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August 18th - It was learned today from the National Data Administration that my country is promoting pilot projects for international cooperation in the data field. The first batch of pilot projects will be carried out in 10 locations, including Shanghai, Hainan, Fuzhou, Xiamen, and Quanzhou in Fujian, Changsha in Hunan, Guangzhou, Shenzhen, Hengqin Guangdong-Macao In-Depth Cooperation Zone in Guangdong, and Nanning in Guangxi. The pilot projects will cover six aspects, including data infrastructure, data standards and protocols, and cross-border service ecosystem.The yield on Japans 2-year government bonds fell, dropping 2 basis points to 1.67%.The yield on Japans 5-year government bonds continued its decline, falling 2 basis points to 2.14%.August 18 - According to the Iranian news agency IRNA, Iranian Foreign Minister Araqchi stated: "At the beginning of this war, Trump threatened to force Iran to surrender unconditionally, but Iran did not surrender. When they realized that this delusion could not be achieved, they tried to push for regime change, but failed; then they tried to divide Iran, but failed; they tried to arm various groups in different regions and western provinces, and they also admitted to providing weapons, but that also failed."August 18 – According to the Iranian news agency IRNA, Iranian Foreign Minister Araqchi stated: “As you can see, the enemy pleaded for negotiations shortly after the start of the war. We refused a ceasefire and insisted on fighting until they finally accepted a ceasefire and negotiations on Iranian terms. This history will be recorded in detail. They put forward a multi-term proposal, and we put forward another; they revised it again, and we adjusted accordingly. Finally, they agreed to negotiate on Irans proposal. Only then did Iran accept the ceasefire. Several ambassadors to Iran from different countries have repeatedly told me that almost all the terms of the memorandum of understanding were in Irans favor, with only a small portion in favor of the other side. You also saw that less than two weeks later, they began to violate the memorandum of understanding because all of its contents were in Irans interest. The biggest opponent and obstructor of the implementation of this memorandum has been, and still is, the Zionist regime. I repeat here again – many foreign ministers have told me: Iran has won both the war and diplomacy.”

The US Stock Market Continues to Pull Back

Skylar Shaw

Apr 02, 2022 11:25

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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.