslas car registrations in South Korea increased from 15,000 in 2020 to 112,000 in the first half of this year. The Ministry of Land, Infrastructure and Transport of South Korea has launched an investigation and stated that once defects are confirmed, it will order a mandatory recall. At the same time, South Korea asked Tesla to submit a rectification plan last month, but has not received a response so far. A person related to the South Korean Ministry of Environment said that they are considering canceling Teslas electric vehicle subsidy eligibility.On October 18th, Afghanistans Dawn News website reported, citing Afghan security sources, that Pakistan launched an airstrike in Paktika, Afghanistans eastern border province, on the evening of the 17th, killing at least 17 civilians, including three cricket players. The report said the attack occurred around 8:30 PM local time, when a Pakistani fighter jet struck a residential building. Sources said another 16 people were injured, including women and children. Afghan government spokesman Zabiullah Mujahid announced in a statement on social media on the 18th that Defense Minister Yaqoob had led a senior government delegation to Doha, Qatar. Earlier, local media reported that a delegation composed of senior security and intelligence officials from Afghanistan and Pakistan would hold talks in Doha to discuss extending the ceasefire and other issues.Afghan government spokesman: Afghanistan and Pakistan will hold talks in Doha, Qatar, after fierce exchanges of fire broke out between the two sides.On October 18, Japans ruling Liberal Democratic Party and the largest opposition Constitutional Democratic Party held talks on the morning of the 17th and reached an agreement on holding a prime ministerial nomination election on the 21st. The two sides also agreed on the duration of the extraordinary Diet session, which will run from October 21st to December 17th.

S&P 500 Price Forecast – Stock Markets Wait for the Jobs Number

Alice Wang

Oct 09, 2022 14:31

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Technical Analysis of the S&P 500

As we wait for Friday's employment report, the S&P 500 has been relatively calm throughout the trading session on Thursday. This does make sense in a lot of ways since many individuals won't want to take on a lot of risk before this unpredictable number. After all, the Federal Reserve's decision, which is by far the most crucial item to watch out for right now for most traders, will be greatly impacted by the employment report. Given enough time, I do think volatility will persist and many accounts will lose all of their money. I think the market has gone ahead of itself at this point, and any indication that the Federal Reserve may take a hawkish attitude might have serious consequences for the stock market.


When I look at the S&P 500, I see that the market is having trouble staying above the 3800 level on the E-mini contract, which does indicate that some confidence has been eroded. Since there is nothing that should be seen as optimistic right now, I believe that this market will retest its lows. This is only a result of Wall Street speculators believing that the Federal Reserve would step in to save them.


In actuality, the Federal Reserve no longer actively trades the markets, so they have no incentive to attempt to drive it higher. They will keep tightening monetary policy as long as inflation keeps soaring. Keep in mind that for the last 14 years, the stock market's success has mostly been supported by inexpensive money.

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