EUR/USD 1.13951
0.081%
Gold 4028.42
-0.002%
Oil 81.364
3.873%
USD/JPY 163.706
-0.094%
GBP/USD 1.32940
0.045%
GBP/JPY 217.637
-0.034%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 29 - According to relevant work arrangements, the Ministry of Finance will issue the fourth tranche of RMB treasury bonds for 2026 in the Hong Kong Special Administrative Region on August 5, with an issuance scale of RMB 15 billion. Specific issuance arrangements will be announced by the Hong Kong Monetary Authoritys Central Moneymarkets Unit (CMU).July 29th - Capital Economics economist Abhijit Surya stated that weaker-than-expected Australian inflation data is likely to keep the Reserve Bank of Australia (RBA) on a wait-and-see approach regarding monetary policy tightening. Given the unexpected decline in core inflation in the second quarter, the RBA is unlikely to feel any urgency to raise interest rates in the near term. Capital Economics added that the latest data may prompt the RBA to keep interest rates unchanged at its upcoming August meeting.July 29 – At a press conference held by the State Council Information Office today (July 29), the State Intellectual Property Office introduced its efforts to actively promote rapid and collaborative intellectual property protection. Currently, 83 national-level intellectual property protection centers and 54 rapid rights protection centers have been established nationwide, forming a balanced, tiered, and clearly oriented rapid and collaborative protection network. This network provides local advantageous industries and innovative entities with comprehensive "one-stop" intellectual property protection services, including rapid pre-examination, rapid rights confirmation, and rapid rights protection.Hong Kong-listed mainland property stocks rebounded after a period of volatility, with Sunac China (01918.HK) rising over 7.5%, Longfor Group (00960.HK), Ronshine China (03301.HK), and Shimao Group (00813.HK) all rising over 5.5%, and Sino-Ocean Group (03377.HK) and Yuexiu Property (00123.HK) following suit.On July 29, the State Council Taiwan Affairs Office held a regular press conference. Spokesperson Chen Binhua stated that cross-strait exchanges have remained active since the summer vacation began, with airlines resuming four direct cross-strait routes, which have been well-received by passengers. To further meet the needs of cross-strait passengers, relevant airlines are working hard to restore their direct cross-strait route product system and upgrade transit services. Chen Binhua reiterated that our attitude towards promoting the full restoration of normalized direct cross-strait air travel is positive and clear. We hope that Taiwan will face up to the realistic demand for direct cross-strait passenger flights, follow public opinion, and promptly remove unreasonable restrictions on cross-strait air transport, allowing airlines on both sides to independently arrange flight schedules based on market demand.

The US Stock Market Continues to Pull Back

Skylar Shaw

Apr 02, 2022 11:25

微信截图_20220402091730.png

S&P 500 Technical Analysis

On Friday, the S&P 500 sought to climb in the futures markets but gave back gains, indicating weakness. As a result, the market currently threatens the 4500 level in the futures market, which has previously been a key sector. As a result, it'll be fascinating to watch whether we can pull back much farther, possibly to the 50 Day EMA.


The candlestick's magnitude isn't particularly impressive, but it appears like the 4500 goal I suggested before will be tested. If we break it down further, the 50 Day EMA, which is at the 4400 level, makes a lot of sense, followed by the 200 Day EMA, which is also at that level. 


The market is still highly loud, and I believe it will continue to be so in the future. After all, there are a slew of confusing signals at the present, not least in the bond market, where many traders anticipate we'll see as many as eight interest rate hikes, while others say it's impossible.


Find a reason to go higher, but this is due to the fact that it is unconcerned about the underlying economy. Keep in mind that stock markets are about liquidity more than anything economic. If it were the case, the latest straight-up-in-the-air photo would not have taken place. 


That said, savage rallies are common in bear markets, so, while hope springs eternal, I'll be betting on the downside through options rather than directly in the market.


Suggestion