EUR/USD 1.15320
-0.088%
Gold 4363.51
-0.608%
Oil 82.829
1.706%
USD/JPY 159.316
0.010%
GBP/USD 1.34967
-0.073%
GBP/JPY 215.030
-0.059%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
August 11th - According to big data from TravelSkys official direct sales platform for civil aviation, as of August 11th, domestic flight ticket bookings for the Mid-Autumn Festival and National Day holidays (September 25th - October 7th) exceeded 1.71 million, a year-on-year increase of approximately 7%; while international flight ticket bookings exceeded 1.28 million, a year-on-year increase of approximately 11%.On August 11th, it was reported that since August, several small and medium-sized banks in Hubei, Guangdong, and other regions have successively raised deposit interest rates. Entering August, many city commercial banks, rural commercial banks, and village banks announced increases in their listed deposit rates or rates on special deposit products. Overall, the increases ranged from 10 to 33 basis points (BP). Against the backdrop of declining macro-market interest rates and the banking industrys continued efforts to reduce liability costs, the fact that most small and medium-sized banks have lowered deposit rates has drawn market attention. Industry insiders believe this move has a clear characteristic of attracting deposits in a short period, lacks universality, and is not directly related to the recent collective resumption of five-year large-denomination certificates of deposit by some large state-owned banks.On August 11th, it was reported that DeepSeek Harness has established an official WeChat account, "DeepSeek Harness Team," with the account registered under the name of Beijing DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. Public information shows that the latter is wholly owned by Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. In late June, Cui Tianyi, head of the DeepSeek Harness team, posted on social media that as a newly established department, the DeepSeek Harness team has ambitious goals and a heavy workload, and is currently facing a severe shortage of personnel. He stated, "Im interviewing people every day and posting recruitment ads on various platforms."Al Arabiya TV reported that Houthi rebels attacked a merchant ship with a ballistic missile in the Bab el-Mandeb Strait today, killing three foreigners.On August 11, Moldovan Deputy Prime Minister and Minister of Infrastructure and Regional Development Vladimir Boleya visited Ukraines Odessa region on August 10 to discuss optimizing railway connectivity and increasing the scale of transit transport with Ukrainian officials. According to British media reports, facing disruptions to Black Sea shipping, Ukraine is considering using the Moldova railway to export grain. On August 10, reports indicated that Ukraine hopes to transport grain to the Romanian port of Constanta via railways within Moldova. The two sides are currently negotiating the timing, volume, and freight costs of the grain shipments. Reports suggest that Ukraine is attempting to negotiate a 50% discount on standard freight rates; Moldova, on the other hand, is demanding guarantees from Ukraine regarding the volume of grain transit transport.

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