• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Daiwa Capital Markets raised its price target for Ford Motor (FN) from $13 to $14.February 12th - Railway passenger traffic has entered its pre-holiday peak. The latest data from China State Railway Group shows that 15.05 million passengers are expected to travel today, with 2,039 additional passenger trains planned. Since the start of the Spring Festival travel rush on February 2nd, the national railway system has seen daily passenger volume exceed 10 million for 10 consecutive days.According to futures market news on February 12th, as of the week ending February 7th, Japans commercial crude oil inventories were 10.077 million kiloliters, an increase of 167,823 kiloliters from the previous weeks 9.9092 million kiloliters. Japans commercial gasoline inventories were 1.6242 million kiloliters, a decrease of 71,508 kiloliters from the previous weeks 1.6957 million kiloliters. Japans commercial aviation fuel inventories were 638,700 kiloliters, a decrease of 89,021 kiloliters from the previous weeks 727,800 kiloliters. Japans commercial kerosene inventories were 1.633 million kiloliters, a decrease of 170,563 kiloliters from the previous weeks 1.8036 million kiloliters. Japans commercial diesel inventories were 1.4555 million kiloliters, a decrease of 79,329 kiloliters from the previous weeks 1.5348 million kiloliters. The refinery operating capacity (BPSD) utilization rate was 89.20%, compared to 87.60% the previous week. The refinerys designed capacity (BPCD) utilization rate was 85.50%, compared to 84.00% the previous week.On February 12th, Wallfacer officially released its sparse-linear attention hybrid architecture SALA, and the text model MiniCPM-SALA based on this architecture, which has only 9B parameters. According to reports, MiniCPM-SALA does not use speed-up algorithms such as speculative sampling. On cloud inference chips, when the sequence length is 256K words, its inference speed is up to 3.5 times that of Qwen3-8B, and it supports inference with a context length of up to one million words on cloud chips and consumer-grade edge GPUs.February 12th – The State Council Information Office held a press conference this morning (February 12th) to introduce the "Spatial Coordination Plan for the Modernized Capital Metropolitan Area (2023-2035)" and answer questions from reporters. A relevant official from Beijing introduced that Beijing Pingyuan New Town is an important node for leveraging regional synergy and forming a tiered functional layout, and is also a crucial link in building a modernized capital metropolitan area. Currently, Beijing Pingyuan New Towns economic output has reached one trillion yuan, its permanent residents account for over 30% of the citys total, and it has already formed several cross-border clusters with the surrounding areas of Beijing, possessing a solid foundation for development. Looking towards 2035, the region will have approximately 500,000 permanent residents, 70 square kilometers of urban and rural construction land, and an incremental space of 200 million square meters of building area. With enormous development potential, it will be an important platform for undertaking the relocation of suitable functions from the central urban area and serving the cross-border commuting needs of the commuting population.

Predictions for Gold Prices — Gold prices rose as the dollar weakened

Alina Haynes

May 24, 2022 09:43

Gold prices rise as the dollar weakens to start the week. The currency experienced negative pressure on reduced growth prospects and likely march toward recession. Benchmark rates climbed as shares surged today. Today, the yield on the ten-year Treasury note rose by 3 basis points.

 

On Monday, there was little going on in the world of business. Focus continues on Fed Chair Powell’s speech tomorrow and major economic statistics including PCI and first-quarter GDP published this week. Investors are anxious about impending recession and sluggish economic growth.

Analytical Methods

Gold prices came back from session highs but are still higher and possibly be headed to the 1860s. This week's economic statistics might point to a slowdown in economic growth, which would benefit gold.

 

To begin the week, gold prices held above the 200-day moving average of $1839. Support is indicated near the 200-day moving average near 1839. Resistance is apparent at the May 12th peak of 1858.

 

The Fast Stochastic has formed a crossover buy signal, indicating that the short-term momentum is bullish. Prices are no longer oversold as the fast stochastic prints a value of 54.58, considerably above the oversold trigger level of 20.

 

Medium-term momentum turns bullish as the MACD can provide a crossover buy signal. This occurs as the 12-day moving average minus the 26-day moving average passes below the 9-day moving average of the MACD line.

 

Price declines are predicted by the MACD (moving average convergence divergence) histogram, which shows a downward trend in price.

 

 image.png